Axiad IDS, Inc., a leader in identity-first security solutions, has successfully raised $25 million in its latest funding round led by Invictus Growth Partners. This new capital, which elevates Axiad’s total funding to $45 million, will accelerate the company’s growth by driving product innovation, expanding its team, enhancing sales and marketing efforts, and advancing towards…
In a remarkable advancement for sustainable biopharmaceuticals, Belgian company Bio-Sourcing has successfully secured €12.5 million from the European Innovation Council (EIC) Accelerator. This funding comprises €2.5 million in grants and €10 million in equity, aimed at enhancing the company’s innovative BioMilk platform, which is poised to redefine the production of biotherapeutics, particularly monoclonal antibodies. The…
Copenhagen-based fintech startup Dealflow has secured an additional €500,000 in funding, extending its pre-seed round to €1.1 million, aimed at advancing its vision of a cutting-edge “invoicing OS” tailored for small and medium-sized businesses (SMBs) across the EU. This latest investment round, backed by a consortium of international investors including unicorn founders and seasoned venture…
MarketSizer, the cutting-edge Irish market intelligence platform, has announced a significant achievement with the successful closure of a €1 million Pre-Seed funding round. This milestone funding effort was led by esteemed venture capital firm Delta Partners, complemented by strategic backing from Enterprise Ireland and a consortium of angel investors. Founded in 2023 by tech industry…
Leya, a pioneering force in AI-driven legal technology, has successfully concluded its Series A funding round with a significant $25 million investment. The round was spearheaded by Redpoint Ventures, accompanied by strong support from existing investors Benchmark, Y Combinator, and Wayfinder Ventures, alongside new addition Alt Capital. Founded on the fundamental belief that legal professionals…
In a significant leap forward for AI-driven industrial technology, UptimeAI has successfully closed a $14 million Series A funding round, spearheaded by WestBridge Capital with key contributions from Emergent Ventures and Aditya Birla Ventures. This latest infusion of capital marks a pivotal moment for UptimeAI, propelling its ambitious expansion across North America and solidifying its…
QED Protocol, a pioneering force in the realm of Web3 development leveraging Bitcoin’s capabilities, has announced a successful $6 million funding round led by Blockchain Capital. This investment is set to propel QED’s groundbreaking technology, which promises to redefine the landscape of smart contracts, layer-two solutions, and various Web3 applications. QED Protocol stands at the…
LegalFly, the Belgian Legal AI platform founded by former Tinder product experts Ruben Miessen, Kasper Verbeeck, Dennis Montégnies, and Gregory Vekemans, has successfully raised over €15 million in Series A funding. The round was led by Notion Capital, with significant participation from Redalpine and Fortino Capital. Founded in 2023, LegalFly provides cutting-edge AI solutions designed…
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 pivotal stride towards advancing climate resilience and infrastructure management, Berlin-based LiveEO has successfully secured €25 million in funding. This financial boost underscores their commitment to harnessing AI-powered satellite data for critical environmental insights. LiveEO specializes in harnessing high-resolution satellite imagery and cutting-edge algorithms to deliver precise and actionable information. Their technology aids infrastructure…
