In a decisive move to globalize its leadership and ambitions, South Korean aesthetics major Hugel Inc. has appointed Carrie Strom, a seasoned US pharmaceutical executive, as its President and Global Chief Executive Officer, effective immediately. This marks the creation of a newly formed global CEO position at Hugel—one that signals a shift from domestic dominance…
In a significant boost to the clean hydrogen sector, Hgen, a pioneering startup focused on decarbonizing heavy industry, has announced the successful closure of a $5 million seed financing round. The investment, led by Seven Seven Six, with notable participation from Founders Fund and Fontinalis Partners, will expedite the commercial deployment of Hgen’s innovative alkaline…
Founded in 2021, Unfabled has swiftly evolved from a niche online startup into one of the UK’s fastest-growing women’s healthcare brands. Spearheaded by Founder and CEO Hannah Samano, the brand announced a $1.7 million (£1.15 million) funding round that pushes its total seed investment to $3.9 million (£3.2 million). Complementing this financial boost, Unfabled’s products…
In a transformative move for the health research sector, the Patient-Centered Outcomes Research Institute (PCORI) has announced a substantial funding commitment of over $165 million. This latest allocation supports a range of new comparative clinical effectiveness research (CER) projects designed to provide invaluable insights into patient care and treatment options. Among the awarded grants, notable…
Lisbon-based gaming distribution platform FRVR has achieved a significant milestone by raising $12.7 million in its latest funding round, pushing its total funding to over $100 million. Founded by industry veterans Chris Benjaminsen and Brian Meidell, FRVR’s mission is to connect global audiences with games they adore while fostering a robust creator economy. Over the…
In a significant boost to the fight against lung cancer, HEPTA Medical, a pioneering medical device company specializing in minimally invasive thermal ablation therapy, has successfully completed a €5.7 million Series A funding round. The investment was led by BPI France and supported by M&L Healthcare and Clery IG. Founded in 2019 by Sofinnova Partners…
Headquartered in Austin, Texas, Avride has secured a transformative strategic commitment of up to $375 million from lead backers Uber Technologies, Inc. and Nebius Group N.V. to accelerate its shift from sidewalk-delivery robots toward fully autonomous ride-hailing services. The agreement builds on an existing multi-year commercial partnership and sets a bold target: launch of Avride’s…
In a significant advancement for the realm of contract management, Formality, a Paris-based platform specializing in intelligent contract management for clients and suppliers, has announced the successful raising of €8 million in its initial funding round. This round was spearheaded by prominent venture capital firms Partech and Serena, alongside an investment of €2.4 million from…
In a resounding affirmation of sustainable innovation, Baltimore-based Cambium has raised $18.5 million in a Series A funding round, announced today, propelling its mission to transform the wood industry into a beacon of environmental stewardship and economic vitality. Spearheaded by VoLo Earth Ventures and joined by a formidable coalition including NEA, Dangerous Ventures, Tunitas Ventures,…
Ramify, a cutting-edge wealth management and financial advisory platform headquartered in Paris, has announced a significant milestone with an €11 million Series A funding round. The round was led by 13books Capital, with key participation from Fidelity International Strategic Ventures and existing investors Newfund, AG2R, Crédit Agricole, and prominent business angels. This infusion of funds…
