In a strategic move aimed at fueling regional growth and innovation, Raft Capital Management has unveiled its latest €50 million investment fund. This initiative by the Vilnius-based venture capital firm is set to empower burgeoning businesses across the Baltic States, while also eyeing opportunities in the Nordic countries and Poland. Raft Capital, known for its…
In a significant leap forward for database innovation, SurrealDB has secured a substantial $20 million investment led by FirstMark and Georgian, with additional support from Crew Capital and Alumni Ventures. This latest funding round, building upon their initial $6 million seed investment, marks a pivotal moment for SurrealDB as it continues to disrupt the database…
Sonoma Biotherapeutics, Inc., a leading clinical-stage biotechnology firm specializing in engineered regulatory T cell (Treg) therapies, has achieved a significant milestone with a $45 million payment from Regeneron Pharmaceuticals, Inc. This milestone underscores the fruitful partnership between the two companies in developing advanced treatments for autoimmune diseases. The payment marks a pivotal point in Sonoma…
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…
In a significant leap forward for workplace optimization, Pangeam has introduced its pioneering enterprise B2B SaaS platform, setting a new benchmark in how office environments are analyzed and improved. This innovative platform leverages anonymous AI sensing and deep-learning technologies to address a critical gap in workplace data, aiming to enhance both productivity and employee well-being….
Stockholm-based Steep has secured €4 million in a seed funding round to advance its innovative business intelligence solutions, aiming to democratize data accessibility across organizations globally. Connect Ventures led the investment, joined by Inventure and Alliance VC, with additional support from Antler and Greens. This capital infusion will propel Steep’s product development efforts and bolster…
iLearningEngines, a pioneering force in AI-powered learning and work automation, has announced a significant milestone in its growth journey with the securing of an additional $20 million in funding. This funding comes through an amendment to its existing Loan and Security Agreement, enhancing its financial capacity to execute expansive growth initiatives. The amendment, entered into…
Cents, a trailblazer in business management solutions for the garment care industry, has announced the closing of a $40 million Series B funding round. This new financing brings the company’s total funding to over $77 million. The round was led by Camber Creek, with substantial participation from existing investors Bessemer Venture Partners and Tiger Global,…
Swiss-based Libattion has successfully raised €14 million in funding to advance its pioneering efforts in upcycled electric vehicle (EV) battery technology, marking a significant step towards sustainable energy solutions. Founded with a mission to revolutionize industrial energy storage, Libattion specializes in converting discarded EV batteries into high-performance stationary storage units known as “e-Racks.” These innovative…
Raad Labs, a trailblazer in blockchain-driven climate technology, has announced a successful $2.25 million Seed funding round led by CoinFund, with participation from Tribe, EV3, and Protagonist. The company, incubated at Montauk Climate, aims to revolutionize climate data collection through its innovative Decentralized Physical Infrastructure Networks (DePIN) model. Raad Labs will leverage these funds to…
