In a significant move towards advancing ethical AI practices, trail, a pioneering AI governance startup based in Munich, has successfully secured €1.45 million in a pre-seed funding round. Led by CapitalT, a prominent early-stage investor, the funding round also saw participation from NP-Hard Ventures, Mozilla Ventures, Common Magic, and several business angels. This substantial investment…
Leuven-based Swave Photonics, the pioneering fabless semiconductor spin-out from imec, has clinched an extra €6 million in follow-on funding to its January 2025 Series A round. The injection was led by existing investor IAG Capital Partners and features a high-profile participation from Samsung Ventures. “This follow-on investment demonstrates that there is tremendous excitement for the emerging Spatial + AI Computing era,” said Mike Noonen, CEO of Swave Photonics, underlining…
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…
In a significant milestone for the fitness industry, Reform RX has successfully raised $5.1 million in funding, spearheaded by Clarendon Fund Managers, the equity fund manager for the Investment Fund for Northern Ireland. This investment is set to propel the company’s global expansion and further enhance its groundbreaking technology designed to offer unparalleled personalization in…
In a significant development for small and medium-sized businesses (SMBs), Apron has successfully raised $30 million in a Series B funding round aimed at transforming the payment landscape for SMBs. This latest investment, coming just a year after their $15 million Series A, underscores the rapid growth and innovation that Apron is bringing to the…
In a significant advancement for ophthalmic medicine, RevOpsis Therapeutics, a pioneering biopharmaceutical firm, has been awarded a Small Business Innovation Research (SBIR) grant exceeding $1.8 million from the National Eye Institute (NEI), part of the National Institutes of Health (NIH). This funding will bolster the development of their lead asset, RO-104, aimed at treating neovascular…
Good news for anyone experiencing those pesky eye floaters! PulseMedica, a rising star in the life sciences field, has secured $12 million CAD in funding to revolutionize how we diagnose and treat these vision disruptions. This investment fuels the development of their innovative platform, offering a beacon of hope for millions who struggle with these…
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…
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,…
Impulse Space has been selected by SpaceWERX, under the sponsorship of the U.S. Space Force’s Space Systems Command, for a Strategic Funding Increase (STRATFI) award valued at $60 million. This funding will significantly advance the development of Impulse Space’s Helios, a high-performance kick stage designed to enhance geosynchronous equatorial orbit (GEO) capabilities. The Helios stage,…
