January 8, 2025
Headlines

eGenesis Secures $191 Million in Series D Funding to Propel Kidney Transplant Innovation

Editor05 mins

eGenesis, a trailblazer in biotechnology with a focus on developing human-compatible engineered organs, has announced the successful completion of a $191 million Series D financing round. This substantial investment will propel the advancement of eGenesis’s lead product candidate, EGEN-2784, through its first-in-human clinical trials for kidney transplants. Additionally, the funds will facilitate the expansion of…

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Citroniq Chemicals Secures $12 Million in Series A Funding to Advance Carbon-Negative Technology

Editor05 mins

Citroniq Chemicals LLC, a pioneer in producing carbon-negative materials, has successfully closed a $12 million Series A financing round. The funding was spearheaded by a major multinational energy technology firm renowned for providing large rotating equipment across the oil & gas, energy, and industrial sectors globally. Additional backing came from Lummus Technology Ventures and a…

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Wolfspeed Secures $1.5 Billion in Funding to Propel Silicon Carbide Manufacturing in the U.S.

Editor06 mins

In a significant development for the semiconductor industry, Wolfspeed, the world’s foremost producer of silicon carbide technology, has announced a groundbreaking funding initiative that will provide up to $1.5 billion for its expansion efforts in North Carolina and New York. The U.S. Department of Commerce has proposed $750 million in direct funding under the CHIPS…

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Altrove Secures €3.7M to Pioneer Sustainable Alternatives to Rare Earth Materials

Editor04 mins

Altrove, a cutting-edge deeptech startup founded in early 2024, has successfully raised €3.7 million in a Pre-Seed funding round led by Contrarian Ventures, emblematic of a growing global interest in sustainable technology solutions. This funding marks a pivotal moment for Altrove as it accelerates the development of alternatives to critical rare earth elements (REEs), essential…

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Transforming Event Experiences: EventCHI Secures €1.6M+ for AI and Blockchain Integration

Editor04 mins

In a bold move to redefine the landscape of global events, Rotterdam’s own EventCHI has successfully closed a substantial seed funding round, amassing over €1.6 million. This significant investment marks a pivotal moment for the innovative startup, poised to revolutionize event experiences through the seamless integration of artificial intelligence and blockchain technologies. Founded by visionaries…

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Otamiser Raises $3M to Revolutionize Hotel Booking with Advanced Ranking Software

Editor05 mins

Belgium-based Otamiser has secured $3 million in funding to propel its innovative software aimed at optimizing hotel positioning on leading travel platforms such as Booking.com, Expedia, and Airbnb. This funding round, led by Pitchdrive VC alongside a consortium of strategic investors, marks a significant milestone for Otamiser as it expands its capabilities to enhance visibility…

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Captions Captures $60 Million to Democratize Video Creation with AI

Editor05 mins

Captions, the AI-powered video creation and editing leader, has secured a monumental $60 million Series C funding round, bringing its total capital raised to a staggering $100 million. This investment values the company at a cool $500 million. Index Ventures spearheaded the round, reaffirming Captions’ revolutionary impact on the video creation landscape. Returning investors Kleiner…

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Sift founders Austin Spiegel and Karthik Gollapudi

Sift Secures $17.5 Million to Revolutionize Machine Innovation

Editor08 mins

Sift, a trailblazer in hardware sensor data observability, has announced a significant milestone with the closure of a $17.5 million Series A funding round led by GV (Google Ventures). This latest injection of capital propels Sift’s total funding to $25 million, marking a pivotal moment in their journey to redefine how engineers harness machine data…

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PatientPartner Secures $7M in Seed Funding to Transform Patient Engagement

Editor04 mins

PatientPartner, an innovative health-tech startup dedicated to advancing patient engagement, has successfully raised $7 million in its latest Seed Round of funding. This significant investment, spearheaded by LionBird and FCA Venture Partners, includes $3.5 million in new capital and $3.5 million in convertible debt from Alethea Capital and additional strategic investors. Founded by Forbes Under…

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