In a significant step forward for wildfire management technology, OroraTech, a pioneering company utilizing thermal satellites and artificial intelligence, has successfully raised €25 million in a Series B funding round. This investment, spearheaded by Korys and the European Circular Bioeconomy Fund (ECBF), along with support from long-standing investor Bayern Kapital, aims to bolster OroraTech’s expansion…
REMspace, a pioneering neurotechnology firm dedicated to advancing the practice of lucid dreaming, has successfully closed a $1 million seed funding round. The investment, raised from prominent lucid dreaming practitioners and enthusiasts across Europe, positions REMspace to accelerate its mission of making lucid dreaming accessible on a global scale. Led by CEO Michael Raduga, REMspace…
Delta Data, a leading provider of software solutions for the global mutual fund and pooled fund industry, has announced significant advancements to its Fee Management solution. These updates empower asset management firms to seamlessly manage intermediary fees across international jurisdictions, reinforcing Delta Data’s commitment to enhancing operational efficiency and global market accessibility. The enhanced functionality…
QpiAI, a leading enterprise in the realm of quantum computing and generative AI, has successfully closed its first external financing round amounting to $6.5 million. This investment, led by Yournest and SIDBI Venture Capital, marks a significant milestone for the company as it accelerates the development of cutting-edge products and platforms in quantum computing and…
doinstruct, a pioneering platform dedicated to digital skills training for frontline workers, has announced a significant funding milestone with €7.6 million raised from Creandum to accelerate its growth strategy. With 80% of the global workforce comprising frontline workers in critical sectors such as food processing, logistics, hospitality, retail, and manufacturing, doinstruct aims to fill a…
In a remarkable development for climate technology, Nottingham-based Promethean Particles has successfully secured £8 million (approximately €9.31 million) in a new round of funding. This significant investment was led by Mercia Ventures and Aramco Ventures, with notable contributions from existing investors such as the Midlands Engine Investment Fund I, managed by Foresight, the University of…
In a bold move set to redefine customer relationship management, Day.ai emerges with a $4 million seed round led by Sequoia, signaling a new era for AI-powered business solutions. Founded by Christopher O’Donnell, former chief product officer at HubSpot, and Michael Pici, a seasoned VP of sales and product, Day.ai aims to disrupt the CRM…
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…
Myolex, Inc., a pioneering company in muscle health assessment technology, has been awarded a grant of up to $2.2 million from the National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS) of the National Institutes of Health (NIH). This Direct-to-Phase 2 Small Business Innovation Research (SBIR) grant will advance Myolex’s electrical impedance myography (EIM)…
In a landmark moment for Scotland’s burgeoning biotech scene, uFraction8, a trailblazing engineering firm based in Falkirk, has clinched a £3.4 million investment to propel its cutting-edge microfiltration technology onto the global stage. The funding round, spearheaded by the visionary Foresight Group, marks a resounding vote of confidence in uFraction8‘s mission to revolutionize bioprocessing with…
