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Aclid closes $3.3m seed funding to advance biosecurity and compliance
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.
Biotech startup Deka Biosciences closes $20m to advance product pipeline
Maryland-based biotech company Deka Biosciences, has closed $20m financing.
Unlocking the future of drug discovery with AI, BBC Research
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.
UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Clean Food Group has announced a further £2.3m funding.
UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Clean Food Group has announced a strategic collaboration with Alianza Team.
Nature Coatings secures $2.45m funding to accelerate growth
Nature Coatings announced the successful completion of an oversubscribed $2.45 million seed funding round.
Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Meatable has raised $35m in new funding.
Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Bactolife announced it has successfully raised €>30 million.
SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Enzymit announced its success in synthetically producing hyaluronic acid (HA).
NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Startup Creasphere has announced new partnership with NEOM.
TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
TLV Partners announced $1 billion in assets under management (AUM).
Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Tokyo, Japan is an economic powerhouse with its thriving business landscape.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth
Exeliom Biosciences closes its Series A funding at €24 million
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.
Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Camena announced it has closed a $10m Series A financing round.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Pluton Biosciences raises $16.5m Series A funding to fight climate change
Pluton Biosciences announced the close of a $16.5 million Series A funding round.
UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.
Genemod raises $4.5m to become the central research platform for biopharma companies
Genemod, a cloud-based workspace collaboration software for biopharma R&D teams, announced it has raised $4.5 million in seed funding.
TeselaGen offers Starter Edition to help biotech startups scale efficiently
TeselaGen Biotechnology, the developer of AI-enabled Operating System for Biotechnology R&D and Manufacturing, announced the launch of its Starter Edition to support innovative early-stage biotech companies that are ready to scale.
Biotech startup Tiamat Sciences raises $2m seed extension round to accelerate product validation, strategic partnerships
Biotechnology startup Tiamat Sciences, announced its $2 million seed-extension financing round led by 8090 Industries with participation from new and existing investors.
Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.
10 tech startup ideas to follow in 2023
In 2023, tech industries are poised for explosive growth, making it one of the most exciting years for entrepreneurs to pursue tech startup ideas.
Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.
Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.
Italian biotech startup Diamante closes €595K seed round to accelerate growth
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.
Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).
eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.
Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.
Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.
Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.
Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.
German biotech startup Mogling Bio completes first seed investment round from Kizoo
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.
Swiss settlement banking startup Arf raises $13m seed seed round to further develop its blockchain-based technology
Arf, the VQF-regulated global settlement banking platform using Web3 technologies has raised $13 million in a seed round with the participation of industry leaders.
Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.
Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.
[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
CoCo is a social media analysis platform. It helps to increase the effectiveness of advertising campaigns on social networks.
German tech startup NeoCarbon raises €1.25 million to reverse climate change
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,
Fintech startup Tongo raises $7m seed funding to accelerate growth in its real estate market
Tongo, a fintech company realigning income and expenses for the commission economy, announced it has raised $7 million in seed funding.
Plug and Play Alberta announces 50 startups for the second cohort of its accelerator programs
Plug and Play Alberta has announced 50 startups for the second cohort of its industry-specific startup accelerator programs. The companies will participate in one of the following programs: Health, Sustainability, and Sector Agnostic.
South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.
Estonian startup KOOS raises $4m funding to accelerate the new era of ownership
KOOS, an Estonian-based startup, announced $4 million worth of seed funding led by high profile investors at Plural Platform with participation from investors including LocalGlobe, Tiny.vc and Matt Clifford.
Tech startup Coalesce secures $26m Series A funding to reinvent data transformation in the snowflake data cloud
Coalesce.io, the data transformation company, announced it has secured $26 million in Series A funding led by Emergence Capital, with participation from seed investors 11.2 Capital.
Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.
London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.
FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.
UK scaleup White Label Loyalty launches in the U.S.
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.
London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.
