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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3840721 | Tags:





































Aclid closes $3.3m seed funding to advance biosecurity and compliance
Published: 12-10-2023 | 11:27:00 | By: Pie Kamau
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.


Biotech startup Deka Biosciences closes $20m to advance product pipeline
Published: 29-09-2023 | 10:49:00 | By: Pie Kamau
Maryland-based biotech company Deka Biosciences, has closed $20m financing.


Unlocking the future of drug discovery with AI, BBC Research
Published: 26-09-2023 | 11:59:00 | By: Pie Kamau
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
Published: 16-08-2023 | 10:15:00 | By: Pie Kamau
Clean Food Group has announced a further £2.3m funding.


UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Published: 15-08-2023 | 10:24:00 | By: Pie Kamau
Clean Food Group has announced a strategic collaboration with Alianza Team.


Nature Coatings secures $2.45m funding to accelerate growth
Published: 10-08-2023 | 16:19:00 | By: Pie Kamau
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
Published: 08-08-2023 | 12:42:00 | By: Pie Kamau
Meatable has raised $35m in new funding.


Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Published: 08-08-2023 | 11:15:00 | By: Pie Kamau
Bactolife announced it has successfully raised €>30 million.


SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Published: 03-08-2023 | 14:03:00 | By: Pie Kamau
Enzymit announced its success in synthetically producing hyaluronic acid (HA).


NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Published: 25-07-2023 | 11:25:00 | By: Pie Kamau
Startup Creasphere has announced new partnership with NEOM.


TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
Published: 18-07-2023 | 10:16:00 | By: Pie Kamau
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
Published: 12-07-2023 | 11:15:00 | By: Pie Kamau
Tokyo, Japan is an economic powerhouse with its thriving business landscape.


German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
Published: 07-07-2023 | 15:56:00 | By: Pie Kamau
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth


