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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3834361 | 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.


French startup Kamino Retail raises €1.25m pre-seed round to accelerate growth
Published: 29-09-2023 | 12:27:00 | By: Pie Kamau
Kamino Retail announced a pre-seed funding of €1.25m from business angels.


Swedish tech lender Ark Kapital appoints Annika Falkengren to the Board
Published: 29-09-2023 | 11:41:00 | By: Pie Kamau
The Swedish Ark Kapital has appointed Annika Falkengren to its Board of Directors.


Lumi secures seed funding to revolutionize disposable packaging industry with LumiCup
Published: 29-09-2023 | 11:10:00 | By: Pie Kamau
Lumi announced the closing of its seed funding round.


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.


Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Published: 29-09-2023 | 09:47:00 | By: Pie Kamau
Senser has emerged from stealth with $9.5m in seed funding.


South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Published: 28-09-2023 | 15:55:00 | By: Pie Kamau
Revio has announced a seed investment round of $5.2m.


Healthtech SaaS startup Doceree raises $35m to accelerate growth
Published: 28-09-2023 | 15:35:00 | By: Pie Kamau
Doceree, the global network of physician-only platforms for programmatic messaging, announced a $35m Series B round.


UnitX raises $5m to elevate manufacturing quality with AI-powered defect detection
Published: 28-09-2023 | 15:20:00 | By: Pie Kamau
UnitX has announced a $5m investment from SE Ventures.


LinkedIn names renewable power producer BrightNight as top U.S. startup
Published: 28-09-2023 | 14:57:00 | By: Pie Kamau
BrightNight has been named as top U.S. startup by LinkedIn.


MassChallenge opens call for its 2024 fintech accelerator program
Published: 28-09-2023 | 14:38:00 | By: Pie Kamau
MassChallenge FinTech has opened applications for its sixth fintech accelerator program.


Paris-based startup Ondorse raises €3.8m to expand KYC solution in Europe
Published: 27-09-2023 | 13:49:00 | By: Pie Kamau
Ondorse, a business KYC solution, has raised  €3.8m seed round.


Data from 400+ startups indicates massive SVB and FRB fallout on startup banking sector
Published: 27-09-2023 | 11:56:00 | By: Pie Kamau
Kruze Consulting has analyzed banking data from 400+ startups.


AI testing startup Kolena secures $15m Series A investment to accelerate growth
Published: 27-09-2023 | 11:42:00 | By: Pie Kamau
Kolena has secured $15 million in a Series A funding.


SUNeVision launches first startup programme to advance innovations in Hong Kong
Published: 27-09-2023 | 11:17:00 | By: Pie Kamau
SUNeVision has announced the launch of its first startup programme.


Backbase partners with FrankieOne to provide digital onboarding solutions in Australia
Published: 27-09-2023 | 10:10:00 | By: Pie Kamau
Backbase announced its strategic partnership with FrankieOne.


AI-powered startup Giftpack closes $4.3m seed round to streamline corporate gifting
Published: 26-09-2023 | 13:00:00 | By: Pie Kamau
Giftpack AI announced the completion of its seed round led by Chang Hai Lin.


Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Published: 26-09-2023 | 12:26:00 | By: Pie Kamau
Swedish startup QA.tech has raised $1m in pre-seed funding round.


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.


Techstars invests in ILUMA AI, the AI copilot for C-levels and team leads
Published: 26-09-2023 | 11:49:00 | By: Pie Kamau
Techstars, a pre-seed and early stage venture capital firm, has announced its investment in ILUMA AI.


Google for Startups Growth Academy: AI for Health unveils the 2023 cohort
Published: 26-09-2023 | 10:54:00 | By: Pie Kamau
The Google for Startups Growth Academy: AI for Health has unveiled its 2023 cohort.


IFC invests in e-Commerce platform ANKA to support Africa’s creative Artisans
Published: 25-09-2023 | 17:29:00 | By: Pie Kamau
IFC has invested $3.4m equity investment in African e-Commerce platform ANKA.


