In a significant move for the energy safety sector, Safire Technology Group, Inc. has announced the successful completion of an $8 million financing round led by Canaan Partners, marking a pivotal step in the company’s mission to enhance the safety of lithium-ion (Li-ion) batteries across government and automotive markets. This Pre-Series A financing round, which…
In a bold stride for precision oncology and the Scottish biotech sector, Trogenix, a cutting-edge gene therapy company based in Edinburgh, has closed an €80 million Series A financing round to accelerate clinical development of its pioneering cancer treatments. The funding marks one of the largest early-stage biotech raises in Europe this year, placing the…
After.com, a trailblazing online platform revolutionizing end-of-life services, announced today the successful closure of its Series A funding round, raising $10 million. The investment was spearheaded by HIPstr, the early-stage investment arm of HighPost Capital, LLC, underscoring a significant endorsement of After.com’s pioneering approach in the death care industry. Founded in 2020, After.com has swiftly…
Clasp, formerly known as Stride Funding, has announced the successful closure of an oversubscribed venture funding round, securing over $10 million. The round was led by Crosslink Capital, a prominent venture firm with a $4.6 billion portfolio, pushing Clasp’s total funding to more than $30 million. New strategic investors include the Society for Human Resource…
PayPal Ventures, the global venture capital arm of PayPal, has announced a significant additional investment in Chaos Labs, an emerging leader in onchain risk management. This move not only highlights PayPal’s faith in Chaos Labs’ innovative blockchain solutions but also underscores the growing importance of risk management in the rapidly evolving crypto landscape. Chaos Labs…
In a significant boost for cybersecurity, MELIUS Cyber, a Newcastle-based innovator, has successfully raised £500,000 from the North East Venture Fund (NEVF), bolstered by the European Regional Development Fund and managed by Mercia. This funding aims to enhance their cutting-edge platform, CyberSafe, designed specifically for small and medium-sized enterprises (SMEs) to swiftly identify cyber risks….
BlueQubit Inc., a California-based pioneer in quantum software, and Quantum Art Ltd., an innovative Israeli quantum hardware developer, have been awarded a prestigious grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation. This grant, valued at $2.2 million over two years, aims to advance the frontier of quantum computing by enhancing quantum machine…
In a remarkable move for the venture capital community, Swell VC has successfully closed its second fund with commitments reaching $11.5 million. This achievement highlights the firm’s distinctive approach and the growing trust of its investors, which include seasoned founders, family offices across various sectors, and executives from Fortune 500 companies. Amid a backdrop of…
In a bold move that underscores its commitment to innovation in 3D printing, Formlabs has announced the acquisition of Micronics, a dynamic startup emerging from the heart of Wisconsin. Founded by Henry Chan and Luke Boppart, Micronics has distinguished itself with a groundbreaking approach to Selective Laser Sintering (SLS) technology, traditionally confined to high-cost industrial…
In a significant boost for the clean energy sector, WATTALPS, a pioneering French lithium-ion battery startup, has successfully closed a Series A funding round, securing €11 million. This strategic investment, announced on August 27, 2024, positions WATTALPS to substantially advance its technology and expand its market reach. The funding round saw participation from a distinguished…
