Vytal, a trailblazer in software-enabled reusable packaging solutions, has successfully closed a €6.2 million growth financing round aimed at advancing its mission in promoting sustainability within the packaging industry. The funding was led by Emerald Technology through its Sustainable Packaging Innovation Fund, with participation from Ventis, Kiko Ventures, Grazia Equity, and Rubio, underscoring strong support…
In a significant stride towards transforming consumer research, Knit, the pioneering AI platform, has successfully closed a $9 million funding round. This financial boost, led by Revolution’s Rise of the Rest Seed Fund, marks a pivotal moment for the company as it announces new partnerships with industry giants including T-Mobile, NASCAR, the WNBA, Mars Wrigley,…
Vertus Energy, a pioneering industrial biotech firm specializing in Waste-to-X solutions, has successfully raised €8.75 million in a Seed funding round to advance its innovative approach to managing bacteria behavior in biogas production. This funding marks a significant milestone for Vertus Energy as it strives to redefine waste treatment by converting it into valuable resources…
Etaily, the Philippines’ digital-native retail platform, has successfully secured a significant strategic investment led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC) through its SMBC Asia Rising fund. The new funding round brings etaily’s total capital raised to over $24 million, earmarking the capital to accelerate its expansion and focus on the burgeoning social commerce landscape…
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…
Pearl Health, a pioneering force in democratizing healthcare access through innovative software and services, celebrates CEO and co-founder Michael Kopko’s recognition as an EY Entrepreneur Of The Year® 2024 New York Award winner. Ernst & Young LLP (EY US) bestowed this prestigious accolade upon Kopko in acknowledgment of his transformative leadership and Pearl Health’s impactful…
In a groundbreaking move set to redefine Dubai’s technological landscape, Polynome Group, a leading UAE-based technology firm, has announced the launch of a visionary $100 million fund dedicated to advancing AI startups. This strategic initiative, unveiled during the prestigious AI Retreat organized by the Dubai Centre for AI Applications in collaboration with the National Programme…
Sift, a trailblazer in hardware sensor data observability, has announced a significant milestone with the closure of a $17.5 million Series A funding round led by GV (Google Ventures). This latest injection of capital propels Sift’s total funding to $25 million, marking a pivotal moment in their journey to redefine how engineers harness machine data…
Lirvana Labs, the innovative force behind the Yeti Confetti™ Kids app, announces remarkable advancements in childhood education with its AI-driven learning platform. Recent data reveals that just 15 minutes of weekly engagement on the app can boost English literacy and mathematical reasoning skills by half a grade level in a mere 10 weeks, underscoring its…
The European Investment Bank (EIB) has announced a significant €20 million venture-debt financing deal with German medtech innovator Protembis. This funding is set to propel the development of Protembis’ cutting-edge ProtEmbo Cerebral Embolic Protection system, designed to safeguard patients’ brains during catheter-based heart procedures. Protembis, known for its trailblazing approach to medical technology, will utilize…
