In a significant move to bolster Africa’s burgeoning tech landscape, Paris-based venture capital firm Breega has announced the first close of its $75 million “Africa Seed I” fund. This fund marks Breega’s foray outside Europe, reflecting its commitment to harnessing the continent’s immense entrepreneurial potential. Over the years, Africa has witnessed a remarkable evolution in…
Bioniq, a trailblazer in AI-driven personalized supplements tailored to individual health needs, has successfully closed a $15 million Series B funding round. Led by prominent European VCs HV Capital and Unbound, this funding underscores Bioniq’s commitment to disrupting the one-size-fits-all approach prevalent in the dietary supplements industry. The company, valued at $75 million post-funding, plans…
Nium, a global leader in real-time cross-border payments, has secured a spot on CNBC’s esteemed ‘World’s Top Fintech Companies 2024’ list. This accolade celebrates Nium’s pivotal role in revolutionizing global financial transactions, underlined by a year of exceptional growth marked by new global licenses, significant funding, and a burgeoning client base. The global landscape of…
Berlin-based family fintech app Bling has achieved a significant milestone by closing a $12 million Series A equity funding round. Launched in 2021, Bling has swiftly emerged as a leader in providing comprehensive digital solutions that cater to the financial and media literacy needs of families. The app integrates pocket money management, mobile tariffs, and…
iVerify, a pioneer in advanced mobile Endpoint Detection and Response (EDR) solutions, has announced the successful closure of $12 million in Series A funding, underscoring its commitment to transforming mobile security landscapes worldwide. Shine Capital led the investment round, with additional participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and…
In a significant leap forward for orthopedic advancements, ABANZA, a frontrunner in innovative soft tissue repair solutions, proudly announces the successful closure of its Pre-Series A funding round, amassing $5 million. This pivotal financial injection was spearheaded by a Family Office with a robust portfolio in medical device investments, complemented by contributions from private investors…
Steerlab, a Paris-based AI startup, has successfully raised €1.7 million in a pre-seed funding round, positioning itself to revolutionize the sales workflow automation landscape. The investment underscores a robust commitment to developing an advanced AI platform aimed at automating responses to Requests For Proposals (RFPs) and security questionnaires. This platform promises to enhance efficiency for…
Alvys, a next-generation logistics platform aiming to revolutionize supply chain management, has secured $20.5 million in a Series A funding round. This investment, led by Titanium Ventures with participation from Picus Capital and existing investors RTP and Bonfire, fuels Alvys’ mission to become the go-to platform for logistics and supply chain operations. The funding windfall…
Varsity Brands, a leader in sport and spirit experiences, proudly welcomes Lisa Olivieri as its inaugural Chief Security Officer (CSO). With a distinguished career spanning roles such as Global Head of Safety and Security at Wayfair and leadership in the United States Secret Service, Lisa Olivieri brings over two decades of expertise in law enforcement…
The European Investment Bank (EIB) has announced a significant €20 million venture-debt financing deal with German medtech innovator Protembis. This funding is set to propel the development of Protembis’ cutting-edge ProtEmbo Cerebral Embolic Protection system, designed to safeguard patients’ brains during catheter-based heart procedures. Protembis, known for its trailblazing approach to medical technology, will utilize…