Deep tech startup MATSUKO and European telcos partner to develop holographic presence
European telecom operators Deutsche Telekom, Orange, Telefónica and Vodafone, together with the deep tech startup MATSUKO, have conducted a pilot to make holographic calls easy.
Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension.
New Utah startup Oops offers doorstep return pickups for in-store and online purchases
An early-stage startup born in the heart of Utah's Silicon Slopes, Oops is offering doorstep return pickups for in-store and online purchases across the Wasatch Range.
Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.
Dallas-based workforce finance startup Meritize taps JP Morgan vet as Business Development VP
Meritize, developer of merit-based financing solutions and a technology platform that connects career starters and mid-career professionals with high-impact skills training, announced it has hired Jeff Parks as the firm's Vice President of Business Development.
Ghanaian fintech SecondSTAX raises $1.6m pre-seed funding to expand to other countries
Ghanaian fintech SecondSTAX (Secondary Securities Trading and Aggregation eXchange), announced it has raised $1.6 million in pre-seed funding from private investors and venture capital firms, including LoftyInc Capital and STEMeIn.
French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.
Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.
Detroit cloud-based startup KODE Labs raises $8m to advance its smart building platform
KODE Labs, a Detroit cloud-based smart building startup, announced it has raised a Series A investment of $8 million led by I Squared Capital and other strategic investors.
Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.
West african fintech startup Julaya raises $5m extension round to expand its operations
Julaya, a fintech stratup based in Côte d’Ivoire, Senegal and France, announced it has raised $5 million extension round led by European venture capital fund Speedinvest to expand its operations in West Africa.
[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services.
London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.
Norwegian audio-tech startup Nomono secures €3.55m seed round to scale its podcasting and audio solutions
Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, announced the closing of €3.55 million investment round.
NYSHEX closes $25m Series B funding to improve reliability and efficiency of global shipping
NYSHEX, the ocean contract performance technology servive provider,, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated.
CrowdStrike’s Falcon Fund invests in API security startup Salt Security
CrowdStrike, a pioneer in cloud-delivered protection of endpoints, cloud workloads, identity and data, announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the pioneer in Application Programming Interface (API) security.
[Column] Nick Durrant: Lead generation strategies that work
Marketers often focus most of their attention on design aesthetics, ignoring the many other factors that could turn website visitors into hot prospects.
ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
ABB and Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.
Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.
Sustainable and AI concrete startup AICrete raises $4m seed funding to accelerate growth
AICrete, the recipe-as-a-service platform optimizing local materials for cleaner and more cost-efficient concrete, announced it has raised $4 million in a seed funding led by CLEAR Ventures.
Starburst Ventures launches pre-seed and seed fund to focus on aerospace and defense innovation
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, announced the launch of its new early-stage fund.
Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.
Nigerian fintech startup Kippa launches business registration platform to support SMEs
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.
Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.
Ethiopian fintech startup Chapa launches online payment gateway service for businesses
Ethiopian fintech startup Chapa has launched an online payment gateway to enable businesses accept payments from people worldwide.
Healthtech startup Remedial Health secures $4.4m to provide access to credit for pharmacies in Nigeria
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding to accelerate its expansion across Nigeria.
Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.
Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million.
Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders
Human Ventures, one of New York City's premier emerging venture funds, announced an anchor partnership with Bank of America for Human Ventures Fund II.
Israeli data security startup Sentra launches in the U.S.
Sentra, an Israeli cloud data security company, announced its arrival in the U.S. market with the opening of its new North American headquarters in New York City.
Google-backed startup Massage Robotics launches equity crowdfunding via StartEngine
Google-backed startup, Massage Robotics announced the launch of equity crowdfunding via StartEngine, to show how robots can help people heal with free massage therapy.
Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.
Gradient Ventures leads $6m investment in LatAm's tax-technology startup Heru
Heru, an AI-based tax platform that simplifies the tax-filing process and provides intelligent insights for future filings, announced a $6 million seed round led by Gradient Ventures, Google's AI-focused venture fund.
