August 12, 2024

Halda Therapeutics Garners $126 Million in Series B Extension to Propel Innovative Cancer Treatments into Clinical Trials

Halda Therapeutics, a leading biotechnology firm renowned for its pioneering cancer therapies, has successfully raised $126 million in a Series B extension. This latest funding round saw significant participation from premier investors, including Deep Track Capital, Frazier Life Sciences, RA Capital Management, Vida Ventures, Boxer Capital, and Taiho Ventures. Existing backers such as Canaan Partners,…

Founders Floris Engelhardt, John Vroom, Mark Bathe

Kano Therapeutics Secures $7.1 Million in Funding to Revolutionize Genetic Medicine with Non-Viral DNA Insertion

Editor4 months ago4 months ago05 mins

Kano Therapeutics, a forward-thinking biotechnology firm emerging from MIT, has announced the successful closure of a $7.1 million funding round, underscoring its potential to reshape the landscape of genetic medicine. This financing includes an oversubscribed $5 million seed round co-led by The Engine Ventures and VSquared Ventures, with additional support from Taihill Venture and Metaplanet….

BlueQubit and Quantum Art Secure $2.2M BIRD Foundation Grant for Quantum Computing Advancement

Editor4 months ago05 mins

BlueQubit Inc., a California-based pioneer in quantum software, and Quantum Art Ltd., an innovative Israeli quantum hardware developer, have been awarded a prestigious grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation. This grant, valued at $2.2 million over two years, aims to advance the frontier of quantum computing by enhancing quantum machine…

UptimeAI Secures $14M Series A Funding to Revolutionize North American Industrial Plant Monitoring

Editor4 months ago06 mins

In a significant leap forward for AI-driven industrial technology, UptimeAI has successfully closed a $14 million Series A funding round, spearheaded by WestBridge Capital with key contributions from Emergent Ventures and Aditya Birla Ventures. This latest infusion of capital marks a pivotal moment for UptimeAI, propelling its ambitious expansion across North America and solidifying its…

ECD Automotive Design Secures $2 Million in Funding to Expand Luxury Restomod Offerings

Editor4 months ago2 months ago05 mins

ECD Automotive Design, the premier global name in luxury Land Rover and Jaguar restorations, has announced a significant milestone in its growth journey. The company, recognized for its bespoke luxury vehicles, has secured a notable $2 million in funding from its existing investors. This infusion of capital is set to propel the company’s ambitious expansion…

Amulet Secures $6 Million in Series A Funding to Revolutionize Food Allergen Detection

Editor4 months ago4 months ago06 mins

Amulet, an innovator in food safety technology, has successfully raised $5.8 million in Series A financing. This round, spearheaded by HealthX Ventures, also saw participation from Incite Ventures, AllerFund, Mendota Venture Capital, Great Oaks Venture Capital, and notable individuals including Pinterest executive Julie Bornstein and investor Diede van Lamoen. The investment will propel Amulet’s mission…

Kognic-co-founders-Daniel-Langkilde-and-Oscar-Petersson-Image-credit-Kognic (1)

Kognic Secures €8.8M to Elevate Data Annotation for Next-Gen AI Innovations

Editor4 months ago03 mins

Gothenburg-based Kognic, a pioneering platform specializing in data annotation for sensor-fusion, has successfully raised SEK 100 million (€8.8 million) in its latest funding round. This investment round saw support from existing backers including Metaplanet, Neudi Kapital, and Stena Sessan. Kognic, founded by engineering physicists Daniel Langkilde and Oscar Petersson in 2018, is on a trajectory…

Balderton Capital Unveils Record €1.1B Fund to Champion Europe’s Next Generation of Tech Innovators

Editor4 months ago4 months ago05 mins

In a significant move poised to reshape Europe’s tech landscape, Balderton Capital, the London-based venture capital firm, has announced a monumental $1.3 billion (€1.1 billion) investment package. The firm will deploy this capital through its newly established Early Stage Fund IX, raising $615 million (€563 million), and Growth Fund II, which garnered $685 million (€627…

Gaussion Secures €11M to Revolutionize Battery Performance with Cutting-Edge Magnetic Technology

Editor4 months ago06 mins

In a significant stride towards transforming battery technology, London-based magneto-electrochemistry pioneer, Gaussion, has successfully raised €11M in a Series A funding round. The round was led by Autotech Ventures, a prominent San Francisco-based venture capital firm, with continued support from existing backers BGF and the UCL Technology Fund. Managed by AlbionVC in collaboration with UCL…

Latvian Defence Startup Origin Secures €4.5 Million to Develop Advanced Laser-Guided Drones

Ampeco Secures $26 Million in Series B Funding to Accelerate Global EV Charging Expansion

Molyon Secures $4.6 Million to Revolutionize Lithium-Sulfur Batteries for the Future of Electrification

Gendo Secures £4.3M Seed Funding to Revolutionise Architectural Design with AI-Powered Visualisations

Sociaaal Secures $4 Million in Funding from Braavo Capital to Accelerate Growth and Diversify Portfolio

Infinitus Systems Secures $51.5 Million in Series C Funding to Transform Healthcare with AI