Tag: backs
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£100M boost for UK healthtech as British Business Bank backs Apposite growth fund
The British Business Bank has agreed to make a £100 million commitment to Apposite Healthcare Growth I, a fund investing to support the growth of health technology companies, primarily in the UK. This will be the British Business Bank’s largest fund commitment to date and is the Bank’s first commitment to Apposite Capital, a specialist read more
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Inter IKEA Group backs Seprify’s €13.4M Series A to scale cellulose materials platform
Swiss bio-materials companySeprifytoday announced that it has raised €13.4 million in Series A funding to scale their cellulose-based alternative to titanium dioxide used across cosmetics, food and coatings. The investment is backed by Inter IKEA Group and also includes participation from investors Una Terra Early Growth Fund, Zürcher Kantonalbank (ZKB), Cambridge Enterprise Ventures, Kickfund, and read more
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BioInnovation Institute backs five startups with €1.3M in follow-on funding
BioInnovation Institute (BII), an initiative of the Novo Nordisk Foundation, has awarded an additional €1.3 million in follow-on funding to five portfolio startups,bringing total support per company to up to €1.8 million. The funding is intended to support product development, operational scaling and progress toward market deployment across healthtech, agritech, climatetech and deeptech. The announcement 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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$26M funding round backs Veremark’s international expansion and service rollout
London-based Veremark has raised $26 million in Series B funding, led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors, and Stage 2 Capital, alongside a multi-million dollar debt facility from Salica Partners. Founded in 2020, Veremark is a global workplace trust company that provides background screening, whistleblowing, and credential verification services read more
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Novo Nordisk Foundation backs BioInnovation Institute with €736M to scale life sciences and deeptech innovation
The Novo Nordisk Foundation has allocated up to €736 million (DKK 5.5 billion) to BioInnovation Institute (BII), a leading institute for life science and deep tech innovation in Copenhagen. The funding will enable BII to expand its activities into new strategic areas and geographies, and support even more entrepreneurs and startups, strengthening innovation in Denmark read more
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