The European space industry has received a momentous boost with the announcement of a substantial €170 million investment fund by Alpine Space Ventures. This venture capital firm, led by industry veterans Bulent Altan and Joram Voelklein, aims to catalyze the next wave of innovation in space technology across Europe. Alpine Space Ventures’ strategic focus is…
Today marks a significant milestone for Inventive as they announce their official launch alongside the successful closure of a $6.5 million seed funding round led by Wing VC. Additional contributions came from Tokyo Black and a distinguished group of angel investors, including former executives from Google and Meta. This funding is earmarked to propel Inventive’s…
In a strategic move aimed at fueling regional growth and innovation, Raft Capital Management has unveiled its latest €50 million investment fund. This initiative by the Vilnius-based venture capital firm is set to empower burgeoning businesses across the Baltic States, while also eyeing opportunities in the Nordic countries and Poland. Raft Capital, known for its…
Loci Orthopaedics Ltd, a pioneering orthopaedic medical device company, has successfully concluded a Series A financing round with €12.8 million, oversubscribed and led by prominent investors Seroba, Johnson & Johnson Innovation, JJDC, Inc., and the European Innovation Council (EIC) Fund. This funding marks a significant milestone for Loci Orthopaedics as it accelerates the development and…
In a significant stride towards enhancing the accessibility of electric vehicle (EV) charging infrastructure across the UK, Manchester-based Be.EV has successfully secured £55 million in debt financing from NatWest and KfW IPEX-Bank. This funding marks a pivotal moment for Be.EV, known as the UK’s fastest-growing EV charging network, which has swiftly expanded from its roots…
Amulet, an innovator in food safety technology, has successfully raised $5.8 million in Series A financing. This round, spearheaded by HealthX Ventures, also saw participation from Incite Ventures, AllerFund, Mendota Venture Capital, Great Oaks Venture Capital, and notable individuals including Pinterest executive Julie Bornstein and investor Diede van Lamoen. The investment will propel Amulet’s mission…
In a groundbreaking move set to redefine the future of satellite connectivity, French spacetech startup Skynopy has announced a significant funding milestone. Securing $3.1 million in a recent investment round, cementing its position as a formidable player in the burgeoning space industry. The funding round saw enthusiastic participation from prominent investors including Heartcore Capital, Kima…
S&P Global Ratings has named Yann Le Pallec, the current Executive Managing Director and Head of Global Ratings Services, as its next President. Effective November 1, 2024, Mr. Le Pallec will assume responsibility for overseeing all facets of the business, encompassing commercial operations, analytical rigor, and operational excellence. He will succeed Martina L. Cheung, who…
Antora Energy, a pioneering force in zero-emissions industrial heat and power solutions, has been awarded up to $14.5 million by the Department of Energy’s ARPA-E program. This funding, facilitated through the SCALEUP initiative, aims to accelerate the deployment of Antora’s innovative combined heat and power thermal battery product. Following earlier support from ARPA-E, this capital…
FOSSA Systems, an innovative leader in space technology based in Madrid, has successfully closed a Series A funding round, raising €6.3 million to advance its pioneering IoT satellite constellation. This funding round was co-led by Indico Capital Partners and Nabtesco Technology Ventures, with additional participation from Newmind Venture and Sabadell Venture Capital. The investment will…
