Monument Therapeutics Secures £1M Investment to Advance Schizophrenia Treatment Program

Monument Therapeutics, a leader in precision neuroscience, has announced a significant £1 million equity investment from the Forster Foundation, a charitable organization. This new funding builds on previous equity and non-dilutive investments disclosed in April 2024, and will support the clinical development of MT1988, an innovative treatment targeting cognitive symptoms of schizophrenia. Cognitive impairments associated…

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Escala Secures $12 Million Investment to Pioneer CRM Solutions for Hispanic SMBs

Escala, the cutting-edge CRM platform designed to enhance client acquisition and retention for Hispanic small and medium-sized businesses (SMBs), has announced the successful completion of a $12 million investment round. Co-led by venture capital firms IGNIA and Alaya Capital, with additional support from High Alpha and other investors, this funding marks a significant milestone for…

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Viacurrent Raises Undisclosed Amount from Rockstart and Angel Investor to Transform Employee Financial Wellness

Tallinn-based Viacurrent, a pioneering app focused on employee financial wellness, has secured a strategic investment from Amsterdam’s Rockstart, a prominent early-stage accelerator and venture capital firm. Joining the investment round is angel investor Kristjan N., though the exact funding amount remains undisclosed. Viacurrent, spearheaded by Hendrik Ojamaa, Arnold Veltmann, and Johannes Ööpik, is revolutionizing employee…

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DataSnipper Elevates AI-Driven Audit Automation with Strategic Acquisition and New Product Launch

In a landmark development poised to reshape the audit and finance sector, DataSnipper, the leading Dutch unicorn, has acquired UpLink, an innovative AI-driven document management platform. Simultaneously, DataSnipper has launched DocuMine, an advanced tool designed to enhance document analysis for auditors. These initiatives come in the wake of a successful $100 million Series B funding…

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UK-based tem. Gains £10.5 Million in Series A Funding for AI-Driven Renewable Energy Platform

tem., an innovative AI-powered platform facilitating direct transactions between UK businesses and renewable energy generators, has successfully raised £10.5 million in Series A funding. This latest round of investment boosts the company’s total funding to £13 million, positioning it for significant expansion and impact in the renewable energy sector. The core of tem.’s platform is…

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Distribusion Secures $80M to Transform Global Ground Transport Accessibility

Berlin-based ground transportation marketplace Distribusion has successfully completed an oversubscribed $80 million Series C funding round, led by TQ Ventures and featuring significant participation from existing investor Lightrock. This new investment will further enhance Distribusion’s mission to revolutionize mass transport accessibility across the globe. Dr. Thomas Doering, CEO of Distribusion, emphasized the urgency of their…

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Revolutionizing Architecture: Gendo Raises $1.1M for Generative AI

Gendo, a pioneering generative AI platform tailored for architects, has secured $1.1 million in funding and unveiled its innovative technology to the world. Founded by architectural designer George Proud and software engineer Will Jones, Gendo emerges from stealth mode with a mission to transform architectural design processes through AI-driven visualizations. Traditional methods of creating architectural…

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Mantle Secures $20 Million in Series C Funding to Propel Innovation in Metal 3D Printing Technology

Mantle, a pioneer in precision metal 3D printing for tooling applications, has achieved a significant milestone with the successful closure of a $20 million Series C funding round. This latest investment, led by Schooner Capital and supported by existing investors including Fine Structure Ventures and Foundation Capital, brings Mantle’s total funding to over $61.5 million….

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Convergence Secures $12M Pre-Seed Funding for Revolutionary Personalized AI Agent

In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…

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