Big bucks for brains! New York AI startup Hebbia just landed a cool $130 million in Series B funding, a war chest to revolutionize how businesses find information. Tech titans Andreessen Horowitz and Index Ventures led the round, with heavy hitters like Peter Thiel and Google’s venture arm joining the party. This investment spree signifies…
Cartken, a trailblazing robotics navigation software startup founded in Germany, has announced a significant funding milestone, raising $22.5 million to propel its advancements in autonomous navigation. The latest financing round, including a substantial $10 million injection, underscores Cartken’s commitment to revolutionizing industrial automation and last-mile delivery solutions. Cartken’s cutting-edge technology merges AI and computer vision…
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…
In a significant advancement for the biotechnology sector, Shift Bioscience has successfully raised $16 million (£12.5 million) in Seed funding, spearheaded by BGF and joined by prominent existing investors including F-Prime Capital, Kindred Capital, and Jonathan Milner. This investment is poised to accelerate the development of Shift Bioscience’s innovative artificial intelligence platform aimed at identifying…
Etaily, the Philippines’ digital-native retail platform, has successfully secured a significant strategic investment led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC) through its SMBC Asia Rising fund. The new funding round brings etaily’s total capital raised to over $24 million, earmarking the capital to accelerate its expansion and focus on the burgeoning social commerce landscape…
In a significant stride towards transforming battery technology, London-based magneto-electrochemistry pioneer, Gaussion, has successfully raised €11M in a Series A funding round. The round was led by Autotech Ventures, a prominent San Francisco-based venture capital firm, with continued support from existing backers BGF and the UCL Technology Fund. Managed by AlbionVC in collaboration with UCL…
Moniti, a dynamic startup from Poland specializing in deskless team management solutions, has successfully raised $450,000 (1.8 million PLN) in funding to bolster its innovative app development. Catering to industries where over 80% of the global workforce operates without a desk, Moniti’s platform integrates HR processes, team supervision, task delegation, and personnel logistics into a…
In a significant stride towards revolutionizing treatments for one of the most challenging pediatric brain tumors, TippingPoint Biosciences has announced the successful closure of pre-seed investments. This funding round has garnered support from renowned organizations, including the Pediatric Brain Tumor Foundation, the Sontag Foundation, the Yuvaan Tiwari Foundation, and BrightEdge, the venture capital arm of…
Cambri, the pioneering AI-powered consumer insights platform, has successfully raised €8 million in a new funding round aimed at scaling its operations. This round welcomes new investors including Octopus Ventures and S4S Ventures, co-founded by industry veteran Sir Martin Sorrell. They join existing investors such as OpenOcean, Spintop Ventures, and The 98, which is co-led…
Gendo, a pioneering generative AI platform tailored for architects, has secured $1.1 million in funding and unveiled its innovative technology to the world. Founded by architectural designer George Proud and software engineer Will Jones, Gendo emerges from stealth mode with a mission to transform architectural design processes through AI-driven visualizations. Traditional methods of creating architectural…
