In a crowded biotech landscape where antibiotic breakthroughs rarely break through, Peptilogics has secured a commanding $78 million in an oversubscribed Series B2 round to fuel its pivotal trial of zaloganan (PLG0206), a therapeutic candidate aimed at prosthetic joint infections (PJI). The financing was led by Presight Capital, Thiel Bio, and Founders Fund, with fresh capital from…
In a significant move poised to revolutionize restaurant marketing, Boostly has announced the successful completion of a $5.6 million seed funding round. This investment was spearheaded by Trestle Partners and includes contributions from Relish Works, Singularity Capital, and Y Combinator. The funds are set to propel Boostly’s mission of equipping restaurants with cutting-edge tools to…
In a significant advancement for the health tech landscape, Exakt Health, a pioneering startup, has successfully raised €2 million in Seed funding. This funding underscores its commitment to revolutionizing sports physiotherapy with the introduction of the first digital therapy certified as a medical device in Germany. As more amateur runners seek to prevent injuries, the…
Permia Sensing, an innovative agritech startup and spinout from Imperial College London, has successfully secured £150,000 in funding from the British Design Fund. This investment will accelerate the deployment of Permia Sensing’s cutting-edge precision farming technologies, which leverage IoT, AI, sensors, and robotics to transform palm plantation management. Permia Sensing is at the forefront of…
Axiad IDS, Inc., a leader in identity-first security solutions, has successfully raised $25 million in its latest funding round led by Invictus Growth Partners. This new capital, which elevates Axiad’s total funding to $45 million, will accelerate the company’s growth by driving product innovation, expanding its team, enhancing sales and marketing efforts, and advancing towards…
OSS Ventures, a prominent industrial start-up studio based in France, has secured €8.5 million in funding to fuel its mission of revolutionizing global manufacturing practices. Leading the investment round are esteemed entities including Tikehau Capital, Bpifrance’s French Tech Accélération 2 fund, Établissements Peugeot Frères, and notable business angel Max Pog. Since its inception in late…
In a significant boost for climate technology, London-based climate intelligence platform Clearly has successfully concluded a €3.9 million seed funding round. This pivotal investment, spearheaded by Pace Ventures and Nine Realms, also welcomed contributions from existing mobility investors Mobilion, Next Gear, and M1720, alongside distinguished angel investors Lord Nash and Margaux Primat. The newly acquired…
Instructure Holdings, Inc. (NYSE: INST), a leading provider of learning management solutions, announced today the successful completion of its acquisition of Scribbles, a prominent K-12 credentialing and records management company based in Charlotte, North Carolina. This strategic move strengthens Instructure’s foothold in the K-12 space by expanding its credentialing network and bolstering its support for…
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…
In a landmark development for the field of regenerative medicine, Cellino Biotech, Inc. has been awarded up to $25 million in funding from the Advanced Research Projects Agency for Health (ARPA-H), a division within the U.S. Department of Health and Human Services. This grant will significantly advance Cellino’s NEBULA, a cutting-edge biomanufacturing technology designed to…
