THE TIMES MAGAZINE - Page 74 of 109 - Worldwide Industry Insights: Leaders Across Continents

DeepOpinion Secures €11 Million to Revolutionize Disaster Claims Automation

In a significant stride towards enhancing disaster claims processing, Austrian startup DeepOpinion has successfully raised €11 million in a Series A funding round. Specializing in enterprise-level process automation, DeepOpinion harnesses advanced AI technology to tackle the complexities of knowledge-intensive tasks within business operations. Recent natural disasters, particularly floods in Austria, have illuminated the urgent challenges…

Akura Medical Secures $53M Series C to Advance VTE Treatment and Expand Global Presence

Editor2 months ago03 mins

Akura Medical, a portfolio company of Shifamed focused on venous thromboembolism (VTE) care, announced a $53 million first close in Series C financing. Led by Qatar Investment Authority (QIA) with participation from existing investors, the funding will accelerate development of the Katana™ Thrombectomy System and NavIQ™ quantification software, complete enrollment in the QUADRA-PE clinical study,…

Libattion Secures €14M to Propel Upcycled EV Battery Technology

Editor2 years ago14 mins

Swiss-based Libattion has successfully raised €14 million in funding to advance its pioneering efforts in upcycled electric vehicle (EV) battery technology, marking a significant step towards sustainable energy solutions. Founded with a mission to revolutionize industrial energy storage, Libattion specializes in converting discarded EV batteries into high-performance stationary storage units known as “e-Racks.” These innovative…

Sling Money Secures €13.6 Million in Series A Funding to Revolutionize Global Transfers

Editor1 year ago1 year ago06 mins

Sling Money, an innovative fintech company specializing in crypto-enabled money transfers, has successfully completed a €13.6 million ($15 million) Series A funding round. This significant investment was spearheaded by leading venture capital firms Union Square Ventures, Ribbit Capital, and Slow Ventures. The funding will be instrumental in advancing Sling Money’s mission to make international money…

Linker Finance Secures $3.7 Million Seed Round to Revolutionize Digital Banking for Community Banks

Editor1 year ago04 mins

Linker Finance, an innovative platform designed to enhance digital banking experiences for community banks, has successfully closed a $3.7 million seed funding round. The investment round was led by Ten One Ten Ventures and Chingona Ventures, with additional support from Audaz Capital, Techstars, Commerce Ventures, Bank of Brodhead, and Angeles Investors. Angel investors including Edrizio…

Zuub Secures $9M Series A Funding to Revolutionize Dental Revenue Cycle Automation

Editor2 years ago05 mins

Zuub, a trailblazer in dental Revenue Cycle Automation, has marked a significant milestone with the closing of a $9 million Series A funding round. Led by Vertical Venture Partners, with participation from existing investors Bonfire Ventures and MTech Capital, this funding underscores Zuub’s commitment to transforming dental practice operations through advanced artificial intelligence and automation…

ÄIO Secures €6.1M Funding to Pioneer Sustainable Oils from Wood and Agricultural Residues

Editor1 year ago1 year ago06 mins

In a remarkable stride towards sustainability, biotechnology startup ÄIO has successfully raised €6.1 million in funding, backed by a consortium of venture capital firms including Voima Ventures, 2C Ventures, SmartCap, and Nordic Foodtech VC. This significant investment will enable the establishment of a demonstration plant in Estonia, aimed at producing eco-friendly oils and fats derived…

MediWound Secures €16.25 Million in Funding to Accelerate Development of EscharEx® for Diabetic Foot Ulcers

Editor2 years ago03 mins

MediWound Ltd. (Nasdaq: MDWD), a leader in enzymatic therapeutics for tissue repair, has announced a major funding milestone through the European Innovation Council (EIC) Accelerator program. The company has been awarded €16.25 million to propel the clinical development of EscharEx®, a groundbreaking biologic aimed at treating diabetic foot ulcers (DFUs). The EIC’s decision to support…

TwoStep Therapeutics Launches with $6.5 Million to Revolutionize Solid Tumor Treatment

Editor2 years ago05 mins

TwoStep Therapeutics emerges as a beacon of hope in cancer treatment with the announcement of its official launch and the successful closure of a $6.5 million seed funding round led by NFX. Founded by CEO Caitlyn Miller and distinguished Stanford professors Jennifer Cochran, Ronald Levy, and Nobel Laureate Carolyn Bertozzi, TwoStep is set to revolutionize…

Smartville Inc. Secures $10M Grant from DOE OCED to Propel Long-Duration Energy Storage Innovations

Editor2 years ago04 mins

Smartville Inc., a pioneering force in EV battery circularity based in Carlsbad, California, proudly announces its partnership with the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) for a transformative $10 million grant under the Long-Duration Energy Storage (LDES) Demonstrations Program’s Second-Life Smart Systems (SMART) project. This substantial funding marks a pivotal step…

Apriori Bio Receives $1.1M Funding from CEPI to Advance AI Platform for Virus Protection

Knit Secures $9 Million Funding to Revolutionize Consumer Research with AI-Driven Insights

WATTALPS Lands €11M Funding Boost to Propel Lithium-Ion Battery Innovations and Market Expansion

Vsim Secures $21.5 Million in Seed Funding to Revolutionize Physics Simulations

Nebul Secures €20M Investment to Expand Sovereign-Hybrid Cloud Solutions Across Europe

London’s Procure AI bags $13 M to usher procurement into the age of autonomous AI