Tag: backing
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UK government-backed fund aimed at backing female founders reaches £130m first close
The flagship fund of a UK government-backed initiative addressing the shortage of equity capital for women in the UK who are building businesses has reached a £130m first close of the fund, it said today. The “Women Backing Women” fund is aiming to raise £250m in totalto invest in female fund managers to back female-led read more
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Arkadia Space secures €14.5M EIC backing for green propulsion tech
Spanish space company Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator. The package includes a €2.5 million grant, €6 million in equity from the EIC Fund, and €6 million in private investment. Beyond financial backing, the selection reflects direct institutional support from the European Commission for Arkadia’s green propulsion read more
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EIF makes largest defence investment yet with €50M backing for Join Capital
The European Investment Fund (EIF), part of the EIB Group, today announced a €50 million commitment to Join Capital’s third fund as Europe moves from defence spending announcements to rebuilding industrial capability. The commitment is the EIF’s largest to date in defence and is supported by the InvestEU Defence Equity Facility, which is designed to read more
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Thiax secures PSV Hafnium backing for real-time X-ray inspection technology
Thiax, a Danish deeptech spin-out, has secured investment from PSV Hafnium to advance its non-destructive 3D inspection technology for polymer and composite parts. In many high-performance composite industries, including aerospace, quality assurance still relies heavily on destructive testing and techniques such as ultrasound. While effective at confirming failure or detecting simple defects like voids, these read more
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TaxNova gets backing from a16z’s accelerator and Revolut and Miro operators
A London-based startup that automates R&D tax credits for tech companies has emerged out of stealth, with $1m in pre-seed funding, including backing from Andreessen Horowitz’s (a16z’s) accelerator. TaxNova has raised funding from a16z’s accelerator, a16z speedrun, early-stage angel fund, s16vc, accelerator Karaoke Club, and more than 20 CTO and CFO operators and investors from read more
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SWISSto12 secures €73M ESA backing to accelerate HummingSat platform
Aerospace company SWISSto12 has announced securing €73 million in financial support from European Space Agency (ESA) member states through the HummingSat ARTES partnership project. SWISSto12 is a manufacturer of advanced satellite systems and radio frequency (RF) products, enabling a transformational shift in the global satellite communications industry, away from legacy large, purpose-built, expensive and slow-to-deploy read more
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Edtech platform Headway Inc secures Series A extension with backing from Endeavor Catalyst
Ukrainian-born edtech startup Headway Inc has raised Series A extension funding from Endeavor Catalyst. Headway Inc has closed the second tranche of its first external funding round, with Endeavor Catalyst participating and investing above its typical check size. While financial terms were not disclosed, Endeavor Catalyst typically invests up to $2 million per company, according read more
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