PictorLabs, an innovative software firm at the forefront of AI-driven histopathology, has successfully raised $30 million in its Series B funding round. This round was led by Insight Partners, a global software investment powerhouse, with continued support from M Ventures, the venture capital branch of Merck KGaA, Darmstadt, Germany, which previously led PictorLabs’ Series A…
In a significant development for the AI and logistics sector, Belgian startup Timefold has successfully raised €6 million in funding, spearheaded by investment firm Lakestar and supported by earlier seed investor Smartfin. This infusion of capital aims to accelerate the growth of Timefold’s innovative planning optimization platform, which seeks to streamline scheduling for businesses and…
Samp, an innovative player in the industrial technology sector, has successfully closed a €6 million fundraising round aimed at advancing its groundbreaking AI-generated digital twin solution. Founded in 2019 by industry veterans Shivani Shah, a former executive at CEA, and Laurent Bourgouin, previously with Dassault Systèmes, Samp is on a mission to empower industrial sites…
In a significant boost for the insurance technology sector, Akur8, a Paris-based company specializing in machine learning-driven insurance pricing and reserving solutions, has successfully raised $120 million in its Series C funding round. This new investment elevates the total funding raised by Akur8 to an impressive $180 million. The latest funding round was spearheaded by…
Estonian cybersecurity startup Patchstack has successfully raised $5 million in a Series A funding round aimed at enhancing its open-source security solutions. This round, led by Karma Ventures, saw participation from G+D Ventures and Emilia Capital, the investment firm established by Yoast founders Marieke van de Rakt and Joost de Valk. This funding follows a…
In a significant leap for minimally invasive surgical technology, Munich-based medtech innovator Symphera has successfully raised €2.4 million in a Seed financing round. This funding will propel the company’s groundbreaking work in automating tool-switching during laparoscopic procedures, effectively rendering manual instrument changes obsolete. With a simple push of a button, surgeons can seamlessly transition between…
AttoTude, a pioneering company in high-speed interconnect technology for artificial intelligence and hyperscale data center applications, has announced the successful closure of its $29 million Series A funding round. This latest investment follows an $11 million Seed Round concluded earlier this year. The Series A round saw contributions from notable investors, including Sutter Hill Ventures,…
In a landmark development for the field of regenerative medicine, Cellino Biotech, Inc. has been awarded up to $25 million in funding from the Advanced Research Projects Agency for Health (ARPA-H), a division within the U.S. Department of Health and Human Services. This grant will significantly advance Cellino’s NEBULA, a cutting-edge biomanufacturing technology designed to…
Illuma Labs, a pioneering force in voice authentication technology for banking institutions, has successfully closed a $9 million Series A funding round. The investment, led by LiveOak Ventures and supported by Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU, will drive the company’s efforts to develop cutting-edge solutions to tackle fraud, voice…
Radiant Biotherapeutics, a cutting-edge biotechnology firm specializing in advanced antibody therapies, has announced the successful closure of a $35 million Series A financing round. This significant investment, spearheaded by the Bill & Melinda Gates Foundation and Amplitude Ventures, aims to further develop Radiant’s innovative Multabody™ platform, which is poised to revolutionize therapeutic approaches across various…
