In a significant move poised to transform the world of sustainable materials, PACT has successfully raised £9 million in a Seed funding round. This capital will accelerate the development of their innovative biomaterials, with a special focus on their flagship product, Oval—a versatile material crafted from natural collagen. Located in the heart of Cambridge, PACT…
Kanvas Biosciences, a pioneering spatial biology company, has announced a significant stride in its mission to revolutionize healthcare with microbiome-based therapies. With an additional $12.5 million in funding co-led by DCVC and Lions Capital LLC, and supported by FemHealth Ventures, Germin8, Ki Tua Fund, and Pangaea Ventures, alongside existing investors, the company’s total funding now…
In a significant leap forward for the tech landscape, Platformatic, the innovative Italian startup specializing in cloud-native Node.js application solutions, has successfully raised $4.3 million in its latest seed funding round. This funding will empower the company to enhance its offerings and address the multifaceted challenges associated with backend development in distributed systems. Node.js has…
Saudi Arabia is rewriting the rules of cultural economics. At the recent Cultural Investment Conference in Riyadh, held at the King Fahad Cultural Centre, the Kingdom unveiled a bold vision: transform culture into a viable economic pillar, not just a national identity marker. At the centre of this effort is a newly launched deep-dive report…
Venture capital firm Redalpine has achieved a major milestone with the final closing of its largest-ever fund, Redalpine Capital VII (RAC VII), totaling $200 million. This record-setting fund is poised to drive innovation across Europe, supported by a strategic expansion that includes a new office in London. Founded in Zurich in 2006, Redalpine has nearly…
Viio, a pioneering force in software license management, has secured an impressive €3.3 million in funding to propel its innovative platform to new heights. This funding round, led by North Ventures and backed by prominent industry figures including Christian Kromann and Klaus Holse, marks a significant endorsement of Viio’s mission to streamline software expenditure across…
In a bold move to enhance its market position, Apono, a leader in privileged access solutions for cloud environments, has announced key appointments to its executive team. Dan Parelskin joins as Senior Vice President of Sales, and Stephen Lowing is appointed Vice President of Marketing. These strategic hires come on the heels of Apono’s successful…
In a significant move to bolster its enterprise AI offerings, Squirro, a prominent Swiss SaaS platform, has acquired Synaptica, a leading US-based provider specializing in enterprise taxonomy management and knowledge graph systems. This strategic acquisition aims to integrate Synaptica’s advanced semantic graph technology with Squirro’s cutting-edge generative AI capabilities, paving the way for enhanced knowledge…
In a groundbreaking move set to redefine Dubai’s technological landscape, Polynome Group, a leading UAE-based technology firm, has announced the launch of a visionary $100 million fund dedicated to advancing AI startups. This strategic initiative, unveiled during the prestigious AI Retreat organized by the Dubai Centre for AI Applications in collaboration with the National Programme…
Nomic Bio, a leader in protein profiling, has successfully completed a $42 million Series B funding round that was oversubscribed. This significant capital infusion will propel the company’s efforts to enhance its cutting-edge protein profiling platform and expand its commercial operations, catering to the rising demand in the proteomics field. Led by a prominent U.S.-based…
