In a groundbreaking initiative poised to revolutionize wildfire management, Greece has embarked on a €20 million investment partnership with OroraTech, a leading provider of thermal intelligence solutions. Spearheaded by the Greek Ministry of Digital Governance and the Hellenic Space Center, this ambitious project aims to deploy a constellation of thermal imaging satellites to monitor and…
Spanish startup Citibox has successfully raised €80 million in debt funding, led by Growth Credit Partners (London) and CoVenture (New York), marking a significant milestone in its mission to expand its network of smart mailboxes throughout Spain. Founded in 2016, Citibox specializes in smart mailbox solutions installed within residential buildings, ensuring successful postal deliveries and…
Nycrypto Labs, a visionary blockchain development hub, has secured $800,000 in pre-seed funding to bolster the launch of Tidus Wallet, a groundbreaking multi-chain, non-custodial platform designed to simplify and secure decentralized finance (DeFi) interactions. Led by DNA Fund and joined by Transform Ventures and notable angel investors, this funding marks a pivotal moment as Nycrypto…
iLearningEngines, a pioneering force in AI-powered learning and work automation, has announced a significant milestone in its growth journey with the securing of an additional $20 million in funding. This funding comes through an amendment to its existing Loan and Security Agreement, enhancing its financial capacity to execute expansive growth initiatives. The amendment, entered into…
Tembo, a leading provider of managed services for Postgres, has announced the successful closure of a $14 million Series A funding round, led by GreatPoint Ventures. Other participants include Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, Cintrifuse Capital, and notable angel investors. This funding will bolster Tembo’s mission to revolutionize data management by leveraging Postgres,…
SendBlocks, a pioneering startup specializing in blockchain data management, emerges from stealth mode today with a substantial $8.2 million in seed funding. The funding round, which underscores growing investor confidence in blockchain innovation, positions SendBlocks to redefine how enterprises interact with blockchain data. SendBlocks offers a transformative platform that simplifies access to blockchain data. Designed…
Kvantify ApS, a trailblazing quantum software start-up based in Copenhagen, has successfully concluded a EUR 10 million seed funding round aimed at unlocking the potential of quantum computing, particularly in the life sciences sector. Led by Danish VC Dreamcraft, alongside biotech investor Lundbeckfonden BioCapital and private investment company 2degrees, this funding infusion underscores Kvantify’s commitment…
Beacon Therapeutics, a pioneering ophthalmic gene therapy company dedicated to combating blinding retinal diseases, has secured $170 million in Series B funding, marking a significant stride towards advancing its transformative treatments. Led by Forbion and supported by existing investors Syncona and Oxford Science Enterprises, alongside newcomers TCGX and Advent Life Sciences, this funding round will…
HR Path, a global leader in HR consulting, has achieved a monumental milestone with the closing of a record €500 million fundraising round led by Ardian, a prominent private investment firm. This landmark financing, the largest in HR Path’s history, sets the stage for accelerated international expansion and further solidifies its position as a frontrunner…
Prodia, a pioneer in distributed GPU networks for AI inference solutions, has announced a significant milestone with the closing of a $15 million seed funding round. This financing, led by Dragonfly Capital, underscores Prodia’s commitment to enhancing scalability and affordability in AI technologies through innovative Web3 infrastructure. Other notable investors include HashKey, Index Ventures, and…