Genus AI secures over $6m seed extension round for Generative AI in e-Commerce
Published: 25-09-2023 | 15:01:00 | By: Pie Kamau
Genus AI, a generative AI platform, has secured over $6m in a seed round extension


Hexagon announces nine startups set to transform manufacturing sustainability and digital reality
Published: 25-09-2023 | 14:49:00 | By: Pie Kamau
Hexagon has announced the nine startups chosen for its third Sixth Sense cohort.


Unitus Ventures, Capria Ventures unite to create Global South VC powerhouse
Published: 25-09-2023 | 14:19:00 | By: Pie Kamau
Unitus Ventures announced it is joining forces with its US affiliate Capria Ventures.


[Column] Sandi de Souza: Why top-performing companies use AI to boost procurement
Published: 22-09-2023 | 14:57:00 | By: Pie Kamau
Leading organisations are augmenting their source-to-pay processes with AI


Flapmax announces 12 African startups selected for FAST Accelerator program
Published: 21-09-2023 | 13:42:00 | By: Pie Kamau
Flapmax announced the twelve companies selected for FAST Accelerator program.


Openvolt raises €1.5m to enable the next generation of energy applications
Published: 21-09-2023 | 13:25:00 | By: Pie Kamau
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.


Kayna insurtech raises €1m to revolutionize small business insurance
Published: 21-09-2023 | 12:56:00 | By: Pie Kamau
Kayna insurtech has closed a €1m pre-seed funding round.


HealNow secures $5.5m seed funding to transform pharmacy payments experience
Published: 21-09-2023 | 12:26:00 | By: Pie Kamau
HealNow has announced a $5.5m seed round led by Bonfire Ventures.


AI will create more jobs than it replaces, report
Published: 21-09-2023 | 12:01:00 | By: Pie Kamau
Amid rapid digital transformation across the workforce, nearly two-thirds of business leaders believe AI will spur the creation of new jobs.


HiddenLayer raises $50m Series A funding to safeguard AI
Published: 20-09-2023 | 14:24:00 | By: Pie Kamau
HiddenLayer, the security provider for AI models and assets, has raised $50 million in Series A funding.


7Rivers launches in Milwaukee with Snowflake partnership
Published: 20-09-2023 | 14:12:00 | By: Pie Kamau
7Summits Founder Paul Stillmank and industry veterans have announced the launch of 7Rivers.


BitX Capital pioneers startup business loans with no money required
Published: 20-09-2023 | 13:47:00 | By: Pie Kamau
BitX Capital has introduced an innovative solution for budding entrepreneurs.


UAE-based digital assets startup Fuze raises $14m seed round
Published: 20-09-2023 | 13:34:00 | By: Pie Kamau
Fuze has unveiled a record-breaking seed round of $14 million.


Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Published: 20-09-2023 | 12:57:00 | By: Pie Kamau
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.


Plan A closes $27m to scale its business decarbonisation platform
Published: 19-09-2023 | 14:16:00 | By: Pie Kamau
Plan A has closed $27m funding round led by Lightspeed Venture Partners.


Indigo Ag accelerates sustainability programs for farmers with $250m fundraise
Published: 19-09-2023 | 13:50:00 | By: Pie Kamau
Indigo Ag has raised $250m to drive innovation and sustainability.


[Electric pickups] The next big EV opportunity, IDTechEx
Published: 19-09-2023 | 13:12:00 | By: Pie Kamau
Electrification in the US is at an earlier stage than other regions globally.


Generative AI startup Yurts raises $16m Series A funding to accelerate growth
Published: 19-09-2023 | 12:40:00 | By: Pie Kamau
Yurts announced a $16 million Series A to support its acceleration into the market.


Five Kenyan cleantech startups selected for JICA’s Project NINJA accelerator
Published: 19-09-2023 | 12:11:00 | By: Pie Kamau
Five Kenyan cleantech startups have been selected for the 3rd cohort of JICA.


Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Published: 15-09-2023 | 14:10:00 | By: Pie Kamau
Defence AI company Helsing, announced it has raised €209m Series B funding.


