Swiss battery technology startup BTRY has announced a successful €153,000 investment from Venture Kick to advance its groundbreaking one-minute charging solid-state battery. Founded in 2023 as a spin-off from Empa and ETH Zurich by Dr. Moritz Futscher, Dr. Abdessalem Aribia, and Dr. Yaroslav Romanyuk, BTRY is set to transform the battery industry with its innovative…
Permia Sensing, an innovative agritech startup and spinout from Imperial College London, has successfully secured £150,000 in funding from the British Design Fund. This investment will accelerate the deployment of Permia Sensing’s cutting-edge precision farming technologies, which leverage IoT, AI, sensors, and robotics to transform palm plantation management. Permia Sensing is at the forefront of…
Mundi Ventures has announced the successful closure of a €25 million investment round, led by the Agencia Española de Cooperación Internacional para el Desarrollo (AECID). This substantial funding will be channeled into insurtech startups and related sectors aimed at enhancing and digitalizing the insurance landscape in Latin America. AECID, a key entity within the Spanish…
AusperBio Therapeutics, Inc., a pioneering biotechnology firm focused on targeted oligonucleotide therapies for chronic hepatitis B (CHB), has announced the successful completion of a $37 million Series A financing round. This funding, spearheaded by existing investor InnoPinnacle Fund and bolstered by new investors including Yuanbio Venture Capital, Qiming Venture Partners, Hankang Capital, and Genesis Capital,…
Instinct Digital, an innovative financial technology firm based in London, has successfully closed a €6 million Series A funding round, led by the esteemed venture capital firm AlbionVC. This substantial investment is set to propel Instinct Digital into a new phase of growth, positioning the company as a transformative force in the realm of investor…
Batteries Plus, the leading retailer of batteries for consumers and businesses alike, has been selected for a major grant from the U.S. Department of Energy (DOE) to spearhead a comprehensive national initiative aimed at dramatically increasing battery recycling rates. This exciting announcement marks a significant step forward for Batteries Plus, solidifying their position as a…
Gear up for a revolution in experiential entertainment! F1 Arcade, the ingenious Chicago-based brand bringing Formula 1® to life, has secured a monumental $130 million in growth funding. This impressive round, led by heavyweights like Cheyne Capital, Liberty Media Corporation, Permira Credit, and OakNorth, signifies a resounding vote of confidence in F1 Arcade’s potential to…
A beacon of hope emerged in the fight against cancer this week, as Spotlight Medical, a pioneering French startup, announced securing €6.2 million in seed funding. This significant investment, led by renowned healthcare innovation firms Kurma Partners and Heal Capital, propels the company’s mission to transform cancer treatment through the power of artificial intelligence (AI)….
In a bold move that underscores its commitment to innovation in 3D printing, Formlabs has announced the acquisition of Micronics, a dynamic startup emerging from the heart of Wisconsin. Founded by Henry Chan and Luke Boppart, Micronics has distinguished itself with a groundbreaking approach to Selective Laser Sintering (SLS) technology, traditionally confined to high-cost industrial…
Element Biosciences, a trailblazer in advancing scientific discovery through groundbreaking technologies, has announced a significant milestone in its journey of innovation. The company has successfully raised over $277 million in Series D funding, underscoring its pivotal role in revolutionizing DNA sequencing and multi-omics technologies. This latest round, led by Wellington Management and supported by a…
