In a significant stride towards transforming B2B distribution across Europe, Finnish startup Droppe has announced the successful closure of a €3.9 million seed funding round. Led by esteemed early-stage venture capital firm OpenOcean, the funding round saw participation from notable figures including Miki Kuusi and Marianne Vikkula of Wolt, Ilkka Paananen of Supercell, and Robert…
NeuroTherapia, Inc., a clinical-stage biotech company and Cleveland Clinic Innovations portfolio entity, has successfully completed the first close of its Series B financing with $12.3M raised. The financing round, led by Cleveland Clinic, sees continued support from Brain Trust Accelerator Fund II, Dolby Family Ventures, and the Alzheimer’s Drug Discovery Foundation (ADDF), with new investment…
A beacon of innovation has emerged from the serene shores of Lugano, as InVirtuoLabs secures €2.85 million in its inaugural funding round. This Swiss biotech pioneer, dedicated to reshaping the future of pharmaceuticals, is set to harness artificial intelligence to slash the staggering costs and timelines that have long burdened drug development. With this capital,…
Canoe Intelligence (“Canoe”), a leading financial technology company specializing in alternative investment management, has secured $36 million in its Series C funding round led by Growth Equity at Goldman Sachs Alternatives. This substantial investment, with continued support from existing investors F-Prime Capital and Eight Roads, underscores Canoe’s pivotal role in transforming data management for institutional…
In a significant move set to redefine institutional trading in digital assets, Crossover Markets has announced the successful closure of its Series A funding round, securing $12 million. The round was led by Illuminate Financial and DRW Venture Capital, underscoring growing investor confidence in Crossover’s pivotal role in the evolving financial landscape. Crossover Markets, renowned…
In a significant stride towards combating climate change, Sirona Technologies has successfully raised €6 million in a Seed round to propel its innovative Direct Air Capture (DAC) technology. This funding, co-led by LocalGlobe and XAnge, underscores growing investor confidence in Sirona’s mission to revolutionize carbon removal from the atmosphere. Founded in 2023 and headquartered in…
RunSafe Security, a leader in software immunization against cyberattacks, has successfully closed a $12 million Series B funding round. This investment, spearheaded by Critical Ventures and SineWave Venture Partners, along with participation from BMW i Ventures, Lockheed Martin Ventures, and others, will enhance product development and facilitate expansion into the EMEA and APAC markets. RunSafe’s…
Trio Mobil, an innovator in AI and IoT solutions for workplace safety and efficiency, has announced a significant $26.5 million in growth financing led by NewSpring Growth. The funding round also saw participation from 212 and TIBAS Ventures. This substantial investment will propel Trio Mobil’s mission to enhance safety and operational efficiency across global industries….
BOOOM, a newly established microfund, has announced a €17 million investment initiative aimed at fueling the growth of early-stage B2B software startups across Europe. Led by Felix Plapperer, former Partner at SquareOne and now General Partner at BOOOM, the fund plans to allocate between €100,000 and €400,000 per startup, targeting companies at angel-only rounds, Pre-seed,…
Nearfield Instruments, a leading developer of state-of-the-art Metrology & Inspection (M&I) solutions for the semiconductor industry, has successfully concluded a significant Series-C funding round, securing €135 million. This funding round was oversubscribed and prominently led by new investors Walden Catalyst and Temasek, with M&G Investments also contributing as a co-investor, alongside existing supporters Innovation Industries,…
