PictorLabs, an innovative software firm at the forefront of AI-driven histopathology, has successfully raised $30 million in its Series B funding round. This round was led by Insight Partners, a global software investment powerhouse, with continued support from M Ventures, the venture capital branch of Merck KGaA, Darmstadt, Germany, which previously led PictorLabs’ Series A…
In a significant development for the AI and logistics sector, Belgian startup Timefold has successfully raised €6 million in funding, spearheaded by investment firm Lakestar and supported by earlier seed investor Smartfin. This infusion of capital aims to accelerate the growth of Timefold’s innovative planning optimization platform, which seeks to streamline scheduling for businesses and…
Neuspera Medical, a company pioneering a discreet and minimally invasive treatment for overactive bladder (OAB), has secured $23 million in Series D financing. This significant investment round, led by Vertex Ventures HC and Treo Ventures, will propel Neuspera’s Neuspera System through U.S. Food and Drug Administration (FDA) premarket approval (PMA) and towards commercialization. OAB, a…
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…
Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…
Antler, a stalwart in supporting European startups, has secured a pivotal €5 million investment from SmartCap Venture Capital Fund into its Nordic Fund II. This move not only highlights SmartCap’s dedication to fostering early-stage innovation but also strengthens Antler’s footprint in Estonia, a burgeoning hub for tech excellence. Over the past half-decade, Antler has backed…
In a significant step towards revolutionizing the aviation fuel industry, AIR COMPANY, a leader in carbon conversion technology, has announced the successful completion of a $69 million Series B funding round. This investment, primarily led by Avfuel, a prominent global supplier of aviation fuel, is set to enhance AIR COMPANY’s capabilities in producing sustainable aviation…
BlueQubit Inc., a California-based pioneer in quantum software, and Quantum Art Ltd., an innovative Israeli quantum hardware developer, have been awarded a prestigious grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation. This grant, valued at $2.2 million over two years, aims to advance the frontier of quantum computing by enhancing quantum machine…
Vytal, a trailblazer in software-enabled reusable packaging solutions, has successfully closed a €6.2 million growth financing round aimed at advancing its mission in promoting sustainability within the packaging industry. The funding was led by Emerald Technology through its Sustainable Packaging Innovation Fund, with participation from Ventis, Kiko Ventures, Grazia Equity, and Rubio, underscoring strong support…
In a stride forward for the fintech industry, Lithuanian startup FreeBnk has secured $3 million in combined equity and token funding to bolster its cutting-edge cryptocurrency investment app. This funding round was led by prominent investors including Founderheads, ChaiTech Ventures, LVT Capital, and Lavender Capital, signifying robust confidence in FreeBnk’s vision and capabilities. Founded with…
