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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3846460 | 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.


Contract management startup Evisort raises $100m funding to enhance customer experience, accelerate growth
Published: 13-05-2022 | 14:18:00 | By: Pie Kamau
Evisort, the no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, announced it has raised $100 million in capital.


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.


Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Published: 31-03-2022 | 13:04:44 | By: Pie Kamau
Station A, the U.S. clean energy marketplace, announced it launched Clean Energy Grades, a new product that instantly tells you the financial return of switching to clean energy.


Kenyan social commerce startup Tushop raises $3m pre-seed funding to accelerate growth
Published: 31-03-2022 | 12:41:00 | By: Pie Kamau
Tushop, a Kenyan social-commerce platform that enables group-buying of fast-moving consumer goods (FMCGs), announced it has raised $3 million in pre-seed funding, led by 4DX Ventures.


Europe's TIER Mobility acquires US-based Fantasmo to expand its accurate e-scooter parking system
Published: 31-03-2022 | 12:29:00 | By: Pie Kamau
TIER Mobility, Europe's shared micro-mobility provider, announced it has acquired Us-based Fantasmo, to further expand its most accurate e-scooter parking system and introduce a computer vision-powered rider assistance system.


Ecosystem restoration startup Lord of the Trees raises $1.25m pre-seed round to upscale environmental protection
Published: 31-03-2022 | 11:53:00 | By: Pie Kamau
Lord of the Trees, a full ecosystem restoration company that uses precision drone planting technology to restore degraded landscapes, announced a $1.25 million pre-seed funding round.


Mental health startup Nivati Secures $4m seed round to scale its platform
Published: 31-03-2022 | 11:25:00 | By: Pie Kamau
Nivati, a holistic mental health platform for employees, announced an oversubscribed seed round of $4 million led by FireBrand Ventures, with participation from Peak and Access Venture Partners.


AI-powered video commerce startup Vyrill raises $3m seed round to accelerate growth
Published: 31-03-2022 | 11:03:00 | By: Pie Kamau
VYRILL, a startup that enables video commerce with new, innovative 'in-video' search technology, announced the closing of a $3 million seed round of funding led by Noemis Ventures and Lightship Capital.


French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Published: 30-03-2022 | 11:43:00 | By: Pie Kamau
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.


Techstars partners with J.P. Morgan to invest in diverse entrepreneurs across the U.S.
Published: 30-03-2022 | 11:04:00 | By: Pie Kamau
Techstars announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the U.S.


African fintech Flutterwave goes live in Tanzania
Published: 30-03-2022 | 10:52:33 | By: Pie Kamau
African fintech Flutterwave announced it has gained approval from the Bank of Tanzania (BoT) to launch its payment service in the country.


Nigerian B2B startup Kwik closes $2m Series A round to digitize informal African trade
Published: 30-03-2022 | 10:49:00 | By: Pie Kamau
French-Nigerian B2B startup Kwik, a fast-growing provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has announced that it successfully closed its $2 million Series A round.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Vehicle financing startup Moove partners with Swvl for EV buses across the MENAP region
Published: 30-03-2022 | 10:32:25 | By: Pie Kamau
Egypt’s on-demand bus-hailing company Swvl, announced a new partnership with African fintech mobility startup Moove to scale Moove’s revenue-based vehicle financing model across the MENAP region.


On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
Published: 30-03-2022 | 10:24:12 | By: Pie Kamau
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.


Cybersecurity startup ActZero certified as SOC 2 Type II compliant
Published: 29-03-2022 | 14:43:17 | By: Pie Kamau
ActZero, a cybersecurity startup that helps small and mid-sized businesses protect their organizations, announced it has been third-party certified as Service Organization Control (SOC) 2 Type II compliant.


Healthtech startup Radish announces $4m seed round to enhance access to convenient and affordable healthcare
Published: 29-03-2022 | 14:17:00 | By: Pie Kamau
Radish Health, a concierge healthcare platform providing convenient and affordable primary care services to municipal governments and midsize businesses, announced $4 million in seed funding.


Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Published: 29-03-2022 | 13:48:00 | By: Pie Kamau
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.