Exeliom Biosciences closes its Series A funding at €24 million
Published: 03-07-2023 | 13:32:00 | By: Pie Kamau
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
Published: 03-07-2023 | 13:06:00 | By: Pie Kamau
Camena announced it has closed a $10m Series A financing round.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
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
Published: 26-05-2023 | 10:31:00 | By: Pie Kamau
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
Published: 17-05-2023 | 13:27:00 | By: Pie Kamau
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
Published: 05-05-2023 | 17:10:00 | By: Pie Kamau
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
Published: 23-03-2023 | 14:04:00 | By: Pie Kamau
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
Published: 13-03-2023 | 12:31:00 | By: Pie Kamau
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
Published: 06-03-2023 | 10:05:00 | By: Pie Kamau
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
Published: 07-02-2023 | 12:00:00 | By: Bob Koigi
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
Published: 03-02-2023 | 12:38:00 | By: Pie Kamau
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
Published: 26-01-2023 | 13:02:00 | By: Pie Kamau
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
Published: 17-01-2023 | 10:57:00 | By: Pie Kamau
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
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
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
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
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
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
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
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
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
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
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
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
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
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
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
Published: 26-10-2022 | 10:00:00 | By: Pie Kamau
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
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
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
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
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
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
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
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
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
Published: 12-09-2022 | 11:57:00 | By: Pie Kamau
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
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
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
Published: 25-08-2022 | 11:38:00 | By: Pie Kamau
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
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
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
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
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
Published: 02-08-2022 | 13:12:00 | By: Pie Kamau
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
Published: 01-08-2022 | 10:48:00 | By: Pie Kamau
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
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
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
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
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
Published: 20-06-2022 | 12:31:00 | By: Pie Kamau
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
Published: 17-06-2022 | 15:03:00 | By: Pie Kamau
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
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
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
Published: 31-05-2022 | 12:01:00 | By: Pie Kamau
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
Published: 23-05-2022 | 13:08:00 | By: Pie Kamau
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
Published: 11-05-2022 | 11:26:00 | By: Pie Kamau
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
Published: 10-05-2022 | 10:45:00 | By: Pie Kamau
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
Published: 03-05-2022 | 16:46:00 | By: Pie Kamau
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
Published: 05-04-2022 | 13:54:00 | By: Pie Kamau
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
Published: 28-03-2022 | 16:46:00 | By: Pie Kamau
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
Published: 24-12-2021 | 09:09:54 | By: Bob Koigi
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
Published: 25-11-2021 | 10:55:00 | By: Pie Kamau
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
Published: 18-11-2021 | 08:56:00 | By: Pie Kamau
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
Published: 28-10-2021 | 09:32:00 | By: Pie Kamau
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
Published: 06-10-2021 | 14:03:00 | By: Pie Kamau
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
Published: 17-09-2021 | 12:24:00 | By: Pie Kamau
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
Published: 16-09-2021 | 11:55:00 | By: Pie Kamau
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
Published: 28-05-2021 | 13:59:00 | By: Pie Kamau
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
Published: 24-05-2021 | 13:46:00 | By: Pie Kamau
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
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
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
Published: 07-05-2021 | 12:00:00 | By: Pie Kamau
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
Published: 30-04-2021 | 12:49:00 | By: Pie Kamau
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
Published: 29-04-2021 | 09:37:00 | By: Pie Kamau
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
Published: 15-04-2021 | 09:12:00 | By: Pie Kamau
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
Published: 24-03-2021 | 15:37:00 | By: Pie Kamau
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
Published: 15-03-2021 | 15:13:00 | By: Pie Kamau
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
Published: 24-02-2021 | 12:54:00 | By: Pie Kamau
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
Published: 24-02-2021 | 12:41:00 | By: Pie Kamau
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
Published: 23-02-2021 | 08:52:00 | By: Pie Kamau
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
Published: 19-02-2021 | 12:32:00 | By: Pie Kamau
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
Published: 19-02-2021 | 12:02:04 | By: Pie Kamau
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
Published: 17-02-2021 | 12:56:00 | By: Pie Kamau
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
Published: 12-02-2021 | 11:18:40 | By: Pie Kamau
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
Published: 09-02-2021 | 08:47:00 | By: Pie Kamau
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
Published: 05-02-2021 | 10:01:34 | By: Pie Kamau
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
Published: 19-01-2021 | 13:16:00 | By: Pie Kamau
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
Published: 15-01-2021 | 11:35:00 | By: Pie Kamau
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
Published: 13-01-2021 | 13:15:00 | By: Pie Kamau
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
Published: 07-01-2021 | 12:09:00 | By: Pie Kamau
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
Published: 05-01-2021 | 14:48:32 | By: Pie Kamau
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
Published: 05-01-2021 | 14:36:00 | By: Pie Kamau
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
Published: 17-12-2020 | 15:26:00 | By: Pie Kamau
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
Published: 30-11-2020 | 15:01:00 | By: Pie Kamau
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
Published: 24-11-2020 | 12:09:00 | By: Pie Kamau
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
Published: 06-11-2020 | 14:13:00 | By: Pie Kamau
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
Published: 14-10-2020 | 15:09:00 | By: Pie Kamau
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
Published: 29-09-2020 | 15:58:07 | By: Bob Koigi
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
Published: 25-09-2020 | 12:16:55 | By: Bob Koigi
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
Published: 22-09-2020 | 15:17:00 | By: Bob Koigi
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
Published: 22-09-2020 | 15:12:00 | By: Bob Koigi
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.


Swiss Life Science startup CUTISS raises €18.7 in series B funding
Published: 30-06-2020 | 16:34:00 | By: Pie Kamau
CUTISS AG, an innovative Swiss Life Science Company has successfully closed its series B financing round at €18.7 million, which was eventually oversubscribed.


TIER Mobility gears up for UK launch, hires two industry top figures
Published: 30-06-2020 | 16:08:00 | By: Pie Kamau
TIER Mobility, a European provider of micro-mobility solutions has hired two senior figures in the ride-sharing and e-mobility sector as it gears up for its UK launch - Fred Jones as General Manager U.K., and Benjamin Bell as Head of Public Policy for Northern Europe.


Ziticity raises €2.2 million seed investment for Europe expansion
Published: 30-06-2020 | 15:51:00 | By: Pie Kamau
Lithuanian logistics platform Ziticity has closed a €2.2 million seed equity investment round led by NordicNinja VC in participation with Superhero Capital VC, Practica Capital, Superangel VC, Startup Wise Guys and business angel Maksim Golivkin.


