In a remarkable display of growth within the sports tech sector, Eyeball.Club has successfully raised €5 million in a Seed funding round led by Vendep Capital, with additional participation from Sportlogiq, Heartland, and Founderment. This latest financial boost arrives just nine months after the company’s pre-seed round, underscoring its rapid ascent in the global football…
In a significant boost for the Nordic startup ecosystem, venture capital firm node.vc has successfully closed a €71 million fund aimed at fostering early-stage entrepreneurial ventures across the region. The firm, composed of seasoned professionals from leading startups and scaleups—including eye-tracking innovator Tobii and video game powerhouse Paradox Interactive—is committed to creating a robust support…
In a significant leap towards modernizing vendor management, Vendorvue has successfully raised €1.4 million in a funding round led by Pitchdrive and Syndicate One, with contributions from notable business angels. This financial boost aims to enhance the company’s AI-driven compliance software, expand its team, and accelerate its growth across Europe. The procurement landscape has evolved…
In a significant strategic maneuver, Dialpad, the pioneering AI-powered communications intelligence platform, has announced its acquisition of Surfboard, a disruptive UK-based workforce management company. This development coincides with Dialpad’s remarkable achievement of reaching $300 million in annual recurring revenue (ARR), underscoring its rapid growth in the competitive tech landscape. Founded in 2021, Surfboard has established…
In a significant step forward for wildfire management technology, OroraTech, a pioneering company utilizing thermal satellites and artificial intelligence, has successfully raised €25 million in a Series B funding round. This investment, spearheaded by Korys and the European Circular Bioeconomy Fund (ECBF), along with support from long-standing investor Bayern Kapital, aims to bolster OroraTech’s expansion…
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 significant boost to cancer research and drug development, MEDiC Life Sciences, a pioneering functional genomics startup based in Silicon Valley, has announced a strategic investment of $5 million from industry giants LG and Hanmi Pharmaceutical. This funding precedes MEDiC’s anticipated Series A funding round later this year and is aimed at accelerating the…
In a significant development for the semiconductor industry, Wolfspeed, the world’s foremost producer of silicon carbide technology, has announced a groundbreaking funding initiative that will provide up to $1.5 billion for its expansion efforts in North Carolina and New York. The U.S. Department of Commerce has proposed $750 million in direct funding under the CHIPS…
Antiverse, a forward-thinking techbio company focused on antibody design for challenging therapeutic targets, has successfully raised an additional £3.5M ($4.6M) in its latest funding round. This investment elevates the total funding to £7.2M ($10.1M) and will significantly bolster Antiverse’s growth initiatives, including the expansion of its research facilities in Boston and Prague. The funding was…
In a significant development for the biopharmaceutical landscape, Tolerance Bio, Inc. has announced the successful closure of its oversubscribed $17.2 million seed financing round. Spearheaded by Columbus Venture Partners, this funding will accelerate the company’s innovative work on thymus preservation, regeneration, and manipulation therapies aimed at treating a range of immune-mediated diseases. Founded by industry…
