PolTREG S.A., a pioneering biotechnology firm specializing in cellular therapies for autoimmune disorders, has announced groundbreaking findings from its long-term clinical study on PTG-007, a polyclonal Treg cell therapy for early-onset type-1 diabetes (T1D). Over a span of 7 to 12 years, pediatric patients treated with PTG-007 demonstrated sustained insulin secretion, contrasting starkly with a…
Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…
REMspace, a pioneering neurotechnology firm dedicated to advancing the practice of lucid dreaming, has successfully closed a $1 million seed funding round. The investment, raised from prominent lucid dreaming practitioners and enthusiasts across Europe, positions REMspace to accelerate its mission of making lucid dreaming accessible on a global scale. Led by CEO Michael Raduga, REMspace…
GrayMatter Robotics, a trailblazer in AI-powered robotics solutions for manufacturing challenges, announced today the successful closure of a $45 million Series B funding round. Led by Wellington Management and supported by NGP Capital, Euclidean Capital, and other prominent investors, this funding round propels GrayMatter’s total raised capital to $70.4 million, reinforcing its position as a…
Re-Leased, a forward-thinking property software firm founded in New Zealand, has successfully closed an oversubscribed US$12.5 million funding round. This significant capital influx, led by Movac with participation from Icehouse Ventures and existing investors, is set to fuel the company’s expansion and the enhanced integration of AI within its software suite. The funding will accelerate…
In a pivotal move for inclusive financing, JPalmer Collective (JPC), an asset-based lending firm committed to supporting high-growth, women-led, and natural products companies, has successfully raised $72 million in gross proceeds. This substantial capital infusion is set to enhance JPC’s growth trajectory and facilitate new loans for its carefully selected clientele. The capital raise comprised…
Vsim, a groundbreaking simulation startup co-founded by former Nvidia executives, has successfully raised $21.5 million in a seed funding round. The investment was spearheaded by EQT Ventures and supported by notable participants including Factorial Fund, Samsung Next, Tru Arrow, Xora, a subsidiary of Temasek, IQ Capital, Koro Capital, Concept Ventures, Lakestar Scout Fund, and investor…
In a significant move poised to reshape the life and annuity (L&A) insurance technology landscape, Zinnia, a leading innovator in the sector, has successfully raised $300 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding marks a pivotal moment for Zinnia, enabling it to accelerate its market penetration…
Pomelo Care, a pioneering virtual medical practice dedicated to enhancing maternal and newborn health outcomes, has secured $46 million in Series B financing. Led by existing investors First Round Capital and Andreessen Horowitz (a16z) Bio + Health, this funding round will empower Pomelo to scale its innovative care model nationwide, focusing on reducing maternal morbidity…
In a remarkable display of growth within the sports tech sector, Eyeball.Club has successfully raised €5 million in a Seed funding round led by Vendep Capital, with additional participation from Sportlogiq, Heartland, and Founderment. This latest financial boost arrives just nine months after the company’s pre-seed round, underscoring its rapid ascent in the global football…
