Copenhagen-based ABH Optics ApS, an innovative spin-off from the Technical University of Denmark (DTU), has successfully raised €1 million in a pre-seed funding round. The investment, led by High-Tech Gründerfonds (HTGF), positions the company to advance its groundbreaking work in developing the world’s thinnest and lightest eyeglass lenses. HTGF’s Senior Investment Manager, Olaf Joeressen, expressed…
Apriori Bio, a pioneering biotechnology firm, has secured a significant funding injection of US $1.1 million from CEPI (Coalition for Epidemic Preparedness Innovations) to propel its cutting-edge artificial intelligence platform, Octavia™. Designed to safeguard against rapidly-evolving viral threats, Octavia™ employs advanced machine learning to predict and counteract virus mutations, crucial for developing variant-resilient vaccines. Octavia™…
Molten Industries, a visionary startup rooted in a Palo Alto garage, has secured a substantial $25 million Series A funding round to propel its mission of decarbonizing heavy industries through innovative methane pyrolysis technology. Founded by Dr. Kevin Bush and Dr. Caleb Boyd during the pandemic, Molten has rapidly evolved from experimental setups in a…
Swiss AI startup Albatross has announced a successful €3 million funding round, spearheaded by redalpine with additional participation from Daphni. Founded by former Amazon machine learning experts Dr. Kevin Kahn, Dr. Matteo Ruffini, and Johan Boissard, Albatross is set to redefine user engagement across eCommerce, media, and online marketplaces through innovative AI-driven personalization strategies. The…
Tiimo, the innovative app dedicated to supporting neurodivergent individuals, has announced the successful completion of a $1.6 million funding round. This latest investment elevates Tiimo’s total pre-Series A funding to an impressive $4.8 million. Founded in 2016 and headquartered in Copenhagen, Tiimo was developed to cater specifically to those with cognitive differences such as ADHD,…
Moniti, a dynamic startup from Poland specializing in deskless team management solutions, has successfully raised $450,000 (1.8 million PLN) in funding to bolster its innovative app development. Catering to industries where over 80% of the global workforce operates without a desk, Moniti’s platform integrates HR processes, team supervision, task delegation, and personnel logistics into a…
Bioniq, a trailblazer in AI-driven personalized supplements tailored to individual health needs, has successfully closed a $15 million Series B funding round. Led by prominent European VCs HV Capital and Unbound, this funding underscores Bioniq’s commitment to disrupting the one-size-fits-all approach prevalent in the dietary supplements industry. The company, valued at $75 million post-funding, plans…
In a significant move poised to redefine the landscape of quantum computing accessibility, Kipu Quantum GmbH has announced the acquisition of PlanQK, the pioneering German quantum computing platform developed by Anaqor AG. This strategic integration brings together two leaders in the field, aiming to accelerate the development and deployment of industrially relevant quantum solutions worldwide….
In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…
Deskpro, the pioneering provider of advanced help desk solutions, announced the successful closure of a $25 million Series A funding round led by Elsewhere Partners. This strategic investment marks a pivotal moment for Deskpro as it gears up to meet burgeoning demand for its cutting-edge customer service management platforms. The funding infusion is earmarked to…
