EVerZom, a pioneering biotechnology firm based in France, has secured €10 million in a Series A funding round to propel the clinical development of its first therapeutic candidate and further scale its exosome biomanufacturing platform. The investment, which brings together major players like Capital Grand Est, the European Innovation Council (EIC) Fund, Sorbonne Venture by…
Ephos, an innovative leader in glass-based photonic chip technology, has successfully secured $8.5 million in a seed funding round aimed at establishing a groundbreaking research and manufacturing facility in Milan. This initiative, supported by NATO’s Defence Innovation Accelerator (DIANA) and the European Union, marks a pivotal moment in the evolution of quantum and light-based computational…
When it comes to AI adoption in law, the stakes are rarely just about speed or automation — they’re about trust. Confidentiality is sacrosanct, and yet the allure of AI-driven productivity looms large. Into this paradox steps Syntracts, a Washington, D.C.-based startup that’s quietly building what it believes is the missing link: a secure, on-premises…
Qblox, a pioneering quantum technology firm renowned for its advanced quantum control stacks, has announced the successful closure of a $26 million Series A funding round. The investment, led by Quantonation and Invest-NL Deep Tech Fund, with participation from QDNL and the European Innovation Council (EIC), marks a significant milestone in Qblox’s journey towards advancing…
Xanadu Quantum Technologies Inc., a Canadian leader in photonic quantum computing, has been selected to participate in the newly launched Canadian Quantum Champions Program (CQCP)—a landmark federal initiative aimed at accelerating the development of fault-tolerant quantum computing and securing Canada’s long-term leadership in the sector. Through the program’s first phase, Xanadu Quantum Technologies Inc. is…
In a significant boost for the cellular agriculture sector, foodtech startup Sallea has announced a successful funding round of $2.6 million, aimed at advancing the production of premium whole cuts of cultivated meat and fish. Founded in November 2023 by an innovative all-female team, Sallea is poised to redefine how cultivated proteins are produced, moving…
3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…
Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…
In a significant win for environmental awareness, Natcap, a pioneering nature intelligence company, has secured $10 million in an oversubscribed Series A funding round. This impressive feat, achieved amidst a challenging global fundraising environment, underscores the growing recognition of nature’s critical role in business strategy. The funding round, led by prominent figures like André Hoffmann…
Ability AI, a trailblazing martech startup based in Ukraine, announced a significant milestone in its journey towards revolutionizing digital marketing with the aid of autonomous AI agents. The company has secured $1.1 million in pre-seed funding to further develop its innovative platform designed to streamline and enhance the efficiency of paid marketing campaigns. Navigating the…
