Convergen Raises $10M Seed to Advance TrimTAC Platform for Targeted Protein Degradation in Neurodegenerative Diseases – News

Biotech startup Convergen has closed $10 million in Seed funding to accelerate development of its TrimTAC platform, a next-generation targeted protein degradation (TPD) technology designed to selectively clear pathogenic protein aggregates. The round was led by Qiming Venture Partners, a leading global venture capital firm specializing in healthcare and life sciences. Convergen’s proprietary TrimTAC platform…

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Paul Nicholson Joins Amherst as Deputy Chief Investment Officer

The Amherst Group (“Amherst”), a prominent player in residential real estate investments, has appointed Paul Nicholson as its Deputy Chief Investment Officer. Nicholson returns to Amherst from Santander US Capital Markets, bringing extensive experience in mortgage-backed securities (MBS) and risk management. In his new role, Nicholson will collaborate closely with Chairman and CEO Sean Dobson…

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Gaussion Secures €11M to Revolutionize Battery Performance with Cutting-Edge Magnetic Technology

In a significant stride towards transforming battery technology, London-based magneto-electrochemistry pioneer, Gaussion, has successfully raised €11M in a Series A funding round. The round was led by Autotech Ventures, a prominent San Francisco-based venture capital firm, with continued support from existing backers BGF and the UCL Technology Fund. Managed by AlbionVC in collaboration with UCL…

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Nearfield Instruments Raises €135 Million in Series-C Funding to Advance Semiconductor Metrology

Nearfield Instruments, a leading developer of cutting-edge Metrology & Inspection (M&I) solutions for the semiconductor manufacturing industry, has successfully concluded a landmark Series-C funding round, securing €135 million. The oversubscribed round is spearheaded by prominent new investors Walden Catalyst and Temasek, alongside participation from M&G Investments and existing backers Innovation Industries, Invest-NL, and ING. The…

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Knit Secures $9 Million Funding to Revolutionize Consumer Research with AI-Driven Insights

In a significant stride towards transforming consumer research, Knit, the pioneering AI platform, has successfully closed a $9 million funding round. This financial boost, led by Revolution’s Rise of the Rest Seed Fund, marks a pivotal moment for the company as it announces new partnerships with industry giants including T-Mobile, NASCAR, the WNBA, Mars Wrigley,…

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A US$50M Raise Positions Morphocell Technologies at the Center of Regenerative Medicine’s Next Phase

In an industry where clinical timelines stretch a decade and financing cycles can make or break scientific ambition, Morphocell Technologies has pulled off a milestone that places it among Canada’s most serious regenerative-medicine contenders. The Montreal-based biotechnology company has completed its full US$50 million Series A raise, adding a fresh US$10 million extension round led…

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Basis Theory Raises $33M to Break Open the Black Box of Payments and Power the Next Generation of AI-Led Commerce

As merchants begin to view payments less as a fixed cost and more as a programmable growth asset, one startup is arming them with the infrastructure to take back control. San Francisco-based Basis Theory, a developer-first payments infrastructure company, has raised $33 million in Series B funding, positioning itself at the intersection of secure data…

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Rob Rebak Named CEO of Mosaic Diagnostics, A Leader in Personalized Healthcare Diagnostics

Mosaic Diagnostics, renowned for its innovative approach in personalized, data-driven healthcare diagnostics, proudly announces the appointment of Rob Rebak as its new Chief Executive Officer. With a distinguished career spanning more than three decades in the healthcare industry, Rebak brings a wealth of experience and a proven track record in driving growth, value, and innovation….

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Chaos Labs Secures $55 Million Series A Funding to Revolutionize Onchain Risk Management

Chaos Labs, a pioneering force in onchain economic security, has announced a robust $55 million Series A funding round, led by Haun Ventures. This landmark investment, which marks Haun Ventures’ inaugural Series A deal under General Partner Diogo Mónica, promises to significantly enhance the company’s risk management capabilities within the decentralized finance (DeFi) sector. The…

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Berlin’s kolum Secures €2.1 Million to Simplify EU Carbon Pricing Compliance

Berlin, Germany – In a bold move towards revolutionizing how companies navigate the intricate web of carbon pricing regulations, Berlin-based startup kolum has secured €2.1 million in pre-seed funding. This significant investment, led by FoodLabs, aims to bolster kolum’s cutting-edge software solution designed to streamline compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM). Introduced…

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