Hyundai Mobis expands its discovery of Silicon Valley mobility startups in the US
Published: 15-09-2023 | 13:24:00 | By: Pie Kamau
Hyundai Mobis is expanding its investments in global startups.


Montreal startup Urbanoid files patent for AI solution based on location intelligence
Published: 15-09-2023 | 13:13:00 | By: Pie Kamau
Urbanoid has developed an innovative technology for marketers to target ads.


Nigerian mobility startup Mecho Autotech raises $2.4m, ventures into wholesale spare parts distribution
Published: 15-09-2023 | 13:02:00 | By: Pie Kamau
Nigerian mobility startup Mecho Autotech, has closed $2.4m pre-Series A investment.


Touring Capital launches to invest in next-gen early growth stage SaaS startups
Published: 15-09-2023 | 12:43:00 | By: Pie Kamau
Venture Capital Veterans announced the launch of Touring Capital.


Anita Rehman joins deep tech venture firm Celesta Capital as Partner
Published: 14-09-2023 | 12:17:15 | By: Pie Kamau
Celesta Capital has appointed Anita Rehman as Partner.


Ugandan Agritech startup Emata raises $2.4m seed funding
Published: 14-09-2023 | 11:55:00 | By: Pie Kamau
Ugandan agritech startup Emata has raised $2.4 million in seed funding.


Plug and Play, Visa launch Inclusive Fintech Accelerator to advance diverse founders in fintech
Published: 14-09-2023 | 11:32:00 | By: Pie Kamau
Plug and Play and Visa have launched Inclusive Fintech Accelerator program.


Creative tech startup Artlist launches 100K Fund to support video creators
Published: 14-09-2023 | 11:11:00 | By: Pie Kamau
Artlist has launched a 100K Fund, a unique one-time grant offered to creators.


Aussie startup Refilled launches to save single-use plastic bottles sold from vending machines
Published: 14-09-2023 | 10:49:00 | By: Pie Kamau
Refilled, a climate tech startup, has been launched.


Pink Shark PR launches Startup Press Accelerator program
Published: 13-09-2023 | 16:03:58 | By: Pie Kamau
Pink Shark PR has launched first of its kind Startup Press Accelerator program.


Treefera secures $2.2m to revolutionize carbon offsetting through AI-driven transparency
Published: 13-09-2023 | 15:45:00 | By: Pie Kamau
Treefera announced the successful closure of a $2.2 million pre-seed funding round.


Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Published: 13-09-2023 | 15:30:00 | By: Pie Kamau
Mythic Protocol has closed an oversubscribed $6.5 million seed round.


London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
Published: 13-09-2023 | 14:49:00 | By: Pie Kamau
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.


Big name VCs back startup to solve multi-billion dollar banking problem
Published: 13-09-2023 | 13:41:08 | By: Pie Kamau
Fintech startup N5 has secured the backing of a number of high profile investors.


London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Published: 12-09-2023 | 12:36:00 | By: Pie Kamau
Binalyze has raised $19m Series A round of funding.


Catalyst Fund marks its first close to back climate tech startups in Africa
Published: 12-09-2023 | 12:14:00 | By: Pie Kamau
The Catalyst Fund has reached the first close of its targeted $40m fund.


South Korean edtech startup Mathpresso secures $8m to accelerate growth
Published: 12-09-2023 | 11:41:00 | By: Pie Kamau
Mathpresso has raised $8m from Korea's telecom giant, KT.


Indian healthtech startup Bonatra launches Wearable Smart Rings for wellness
Published: 12-09-2023 | 11:13:00 | By: Pie Kamau
Healthtech startup Bonatra has launched Wearable Smart Rings.


YC-backed Hadrius raises $2m seed round to power SEC compliance using AI
Published: 12-09-2023 | 11:01:00 | By: Pie Kamau
Hadrius has secured $2m in seed funding to automate SEC compliance.


UK-based Open Cosmos raises $50m to grow its sustainable space tech and satellite data
Published: 11-09-2023 | 12:03:00 | By: Pie Kamau
Open Cosmos has raised $50m in Series B funding.


