In a striking intersection of biotechnology and artificial intelligence, Valthos Inc. has emerged from stealth with a $30 million seed financing round—led by the OpenAI Startup Fund, Lux Capital and Founders Fund—to build what it calls the “tech stack for biodefense.” Founded by Kathleen McMahon (previously head of Life Sciences at Palantir Technologies) and Tess…
tem., an innovative AI-powered platform facilitating direct transactions between UK businesses and renewable energy generators, has successfully raised £10.5 million in Series A funding. This latest round of investment boosts the company’s total funding to £13 million, positioning it for significant expansion and impact in the renewable energy sector. The core of tem.’s platform is…
BBTruck, a vanguard in supply chain and logistics technology, has successfully completed a pre-Series A funding round, raising an impressive $6.5 million. This latest round, led by prominent investors Oasis Venture, H2U Corp., and StarWorks Entrepreneurial Venture Capital, marks a significant milestone in BBTruck’s journey toward global expansion and technological advancement. With this influx of…
PuriFire Energy, a pioneering force in sustainable fuel technology, has successfully closed a £2.7 million (US$3.5 million) seed funding round. This significant investment was spearheaded by HICO Investment Group, with notable contributions from Bulnes Capital, R&R Investments, and Abhishek Desai. Founded by Dr. Matthew Pearce in 2019, PuriFire Energy focuses on advancing green hydrogen and…
SPhotonix, a rapidly expanding deep-tech startup pioneering next-generation data storage and advanced optics, today announced the successful completion of an oversubscribed $4.5 million pre-seed funding round. The investment is set to power the commercial deployment of its revolutionary 5D optical memory technology, which promises unparalleled data durability and capacity. The initial capital raise for SPhotonix…
Tree.ly, a pioneering carbon offset startup, has successfully raised €5 million in Seed funding to bolster its efforts in developing and managing forest climate protection projects across Europe. This investment underscores Tree.ly’s commitment to combating climate change through innovative, scientifically-backed initiatives that harness the natural potential of local forests. Founded with a vision to bridge…
Kanvas Biosciences, a pioneering spatial biology company, has announced a significant stride in its mission to revolutionize healthcare with microbiome-based therapies. With an additional $12.5 million in funding co-led by DCVC and Lions Capital LLC, and supported by FemHealth Ventures, Germin8, Ki Tua Fund, and Pangaea Ventures, alongside existing investors, the company’s total funding now…
Valneva SE has achieved a historic milestone with Health Canada’s approval of the world’s first chikungunya vaccine. Following its successful launch in the U.S. and pending European authorization, this decision underscores IXCHIQ®’s pivotal role in global healthcare strategy. Chikungunya, a mosquito-borne virus causing severe joint pain and fever, poses a significant public health threat with…
EpilepsyGTx, a pioneering biotechnology firm specializing in advanced gene therapies for focal refractory epilepsy, has announced a successful $10 million seed funding round. The financing, spearheaded by the UCL Technology Fund and bolstered by Health Technology Holding, marks a significant milestone in the company’s journey towards combating this challenging neurological disorder. Led by CEO Nicolas…
Gynger, the pioneering embedded financing platform for technology purchases, has announced a significant milestone with the successful closure of a $20 million Series A funding round. The investment, led by PayPal Ventures and joined by Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital, underscores Gynger’s pivotal role in revolutionizing the landscape of corporate…