[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
Published: 30-06-2020 | 14:07:15 | By: Bob Koigi
LIVE FR8™ is a South African startup that offers cargo suppliers and transporters improved and cheaper logistics services through cloud technology. Cargo suppliers and transporters connect directly.


[Startup Interview] Ibrahim Abdullahi, CEO, NBE Consults, Nigeria
Published: 30-06-2020 | 13:17:00 | By: Bob Koigi
In Africa, the use of GIS and Remote Sensing as a tool for problem solving is still in its early stages especially for location based services.Nigeria-based NBE Consults is working to change this narrative.


[Startup Interview] Anton Janovsky, Founder, Giga Technology, South Africa
Published: 30-06-2020 | 13:11:36 | By: Bob Koigi
Giga Technology is a South African telecommunications startup involved in the manufacture and export of a host of communication technologies across Africa and Europe.


[Startup Interview] Seth Wessels, Co-Founder, Tungston Trading, South Africa
Published: 26-06-2020 | 15:05:00 | By: Bob Koigi
Tungston Trading based in South Africa is a business involved in the supply of cast iron range of products to the retail merchants for home improvements and plumbing.


French based startup ubble raises €10 million, partners with Bpifrance
Published: 25-06-2020 | 16:11:00 | By: Pie Kamau
ID verification startup ubble successfully raised funds from Partech and Breega to complete its seed round, bringing its total financing to more than €10 million.


Crowdsourced ethical hacking platform Intigriti raises €4m for international expansion
Published: 25-06-2020 | 13:40:00 | By: Pie Kamau
Belgium based crowdsourced cybersecurity firm Intigriti has raised €4.14 million in their Series A round, led by European based venture capital firm ETF partners.


Memo Bank becomes first independent bank launched in France, closes $23 million funding round
Published: 24-06-2020 | 14:07:00 | By: Pie Kamau
French startup Memo Bank has become the first independent bank to emerge in France in half a century and it aims to support the growth and digital transformation of French and European small and medium-sized enterprises.


German startup Elucidate raises €2.5m to expand its financial crime index
Published: 24-06-2020 | 13:02:00 | By: Pie Kamau
Berlin-based financial crime risk quantification agency Elucidate has raised €2.5 million investment led by Silicon Valley-based 11.2 Capital with other participants in the round including Seed X Liechtenstein, Apex Ventures, Big Start Ventures and SixThirty Ventures.


[Startup Interview] Xander Groesbeek, CEO, Rate My Meeting, The Netherlands
Published: 24-06-2020 | 12:13:00 | By: Bob Koigi
Rate My Meeting is a Dutch startup that works with professionals and companies to improve meetings, their inclusivity, effectiveness and employee satisfaction.


[Startup Interview] Sarah Bauling, Founder, Sarah Bauling, Australia
Published: 24-06-2020 | 12:07:00 | By: Bob Koigi
Sarah Bauling is an Australian startup that offers training on presentation skills, keynote deliveries, customer services and MC services.


[Startup Interview] Olayemi Bamisile, Co-Founder, Byngo Investments, Liberia
Published: 24-06-2020 | 12:03:00 | By: Bob Koigi
Byngo Investments offers access to financial services that are found around the globe to Africans who do not have access to the same tools.


Spain cybersecurity startup Kymatio closes €725,000 in financing round from Sabadell and JME Ventures
Published: 23-06-2020 | 16:38:00 | By: Pie Kamau
Kymatio, the SaaS platform that enables the management of cyber risk for employees, has increased its first round of investment by 40% to accommodate two new partners, Banco Sabadell BStartup and the JME Ventures fund.


Dutch agritech startup Connecterra lands €7.8m to accelerate industry digitization
Published: 23-06-2020 | 16:18:00 | By: Pie Kamau
Amsterdam based startup Connecterra, the Artificial Intelligence (AI) leader for the dairy sector has secured €7.8 million in a Series B funding round. The round adds new AgTech and industry insiders as investors in the Company.


Egypt startup Sakneen secures Y Combinator investment
Published: 23-06-2020 | 15:34:00 | By: Pie Kamau
Cairo based real estate startup Sakneen has been backed by Y Combinator in its mission to help homebuyers digitally search for and buy homes in Egypt.