Investor-founder disconnect poses major threat to African tech funding
Published: 11-09-2023 | 11:39:00 | By: Pie Kamau
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.


Fine art tech startup TRLab raises $5m to accelerate growth
Published: 11-09-2023 | 11:11:00 | By: Pie Kamau
Fine art-focused tech startup TRLab, has raised $5m in seed round funding.


Start WellTech opens global call for market-ready mental health and wellness startups
Published: 11-09-2023 | 10:53:00 | By: Pie Kamau
Start WellTech has opened a call for market-ready mental health and wellness startups.


AWS Senior Principal Mike Spertus joins Generative AR startup Enklu as CTO
Published: 11-09-2023 | 10:40:00 | By: Pie Kamau
Enklu has announced the appointment of Mike Spertus as the new CTO.


Agetech startup Blooming Health raises $4.2m to power healthy aging-in-place
Published: 07-09-2023 | 16:09:00 | By: Pie Kamau
Blooming Health announced the close of an oversubscribed $4.2m seed round


[Column] Vignesh Subramanian: Harnessing Generative AI in the enterprise
Published: 07-09-2023 | 15:52:00 | By: Pie Kamau
AI has certainly been hitting the headlines in 2023.


We Venture Capital launches to invest in early-stage diagnostics startups
Published: 07-09-2023 | 15:25:00 | By: Pie Kamau
We Venture Capital, the venture capital operation of Werfen, announced its launch.


Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Published: 07-09-2023 | 15:11:00 | By: Pie Kamau
Taurean Surgical has announced a significant pre-seed funding round.


Irish Tech Challenge 2023 for tech startups launches in South Africa
Published: 07-09-2023 | 14:48:00 | By: Pie Kamau
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.


Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Published: 06-09-2023 | 10:44:00 | By: Pie Kamau
Novatron Fusion announced the successful closure of its seed round, raising €5m.


Dutch-based EIT InnoEnergy secures over €140m to accelerate growth of its portfolio companies
Published: 06-09-2023 | 10:30:00 | By: Pie Kamau
EIT InnoEnergy has successfully completed its private placement round of over €140m.


ReOrbit completes oversubscribed $7.4m seed funding to enable real-time dataflow in space
Published: 06-09-2023 | 10:04:00 | By: Pie Kamau
ReOrbit has completed an oversubscribed Seed funding round for $7.4 million


Explainable-AI startup ZAC achieves precise 3D descriptions of objects for US Air Force
Published: 06-09-2023 | 09:49:00 | By: Pie Kamau
ZAC has achieved precise 3D descriptions and measurements for US Air Force.


Japanese startup Josys raises $93m Series B funding to revolutionize global IT operations
Published: 06-09-2023 | 09:33:00 | By: Pie Kamau
Josys announced a successful Series B funding round of $93 million.


[Column] Marcel Bruyns: AI is getting smarter and critical infrastructure is set to benefit
Published: 05-09-2023 | 16:00:00 | By: Pie Kamau
AI has emerged as a defining trend in today's business arena.


Harmonya raises $20m Series A to transform CPG and retail with AI-powered product data
Published: 05-09-2023 | 15:51:00 | By: Pie Kamau
Harmonya announced a $20m Series A, bringing total funding to $25 million.


[Column] Dong Won Lee: Tech innovations should enrich the total customer experience
Published: 05-09-2023 | 15:20:00 | By: Pie Kamau
New technologies are now ingrained in our lives.


Rockset raises $44m in funding to power search, analytics, and AI applications
Published: 05-09-2023 | 14:51:00 | By: Pie Kamau
Rockset has raised $44 million bringing total capital raised to $105 million.


Nevia Bio completes $3m seed round to build a platform for early detection of women-related diseases
Published: 04-09-2023 | 15:40:00 | By: Pie Kamau
Nevia Bio has completed $3.1m seed round.


Miri announces first-of-its kind AI health and wellness platform
Published: 04-09-2023 | 15:08:00 | By: Pie Kamau
Miri, the first-of- its-kind AI health and wellness  platform, has announced its public beta launch.