MedGeo secures $4m equity investment and joint venture agreement with Jackson Healthcare company
MedGeo Ventures announced it has secured a $4 million equity investment and joint venture agreement with Jackson Healthcare company.
Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.
Nigerian blockchain payments startup Bitmama closes $2m pre-seed round to scale growth
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million led by Unicorn Growth Capital and Launch Africa.
Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Unicorn Growth Capital and EchoVC have joined the Celo Foundation to support growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.
French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.
Dutch-based Builders studio raises €1.5m for development of HR and proptech startups
Rotterdam-based startup studio Builders has raised €1.5 million in funding in its second closing, to develop HR and proptech startups and start international expansion.
Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.
Security and management supplier Verkada raises $205m to build an operating system for the physical world
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.
India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
India's integrated platform for fruits and vegetables Sahyadri Farms has raised €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.
French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.
Industrial automation and agritech startup Agtonomy closes seed III funding round
Agtonomy, a cutting-edge software and service agritech startup, announced the successful closing of another round of funding for a total investment of $13.5 million.
Tallinn-based climate tech startup Arbonics raises €1.8m pre-seed funding to fight climate change in Europe
Arbonics, a new climate tech startup, is launching its unique data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe.
African fintech startup Flutterwave launches eNaira payments for businesses in Nigeria
Flutterwave, Africa's payments technology company announced its merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of Nigeria.
Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.
Nigerian fintech startup Kippa raises $8.4m seed round to accelerate growth
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round led by Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital.
BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.
Irish e-Commerce growth unicorn Wayflyer secures $253m debt financing from Credit Suisse
Wayflyer, the revenue-based financing and growth platform for e-Commerce businesses, has secured $253 milion debt financing facility from Credit Suisse.
Hyperspec AI startup releases software platform for autonomous driving development
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).
Fintech startup Power emerges from stealth with $16.1m seed funding and $300m credit facility
Power, a fintech startup with plans to reshape global commerce, has finally teased early progress as it emerges from stealth with $16.1m in seed funding, a $300m credit facility, and a fast-growing list of customers.
Carrier Ventures invests in next-gen sustainable technology startups Archilogic, Butlr and Transaera
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has completed three new investments through its Carrier Ventures group.
Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.
Tech startup Alcatraz AI receives $25m Series A funding to accelerate international growth
The European Bank for Reconstruction and Development (EBRD) is supporting the product development, sales and marketing of Bulgaria and US-based tech startup Alcatraz AI with an equity investment, as part of a $25 million.
ff Venture Capital launches first US VC Fund to back Ukrainian founders and startups
ff Venture Capital (ffVC), an early-stage venture firm, has launched the ff Blue & Yellow Heritage Fund, the first US venture capital fund exclusively for Ukrainian founders and startups.
Copenhagen-founded open podcast startup Podimo secures €58.6m funding to accelerate market expansion
Copenhagen-founded startup Podimo, the subscription service for podcasts and audiobooks, announced it has secured another €58.6 million in an up round of funding, led by 83North.
Multimedia startup Tract raises $7m to empower kids develop 21st century skills through content creation
Tract, the online community where kids teach kids through multimedia, announced its $7 million seed funding round led by NEA.
Amcor increases investment in digital flexible packaging startup ePac
Amcor, a global player in developing and producing responsible packaging solutions, announced a further strategic investment of up to $45 million in ePac Flexible Packaging (ePac), a player in high quality, short run length digitally-based flexible packaging.
[Startup Interview] Tesh Mbaabu, CEO, MarketForce, Kenya
Tesh Mbaabu is a serial entrepreneur who lives to blend commerce and technology. He is the Co-founder and CEO of Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa today, MarketForce.
Africa's gender equal tech VC fund Janngo Capital reaches first close of its €60m fund
Janngo Capital Startup Fund (JCSF) has announced its first close at €34 million in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.
Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.
Austrian SaaS startup Shopstory raises €2.2m in second round funding to back e-Commerce brands
Austrian startup Shopstory is raising a million-dollar investment from tecnet equity, Startup300 and business angels Patrick Pöschl (Co-Founder Scalable Capital) and Hansi Hansmann in its second round of financing.
