Marea Therapeutics has marked a significant milestone with the successful closure of a $190 million combined Series A and B financing, positioning the clinical-stage biotechnology firm to accelerate its pioneering efforts in cardiometabolic disease treatments. Led by Third Rock Ventures and supported by a consortium of leading investors including Sofinnova Investments, Forbion, and Perceptive Xontogeny…
Monument Therapeutics, a leader in precision neuroscience, has announced a significant £1 million equity investment from the Forster Foundation, a charitable organization. This new funding builds on previous equity and non-dilutive investments disclosed in April 2024, and will support the clinical development of MT1988, an innovative treatment targeting cognitive symptoms of schizophrenia. Cognitive impairments associated…
Ibex Medical Analytics, a leader in artificial intelligence (AI) for cancer diagnostics, has reached several key milestones in its mission to advance pathology. The company has reported an impressive 178% increase in new customers and a 157% surge in patient cases processed monthly using its AI solutions. This growth highlights the expanding adoption and trust…
In a significant move towards empowering government employees in their fight against climate change, Apolitical has announced that it has received a generous $2 million grant from the Bezos Earth Fund. This funding will bolster the organization’s ambitious Climate Campus initiative, aimed at equipping public servants with essential skills and knowledge to effectively address climate…
Ceres Imaging, the leading data and analytics provider for the agricultural sector, has rebranded as CeresAI, underscoring its commitment to advanced AI-driven solutions for agribusinesses and financial services. This strategic move highlights CeresAI’s decade-long expertise in computer vision and machine learning, aiming to revolutionize data accuracy and decision-making processes for large-scale farms, insurers, and lenders….
ECD Automotive Design, the premier global name in luxury Land Rover and Jaguar restorations, has announced a significant milestone in its growth journey. The company, recognized for its bespoke luxury vehicles, has secured a notable $2 million in funding from its existing investors. This infusion of capital is set to propel the company’s ambitious expansion…
West Monroe Partners, a prominent global business and technology consulting firm, has named Chuck Kirchner as the new leader of its Chicago office, effective July 1st. Kirchner, currently a Senior Partner in the firm’s Technology & Experience practice, brings over three decades of strategic technology consulting experience to this pivotal role. In his new capacity,…
Cartken, a trailblazing robotics navigation software startup founded in Germany, has announced a significant funding milestone, raising $22.5 million to propel its advancements in autonomous navigation. The latest financing round, including a substantial $10 million injection, underscores Cartken’s commitment to revolutionizing industrial automation and last-mile delivery solutions. Cartken’s cutting-edge technology merges AI and computer vision…
Loci Orthopaedics Ltd, a pioneering orthopaedic medical device company, has successfully concluded a Series A financing round with €12.8 million, oversubscribed and led by prominent investors Seroba, Johnson & Johnson Innovation, JJDC, Inc., and the European Innovation Council (EIC) Fund. This funding marks a significant milestone for Loci Orthopaedics as it accelerates the development and…
Personio, a leading provider of HR management and recruiting solutions based in Munich, has secured $12 million in Series A funding. The investment round was led by European venture capital firm Northzone, with participation from existing investors including Rocket Internet’s Global Founders Capital (GFC) and Picus Capital. This funding injection aims to propel Personio’s Software-as-a-Service…
