In a vote of confidence for embedded insurance’s growing role in European fintech, Stockholm-based Eir Insurance has secured €20 million in growth capital. The round was led by Endeit Capital, an Amsterdam-based investment firm focused on scaling European tech ventures, with participation from select family offices and existing shareholders. Eir Insurance operates with a B2B2X…
Steerlab, a Paris-based AI startup, has successfully raised €1.7 million in a pre-seed funding round, positioning itself to revolutionize the sales workflow automation landscape. The investment underscores a robust commitment to developing an advanced AI platform aimed at automating responses to Requests For Proposals (RFPs) and security questionnaires. This platform promises to enhance efficiency for…
Quantiphi, a pioneering AI-first digital engineering firm, has once again secured its position among the elite in financial technology innovation with its fourth consecutive recognition by AIFinTech100. This prestigious accolade acknowledges Quantiphi’s steadfast commitment to revolutionizing the financial services landscape through cutting-edge AI technologies. AIFinTech100, renowned for its meticulous selection process led by industry experts…
In a significant step toward advancing wind energy infrastructure, Vind AI, an AI-powered platform for wind park design, has successfully raised €3 million in a seed round led by Norrsken VC. The funding round also saw participation from the founders of Spacemaker, Arkwright X, and Vind AI employees. This capital infusion comes as wind energy…
NeOnc Technologies Holdings, Inc., a forefront player in clinical-stage biotechnology, has successfully concluded an $18.5 million financing round aimed at advancing its innovative approach to treating brain cancer. This funding milestone includes new equity investment and debt conversions, reflecting a substantial increase in NeOnc’s valuation and reinforcing its commitment to pioneering neurological therapeutics. The financing…
OpenFi, a pioneering London-based conversational AI platform specializing in lead generation and customer nurture, has successfully closed a pre-seed funding round totaling €585k. The investment, spearheaded by Bijan Morvaridi and supported by Fortune Green Capital Ltd and Foundation Ventures Ltd, marks a significant milestone for the company as it accelerates plans for product enhancement and…
In a significant boost for biotechnology innovation, Nuclera has successfully closed a $75 million financing round, aimed at advancing its groundbreaking eProtein Discovery platform. This Series C round was led by Elevage Medical Technologies and saw participation from various prominent investors, including Patient Square Capital, British Patient Capital, Cambridge Innovation Capital, and others. This substantial…
In a pivotal move for inclusive financing, JPalmer Collective (JPC), an asset-based lending firm committed to supporting high-growth, women-led, and natural products companies, has successfully raised $72 million in gross proceeds. This substantial capital infusion is set to enhance JPC’s growth trajectory and facilitate new loans for its carefully selected clientele. The capital raise comprised…
Adaptive, a pioneering financial automation platform dedicated to transforming financial management in the $2 trillion construction industry, announced the successful closure of a $19 million Series A funding round on Monday. This significant investment, led by Emergence Capital and joined by Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram, propels Adaptive towards scaling…
Polystyvert Inc., a pioneering clean technology company specializing in recycling solutions for styrenic plastics, has successfully closed the first tranche of its Series B funding, raising over $16 million. This significant investment, led by European and North American backers including Infinity Recycling, SWEN Blue Ocean, and Earth Foundry, marks a pivotal moment in Polystyvert’s mission…