Cyber security starup SaaS Alerts secures $22m to scale its security monitoring and response platform
SaaS Alerts, the cybersecurity company purpose-built for Managed Service Providers (MSPs) to protect and monetize their customers' core business SaaS applications, announced it has secured a $22 million growth investment.
Fireblocks surpasses $100m ARR milestone, cements its status as SaaS centaur
Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million.
Newly launched Accelerator Geekz Ventures joins Techstars Foundation
Atlanta-based entrepreneur Kunbi Tinuoye's new initiative to support minority founders has been selected to participate in the highly competitive Techstars Foundation's Accelerate Equity cohort.
Smart energy startup Flair raises $7.6m Series A funding to expand climate tech for home and grid
Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, announced the closing of a $7.6 million Series A funding round.
Google announces 60 African startups selected for its second Black Founders Fund
Google has announced 60 qualifiers for its Google for Startups Black Founders Fund (BFF) for African startups.
Nigerian fintech startup NowNow raises $13m seed round to expand across Africa
Nigerian fintech startup NowNow Digital Systems has raised $13 million in its seed round for expansion across Africa.
Waya digital banking startup for African immigrants goes official
Waya, a Kenyan and US-based fintech startup has announced the official launch of its full-service digital bank and money transfer app targeting the African Diaspora.
Fintech startup Duplo raises $4.3m seed funding to transform business-to-business payments in Nigeria
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.
San Francisco-based startup HumanQ raises $2m seed round to expand its technology products
San Francisco-based HumanQ (formerly known as Experiential Insight), announced a $2 million seed round of funding, led by Kindred Ventures, to further expand on its technology products.
Constitutional Reserve Fund of Monaco allocates €10m to London-based Ocean 14 Capital impact fund
The Ocean 14 Capital fund, which focuses exclusively on the multi-trillion-dollar ‘blue economy’, has received a commitment of €10 million from the Constitutional Reserve Fund of Monaco to support its mission of funding sustainable solutions.
BioInnovation Institute announces new cohort of companies entering the Venture Lab program
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.
Polish startup DoxyChain raises €2.2m early seed funding to expedite security in document management
DoxyChain, a Polish startup building a solution for traditional document management transition to web 3.0 world, announced it has raised €2.2 million from international investors to power its growth.
Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.
Edge computing startup EDJX appoints Benjamin Thomas as new CEO, raises seed funding round
EDJX, the pioneer in decentralized global serverless edge computing, announced it has hired a new CEO while simultaneously raising a seed round of funding.
Singapore-based web3 cybersecurity startup Silence Laboratories raises $1.7m seed funding to acccelerate growth
Silence Laboratories, a web3 focused cybersecurity startup working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding.
Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.
Infrastructure and private equity investment manager Foresight launches in Dublin, Ireland
Foresight Group (Foresight), a private equity and infrastructure investment manager, has announced the opening of its new office in Dublin, Ireland.
Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding.
Puna Bio startup raises $3.7m seed funding to restore soil health with desert microbes
Puna Bio announced $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn.
Customer engagement startup OneSignal raises $50m Series C funding to accelerate global expansion
OneSignal, the the customer engagement platform, secured $50 million in Series C funding to advance its unified messaging and orchestration capabilities, enhance its mobile data-driven email product.
African fintech startup Flutterwave secures switching and processing license from Central Bank of Nigeria
Flutterwave, Africa's payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN), widely regarded as CBN's most valuable payments processing license.
Japanese foodtech startup Yo-Kai Express partners with IPPUDO and TableMark to bring ramen and udon dishes to its autonomous restaurant platform
Yo-Kai Express announced new partnerships with TableMark and Chikaranomoto, to jointly develop and market varieties of new udon and ramen menu options.
Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.
London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act.
Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.
Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber.
Kenyan fintech startup Pezesha raises $11m to expand across Africa
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.