Kids footwear brand jbrds closes $500k seed round, establishes $5m valuation
Published: 04-09-2023 | 14:56:00 | By: Pie Kamau
jbrds has subscribed a modest seed round of $500k, establishing a $5,000,000 valuation.


Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Published: 04-09-2023 | 14:00:00 | By: Pie Kamau
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.


French startup Teale secures €10m to become the European leader in mental health
Published: 01-09-2023 | 12:38:00 | By: Pie Kamau
Parisian Digital mental health platform Teale, has raised €10m second round of funding.


Cikisi raises €2.7m pre-Series A round to accelerate growth and extend its market
Published: 01-09-2023 | 11:44:00 | By: Pie Kamau
To fuel its growth over the next two years, Cikisi has raised €2.7 million this summer.


Liviri launches independent e-Grocer grant program
Published: 01-09-2023 | 11:14:00 | By: Pie Kamau
Liviri is launching its first-ever e-Grocer grant program – an initiative that will award resources to an independent grocer.


[Introducing Vouch Horizon] A new approach to insurance for scale-stage startups
Published: 01-09-2023 | 10:47:00 | By: Pie Kamau
Vouch, a pioneer in business insurance for VC-backed startups, unveils Vouch Horizon.


Startup Chai offers salary of $875K to compete with OpenAI for Generative AI talent
Published: 01-09-2023 | 10:32:00 | By: Pie Kamau
Chai Research is offering salaries exceeding $875K to compete with OpenAI.


UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Published: 16-08-2023 | 10:15:00 | By: Pie Kamau
Clean Food Group has announced a further £2.3m funding.


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


Nature Coatings secures $2.45m funding to accelerate growth
Published: 10-08-2023 | 16:19:00 | By: Pie Kamau
Nature Coatings announced the successful completion of an oversubscribed $2.45 million seed funding round.


Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Published: 08-08-2023 | 12:42:00 | By: Pie Kamau
Meatable has raised $35m in new funding.


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


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


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


TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
Published: 18-07-2023 | 10:16:00 | By: Pie Kamau
TLV Partners announced $1 billion in assets under management (AUM).


Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Published: 12-07-2023 | 11:15:00 | By: Pie Kamau
Tokyo, Japan is an economic powerhouse with its thriving business landscape.


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


Exeliom Biosciences closes its Series A funding at €24 million
Published: 03-07-2023 | 13:32:00 | By: Pie Kamau
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.


Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Published: 03-07-2023 | 13:06:00 | By: Pie Kamau
Camena announced it has closed a $10m Series A financing round.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


Pluton Biosciences raises $16.5m Series A funding to fight climate change
Published: 26-05-2023 | 10:31:00 | By: Pie Kamau
Pluton Biosciences announced the close of a $16.5 million Series A funding round.


UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Published: 17-05-2023 | 13:27:00 | By: Pie Kamau
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.


Genemod raises $4.5m to become the central research platform for biopharma companies
Published: 05-05-2023 | 17:10:00 | By: Pie Kamau
Genemod, a cloud-based workspace collaboration software for biopharma R&D teams, announced it has raised $4.5 million in seed funding.


TeselaGen offers Starter Edition to help biotech startups scale efficiently
Published: 23-03-2023 | 14:04:00 | By: Pie Kamau
TeselaGen Biotechnology, the developer of AI-enabled Operating System for Biotechnology R&D and Manufacturing, announced the launch of its Starter Edition to support innovative early-stage biotech companies that are ready to scale.


Biotech startup Tiamat Sciences raises $2m seed extension round to accelerate product validation, strategic partnerships
Published: 13-03-2023 | 12:31:00 | By: Pie Kamau
Biotechnology startup Tiamat Sciences, announced its $2 million seed-extension financing round led by 8090 Industries with participation from new and existing investors.


Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Published: 06-03-2023 | 10:05:00 | By: Pie Kamau
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.


10 tech startup ideas to follow in 2023
Published: 07-02-2023 | 12:00:00 | By: Bob Koigi
In 2023, tech industries are poised for explosive growth, making it one of the most exciting years for entrepreneurs to pursue tech startup ideas.


Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Published: 03-02-2023 | 12:38:00 | By: Pie Kamau
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.


Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Published: 26-01-2023 | 13:02:00 | By: Pie Kamau
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.


Italian biotech startup Diamante closes €595K seed round to accelerate growth
Published: 17-01-2023 | 10:57:00 | By: Pie Kamau
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.


Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


Swiss settlement banking startup Arf raises $13m seed seed round to further develop its blockchain-based technology
Published: 26-10-2022 | 10:00:00 | By: Pie Kamau
Arf, the VQF-regulated global settlement banking platform using Web3 technologies has raised $13 million in a seed round with the participation of industry leaders.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.


Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Published: 12-09-2022 | 11:57:00 | By: Pie Kamau
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.


Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.


Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Published: 25-08-2022 | 11:38:00 | By: Pie Kamau
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.


BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
Published: 02-08-2022 | 13:12:00 | By: Pie Kamau
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.


Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Published: 01-08-2022 | 10:48:00 | By: Pie Kamau
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.


Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.


Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.


London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Published: 20-06-2022 | 12:31:00 | By: Pie Kamau
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.


Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
Published: 17-06-2022 | 15:03:00 | By: Pie Kamau
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.


Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.


Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Published: 31-05-2022 | 12:01:00 | By: Pie Kamau
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.


Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Published: 23-05-2022 | 13:08:00 | By: Pie Kamau
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.


Salaries for startup CEOs break records, Kruze Consulting
Published: 11-05-2022 | 11:26:00 | By: Pie Kamau
Kruze Consulting, a CPA and finance consulting company for VC-backed startups, released new data on the average salary for startup CEOs.


Biotech startup AskGene completes of $20m Series A financing to accelerate growth
Published: 10-05-2022 | 10:45:00 | By: Pie Kamau
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.


Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Published: 03-05-2022 | 16:46:00 | By: Pie Kamau
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.


SeaX Ventures launches $60m Fund II to help international startups expand into Southeast Asia
Published: 05-04-2022 | 13:54:00 | By: Pie Kamau
SeaX Ventures (Southeast Asia Exponential Ventures), announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia.


Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Published: 28-03-2022 | 16:46:00 | By: Pie Kamau
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.


TandemAI raises $25 Million Seed & Pre-series financing to expand its wet lab operations
Published: 24-12-2021 | 09:09:54 | By: Bob Koigi
TandemAI has announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations.


Biotech startup Tiamat Sciences raises $3m to manufacture plant-based biomolecules
Published: 25-11-2021 | 10:55:00 | By: Pie Kamau
Biotechnology startup Tiamat Sciences announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos.


Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Published: 18-11-2021 | 08:56:00 | By: Pie Kamau
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.


Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Published: 28-10-2021 | 09:32:00 | By: Pie Kamau
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.


Dalan Animal Health startup raises $1.9m seed funding for development of a breakthrough honeybee vaccine
Published: 06-10-2021 | 14:03:00 | By: Pie Kamau
Dalan Animal Health, Inc., a biotech company developing vaccines for new age production animals, announced it has closed funding for a $1.9 million seed round.


Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Published: 17-09-2021 | 12:24:00 | By: Pie Kamau
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.


Illumina Accelerator invests in seven genomics startups for 3rd global cycle
Published: 16-09-2021 | 11:55:00 | By: Pie Kamau
Illumina has selected seven new genomics companies to join the third global funding cycle of Illumina Accelerator. The global company creation engine, focused on partnering with entrepreneurs to build breakthrough genomics startups.


South African biotech startup LifeQ secures $47m in Series A funding
Published: 28-05-2021 | 13:59:00 | By: Pie Kamau
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.


Biotech startup Eliem Therapeutics closes $60m Series B financing
Published: 24-05-2021 | 13:46:00 | By: Pie Kamau
Eliem Therapeutics, a clinical-stage biotechnology company focused on developing novel therapies for neuronal excitability disorders to address unmet needs in disorders of the peripheral and central nervous systems, announced the closing of a $60 million Series B financing.


Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.