New York health startup Cedar closes $102m Series C funding and new innovation partnership with Novant Health
Published: 23-06-2020 | 11:40:00 | By: Pie Kamau
New York based patient engagement and financial technology leader, Cedar, announced it has closed more than $102m in Series C funding, led by venture capital firm Andreessen Horowitz.


Horizon Quantum raises seed financing to $3.23m for software development
Published: 23-06-2020 | 11:13:00 | By: Pie Kamau
Horizon Quantum Computing, a Singapore-based startup developing programming tools for quantum computers announced it has increased its seed financing to $3.23 million, a seed-plus round led by Sequoia Capital India with participation from previous investors.


British startup Cazoo reaches unicorn status, gets extra £25m funding
Published: 23-06-2020 | 10:41:00 | By: Pie Kamau
British used-car startup Cazoo has joined the exclusive list of companies known as unicorns, with valuations in excess of $1 billion.


UNICEF Cryptocurrency Fund announces investment for startups in developing, emerging economies
Published: 23-06-2020 | 10:00:00 | By: Pie Kamau
Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges.


[Startup Interview] Veer Varma, Founder, CoachDirect, India
Published: 16-06-2020 | 12:31:09 | By: Bob Koigi
CoachDirect is an Indian-based startup that works with schools and gated communities by providing sports, wellness and life coaching services. The startup CEO Veer Varma elaborates.


USA health startup Conversa raises $12 million to accelerate the need for digital health
Published: 11-06-2020 | 16:09:00 | By: Pie Kamau
Conversa Health, a leading virtual care and communication platform that delivers personalized, automated patient engagement, has closed $12 million in a Series B funding bringing the total raised to over $26 million.


French startup Monk raises $2.4m Seed round to develop AI-based inspection technology
Published: 11-06-2020 | 15:23:00 | By: Pie Kamau
French startup Monk, an Artificial Intelligence focused on car damage detection announced a $2.4 million fundraising Seed round led by Iris Capital, alongside Plug and Play and key business angels.


Naspers Foundry invests R100 million in South African agri-tech startup, Aerobotics
Published: 11-06-2020 | 14:16:00 | By: Pie Kamau
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.


[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
Published: 11-06-2020 | 10:25:00 | By: Bob Koigi
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.


New York-based RapidSOS startup raises $21m to help first responders take on unprecedented pandemic
Published: 10-06-2020 | 17:23:00 | By: Pie Kamau
RapidSOS, a New York-based emergency response technology company has raised a $21 million funding round led by Transformation Capital, a leading digital health growth equity fund.


EBRD, EU support Jordan based tech startup Abjjad
Published: 10-06-2020 | 16:53:00 | By: Pie Kamau
Tech startup Abjjad, the first Arabic social network for readers, authors, and bloggers in the Middle East has benefited from the EBRD Star Venture programme in Jordan and is also an Oasis500 accelerator beneficiary.


[Startup Interview] Anton Kooijman, Elwin Gastelaars, Founders, Be-Addy, The Netherlands
Published: 10-06-2020 | 15:32:00 | By: Bob Koigi
Dutch startup Be-Addy works with media agencies and advertisers to create, optimize and automate their media plans. Anton Kooijman, Elwin Gastelaars, the founders of the online advertising company elaborate.


[Startup Interview] Dumisanie Mambiya, CEO, FADC, Malawi
Published: 10-06-2020 | 10:59:00 | By: Bob Koigi
Malawi-based Food & Agribusiness Development Company, FADC, is an agriculture startup that is working with horticulture and groundnut farmers to boost their earnings through offering an array of services.


[Startup Interview] Timi Oke, Founder, AgroEknor International, Nigeria
Published: 10-06-2020 | 10:53:00 | By: Bob Koigi
Timi Oke is the founder of AgroEknor International Limited in Nigeria that trades and exports processed agricultural products `agricultural products to clients in 9 different countries globally.


Solar leasing startup Sun Exchange secures $3 million investment from ARCH for African market expansion
Published: 09-06-2020 | 13:34:00 | By: Pie Kamau
South African solar leasing startup Sun Exchange has secured a $3 million investment from ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARPF), marking the close of $4 million Series-A funding round.