Kenyan B2B e-Commerce startup Wasoko opens innovation hub in Zanzibar
Wasoko (formerly Sokowatch), an African B2B e-Commerce startup that leverages technology to transform the informal retail supply chain, announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government.
Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.
BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.
West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.
Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.
Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.
Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.
Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.
London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.
Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.
Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.
Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.
Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.
Salaries for startup CEOs break records, Kruze Consulting
Kruze Consulting, a CPA and finance consulting company for VC-backed startups, released new data on the average salary for startup CEOs.
Biotech startup AskGene completes of $20m Series A financing to accelerate growth
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.
Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.
SeaX Ventures launches $60m Fund II to help international startups expand into Southeast Asia
SeaX Ventures (Southeast Asia Exponential Ventures), announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia.
Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.
TandemAI raises $25 Million Seed & Pre-series financing to expand its wet lab operations
TandemAI has announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations.
Biotech startup Tiamat Sciences raises $3m to manufacture plant-based biomolecules
Biotechnology startup Tiamat Sciences announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos.
Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.
Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.
Dalan Animal Health startup raises $1.9m seed funding for development of a breakthrough honeybee vaccine
Dalan Animal Health, Inc., a biotech company developing vaccines for new age production animals, announced it has closed funding for a $1.9 million seed round.
Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.
Illumina Accelerator invests in seven genomics startups for 3rd global cycle
Illumina has selected seven new genomics companies to join the third global funding cycle of Illumina Accelerator. The global company creation engine, focused on partnering with entrepreneurs to build breakthrough genomics startups.
South African biotech startup LifeQ secures $47m in Series A funding
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.
Biotech startup Eliem Therapeutics closes $60m Series B financing
Eliem Therapeutics, a clinical-stage biotechnology company focused on developing novel therapies for neuronal excitability disorders to address unmet needs in disorders of the peripheral and central nervous systems, announced the closing of a $60 million Series B financing.
Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.
Mental health biotech startup Gilgamesh Pharmaceuticals closes $27m Series A round
Gilgamesh Pharmaceuticals, a mental health science focused biotechnology company utilizing psychedelic-related medicines for the treatment of neuropsychiatric conditions, today announced the closing of a $27 million Series A round of funding.
Biotech startup ResBiotic raises $3m seed round, announces leadership team
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.
Danish biotech startup Adcendo raises €51m to advance novel antibody-drug conjugates for cancers treatment
Adcendo, a biotech company developing antibody-drug conjugates (ADCs) for the treatment of cancers, announced the successful closing of €51 million Series A financing to advance novel antibody-drug conjugates for treatment of cancers.
Finnish biotech startup Carbo Culture sets to remove 1billion tons of carbon from atmosphere by 2030
Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.
Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.
Nano raises $90m pre-IPO funding round to accelerate growth
Nano Cures (Nano), a clinical stage biotechnology and infectious disease immunity platform company, announced a $90 million pre-IPO funding round.
Biopharmaceutical startup Teon Therapeutics completes $30m Series A financing for expansion
Teon Therapeutics, a biopharmaceutical company developing small molecules that inhibit the immunosuppressive and cancer-promoting signaling pathways, announced the completion of a $30 million Series A financing.
Fertility marketplace startup GoStork raises $760k in first seed round funding for expansion
GoStork, the first fertility marketplace, announced its first round of seed funding in the amount of $760,000 for the expansion of services, providers and key staff to simplify the first steps in the family building journey.
Biotech startup Micronoma raises $3.5m in convertible note financing
Micronoma, the first cancer detection biotech company that utilizes signals from the tumor-related microbiome to diagnose cancer at an early stage with liquid biopsy technology, announced the closing of $3.5 million in convertible debt financing.
Adjuvant Capital announces $300m venture fund to improve global public health
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.
Investment in Forward BIOLABS paying off for bioscience startups
Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.
