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Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
The company will be reported within the business area segment Sandvik Machining Solutions.
Aclid closes $3.3m seed funding to advance biosecurity and compliance
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.
Biotech startup Deka Biosciences closes $20m to advance product pipeline
Maryland-based biotech company Deka Biosciences, has closed $20m financing.
SUNeVision launches first startup programme to advance innovations in Hong Kong
SUNeVision has announced the launch of its first startup programme.
Unlocking the future of drug discovery with AI, BBC Research
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.
ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
ZENCE OBJECT has secured $2.5m from the AEF Greater Bay Area Fund (AEF GBA).
UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Clean Food Group has announced a further £2.3m funding.
UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Clean Food Group has announced a strategic collaboration with Alianza Team.
Nature Coatings secures $2.45m funding to accelerate growth
Nature Coatings announced the successful completion of an oversubscribed $2.45 million seed funding round.
Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Meatable has raised $35m in new funding.
Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Bactolife announced it has successfully raised €>30 million.
OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures has announced a $1m investment in Moonbox.
SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Enzymit announced its success in synthetically producing hyaluronic acid (HA).
NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Startup Creasphere has announced new partnership with NEOM.
TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
TLV Partners announced $1 billion in assets under management (AUM).
Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Tokyo, Japan is an economic powerhouse with its thriving business landscape.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth
Exeliom Biosciences closes its Series A funding at €24 million
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.
Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Camena announced it has closed a $10m Series A financing round.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Pluton Biosciences raises $16.5m Series A funding to fight climate change
Pluton Biosciences announced the close of a $16.5 million Series A funding round.
UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.
Genemod raises $4.5m to become the central research platform for biopharma companies
Genemod, a cloud-based workspace collaboration software for biopharma R&D teams, announced it has raised $4.5 million in seed funding.
Proptech startup NineSmart launches contactless booking solution
With the rising demand for property technology (PropTech), NineSmart is committed to becoming a prominent solution provider in the market with advanced IoT technology.
Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.
TeselaGen offers Starter Edition to help biotech startups scale efficiently
TeselaGen Biotechnology, the developer of AI-enabled Operating System for Biotechnology R&D and Manufacturing, announced the launch of its Starter Edition to support innovative early-stage biotech companies that are ready to scale.
Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.
Biotech startup Tiamat Sciences raises $2m seed extension round to accelerate product validation, strategic partnerships
Biotechnology startup Tiamat Sciences, announced its $2 million seed-extension financing round led by 8090 Industries with participation from new and existing investors.
Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.
Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.
Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.
10 tech startup ideas to follow in 2023
In 2023, tech industries are poised for explosive growth, making it one of the most exciting years for entrepreneurs to pursue tech startup ideas.
[Column] Xiao Feng: The 10 principles of Web3
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.
Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.
Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.
Plug and Play China launches call for global startup applications
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).
Italian biotech startup Diamante closes €595K seed round to accelerate growth
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.
Beijing-based Astro-E closes seed round financing to accelerate growth
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.
Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.
HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.
Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.
Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).
eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.
Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.
Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.
Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.
Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.
GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).
Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.
German biotech startup Mogling Bio completes first seed investment round from Kizoo
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.
Swiss settlement banking startup Arf raises $13m seed seed round to further develop its blockchain-based technology
Arf, the VQF-regulated global settlement banking platform using Web3 technologies has raised $13 million in a seed round with the participation of industry leaders.
Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.
Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.
Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.
French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.
BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.
Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.
Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.
Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.
BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.
West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.
Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.
Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.
Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.
Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.
Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.
Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.
Lummus announces successful startup of CATOFIN PDH unit in China
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.
London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.
Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.
Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.
Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.
BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.
Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.
Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.
Foodtech startup Haofood partners Lawson to accelerate presence in China
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.
Salaries for startup CEOs break records, Kruze Consulting
Kruze Consulting, a CPA and finance consulting company for VC-backed startups, released new data on the average salary for startup CEOs.
Biotech startup AskGene completes of $20m Series A financing to accelerate growth
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.
Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.
SeaX Ventures launches $60m Fund II to help international startups expand into Southeast Asia
SeaX Ventures (Southeast Asia Exponential Ventures), announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia.
Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.
Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.
The Sandbox and Brinc announce $50m open metaverse accelerator program funding for 100 startups
The Sandbox, a decentralized gaming metaverse, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.
SOMA.finance closes $6.5m seed funding round to accelerate growth
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.
Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.
TandemAI raises $25 Million Seed & Pre-series financing to expand its wet lab operations
TandemAI has announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations.
Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.
Biotech startup Tiamat Sciences raises $3m to manufacture plant-based biomolecules
Biotechnology startup Tiamat Sciences announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos.
Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.
