Alvys, a next-generation logistics platform aiming to revolutionize supply chain management, has secured $20.5 million in a Series A funding round. This investment, led by Titanium Ventures with participation from Picus Capital and existing investors RTP and Bonfire, fuels Alvys’ mission to become the go-to platform for logistics and supply chain operations. The funding windfall…
In a significant stride towards redefining material science, Maxterial, a pioneering technology company, has successfully concluded its Series A funding round with an impressive raise of nearly $8 million. This achievement not only underscores Maxterial’s growing influence but also highlights its steadfast commitment to revolutionizing traditional industries through cutting-edge advancements in material science. Led by…
Formation Bio, a pioneering force at the intersection of technology and pharmaceuticals, has announced a landmark achievement with the closure of a $372 million Series D financing round. This funding round was led by prominent investors including a16z and Sanofi, with continued support from existing backers such as Sequoia, Thrive, Emerson Collective, and Lachy Groom,…
The European space industry has received a momentous boost with the announcement of a substantial €170 million investment fund by Alpine Space Ventures. This venture capital firm, led by industry veterans Bulent Altan and Joram Voelklein, aims to catalyze the next wave of innovation in space technology across Europe. Alpine Space Ventures’ strategic focus is…
In a significant leap forward for warehouse automation, London-based PHINXT Robotics has successfully raised £2 million (approximately €2.32 million) in a seed funding round. The investment, led by Ada Ventures, along with contributions from George Mensah of Sure Valley Ventures and angel investor Amar Shah—co-founder of Wayve—signals a robust endorsement of PHINXT’s innovative approach to…
In a vote of confidence for embedded insurance’s growing role in European fintech, Stockholm-based Eir Insurance has secured €20 million in growth capital. The round was led by Endeit Capital, an Amsterdam-based investment firm focused on scaling European tech ventures, with participation from select family offices and existing shareholders. Eir Insurance operates with a B2B2X…
CarCloud, a pioneering UK startup dedicated to transforming car finance management, has successfully concluded its Seedrs investment round with an impressive £425,000 raised, surpassing its initial target of £325,000. This achievement has elevated the company’s post-money valuation to £6.82 million, following meticulous due diligence overseen by Seedrs. CarCloud addresses a pressing financial concern among UK…
PolTREG S.A., a pioneering biotechnology firm specializing in cellular therapies for autoimmune disorders, has announced groundbreaking findings from its long-term clinical study on PTG-007, a polyclonal Treg cell therapy for early-onset type-1 diabetes (T1D). Over a span of 7 to 12 years, pediatric patients treated with PTG-007 demonstrated sustained insulin secretion, contrasting starkly with a…
Oyster®, the leading platform for global employment solutions, has successfully closed a $59 million Series D funding round. The financing, spearheaded by Silver Lake Waterman and supported by notable investors including Emergence Capital, Stripes, Georgian, G2 Venture Partners, and Endeavor Catalyst, positions Oyster to further accelerate its expansion and refine its innovative services. With this…
Vecna Robotics, a trailblazer in flexible material handling automation solutions, has announced the successful closure of its Series C funding round, securing an impressive $100 million. This financing, comprising $40 million in equity and debt, marks a significant milestone for the company, nearly doubling its valuation from previous rounds. Investors backing this round include Tiger…
