Tag: advance
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Gizmo secures $22M Series A to advance AI-powered education
Gizmo, a London-based AI-powered learning platform, has raised $22 million in Series A funding to support its international expansion and further development of its technology. The round was led by Shine Capital, with participation from Ada Ventures, Seek Investments, GSV, and NFX, which previously led the company’s $3.5 million seed round. Founded by Petros Christodoulou read more
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Helical secures $10M to advance virtual AI lab for pharma research
Helical, a biotechnology company developing a virtual AI lab for pharmaceutical research and development, has raised $10 million in seed funding. The round was led by redalpine, with participation from Gradient, BoxGroup, and Frst, alongside angel investors including Aidan Gomez (CEO of Cohere), Clement Delangue (CEO of Hugging Face), and Mario Götze. Founded in early read more
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Sybol raises €1M+ to advance its corporate digital identity wallet
Spanish startup Sybol, which focuses on corporate digital identity and verifiable credentials, has raised over €1 million in a funding round that combines public and private investment. The round is backed by the Spanish Society for Technological Transformation (SETT), alongside investors including Repsol, Grupo Synaptia, Bolboreta Innova Group, Tritemius, Venturade, and Chromata Invest. The company read more
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Covalo lands €3.5M funding extension to advance personal care data platform
Covalo, a Switzerland-based platform for ingredient discovery and data management in the personal care industry, has raised €3.5 million in a funding extension. The round was led by Hi Inov, with participation from existing investors HTGF and seed+speed Ventures. The company addresses challenges in managing ingredient data, which is often fragmented across multiple systems, formats, read more
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NanoZymeX secures €160K to advance lipid nanoparticle enzyme therapies for rare diseases
Biotech startup NanoZymeX has obtained €160,000 (CHF 150,000) from Venture Kick to advance a new platform for enzyme replacement therapy using lipid nanoparticles. Spun out of research at the University of Basel, the technology aims to improve therapies for rare genetic conditions such as Pompe disease (a rare genetic disorder that affects how the body read more
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Stateful Robotics secures $4.8M to advance long-term robot intelligence
Stateful Robotics, an embodied AI company spun out of the University of Oxford, has raised $4.8 million in a pre-seed funding round led by Amadeus Capital Partners and Oxford Science Enterprises (OSE), with additional participation from angel investor Stan Boland. While advances in large language and other foundation models have significantly improved robots’ perception and read more
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Newly secures $2M+ in funding to advance native app creation platform
Stockholm-based Newly (formerly Natively), a mobile app development company,has raised over $2 million to date in funding to accelerate its growth and broaden access to native app development. The round was led by PSV Tech, with participation from Karaoke Club, Wave Ventures, Inception Fund, Foundry Ventures, Tiny Supercomputing Investment Company, and a group of prominent read more
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UniverCell lands €30M Series B to advance European lithium-ion cell manufacturing
UniverCell, a European manufacturer of high-performance lithium-ion battery cells and electrodes, has raised a €30 million Series B financing round. The round was co-led by the DeepTech & Climate Fonds (DTCF), IKA and WIKA, with strong support from the European Innovation Council (EIC) Fund. Founded in 2019 in Kiel, Germany, UniverCell has grown into an read more
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baCta secures €7M to advance programmable microbial factories
Paris-based baCta, an industrial biotech startup developing an AI-powered bioproduction platform for industrial ingredients, has closed a €7 million seed funding round led by LocalGlobe and Daphni, with participation from OVNI Capital and several business angels, including founders of Phagos, Genomines and Mistral AI. Read our earlier interview with Mathieu Nohet, CEO and co-founder of read more
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Flink lands $100M to advance targeted expansion
Berlin-based Flink, a quick commerce operator active in Germany and the Netherlands, has secured around $100 million in new growth capital. The round was led by Prosus and other existing investors, with Btomorrow Ventures, the corporate venture arm of BAT, also participating. Founded in 2021, the company operates a network of local fulfilment hubs that read more
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Venture Kick backs Fainite for physics simulations
