Tag: technology
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Semarion raises $3.8M to scale cell assay technology
Semarion, a University of Cambridge spin-out from the Cavendish Laboratory, has raised $3.8 million in funding to support the expansion of its cell-based screening technology. The round was led by Parkwalk, with participation from The FSE Group, Cambridge Enterprise Ventures, Oxford Innovation Finance, Found Capital, Cambridge Capital Group, and Start Codon. This round follows the read more
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Cleafy raises €12M to expand financial fraud detection technology
Milan-based Cleafy, a cybersecurity company focused on the banking sector, has raised €12 million in a Series B funding round co-led by United Ventures and eCAPITAL, bringing the company’s total funding to €22 million. Traditional security and anti-fraud systems often operate in silos, analysing isolated signals or individual transactions using predefined rules. As a result, read more
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Cytotrait raises £3M for agricultural gene-editing technology
Cytotrait, a spinout from The University of Manchester focused on developing new traits for food and agricultural applications, has closed a £3 million seed funding round. The round was led by Northern Gritstone, with participation from the UK Innovation & Science Seed Fund (UKI2S), managed by Future Planet Capital, and the Northern Universities Ventures Fund, read more
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Fibionic secures €3M for lightweight bionic technology
Austrian deeptech startup fibionic has closed a €3 million seed financing round led by Redstone together with Euregio+, Caesar, and Leap435, with additional support from several angel investors. Lightweight materials are widely regarded as a key technology across industries, including sports equipment, UAVs, robotics, industrial applications, and mobility. However, manufacturing processes, material efficiency, and automation 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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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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SportIQ expands connected sports ball technology with $6.2M raise
SportIQ, a company that develops smart basketballs and in-app shooting coaching technology, has raised a total of $6.2 million in a Series A funding round completed in two closings. The latest closing included $3.2 million in new funding from KB Partners, Koppenberg Management, Match Ventures, and a group of high-net-worth individuals and family offices. Read read more
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SmartyPlants closes £190K funding round for smart plant care technology
SmartyPlants, a UK-based technology startup focused on plant care, has received £190,000 in funding from the British Design Fund (BDF) to support the continued development of its smart sensor system for houseplants. Caring for indoor plants can be challenging due to factors such as inconsistent watering, unsuitable light conditions, and limited visibility into plant health. read more
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New Imaging Technology Revels Spicy, 2,000-Year-Old Graffiti Along Pompeii Passageway
Researchers at the Pompeii Archaeological Park have utilized cutting-edge imaging technology to decipher centuries-old graffiti—both textual and figurative, some of it quite spicy!—written on the walls of a theater district corridor in the ancient city. The project, called Bruits de coulous (Rumors) was initiated by a team from the Sorbonne in Paris and the University 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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Orbem raises €55.5M Series B to scale AI-powered MRI technology
Munich-based Orbem, a deeptech company applying artificial intelligence to magnetic resonance imaging to analyse food and biological systems, has closed a €55.5 million Series B financing round. The round was led by Innovation Industries, with participation from Supernova Invest and follow-on investments from existing backers, including General Catalyst, 83North, The Venture Collective, Possible Ventures, and read more
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Why financial control is becoming a technology problem
For decades, financial control was a function of accounting discipline. Budgets were set annually, spend was reviewed retrospectively, and finance teams relied on reports generated long after money had left the business. Technology supported the process, but it rarely defined it. That model no longer holds. As companies digitise their operations, financial control has quietly read more
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Matta raises $14M to develop “sentient factory” technology
London-based Matta, an industrial AI spin-out from the University of Cambridge, has raised $14M in seed funding to transform how products are designed and manufactured. The round was led by Lakestar, with participation from Giant Ventures, RedSeed VC, InMotion Ventures, 1st Kind (Peugeot family), Unruly Capital, and Boost VC, alongside grant support from Innovate UK read more
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Shiftmove acquires Ocean, expanding its European fleet technology footprint
Berlin-based Shiftmove has acquired Ocean, the fleet management division of Orange Business in France. This acquisition positions Shiftmove as a significant European fleet technology provider, serving 27,000 corporate customers and managing 730,000 vehicles across the continent with a team of more than 500 employees. Although fleets represent a substantial share of emissions and mobility costs, read more
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PowerUP nets €10M Series A to scale its dual-use hydrogen technology
Talliin-based PowerUP Energy Technologies has closed a€10 million Series A funding roundto accelerate the manufacturing and commercialisation of its hydrogen-powered electric generators.Co-led by Mercaton and ScaleWolf and joined by SmartCap’s Green Fund, the investment will enable further scaling of the technology, recognised for its dependable performance in extreme environments. PowerUP Energy Technologies, founded in 2016, read more
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Nordic Salt Cycle raises €3.5M to advance molten salt mineral recovery technology
Copenhagen-based Nordic Salt Cycle has raised €3.5 million in pre-seed funding to commercialise its molten salt technology for the cost-effective, scalable recovery of critical minerals from sources such as electric vehicles, wind turbines and consumer products. The round includes investment from EIFO, Denmark’s state-owned green transition investment fund, existing investor The Footprint Firm, and German read more
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