iOnctura, a pioneering biopharmaceutical company specializing in innovative cancer treatments, has secured EUR 80 million in Series B financing. This milestone funding round, led by Syncona Limited with participation from the European Innovation Council (EIC) Fund and existing investors, underscores iOnctura’s transformative strides in oncology. The investment will accelerate the development of iOnctura’s lead candidate,…
Oxylus Energy, an innovative player in the clean energy sector, has successfully closed a $4.5 million Series Seed funding round. The investment, co-led by Toyota Ventures and Azolla Ventures, with additional support from Earth Foundry and Connecticut Innovations, marks a significant milestone in the company’s mission to advance green methanol technology. Oxylus Energy is pioneering…
Argus, the leading global energy and commodity price reporting agency, has announced the appointment of Maria Hooper to its esteemed board of directors. Maria Hooper brings over 15 years of profound expertise in the energy sector, cultivated through senior leadership roles at ConocoPhillips (COP) and Phillips 66 (P66). Notably, she served as a trusted advisor…
In a transformative move poised to reshape app development dynamics, Polish-founded startup Proofs has secured $2.6 million in a pre-seed funding round led by Earlybird Venture Capital. This strategic investment, which also includes participation from Expeditions Fund, Step Function Ventures, RTP Global, and esteemed angel investors, underscores Proofs’ pivotal role in accelerating innovation at the…
Switzerland-based blockchain startup RedStone, originally founded in Poland, has successfully closed a $15 million Series A funding round led by Arrington Capital. This significant investment marks a pivotal moment for the company, known for its pioneering work in multichain databases and blockchain oracles. Founded in 2021 by Jakub Wojciechowski and Marcin Kazmierczak, RedStone has quickly…
Sungrow Power Supply Co., Ltd., a global leader in PV inverters and energy storage systems (ESS), has unveiled its latest innovations at Intersolar Europe 2024, showcasing the EMS3000 energy management system and iSolarBPS battery pre-diagnosis system. These advancements have captivated industry experts and attendees alike with their potential to revolutionize the renewable energy sector. The…
Collo, a Tampere-based innovator specializing in IoT analyzers for industrial liquid processes, has successfully raised €5 million in growth funding. This investment round was co-led by SEB Greentech Venture Capital of Sweden and Dutch deep tech investor FORWARD.one, with participation from existing investor Scale Capital. Collo’s cutting-edge analyzer offers a transformative approach to managing liquid…
New Frontier Funding, a trailblazer in utilizing generative AI to facilitate credit and debt funding for small and medium-sized businesses (SMBs), has successfully closed a significant round of growth capital from the Homsher Family Office. The investment underscores the transformative potential of artificial intelligence in addressing the systemic challenge of capital access for businesses. Currently,…
Brightspeed, a leading fiber broadband provider committed to enhancing connectivity across the nation, has announced a significant boost in its efforts to bridge the digital divide in North Carolina. The company has secured $22.5 million in funding from the N.C. Department of Information Technology’s Division of Broadband and Digital Equity’s Completing Access to Broadband (CAB)…
Fleet, an emerging leader in modern commuter benefits management, has successfully closed a $2.5 million seed funding round led by Congruent Ventures. This funding round also saw contributions from Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures, along with a notable lineup of angel investors, including former executives from Robinhood…