Mental health biotech startup Gilgamesh Pharmaceuticals closes $27m Series A round
Published: 07-05-2021 | 12:00:00 | By: Pie Kamau
Gilgamesh Pharmaceuticals, a mental health science focused biotechnology company utilizing psychedelic-related medicines for the treatment of neuropsychiatric conditions, today announced the closing of a $27 million Series A round of funding.


Biotech startup ResBiotic raises $3m seed round, announces leadership team
Published: 30-04-2021 | 12:49:00 | By: Pie Kamau
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.


Danish biotech startup Adcendo raises €51m to advance novel antibody-drug conjugates for cancers treatment
Published: 29-04-2021 | 09:37:00 | By: Pie Kamau
Adcendo, a biotech company developing antibody-drug conjugates (ADCs) for the treatment of cancers, announced the successful closing of €51 million Series A financing to advance novel antibody-drug conjugates for treatment of cancers.


Finnish biotech startup Carbo Culture sets to remove 1billion tons of carbon from atmosphere by 2030
Published: 15-04-2021 | 09:12:00 | By: Pie Kamau
Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.


Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Published: 24-03-2021 | 15:37:00 | By: Pie Kamau
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.


Nano raises $90m pre-IPO funding round to accelerate growth
Published: 15-03-2021 | 15:13:00 | By: Pie Kamau
Nano Cures (Nano), a clinical stage biotechnology and infectious disease immunity platform company, announced a $90 million pre-IPO funding round.


Biopharmaceutical startup Teon Therapeutics completes $30m Series A financing for expansion
Published: 24-02-2021 | 12:54:00 | By: Pie Kamau
Teon Therapeutics, a biopharmaceutical company developing small molecules that inhibit the immunosuppressive and cancer-promoting signaling pathways, announced the completion of a $30 million Series A financing.


Fertility marketplace startup GoStork raises $760k in first seed round funding for expansion
Published: 24-02-2021 | 12:41:00 | By: Pie Kamau
GoStork, the first fertility marketplace, announced its first round of seed funding in the amount of $760,000 for the expansion of services, providers and key staff to simplify the first steps in the family building journey.


Biotech startup Micronoma raises $3.5m in convertible note financing
Published: 23-02-2021 | 08:52:00 | By: Pie Kamau
Micronoma, the first cancer detection biotech company that utilizes signals from the tumor-related microbiome to diagnose cancer at an early stage with liquid biopsy technology, announced the closing of $3.5 million in convertible debt financing.


Adjuvant Capital announces $300m venture fund to improve global public health
Published: 19-02-2021 | 12:32:00 | By: Pie Kamau
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.


Investment in Forward BIOLABS paying off for bioscience startups
Published: 19-02-2021 | 12:02:04 | By: Pie Kamau
Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.


Scientific startups investor Prime Movers Lab expands life sciences practice
Published: 17-02-2021 | 12:56:00 | By: Pie Kamau
Prime Movers Lab, an investor in breakthrough scientific startups that will revolutionize the world's most important industries and transform billions of lives, announced that it is expanding its efforts in the life sciences.


MindMed partners with Swiss psychedelic drug discovery startup MindShift Compounds to patent next-gen psychedelic compounds
Published: 12-02-2021 | 11:18:40 | By: Pie Kamau
MindMed, a psychedelic medicine biotech company announced a new partnership with Swiss startup MindShift Compounds AG to develop and patent next-gen psychedelic compounds with psychedelic or empathogenic properties.


Proxima Ventures, Co-win Ventures invest in Bioelectronica to accelerate pharmaceutical discovery and development
Published: 09-02-2021 | 08:47:00 | By: Pie Kamau
Bioelectronica announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics.


Biotech Executive Elizabeth Cormier-May appointed new CEO for women's health startup Mammogen
Published: 05-02-2021 | 10:01:34 | By: Pie Kamau
Mammogen, Inc., a women's health startup born at the intersection of data, technology and science, and Bench International, a leading global executive search firm, jointly announce the appointment of Elizabeth Cormier-May as Chief Executive Officer.


