Tag: engineering
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Imperagen raises £5M seed round to accelerate AI-driven enzyme engineering
Manchester techbio Imperagenhas closed a £5 million seed funding round led by PXN Ventures with participation from Imperagen’s existing investors IQ Capital and Northern Gritstone. Established in 2021 by researchers from the Manchester Institute of Biotechnology, Imperagen is focused on accelerating the process of enzyme engineering. Serving diverse markets, from pharmaceutical manufacturing and life sciences read more
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Irish Better Futures raises €600K for AI-driven engineering documentation automation
Dublin-based AI startup Better Futures has secured €600,000 in funding from private angel investors and Enterprise Ireland through its High Potential Start-Up (HPSU) programme, bringing the company’s total funding raised to date to €1.1 million. Headquartered at NovaUCD, Better Futures develops AI technology designed to automate engineering documentation workflows in regulated industries. The funding announcement read more
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Nuclera extends Series C funding to $87M to accelerate antibody engineering work
Biotech company Nuclera has secured an additional $12 million in financing, bringing its total Series C funding to $87 million. The extension was led by Elevage Medical Technologies and Jonathan Milner, with participation from existing investors British Business Bank and GK Goh. Nuclera is focused on streamlining protein expression and purification workflows through its benchtop read more
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Avenue Biosciences raises $5.7M to scale high-throughput protein engineering
Finnish protein engineering company Avenue Biosciences has raised $5.7 million in a Seed extension funding round co-led by Balnord and Tesi, with support from existing investors Voima Ventures, Inventure, University of Helsinki, and Dimerent. The funding aims to help scale its high-throughput protein engineering technology that accelerates the discovery of protein-based therapies and tools for read more
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Neural Concept raises $100M to scale AI-native engineering
Swiss-based Neural Concept has raised a $100 million Series C round led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Forestay Capital, Alven, HTGF, D.E. Shaw Ventures, and Aster Capital. Founded in 2019 and spun out of EPFL in Lausanne, Neural Concept develops an AI-focused engineering platform for product development. The read more
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Hypercritical raises £2M to modernise software engineering for heavy industry
London-based Hypercritical has raised £2 million in pre-seed funding to accelerate development of its foundation model and expand its engineering team. The round was led by Join Capital, with participation from Octopus Ventures, Tiny Supercomputer Investment Company (tiny.vc), and Plug and Play. Hypercritical is a deeptech company that develops machine learning models to generate fully read more
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