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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
UK startup Quantexa raises $64.7m to drive hyper-growth in big data and analytics ecosystem
Quantexa, the contextual decision intelligence software company, announced that it has raised $64.7 million in Series C funding led by Evolution Equity Partners, with major participation from existing investors.
French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.
Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.
Italian startup TIM, United Ventures launch €150m capital fund to support investments in mature innovative enterprises
Italian startup TIM signed an agreement with United Ventures to launch UV T- Growth fund that will support investments in mature innovative enterprises and SMEs in order to develop technological projects in Italy and abroad.
Seattle based startup Polyarc raises $9 million for augmented reality development
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.
EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.
Monaco headquartered startup IQONIQ secures €100m for global expansion
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.
Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.
Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.
SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.
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.
African AI startup Superfluid Labs receives investment from ShEquity
GreenTec Capital announces that Superfluid Labs was selected as the first investment for the newly launched ShEquity investment vehicle which focuses on providing smart and sustainable investments for African female entrepreneurs.
Xavier Chapel joins GreenTec as Head of Venture Building
GreenTec Capital announces that Xavier Chapel has joined the team in the role of Head of Venture Building, to leverage his extensive international and entrepreneurial experience in selecting startups that best fit GreenTec investment criteria.
French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.
London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.
Go Ignite partners seek 5G use cases in global call for startups
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.
Spanish medtech startup QUIBIM closes €8 million investment round
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.
Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.
Moroccan fintech startup OnePay announces $417,000 investment from Maroc Numeric Fund II
OnePay, a Moroccan fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions announced a $417,000 investment from Maroc Numeric Fund II.
[Startup Interview] Vimbai Malandu, Co-Founder, YuPlan Limited, Zimbabwe
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world. The platform holds a selection of venues from office spaces, residential plots, gardens, school halls and sports fields among others.
Cornish startup Codices raises $800,000 seed round
Codices Interactive, a Cornish startup from the Falmouth Launchpad Incubator has closed its $800,000 seed round of funding led by the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and Haatch Ventures.
Futuregrowth invests in South African online services disruptor startup SweepSouth
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.
Kenyan startup PayGo Energy announces strategic investment from Saisan
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.
Dutch fintech startup BUX launches zero-commission investing app to French users
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.
Belfast health tech firm Neurovalens picked for UK startup scheme
Neurovalens, the Belfast tech company behind a headset developed to treat neurological health issues has been chosen for a major UK-wide programme.
Dutch startup Cevinio raises €4.5m to accelerate international growth
Cevinio, a fast-growing Accounts Payable software company from Rotterdam has raised €4.5 million from Endeit Capital and CNBB Venture Partners.
Dutch online startup, scale-up community funds international research into COVID-19
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.
South African animation and gaming startup Sea Monster secures $1m funding
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.
Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.
French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.
London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.
[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.
CDC backs Helios Investment with $100m commitment
CDC Group, UK’s development finance institution and leading impact investor, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners, a leading Africa-focused private equity firm.
IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.
[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.
Dutch startup Open Social raises €1.25m for service expansion
Amsterdam-based B2B SaaS platform for building online communities Open Social has raised €1.25 million investment from Peak Capital and Nimbus Ventures.
AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.
UK property startups Goodlord and Vouch come together to create new market leader
Property technology company Goodlord will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.
British Business Investments announces €120m commitment to LGT Capital Partners funds
British Business Investments, a commercial subsidiary of the British Business Bank, announced the third commitment through its £500m Managed Funds Programme.
Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.
Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.
The Digital Africa seed fund off to a promising start, offers customized support for African startups
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.
Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.
U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.
Enygma Ventures invests $1m in Zambian fintech startup Lupiya
Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services.
UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.
German startup NavVis receives €20m funding from the European Investment Bank
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.
[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.
[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.
Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.
GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.
French startup Koala closes €1.6m seed round led by Insurtech Gateway
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.
ETF leads €7 million investment in Finnish startup Basemark
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.
[Startup Interview] Rajat Dayal, CEO, Yabx, India
Yabx targets the unbanked population in the emerging markets of Africa, Asia, and Latin America by leveraging the digital footprints of an individual and providing tailor-made financial services. The startup’s founder and CEO Rajat Dayal explains.
British biotech startup Freeline closes $120m Series C financing round
Freeline, a biotechnology company focused on developing curative gene therapies for chronic systemic diseases announced the closing of a $120 million extended Series C financing.
Ingressive Capital grows African tech fund to $10 million
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa, and now operates a $10 million fund.
New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.
U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.
Privacy software company OneTrust acquires Seattle based startup Integris
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.
French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Unlatch, a French pioneer in digital real estate sales, announced a $5.8 million financing round, including $4.5 million in equity from AXA Venture Partners and $1.3 million in debt.
Belgium startup e-peas raises further €8 million in VC for long term growth
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.
Estonian startup Veriff closes $15.5 million financing round for global expansion
Estonian identity verification startup Veriff closed a financing round of $15.5 million to ramp up global growth and sales to enterprise customers prior to a larger B-series financing round planned in the future.
MFS Africa acquires East Africa fintech startup Beyonic
East Africa fintech startup Beyonic announced that the company has been acquired by MFS Africa. MFS Africa operates Africa’s largest digital payments hub, connecting more than 200 million mobile wallets on the continent.
Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.
E-mobility startup Bolt launches electric bikes in Paris
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.
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