Zurich-based Fainite AG has received €165,000 (CHF 150,000) from Venture Kick to advance physics-based simulations and expand access to advanced engineering analysis across a wider range of applications. Modern hardware development and material testing rely heavily on physics-based simulations for design, validation, and manufacturing. However, these simulations are often time- and compute-intensive, increasing engineering read more
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Noxon secures seed funding for muscle-computer tech
Munich-based medtech company Noxon has closed its seed funding round, led by High-Tech Gründerfonds (HTGF) and Bayern Kapital, with participation from Auxxo and another institutional investor. The size of the round was not disclosed. In rehabilitation and the treatment of neuromuscular disorders, muscle diagnostics and activation are typically performed intermittently in clinical settings. As read more
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Clee Medical secures seed funding to advance real-time brain imaging for neurosurgery
Clee Medical, a Swiss neurotechnology startup developing ultra-high-resolution real-time imaging for brain surgery, has closed its seed financing round. The round was led by High-Tech Gründerfonds (HTGF), with participation from Zürcher Kantonalbank (ZKB), Kickfund, FONGIT, and Venture Kick, alongside continued support from existing partner Wyss Geneva. Many neurosurgical procedures require navigating delicate brain structures with read more
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Grodi raises €2.5M led by Swanlaab to advance greenhouse automation
Grodi, a company focused on autonomous robotics and computer vision for intensive agriculture, has secured a €2.5 million investment round led by Swanlaab Innvierte Agri FoodTech, with participation from Axon Desarrollo Andalucía and Innvierte, SICC del CDTI. Founded in 2022 in Almería by Samuel Ruíz, Natalia Gálvez, and Ana Molina, Grodi has built a multidisciplinary read more
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Verley closes €32M Series A to advance next-generation functional whey ingredients
French foodtech startup Verley has raised €32 million in a Series A financing round, only four years after its inception. Verley develops functional whey protein ingredients, more precisely beta-lactoglobulin (BLG), designed to deliver the nutritional and functional performance expected by food and nutrition manufacturers. Verley has built its approach to integrate seamlessly into existing food read more
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The Fourth Law secures investment to advance drone AI for Ukraine
The Fourth Law (TFL), a Kyiv-based defence technology company, has secured a new funding round backed by Axon, a US public safety technology group. TFL develops AI and robotics solutions for defence and public safety, with a focus on autonomy technologies. The company builds an autonomy-focused software stack that includes simulation and analytical tools, autonomous read more
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Allocation Strategy secured £1.6M to advance asset allocation technology
London-based Allocation Strategy, a company developing analytics tools to support asset allocation and investment decisions, has raised £1.6 million in a funding round led by Fuel Ventures, with participation from angel investors and industry experts. Periods of market volatility have exposed limitations in many institutional allocation tools, particularly in linking portfolio decisions with underlying macroeconomic read more
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Dresden medtech Cancilico closes €2.5M round to advance AI in oncology
Cancilico, an AI diagnostics startup specialising in blood cancer, has raised €2.5 million in Seed funding. The Dresden healthtech startup was founded in 2023 as a spin-off of the EKFZ for Digital Health at TUD Dresden, University of Technology, and University Hospital Dresden. The company develops AI-driven diagnostic solutions for haematology to automate and improve read more
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ViCentra secures an additional $13M to accelerate growth and advance next-gen insulin system
Dutch-based medical device company ViCentra, which commercialises the Kaleido insulin patch pump system, has raised an additional $13 million as part of its Series D financing, bringing the total round to $98 million. The funding includes new capital from ROM Utrecht Region and a consortium of Dutch investors, including Venturing Tech, alongside increased support from read more
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WholeSum raises £730K to advance a qualitative data analysis platform
UK-based qualitative analytics startup WholeSum has raised £730,000, combining grant funding from Women TechEU with a pre-seed round led by Twin Path Ventures. The round also included participation from SFC and strategic angel investors via Ventures Together, including founders and operators from JustPark, Episode 1, ClearScore, and Prolific. A significant share of organisational data is read more
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