Allora Labs, a pioneering force behind the Allora Network, has successfully concluded a strategic funding round, catapulting their total funding to an impressive $35 million. The recent infusion of capital marks a significant milestone as the company prepares for the imminent launch of its mainnet. Founded under the former name Upshot, Allora Labs has been…
Paris‑based foodtech startup Kikleo has closed a €3.5 million funding round led by Newfund, with participation from Bpifrance, existing shareholders, and procedural support from Avelana. The fresh capital will drive Kikleo’s expansion across Europe and into the United States, scale its AI platform, and strengthen its on‑the‑ground support teams for restaurant partners. Since its founding…
Retail-automation startup Duvo.ai has raised $15 million in seed financing to scale its AI-powered operational workforce, a system designed to automate workflows across SAP, legacy portals, email, spreadsheets and even phone calls — cutting manual tasks for retailers by up to 40% within weeks. The investment was led by Index Ventures, with participation from Credo…
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…
Marea Therapeutics has marked a significant milestone with the successful closure of a $190 million combined Series A and B financing, positioning the clinical-stage biotechnology firm to accelerate its pioneering efforts in cardiometabolic disease treatments. Led by Third Rock Ventures and supported by a consortium of leading investors including Sofinnova Investments, Forbion, and Perceptive Xontogeny…
In a bold move to address the pressing access-to-care crisis in the U.S. healthcare system, Counsel Health has announced the successful closure of an $11 million seed funding round. The funding was led by Andreessen Horowitz (a16z) Bio + Health, with additional contributions from Asymmetric Capital Partners, Floodgate Fund, and Pear VC. This financial boost…
In a significant boost for the digital transformation of the real estate sector, syte, a Münster-based startup, has successfully raised approximately €5 million in a seed funding round. This investment, led by firms associated with the Schwarz Group, alongside contributions from Vantage Value, CVC vent.io, and existing investors including High-Tech Gründerfonds, aims to accelerate the…
Syntetica, a trailblazing startup in the field of nylon recycling, has announced a significant milestone with the successful closure of a €4.2 million Seed funding round. Led by EQT Ventures and backed by a consortium of investors including Peugeot and ETAM family offices, Syntetica is poised to redefine sustainability in the textile industry with its…
Wilya, previously known as Gig and Take, has announced a significant milestone with the closure of a $4 million seed funding round led by Ironspring Ventures. This funding underscores Wilya’s innovative approach in revolutionizing HR practices within the manufacturing and supply chain sectors through its advanced SaaS platform. Founder and CEO Rahil Siddiqui expressed excitement…
Varicent, a leading provider of sales performance management (SPM) software, has announced a significant strategic investment aimed at accelerating its innovation in the SPM sector. The funding round, led by Warburg Pincus with participation from Great Hill Partners and Spectrum Equity, underscores Varicent’s pivotal role in transforming how businesses optimize their sales operations. Founded on…
