October 7, 2024
Headlines

Doccla Secures £35M to Expand Virtual Hospital and Remote Patient Monitoring Services Across Europe

Editor05 mins

Doccla, a leader in virtual hospital and remote patient monitoring services, has announced a major financial boost with a Series B funding round totaling £35 million. This substantial investment will facilitate the company’s strategic expansion into European markets. Led by Lakestar, with contributions from Elaia and existing investors General Catalyst, Bertelsmann Investments, and Speedinvest, the…

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Paris-Based VC Wind Secures First €90 Million to Empower Startups in a Climate-Challenged World

Editor04 mins

Wind, an innovative European venture capital firm founded by seasoned entrepreneurs Thierry Vandewalle and Xavier Gury, has unveiled a groundbreaking €130 million Article 9 fund. Surpassing initial expectations with a robust €90 million at its first closing, this fund is poised to catalyze the growth of pioneering sustainable Deeptech startups at the Seed/Series A stage….

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RedStone Secures $15 Million in Series A Funding to Propel Blockchain Innovation

Editor06 mins

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…

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NeuroTherapia Gains $12.3M in Series B Funding to Advance Breakthrough Alzheimer’s Treatment

Editor03 mins

NeuroTherapia, Inc., a clinical-stage biotech company and Cleveland Clinic Innovations portfolio entity, has successfully completed the first close of its Series B financing with $12.3M raised. The financing round, led by Cleveland Clinic, sees continued support from Brain Trust Accelerator Fund II, Dolby Family Ventures, and the Alzheimer’s Drug Discovery Foundation (ADDF), with new investment…

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Cellino Secures $25 Million Grant from ARPA-H to Revolutionize Biomanufacturing for Personalized Regenerative Medicine

Editor05 mins

In a landmark development for the field of regenerative medicine, Cellino Biotech, Inc. has been awarded up to $25 million in funding from the Advanced Research Projects Agency for Health (ARPA-H), a division within the U.S. Department of Health and Human Services. This grant will significantly advance Cellino’s NEBULA, a cutting-edge biomanufacturing technology designed to…

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Axelera AI Secures $68 Million Series B Funding to Drive Next-Generation AI Solutions

Editor04 mins

Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…

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Egyptian Fintech Startup Bokra Poised for MENA Expansion with Innovative Wealth Management Platform

Editor03 mins

Egyptian fintech startup Bokra is set to redefine wealth management in the MENA region with a pioneering platform offering goal-based investment and saving products backed by asset-backed securities. Founded on principles of inclusivity, transparency, and social responsibility, Bokra aims to empower individuals and SMEs by democratizing access to sophisticated financial tools. Scheduled for launch in…

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Feon Energy Secures $6.1M Seed Round to Drive Breakthroughs in Advanced Battery Technology

Editor04 mins

Feon Energy, a pioneering startup specializing in advanced battery electrolytes, has announced the successful closure of a $6.1 million seed funding round aimed at advancing next-generation battery innovations. Led by Fine Structure Ventures and joined by prominent investors including Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund, this funding will fuel Feon’s efforts…

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Ciphix Expands European Leadership with Acquisition of Bizzomate

Editor04 mins

Ciphix, a Rotterdam-based hyperautomation specialist, has solidified its position as a key player in Europe’s tech landscape with the acquisition of Bizzomate, a leading provider of low-code software solutions based in Limburg. This strategic move underscores Ciphix’s ambition to lead the hyperautomation sector across the continent. Koen Mallee, CEO of Ciphix, highlighted the significance of…

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DreamBig Raises $75M in Series B Funding to Expand AI and Data Center Solutions

Editor05 mins

DreamBig Semiconductor Inc., a trailblazer in high-performance accelerator platforms, announced today the successful closure of a $75 million Series B funding round. Co-led by the Samsung Catalyst Fund and the Sutardja Family, this investment is set to propel the company’s innovative Chiplet Hub™ technology and platform chiplets into new frontiers of AI inference and training….

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