CData Software, a leading provider of data connectivity solutions, has announced a significant milestone in its growth journey with the securing of approximately $350 million in strategic funding. The investment round was led by Warburg Pincus, a prominent global growth investor, with participation from Accel. This infusion of capital is poised to propel CData’s leadership…
Rejuvenate Bio, a pioneering biotechnology firm specializing in gene therapies, announced today the reception of a $4 million grant from the California Institute for Regenerative Medicine (CIRM) to propel the development of its innovative gene therapy, RJB-0402, aimed at treating desmoplakin gene variant arrhythmogenic cardiomyopathy (DSP ACM). Desmoplakin gene variant arrhythmogenic cardiomyopathy (DSP ACM) is…
eAgronom, a pioneering climate tech company based in Tallinn, Estonia, has successfully closed a €10 million Series A2 equity round led by Swedbank. This funding milestone marks a significant leap forward for eAgronom, empowering the company to bolster its sustainable agriculture programs and expand its footprint across key global markets. The announcement was made through…
Kvantify ApS, a trailblazing quantum software start-up based in Copenhagen, has successfully concluded a EUR 10 million seed funding round aimed at unlocking the potential of quantum computing, particularly in the life sciences sector. Led by Danish VC Dreamcraft, alongside biotech investor Lundbeckfonden BioCapital and private investment company 2degrees, this funding infusion underscores Kvantify’s commitment…
Czech venture capital firm Purple Ventures has unveiled a robust €40 million fund dedicated to nurturing early-stage software startups, marking a significant commitment to fostering innovation across diverse technological sectors. Founded by David Kašper, Jakub Nytra, and Filip Řehoř of the Purple group, the fund aims to catalyze the growth of promising ventures poised to…
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…
Milan-based IdentifAI, a pioneering startup focused on identifying and mitigating deepfake content through cutting-edge technology, has announced a successful seed funding round, raising €2.2 million. This significant investment will fuel the company’s mission to develop sophisticated generative models that distinguish between human-created and AI-generated content. The funding round, led by United Ventures, a venture capital…
Nearfield Instruments, a leading developer of cutting-edge Metrology & Inspection (M&I) solutions for the semiconductor manufacturing industry, has successfully concluded a landmark Series-C funding round, securing €135 million. The oversubscribed round is spearheaded by prominent new investors Walden Catalyst and Temasek, alongside participation from M&G Investments and existing backers Innovation Industries, Invest-NL, and ING. The…
Viz.ai, a trailblazer in AI-driven disease detection and intelligent care coordination, has announced a groundbreaking partnership with the Addario Lung Cancer Medical Institute (ALCMI), a leading international consortium of 25 top lung cancer research institutions. This new collaboration aims to revolutionize early lung cancer detection and enhance patient outcomes through advanced clinical workflows and precision…
3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…