Biotech startup Vera Therapeutics launches with $80m Series C financing to develop phase 2b novel biologic for kidney disease
Published: 19-01-2021 | 13:16:00 | By: Pie Kamau
Vera Therapeutics, a clinical-stage biotechnology company focused on developing treatments for immunological and inflammatory diseases, announced its launch backed by $80 million Series C financing led by Abingworth LLP.


Biotech startup AltPep raises $23m jumpstarting work on Alzheimer's disease
Published: 15-01-2021 | 11:35:00 | By: Pie Kamau
AltPep Corporation, a privately held biomedical company focused on diagnosing and treating Central Nervous System amyloid disorders, starting with Alzheimer's Disease, announced it closed a $23.150 million Series A investment round.


Novo Seeds' IO Biotech completes oversubscribed €127m Series B financing to accelerate clinical programs in oncology
Published: 13-01-2021 | 13:15:00 | By: Pie Kamau
Novo Seeds announced its portfolio company, IO Biotech, a clinical-stage biopharmaceutical company developing novel, immune-modulating anti-cancer therapies, raised €127 million in Series B financing.


UK biotech startup Theolytics raises £5m Series A round to advance viral cancer therapies
Published: 07-01-2021 | 12:09:00 | By: Pie Kamau
Theolytics, a UK biotech harnessing viruses to combat cancer, announced the closing of £5 million Series A round, co-led by Epidarex Capital and Taiho Ventures LLC with participation from existing investor, Oxford Sciences Innovation (OSI).


CerraCap Ventures invests in biopharma AI startup Totient
Published: 05-01-2021 | 14:48:32 | By: Pie Kamau
CerraCap Ventures announced its third health-tech investment in Totient, an artificial intelligence-driven drug discovery platform that identifies and harnesses human-derived antibodies from individuals with exceptional immune responses.


Biotech startup Indee Labs announces successful early access program launch
Published: 05-01-2021 | 14:36:00 | By: Pie Kamau
Indee Labs announced the addition of three of the largest pharmaceutical companies, multiple biotechnology companies as well as Stanford's Cell Therapy Clinic and Moffitt Cancer Center, to participate in its Early Access Program.


Biotech startup TurtleTree Labs raises $6.2m in Pre-A funding round
Published: 17-12-2020 | 15:26:00 | By: Pie Kamau
TurtleTree Labs, a biotech company pioneering the method to produce milk using cell-based technology, announced the close of an oversubscribed $6.2 million Pre-A funding round from new and existing global investors.


Biometrics startup Levels raises $12m seed round to mainstream Biowearables, improve metabolic health
Published: 30-11-2020 | 15:01:00 | By: Pie Kamau
Levels, the first biowearable system to provide real-time feedback on how your diet impacts your health announced a $12 million seed round led by a16z, one of Silicon Valley's top venture capital firms.


Biotech startup Mekonos raises $4.6m for its gene engineering platform
Published: 24-11-2020 | 12:09:00 | By: Pie Kamau
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.


Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Published: 06-11-2020 | 14:13:00 | By: Pie Kamau
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.


Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Published: 14-10-2020 | 15:09:00 | By: Pie Kamau
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.


Cognoptix secures $2.6 million financing to advance Alzheimer’s disease test
Published: 29-09-2020 | 15:58:07 | By: Bob Koigi
Cognoptix, a US healthcare company developing the Sapphire II System, a breakthrough technology for early detection of Alzheimer's disease (AD), has announced the closing of an over-subscribed Series R financing round.


Siolta Therapeutics raises $30 million funding for treatment of allergic diseases
Published: 25-09-2020 | 12:16:55 | By: Bob Koigi
Siolta Therapeutics, a clinical-stage biotech company in the US, has raised $30 million in a series B investment round to support the clinical development of its lead product.


Phytolon secures $4.1 million funding for natural food colour tech
Published: 22-09-2020 | 15:17:00 | By: Bob Koigi
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.


Ireland biotech startup Inflazome acquired by Roche for €380 million
Published: 22-09-2020 | 15:12:00 | By: Bob Koigi
Inflazome has announced that it has closed a share purchase agreement with Roche in which Inflazome’s shareholders received an upfront payment of €380 million.