Pan-European startup EstateGuru exceeds €350K funding target by 252 %
Published: 09-06-2020 | 13:04:00 | By: Pie Kamau
Pan-European marketplace for short-term, property-backed loans, EstateGuru has closed a €880K funding round on investment platform Seedrs.


French healthtech startup Ambler raises €6 million to accelerate digitalization of medical transport
Published: 09-06-2020 | 12:39:00 | By: Pie Kamau
18 months after its first fundraising, Ambler has completed a € 6 million round of financing with Bpifrance via the Digital Venture pole, Idinvest Partners, Partech and Kima Ventures to accelerate the development of its platform for connecting carriers sanitary and health establishments.


EIT Health selects startups for Headstart 2020
Published: 05-06-2020 | 10:28:00 | By: Pie Kamau
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.


[Startup Interview] Rense van Dijk, CEO, Woon Duurzaam, The Netherlands
Published: 04-06-2020 | 17:13:00 | By: Bob Koigi
Woon Duurzaam, a Netherlands-based startup, assists customers who are in pursuit of a sustainable lifestyle by providing every homeowner with an affordable energy sustainable home.


[Startup Interview] Yassir Ali, CEO, Hasania Foods, Nigeria
Published: 04-06-2020 | 17:05:00 | By: Bob Koigi
Hasania Foods Ltd, a startup in Nigeria is assisting farmers by adding value to a variety of agriculture products and introducing new ways of packaging foods. Yassir Ali the founder and CEO of the startup explains the model, the challenges and the plans to expand to West Africa.


Orange Ventures launches MEA Seed Challenge to finance entrepreneurs of seed startups in Middle East and Africa
Published: 04-06-2020 | 14:20:00 | By: Pie Kamau
Orange Ventures launched the MEA Seed Challenge to give entrepreneurs in Africa and the Middle East the means to launch and develop their business.


Forestry startup Timbeter collaborates with Costa Rica government to support digitization of forest management
Published: 04-06-2020 | 09:14:00 | By: Pie Kamau
Estonian forestry startup Timbeter and the government of Costa Rica kicked-off a project with the goal to support the digitization of forest management, and increase competitiveness of the local forestry sector.


EBRD, Wise Guys startup enter Fintech accelerator partnership
Published: 04-06-2020 | 08:51:00 | By: Pie Kamau
Start-ups across the regions where the European Bank for Reconstruction and Development (EBRD) invests will benefit from a new partnership between the Bank and Startup Wise Guys, a leading start-up accelerator with a presence across the Baltic states.


UK startup Planet Smart City expands further in Brazil with new smart city launch
Published: 03-06-2020 | 11:45:00 | By: Pie Kamau
Planet Smart City startup, the global leader in smart afordable housing, has expanded its presence in Brazil with the launch of its fourth smart project in the country- Smart City Aquiraz.


Germany startup Vara raises €6.5 million for AI-powered breast cancer screening software
Published: 03-06-2020 | 10:26:00 | By: Pie Kamau
Vara​, the Berlin-based company on a mission to save lives by making breast cancer screening accessible worldwide, has raised €6.5 million Series A funding round, led by ​OMERS Ventures​.


CirrusHQ announces £400,000 investment, appointment of Alastair Mills as new Chairman to drive business growth in the UK
Published: 01-06-2020 | 17:36:00 | By: Pie Kamau
CirrusHQ, a leading Amazon Web Services (AWS) Advanced Consulting and Solution Provider partner, announced it has secured a £400,000 growth capital investment plus the appointment of Alastair Mills as the company’s new Chairman.


French HR solution startup Neobrain raises €3m to support employees in professional transformation
Published: 01-06-2020 | 16:45:00 | By: Pie Kamau
French HR solution startup Neobrain has together with Breega, raised €3 million to support employees in professional transformation in a rapidly changing world.


Spain startup Zeleros raises €7m in financing to lead the development of hyperloop in Europe
Published: 01-06-2020 | 16:14:00 | By: Pie Kamau
Zeleros Hyperloop startup has completed a financing round worth more than €7 million for the company to start a new and important phase in the development of its unique version of hyperloop, the fifth mode of transport.