In a strategic move aimed at fueling regional growth and innovation, Raft Capital Management has unveiled its latest €50 million investment fund. This initiative by the Vilnius-based venture capital firm is set to empower burgeoning businesses across the Baltic States, while also eyeing opportunities in the Nordic countries and Poland. Raft Capital, known for its…
Seeq Corporation, a pioneering leader in industrial analytics and AI-driven monitoring, has successfully closed a $50 million Series D funding round. The round, spearheaded by global investment firm Sixth Street Growth, boosts Seeq’s total funding to approximately $165 million. Significant participation came from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi…
NeuroTherapia, Inc., a clinical-stage biotech company and Cleveland Clinic Innovations portfolio entity, has successfully completed the first close of its Series B financing with $12.3M raised. The financing round, led by Cleveland Clinic, sees continued support from Brain Trust Accelerator Fund II, Dolby Family Ventures, and the Alzheimer’s Drug Discovery Foundation (ADDF), with new investment…
In a significant move for the financial services sector, challenger credit bureau Infact has successfully raised £4 million in a Seed funding round, buoyed by the recent authorization from the Financial Conduct Authority (FCA). This funding aims to develop a real-time credit bureau tailored for the evolving digital financial landscape. Led by AlbionVC, with contributions…
In a significant stride towards revolutionizing treatments for one of the most challenging pediatric brain tumors, TippingPoint Biosciences has announced the successful closure of pre-seed investments. This funding round has garnered support from renowned organizations, including the Pediatric Brain Tumor Foundation, the Sontag Foundation, the Yuvaan Tiwari Foundation, and BrightEdge, the venture capital arm of…
In a strategic move aimed at consolidating its position in its home market, Turkish food delivery giant Getir has announced a significant $250 million investment led by Abu Dhabi’s Mubadala Investment Co. This funding round underscores Mubadala’s continued confidence in Getir’s core business operations in Turkey. Founded in Istanbul in 2015, Getir has emerged as…
Octagos Health, a trailblazer in AI-driven cardiac device monitoring solutions, has successfully concluded its Series C funding round with an impressive $43 million in investment capital. The round was led by Morgan Stanley Expansion Capital, underscoring confidence in Octagos Health’s transformative technologies aimed at revolutionizing cardiac care through advanced artificial intelligence. Octagos Health specializes in…
A new wave of hope is washing over the oncology field with Myricx Bio’s impressive £90 million ($114 million) Series A funding. This UK biotech company, unlike its peers, isn’t taking an incremental step forward. Instead, they’re wielding a whole new weapon in the fight against cancer: N-Myristoyltransferase inhibitor (NMTi) antibody-drug conjugates (ADCs). The significance…
Better Juice, Ltd., a pioneering foodTech company, has introduced a game-changing innovation aimed at revolutionizing the sorbet and fruit ice cream market. Leveraging their advanced enzymatic technology, Better Juice has successfully reduced the sugar content in fruit sorbets by up to 70%, offering health-conscious consumers a guilt-free option for indulgence. The launch marks a significant…
Wilya, previously known as Gig and Take, has announced a significant milestone with the closure of a $4 million seed funding round led by Ironspring Ventures. This funding underscores Wilya’s innovative approach in revolutionizing HR practices within the manufacturing and supply chain sectors through its advanced SaaS platform. Founder and CEO Rahil Siddiqui expressed excitement…