Chinese SEI Robotics partners with Silicon Valley's Medtrics to bring telemedicine service to Android TV
SEI Robotics, a global innovator of smart IOT devices & provider of Android TV platforms for Pay-TV operators (MVPD), announced its strategic partnership with Medtrics, the Silicon Valley startup, player of digital health service.
Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.
Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.
Chinese startup MioTech raises additional financing to develop sustainability innovations that support net-zero global economy
MioTech announced it has secured investments to further its commitment to develop sustainability innovations that support a net-zero global economy.
Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.
Dalan Animal Health startup raises $1.9m seed funding for development of a breakthrough honeybee vaccine
Dalan Animal Health, Inc., a biotech company developing vaccines for new age production animals, announced it has closed funding for a $1.9 million seed round.
Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.
Chinese intelligent robotics startup Agile Robots completes Series C financing to accelerate growth
Agile Robots, an intelligent robotics company, announced the completion of a Series C financing with a total investment of $220 million. The financing was led by SoftBank Vision Fund 2, followed by financial investors.
Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.
Illumina Accelerator invests in seven genomics startups for 3rd global cycle
Illumina has selected seven new genomics companies to join the third global funding cycle of Illumina Accelerator. The global company creation engine, focused on partnering with entrepreneurs to build breakthrough genomics startups.
Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.
HUAWEI partners with Singapore-based healthtech startup Plano to tackle global problem of myopia
Huawei Technologies and Plano announced a partnership to address the global problem of myopia. Through this partnership, Huawei and Plano will provide Huawei users with easy-to-use, innovative, and science-based technological solutions.
Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.
QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.
Speedaf express completes Round A+ financing to build China-Africa express brand
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by Northern Light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.
South African biotech startup LifeQ secures $47m in Series A funding
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.
Chinese AI robotics startup Mech-Mind completes Series C funding
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.
Biotech startup Eliem Therapeutics closes $60m Series B financing
Eliem Therapeutics, a clinical-stage biotechnology company focused on developing novel therapies for neuronal excitability disorders to address unmet needs in disorders of the peripheral and central nervous systems, announced the closing of a $60 million Series B financing.
Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.
Revere VC raises $1.35 m seed round to give venture capital its vanguard moment
Revere VC, a San Francisco and Hong Kong based asset management firm, announced the launch of its flagship products and services; "The Portal,' a curated VC platform, and its inaugural fund strategy, 'The Prime Access Fund.'
Mental health biotech startup Gilgamesh Pharmaceuticals closes $27m Series A round
Gilgamesh Pharmaceuticals, a mental health science focused biotechnology company utilizing psychedelic-related medicines for the treatment of neuropsychiatric conditions, today announced the closing of a $27 million Series A round of funding.
Biotech startup ResBiotic raises $3m seed round, announces leadership team
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.
Danish biotech startup Adcendo raises €51m to advance novel antibody-drug conjugates for cancers treatment
Adcendo, a biotech company developing antibody-drug conjugates (ADCs) for the treatment of cancers, announced the successful closing of €51 million Series A financing to advance novel antibody-drug conjugates for treatment of cancers.
Finnish biotech startup Carbo Culture sets to remove 1billion tons of carbon from atmosphere by 2030
Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.
Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.
Chinese logistics startup Duckbill closes $50m funding
Duckbill, the world container trucking/drayage service platform featuring intelligent dispatching and transportation management, announced the closing of fund raising of $50 million which marks the biggest funding in the industry.
Nano raises $90m pre-IPO funding round to accelerate growth
Nano Cures (Nano), a clinical stage biotechnology and infectious disease immunity platform company, announced a $90 million pre-IPO funding round.
Biopharmaceutical startup Teon Therapeutics completes $30m Series A financing for expansion
Teon Therapeutics, a biopharmaceutical company developing small molecules that inhibit the immunosuppressive and cancer-promoting signaling pathways, announced the completion of a $30 million Series A financing.
Fertility marketplace startup GoStork raises $760k in first seed round funding for expansion
GoStork, the first fertility marketplace, announced its first round of seed funding in the amount of $760,000 for the expansion of services, providers and key staff to simplify the first steps in the family building journey.
Biotech startup Micronoma raises $3.5m in convertible note financing
Micronoma, the first cancer detection biotech company that utilizes signals from the tumor-related microbiome to diagnose cancer at an early stage with liquid biopsy technology, announced the closing of $3.5 million in convertible debt financing.
Adjuvant Capital announces $300m venture fund to improve global public health
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.
Investment in Forward BIOLABS paying off for bioscience startups
Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.
Scientific startups investor Prime Movers Lab expands life sciences practice
Prime Movers Lab, an investor in breakthrough scientific startups that will revolutionize the world's most important industries and transform billions of lives, announced that it is expanding its efforts in the life sciences.