Danish healthtech startup Qure.ai raises $40m to accelerate market expansion, support product development
Published: 29-03-2022 | 13:30:00 | By: Pie Kamau
Qure.ai (Qure), the healthtech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced it has secured $40 million in a funding round led by Novo Holdings and HealthQuad.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


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.


Israeli data integration startup Triple Whale raises $27.7m to develop default e-Commerce operating system for Shopify brands
Published: 28-03-2022 | 16:24:00 | By: Pie Kamau
Triple Whale, the all-in-one operating system for Shopify brands, announced it has raised $27.7 million in an extended Series A, the company's first announced funding round since its foundation in May 2021.


Israeli tech startup Run:ai completes proof of concept with NVIDIA
Published: 28-03-2022 | 15:54:00 | By: Pie Kamau
Run:ai, the company simplifying AI infrastructure orchestration and management, announced details of a completed proof of concept (POC) which enables multi-cloud GPU flexibility for companies using NVIDIA GPUs in the cloud.


Neurotechnology startup Phantom Neuro secures $3.26m seed round to advance machine control technology
Published: 28-03-2022 | 15:39:00 | By: Pie Kamau
Phantom Neuro, a burgeoning neurotechnology startup, announced a $3.26 million funding round from leading international and U.S.-based investors.


Konza Technopolis and ASSEK sign MoU to support startups in Kenya
Published: 28-03-2022 | 13:45:00 | By: Pie Kamau
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU to enhance innovation and support startups in Kenya.


10 African fintech startups selected for CATAPULT: Inclusion Africa Special Dubai Edition
Published: 28-03-2022 | 13:34:31 | By: Pie Kamau
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT: Inclusion Africa which will be held in Dubai, UAE.


Nigerian Big Cabal Media raises $2.3m to fuel audience growth and build new verticals
Published: 17-03-2022 | 12:38:00 | By: Pie Kamau
Big Cabal Media [BCM], a pan-African media company headquartered in Nigeria, has announced the close of its Seed Series fundraising round at $2.3million, led by MaC Venture Capital.


Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Published: 17-03-2022 | 12:25:00 | By: Pie Kamau
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.


Kenyan fintech 4G Capital raises $18.5m Series C funding to scale lending to MSMEs
Published: 17-03-2022 | 11:50:00 | By: Pie Kamau
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.


Crypto exchange platform Luno launches investment arm to support fintech and crypto startups
Published: 17-03-2022 | 11:41:00 | By: Pie Kamau
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (DCG), has launched Luno Expeditions, an early-stage investment arm to support fintech and crypto/web3 startups from around the world.


Kenyan e-Commerce startup Sokowatch raises $125m, rebrands to Wasoko
Published: 17-03-2022 | 11:32:00 | By: Pie Kamau
Kenyan based B2B e-Commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever raised for a non-fintech startup in Africa.


Singapore-based Treehouse Finance raises $18m seed funding to establish a standard for DeFi analytics
Published: 17-03-2022 | 11:15:00 | By: Pie Kamau
Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an $18 million seed round raise.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


Canadian healthtech startup Clinia raises $5m to power personalized pathways into every health journey
Published: 16-03-2022 | 12:57:00 | By: Pie Kamau
Montreal-based startup Clinia, the personalized health navigation platform, announced a $5 million CAD Seed funding round to scale the growth of its health search infrastructure across North America.


Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
Published: 16-03-2022 | 12:25:00 | By: Pie Kamau
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.


Climate tech startup Cambium Carbon raises $3m seed funding to reinvent the wood supply chain, reduce carbon emissions
Published: 16-03-2022 | 11:48:00 | By: Pie Kamau
Cambium Carbon PBC announced a $3.2 million seed round investment led by MaC Venture Capital, supported by Soma Capital, Joe Tsai, Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.


Insurance startup Asteya launches new product offering on its technology-first platform
Published: 16-03-2022 | 11:28:00 | By: Pie Kamau
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.


Indonesia's East Ventures signs to UN PRI to create responsible and sustainable investment
Published: 15-03-2022 | 11:42:00 | By: Pie Kamau
East Ventures, a pioneering sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment.


