In a significant move poised to reshape the freelance landscape, French HRtech startup Jump has successfully raised €11 million in Series A funding. This infusion of capital will enable Jump to enhance its offerings and extend its services across Europe, catering to the burgeoning freelance market. With over 4 million freelancers in France alone, the…
HubiFi, a cutting-edge solution in financial intelligence and revenue recognition, has successfully completed its seed funding round with $2.5 million secured. This investment, co-led by Motivate Ventures, Anthemis (with support from Foxe Capital), and Rev1, marks a pivotal step in advancing HubiFi’s mission to revolutionize revenue management for high-transaction businesses. HubiFi, launched in 2023, addresses…
FREYR Battery (NYSE: FREY), a leading developer in clean, next-generation battery cell production, has reached a significant milestone in its operations with the successful completion of its first production trial at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. This accomplishment marks FREYR as the first company to achieve automated production trials on…
A shining star in the constellation of clean energy solutions, Marathon Fusion, has secured $5.9 million in seed funding to revolutionize fusion fuel processing. This round, led by 1517 Fund and Anglo American, with participation from prominent names like Übermorgen Ventures and Malcolm Handley, propels Marathon Fusion further along its mission of making fusion energy…
In a major boost to healthcare innovation, SymBiosis and HealthTech Arkansas have announced the launch of the biophyle Trial Accelerator, a pioneering initiative aimed at bridging the gap between cutting-edge clinical-stage biotherapeutics and Arkansas’ healthcare ecosystem. This strategic program is designed to catalyze the commercialization of novel treatments by connecting biotherapeutic innovations with clinical trial…
Char.gy, a leader in UK electric vehicle (EV) infrastructure, secures €118.2 million investment to accelerate nationwide expansion of its on-street charging network. The funding, from the Charging Infrastructure Investment Fund (CIIF) managed by Zouk Capital, aims to meet the growing demand for accessible EV charging solutions, particularly for households without off-street parking. Founded in 2016,…
In a significant move to bolster Africa’s burgeoning tech landscape, Paris-based venture capital firm Breega has announced the first close of its $75 million “Africa Seed I” fund. This fund marks Breega’s foray outside Europe, reflecting its commitment to harnessing the continent’s immense entrepreneurial potential. Over the years, Africa has witnessed a remarkable evolution in…
Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…
In a significant advancement for organizational efficiency, software startup Wegrow has successfully raised €7 million in a Series A funding round. This infusion of capital will bolster Wegrow’s AI-powered platform, designed to help companies avoid the pitfalls of redundant work by facilitating the sharing and reuse of best practices across various business functions and geographical…
Egyptian fintech startup Bokra is set to redefine wealth management in the MENA region with a pioneering platform offering goal-based investment and saving products backed by asset-backed securities. Founded on principles of inclusivity, transparency, and social responsibility, Bokra aims to empower individuals and SMEs by democratizing access to sophisticated financial tools. Scheduled for launch in…
