In a monumental stride towards advancing global pharmaceutical logistics, SkyCell, the pioneering Swiss pharmatech firm, has announced securing $116 million in Series D funding. This landmark investment is poised to propel SkyCell’s expansion across the United States and Asia, solidifying its footprint in critical healthcare supply chains worldwide. At the heart of SkyCell’s innovation lies…
Halda Therapeutics, a leading biotechnology firm renowned for its pioneering cancer therapies, has successfully raised $126 million in a Series B extension. This latest funding round saw significant participation from premier investors, including Deep Track Capital, Frazier Life Sciences, RA Capital Management, Vida Ventures, Boxer Capital, and Taiho Ventures. Existing backers such as Canaan Partners,…
In a significant stride towards revolutionizing the treatment of abdominal aortic aneurysms (AAA), Endoron Medical has announced the successful closure of a $10 million Series A funding round. Led by Sofinnova Partners and bolstered by contributions from the European Innovation Council Fund, this funding marks a pivotal moment for Endoron as it accelerates the development…
PhoreMost, the cutting-edge UK biopharmaceutical enterprise specializing in innovative drug development, has successfully closed an impressive £33 million Series B funding round. This latest round, which saw significant oversubscription, underscores the growing confidence in PhoreMost’s pioneering approach to addressing previously untargetable disease mechanisms. Central to PhoreMost’s strategy is their revolutionary SITESEEKER platform. This technology excels…
Nycrypto Labs, a visionary blockchain development hub, has secured $800,000 in pre-seed funding to bolster the launch of Tidus Wallet, a groundbreaking multi-chain, non-custodial platform designed to simplify and secure decentralized finance (DeFi) interactions. Led by DNA Fund and joined by Transform Ventures and notable angel investors, this funding marks a pivotal moment as Nycrypto…
SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…
In a significant development poised to reshape the landscape of warehouse automation, VersaTile Automation has secured £8 million in seed investment from Tharsus Group. Led by a team renowned for pioneering automation solutions across industries, including Rolls Royce and Ocado, VersaTile is set to revolutionize UK warehouses with its innovative modular automation system. VersaTile’s groundbreaking…
TruckSmarter, the innovative digital platform dedicated to optimizing operations for trucking professionals, announced today the successful closing of a $50 million debt facility, led by CoVenture. This funding is set to bolster TruckSmarter’s comprehensive suite of financial services, aimed at empowering truck drivers and owner-operators to streamline operations and expand their businesses. TruckSmarter stands out…
FINBOURNE Technology has secured a significant milestone with a €65 million Series B funding round led by Highland Europe and AVP, underscoring its pivotal role in revolutionizing investment management solutions worldwide. Following on from a successful £15 million Series A round in 2021, this latest infusion of capital will propel FINBOURNE into its next phase…
In a strategic move poised to revolutionize the automotive industry, COMPREDICT, a leader in AI-powered solutions for software-defined vehicles, has announced a significant milestone with a $15 million Series B funding round. This round was led by Woven Capital, Toyota’s growth fund, marking a pivotal moment in COMPREDICT’s journey to redefine vehicle functionality through advanced…