Product photo performance startup Bloom raises $1.1m seed round funding to bring generative AI to e-Commerce
Published: 15-03-2022 | 11:17:00 | By: Pie Kamau
Product photo performance engine Bloom announced it has raised $1.1 million at the close of its seed funding round.


Ghanaian fintech startup Dash closes $32.8m seed round to create a unified payments app for Africans
Published: 15-03-2022 | 10:04:00 | By: Pie Kamau
Dash, the unified and accessible payments app, announced it has raised $32.8 million in an oversubscribed seed round, one of the largest seed rounds for an African technology startup.


Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Published: 15-03-2022 | 09:33:00 | By: Pie Kamau
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.


15 startups selected for Google for Startups Accelerator Africa Class 7
Published: 15-03-2022 | 09:14:00 | By: Pie Kamau
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.


Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Published: 11-03-2022 | 13:40:00 | By: Pie Kamau
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.


FirstEnergy contributes $1m to UBIZ Venture Capital to support minority businesses in Northeast Ohio
Published: 11-03-2022 | 13:08:00 | By: Pie Kamau
To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland.


Colombian startup Yuno raises $10m seed round to solve online payments in Latin America
Published: 11-03-2022 | 12:43:00 | By: Pie Kamau
Yuno, a Colombia-based startup has raised a $10 million seed round to bring to Latin American companies an easy online checkout solution that solves the pain point of managing multiple payment methods.


New Stack Ventures raises $42.6m for its second fund to invest in Silicon Valley outsiders
Published: 11-03-2022 | 11:21:00 | By: Pie Kamau
New Stack Ventures, an early-stage venture fund dedicated to investing in Silicon Valley outsiders, announced it has raised $42.6 million for its second fund.


African crypto startup Basqet launches payment gateway to enable businesses accept Bitcoin
Published: 11-03-2022 | 11:06:00 | By: Pie Kamau
African blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.


EV startup BasiGo flags off first electric buses in Kenya
Published: 10-03-2022 | 15:39:00 | By: Pie Kamau
Nairobi headquartered e-mobility startup BasiGo flagged off the first electric buses in the country for passenger use.


Smart addressing startup OkHi secures $1.5m seed funding to drive smart address verification in Africa
Published: 10-03-2022 | 15:32:00 | By: Pie Kamau
Smart addressing startup, OkHi, has secured a $1.5 million seed extension, bringing the total of its seed funding to $3 million. This raise is supported by notable firms and individuals who, beyond funding, bring a wealth of expertise to OkHi.


Dream VC opens applications for its VC Fellowship Program in Africa
Published: 10-03-2022 | 15:25:00 | By: Pie Kamau
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2022 fellowship program for VCs in Africa.


Salary on-demand startup Cadana partners with Flutterwave to expand into Nigeria
Published: 10-03-2022 | 15:17:00 | By: Pie Kamau
Cadana, the salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company.


[Kenya] Applications for 5th cohort of Standard Chartered Bank's Women in Tech program open
Published: 10-03-2022 | 15:09:00 | By: Pie Kamau
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


London-based digital foreign exchange Currencies Direct announces £140m investment from Blackstone
Published: 09-03-2022 | 12:21:00 | By: Pie Kamau
Palamon Capital Partners and Corsair announced that funds managed by Blackstone have agreed to make a £140 million strategic investment in Currencies Direct.


5G Open Innovation Lab selects MetaPower to join its startup development program
Published: 09-03-2022 | 11:32:00 | By: Pie Kamau
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).


Plant-based food startup Lypid enters B2B vegan-fat market with $4m seed round to commercialize rich, juicy PhytoFat
Published: 09-03-2022 | 10:32:00 | By: Pie Kamau
Lypid, creator of vegan fats reported to taste and behave like animal fats, announced it has raised a $4 million seed round led by Green Generation Fund with additional support from Big Idea Ventures.


Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Published: 09-03-2022 | 09:50:00 | By: Pie Kamau
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.


German logistics tech startup Forto raises $250m to accelerate international expansion
Published: 08-03-2022 | 11:33:00 | By: Pie Kamau
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.


Cybersecurity startup MindWise launches equity crowdfunding campaign on MicroVentures
Published: 08-03-2022 | 11:09:18 | By: Pie Kamau
Cybersecurity startup MindWise announced the launch of an equity crowdfunding campaign on MicroVentures.