Scientific startups investor Prime Movers Lab expands life sciences practice
Prime Movers Lab, an investor in breakthrough scientific startups that will revolutionize the world's most important industries and transform billions of lives, announced that it is expanding its efforts in the life sciences.
MindMed partners with Swiss psychedelic drug discovery startup MindShift Compounds to patent next-gen psychedelic compounds
MindMed, a psychedelic medicine biotech company announced a new partnership with Swiss startup MindShift Compounds AG to develop and patent next-gen psychedelic compounds with psychedelic or empathogenic properties.
Proxima Ventures, Co-win Ventures invest in Bioelectronica to accelerate pharmaceutical discovery and development
Bioelectronica announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics.
Biotech Executive Elizabeth Cormier-May appointed new CEO for women's health startup Mammogen
Mammogen, Inc., a women's health startup born at the intersection of data, technology and science, and Bench International, a leading global executive search firm, jointly announce the appointment of Elizabeth Cormier-May as Chief Executive Officer.
Biotech startup Vera Therapeutics launches with $80m Series C financing to develop phase 2b novel biologic for kidney disease
Vera Therapeutics, a clinical-stage biotechnology company focused on developing treatments for immunological and inflammatory diseases, announced its launch backed by $80 million Series C financing led by Abingworth LLP.
Biotech startup AltPep raises $23m jumpstarting work on Alzheimer's disease
AltPep Corporation, a privately held biomedical company focused on diagnosing and treating Central Nervous System amyloid disorders, starting with Alzheimer's Disease, announced it closed a $23.150 million Series A investment round.
Novo Seeds' IO Biotech completes oversubscribed €127m Series B financing to accelerate clinical programs in oncology
Novo Seeds announced its portfolio company, IO Biotech, a clinical-stage biopharmaceutical company developing novel, immune-modulating anti-cancer therapies, raised €127 million in Series B financing.
UK biotech startup Theolytics raises £5m Series A round to advance viral cancer therapies
Theolytics, a UK biotech harnessing viruses to combat cancer, announced the closing of £5 million Series A round, co-led by Epidarex Capital and Taiho Ventures LLC with participation from existing investor, Oxford Sciences Innovation (OSI).
CerraCap Ventures invests in biopharma AI startup Totient
CerraCap Ventures announced its third health-tech investment in Totient, an artificial intelligence-driven drug discovery platform that identifies and harnesses human-derived antibodies from individuals with exceptional immune responses.
Biotech startup Indee Labs announces successful early access program launch
Indee Labs announced the addition of three of the largest pharmaceutical companies, multiple biotechnology companies as well as Stanford's Cell Therapy Clinic and Moffitt Cancer Center, to participate in its Early Access Program.
Biotech startup TurtleTree Labs raises $6.2m in Pre-A funding round
TurtleTree Labs, a biotech company pioneering the method to produce milk using cell-based technology, announced the close of an oversubscribed $6.2 million Pre-A funding round from new and existing global investors.
Biometrics startup Levels raises $12m seed round to mainstream Biowearables, improve metabolic health
Levels, the first biowearable system to provide real-time feedback on how your diet impacts your health announced a $12 million seed round led by a16z, one of Silicon Valley's top venture capital firms.
Biotech startup Mekonos raises $4.6m for its gene engineering platform
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.
Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.
Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.
Cognoptix secures $2.6 million financing to advance Alzheimer’s disease test
Cognoptix, a US healthcare company developing the Sapphire II System, a breakthrough technology for early detection of Alzheimer's disease (AD), has announced the closing of an over-subscribed Series R financing round.
Siolta Therapeutics raises $30 million funding for treatment of allergic diseases
Siolta Therapeutics, a clinical-stage biotech company in the US, has raised $30 million in a series B investment round to support the clinical development of its lead product.
Phytolon secures $4.1 million funding for natural food colour tech
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.
Ireland biotech startup Inflazome acquired by Roche for €380 million
Inflazome has announced that it has closed a share purchase agreement with Roche in which Inflazome’s shareholders received an upfront payment of €380 million.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here