QED Protocol, a pioneering force in the realm of Web3 development leveraging Bitcoin’s capabilities, has announced a successful $6 million funding round led by Blockchain Capital. This investment is set to propel QED’s groundbreaking technology, which promises to redefine the landscape of smart contracts, layer-two solutions, and various Web3 applications. QED Protocol stands at the…
Inscora, an innovative Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has successfully raised $2 million in its latest funding round. The investment, led by Luge Capital, includes contributions from Desjardins Capital, Accelia Capital, Inovia Capital, and notable angel investors from the cybersecurity sector. Founded by Gabriel Tremblay,…
Gensmo, an innovator in AI-powered fashion shopping, has secured over $60 million in seed funding to redefine how consumers explore and select personal style. The New York–based startup, founded and led by CEO Ning Hu, launched its real-time virtual “Try-On” feature in December 2024, allowing users to see garments on lifelike digital avatars—streamlining the path from…
Utrecht-based agtech startup Aurea Imaging has secured €2.8 million in a Series A funding round to expand its innovative sensor systems tailored for precision farming in fruit orchards. The funding round was led by ROM Utrecht Region and included participation from impact investors such as Pymwymic, Knop Ventures, Goeie Grutten Impact Fonds, and BarUni Family…
Ampeco, the fast-growing electric vehicle (EV) charging startup, has successfully secured $26 million in a Series B funding round led by Revaia, with contributions from existing investors including Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This latest infusion of capital brings Ampeco’s total funding to $42 million since its founding in 2019, propelling the…
Rare Beauty Brands, in collaboration with JCPenney, announces the inaugural LIFT Beauty Accelerator program aimed at empowering female-identifying founders from Black and Brown communities within the beauty industry. This initiative, supported by prestigious sponsors including Black Beauty Collective and Black Girl Ventures, seeks to foster innovation and inclusivity by offering financial grants, retail opportunities, and…
Halo Industries, Inc., a pioneer in laser manufacturing technology for the semiconductor sector, has successfully closed its oversubscribed Series B funding round, securing up to $80 million. The round was led by Thomas Tull’s U.S. Innovative Technology Fund (USIT), alongside investments from 8VC and SAIC. This substantial funding infusion will accelerate Halo Industries’ efforts to…
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…
Ability Biologics, a trailblazer in AI-driven therapeutic discovery, has closed an $18 million seed funding extension, marking a significant milestone in its quest to revolutionize antibody therapeutics for cancer and immune-related disorders. Led by founding investor Amplitude Ventures, this financing round includes strategic support from Fonds de solidarité FTQ, Investissement Québec, Charles River Laboratories, Theodorus,…
In a significant boost for sustainable innovation, Belgian biotech startup AmphiStar has been awarded a €2 million grant from SPRIN-D, Germany’s Federal Agency for Disruptive Innovation. This funding marks a remarkable milestone for the company, bringing its total financing for 2023 to €10 million. The grant is aimed at advancing AmphiStar’s groundbreaking biotechnology platform, which…