Japanese SocialGood App raises $14.2m for patented crypto back platform
Published: 08-03-2022 | 10:57:00 | By: Pie Kamau
Japanese SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm.


Plug and Play launches in Nur-Sultan, Kazakhstan, in partnership with Transtelecom
Published: 08-03-2022 | 10:42:00 | By: Pie Kamau
Plug and Play, the world's innovation platform connecting startups, investors, and pioneering companies, has announced a new partnership with Transtelecom JSC, one of the largest communication operators in Nur-Sultan, Kazakhstan.


26 startups selected to join African Tech Vision's 2nd mentorship program for African female founders
Published: 08-03-2022 | 10:28:00 | By: Pie Kamau
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd mentorship program.


Capricorn Digital Growth Fund closes at €84.5m to back healthtech, business 4.0 startups in Benelux, Europe
Published: 03-03-2022 | 13:09:00 | By: Pie Kamau
Capricorn Digital Growth Fund closes at €84.5 million to back digital health and business 4.0 startups in Benelux


On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
Published: 03-03-2022 | 12:53:00 | By: Pie Kamau
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.


e-Commerce startup The Host Co. raises $1.85m to revolutionize short-term rental industry
Published: 03-03-2022 | 12:44:00 | By: Pie Kamau
The Host Co., the first-of-its-kind digital commerce marketplace for short-term rentals, announced an oversubscribed $1.85 million seed funding round, led by HearstLab with participation from The Artemis Fund and Untapped Capital.


TDK Ventures invests in climatetech startup Divirod to advance prediction of water-related catastrophes
Published: 03-03-2022 | 12:02:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, invested in Boulder, CO-based climate-tech startup Divirod. Their sensor solution enables high-accuracy risk assessment of water levels.


South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Published: 03-03-2022 | 11:44:00 | By: Pie Kamau
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small and mid-sized retail sector.


Oslo-based management startup Presail closes $1.6m seed round to revolutionize Web 3.0 investments
Published: 02-03-2022 | 14:38:00 | By: Pie Kamau
Oslo-based management startup Presail announced the closing of $1.6 million from a series of reputable venture capital firms and strategic angel investors.


Carrier launches venture firm to accelerate sustainable innovation and disruptive building and cold chain technology
Published: 02-03-2022 | 13:20:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has created Carrier Ventures, a new global venture capital group.


Manufacturing technology startup OPT Industries raises $15m to address demand for novel materials design and production
Published: 02-03-2022 | 12:52:00 | By: Pie Kamau
OPT Industries, the manufacturing technology startup behind the InstaSwab high-efficacy medical applicator, announced it has raised $15 million in Series A financing.


Employee experience startup Whistle closes on $3.2m seed round to accelerate growth
Published: 02-03-2022 | 12:32:00 | By: Pie Kamau
Whistle, a new generation of employee experience platform, announced it has raised a $3.2 million seed funding round led by Dundee Venture Capital (VC). Other investors include Chicago-based M25.


South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
Published: 02-03-2022 | 12:12:00 | By: Pie Kamau
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.


German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
Published: 01-03-2022 | 12:52:00 | By: Pie Kamau
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.


Venture Noire partners with Remote Year to launch global accelerator program for Black and minority startups
Published: 01-03-2022 | 12:28:00 | By: Pie Kamau
Venture Noire, a non-profit organization dedicated to improving black quality of life through economic development, has partnered with Remote Year to expand its signature 8-week accelerator program.


Fintech platform M-KOPA secures $75m growth equity round to scale its African footprint
Published: 01-03-2022 | 12:03:00 | By: Pie Kamau
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, announced its $75 million growth equity round, bringing its total equity funding to $190 million.


Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
Published: 01-03-2022 | 11:58:00 | By: Pie Kamau
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.


IronCore Labs launches program to give two years free data security tools to qualified startups
Published: 01-03-2022 | 10:57:06 | By: Pie Kamau
IronCore Labs, the provider of data security for modern cloud applications, announced the IronCore Labs Startup Program that gives two years of free data security tools to qualified startups.


French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
Published: 01-03-2022 | 10:38:00 | By: Pie Kamau
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).


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.