MindMed partners with Swiss psychedelic drug discovery startup MindShift Compounds to patent next-gen psychedelic compounds
MindMed, a psychedelic medicine biotech company announced a new partnership with Swiss startup MindShift Compounds AG to develop and patent next-gen psychedelic compounds with psychedelic or empathogenic properties.
Proxima Ventures, Co-win Ventures invest in Bioelectronica to accelerate pharmaceutical discovery and development
Bioelectronica announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics.
Biotech Executive Elizabeth Cormier-May appointed new CEO for women's health startup Mammogen
Mammogen, Inc., a women's health startup born at the intersection of data, technology and science, and Bench International, a leading global executive search firm, jointly announce the appointment of Elizabeth Cormier-May as Chief Executive Officer.
Chinese venture capital firm Qiming closes RMB Fund VI at RMB 2.852 billion
Chinese venture capital firm Qiming Venture Partners announced the final closing of its RMB Fund VI at RMB 2.852 billion.
Biotech startup Vera Therapeutics launches with $80m Series C financing to develop phase 2b novel biologic for kidney disease
Vera Therapeutics, a clinical-stage biotechnology company focused on developing treatments for immunological and inflammatory diseases, announced its launch backed by $80 million Series C financing led by Abingworth LLP.
Biotech startup AltPep raises $23m jumpstarting work on Alzheimer's disease
AltPep Corporation, a privately held biomedical company focused on diagnosing and treating Central Nervous System amyloid disorders, starting with Alzheimer's Disease, announced it closed a $23.150 million Series A investment round.
Novo Seeds' IO Biotech completes oversubscribed €127m Series B financing to accelerate clinical programs in oncology
Novo Seeds announced its portfolio company, IO Biotech, a clinical-stage biopharmaceutical company developing novel, immune-modulating anti-cancer therapies, raised €127 million in Series B financing.
Genomics startup NuProbe closes $42m fundraising for expansion
NuProbe, a genomics and molecular diagnostics company specialized in ultrasensitive sequencing panels, announced the closing of its oversubscribed $42 million fundraising.
UK biotech startup Theolytics raises £5m Series A round to advance viral cancer therapies
Theolytics, a UK biotech harnessing viruses to combat cancer, announced the closing of £5 million Series A round, co-led by Epidarex Capital and Taiho Ventures LLC with participation from existing investor, Oxford Sciences Innovation (OSI).
Chinese iQIYI's VR startup completes Series B funding to drive innovation, expand content ecosystem
iQIYI Inc., an innovative market-leading online entertainment service in China, announced it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent.
CerraCap Ventures invests in biopharma AI startup Totient
CerraCap Ventures announced its third health-tech investment in Totient, an artificial intelligence-driven drug discovery platform that identifies and harnesses human-derived antibodies from individuals with exceptional immune responses.
Biotech startup Indee Labs announces successful early access program launch
Indee Labs announced the addition of three of the largest pharmaceutical companies, multiple biotechnology companies as well as Stanford's Cell Therapy Clinic and Moffitt Cancer Center, to participate in its Early Access Program.
Biotech startup TurtleTree Labs raises $6.2m in Pre-A funding round
TurtleTree Labs, a biotech company pioneering the method to produce milk using cell-based technology, announced the close of an oversubscribed $6.2 million Pre-A funding round from new and existing global investors.
Biometrics startup Levels raises $12m seed round to mainstream Biowearables, improve metabolic health
Levels, the first biowearable system to provide real-time feedback on how your diet impacts your health announced a $12 million seed round led by a16z, one of Silicon Valley's top venture capital firms.
Biotech startup Mekonos raises $4.6m for its gene engineering platform
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.
Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.
Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.
Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.
Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.
Alfa Bank, Plug and Play collaborate on innovation in Fintech
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.
Cognoptix secures $2.6 million financing to advance Alzheimer’s disease test
Cognoptix, a US healthcare company developing the Sapphire II System, a breakthrough technology for early detection of Alzheimer's disease (AD), has announced the closing of an over-subscribed Series R financing round.
Siolta Therapeutics raises $30 million funding for treatment of allergic diseases
Siolta Therapeutics, a clinical-stage biotech company in the US, has raised $30 million in a series B investment round to support the clinical development of its lead product.
Phytolon secures $4.1 million funding for natural food colour tech
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.
Ireland biotech startup Inflazome acquired by Roche for €380 million
Inflazome has announced that it has closed a share purchase agreement with Roche in which Inflazome’s shareholders received an upfront payment of €380 million.
Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.
Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.
Mitsui Chemicals, UNEP support Asian startups helping reduce plastic waste
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.
Intel Capital invests $132 million in 11 disruptive technology startups
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here