Armata Pharmaceuticals Secures $5.25 Million DoD Grant to Advance Groundbreaking Phage Therapy for Staphylococcus aureus Bacteremia

Armata Pharmaceuticals, Inc. (NYSE American: ARMP), a leader in the development of cutting-edge bacteriophage therapies, has been awarded an additional $5.25 million in non-dilutive funding by the U.S. Department of Defense (DoD). This significant grant, facilitated through the Medical Technology Enterprise Consortium (MTEC) and managed by the Naval Medical Research Command (NMRC) and the Joint…

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Scotland’s Trogenix Secures €80M to Power Forward ‘One-and-Done’ Cancer Therapies Targeting Deadliest Tumours

In a bold stride for precision oncology and the Scottish biotech sector, Trogenix, a cutting-edge gene therapy company based in Edinburgh, has closed an €80 million Series A financing round to accelerate clinical development of its pioneering cancer treatments. The funding marks one of the largest early-stage biotech raises in Europe this year, placing the…

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Rob Rebak Named CEO of Mosaic Diagnostics, A Leader in Personalized Healthcare Diagnostics

Mosaic Diagnostics, renowned for its innovative approach in personalized, data-driven healthcare diagnostics, proudly announces the appointment of Rob Rebak as its new Chief Executive Officer. With a distinguished career spanning more than three decades in the healthcare industry, Rebak brings a wealth of experience and a proven track record in driving growth, value, and innovation….

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Protect AI Secures $60 Million in Series B Funding to Strengthen AI and ML Security

Protect AI, a premier provider of security solutions for artificial intelligence (AI) and machine learning (ML) systems, has successfully raised $60 million in its Series B funding round. Evolution Equity Partners spearheaded this financing, with additional backing from 01 Advisors, StepStone Group, Samsung, and continued support from existing investors including Acrew Capital, boldstart ventures, Knollwood…

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Ornn Raises $5.7 Million to Launch the World’s First GPU Compute Futures Exchange

In a move signalling the next evolution of digital‑infrastructure finance, New York‑based Ornn AI Inc. (doing business as the Ornn Compute Exchange) announced it has raised US$5.7 million in a seed funding round to build what it calls “the world’s first compute futures exchange”. The round was led by Crucible Ventures and Vine Ventures, with additional participation from Link Ventures, Box Group and a consortium…

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Arzeda Secures $38 Million in Oversubscribed Funding to Propel Protein Design Innovations

Arzeda, the Protein Design Company™, has successfully closed a $38 million oversubscribed funding round aimed at advancing its groundbreaking protein design technologies. This funding round attracted significant investments from Sofinnova Partners, Fall Line Capital, Sucden Ventures, Silver Blue, and the venture arm of W.L. Gore & Associates, known for their Gore-Tex® innovations. Previous supporters such…

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Headline Closes $865 Million Fund to Empower Growth-Stage Tech Companies

Prominent venture capital firm Headline has successfully raised $865 million for its latest fund, Headline Global Growth IV. This fund focuses on investing in technology companies at pivotal growth stages, specifically from Series B and beyond. With this substantial capital commitment, Headline aims to bolster its support for tech founders and accelerate their journey toward…

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Dr. Arti Masturzo Named President of Healogics Specialty Physicians, Signaling Strategic Advancement in Wound Care Innovation

In a move that underscores its commitment to clinical innovation and value-based care, Healogics, LLC, the nation’s leading provider of advanced wound care and hyperbaric oxygen therapy, has appointed Dr. Arti Masturzo as President of Healogics Specialty Physicians (HSP). The announcement marks a return to the company for Dr. Masturzo, who brings a career spanning…

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Bio-Logical Secures $1.3M to Expand Biochar Operations, Boost Climate Resilience for Kenyan Farmers

Bio-Logical, a pioneering climate tech firm specializing in biochar carbon removal, has successfully raised $1.3 million in funding to amplify its efforts in combating climate change and enhancing the resilience of Kenyan smallholder farmers. This investment marks a significant milestone for the company as it gears up to expand its Mt. Kenya biochar facility, aiming…

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Stema Secures €1.6 Million Funding to Transform STEM Recruitment and Foster Innovation Across Europe

In a groundbreaking move aimed at transforming the recruitment landscape for STEM professionals, Italian startup Stema has announced a successful funding round, raising €1.6 million. This innovative company is developing a B2B platform that shifts the focus from individual job openings to holistic career paths, fostering a vibrant community of talent in the science, technology,…

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