Lilium, the Munich-based electric air taxi startup known for its Lilium Jet, has announced plans to restart operations with backing from a consortium of European and North American investors. This comes after the company entered insolvency and laid off 1,000 employees.
2024 was a milestone year for Canadian AI, highlighted by British-Canadian computer scientist Geoffrey Hinton receiving the Nobel Prize in Physics for his groundbreaking work in artificial intelligence (AI). This achievement underscored Canada’s robust tradition of AI research and talent. However, despite its strong foundations, Canada struggled to position itself
In an era where the creator economy has redefined how people engage with online content, one platform stands out as both a disruptor and a trailblazer: OnlyFans. Known for empowering creators to monetize their work through a subscription-based model, OnlyFans has grown from a niche startup to a global giant
Toronto-based Realize Capital Partners, a fund-of-funds manager, has announced a second round of funding, committing $32.5 million CAD to seven impact-focused fund managers through its Realize Fund I.
KHP Ventures, a London-based VC firm, has announced the launch of its €24.1 million (£20M) “Innovations in Mental Health (IMH) Fund,” the first NHS-partnered venture fund in Europe.
Leiden-based ProQR Therapeutics, a biotech company specializing in RNA therapies, has secured €7.7 million ($8.1 million USD) in additional funding from the Rett Syndrome Research Trust (RSRT).
Belgium-based Bnewable, a renewable energy company specializing in battery systems and energy management solutions, has raised €40 million in new growth capital from existing investors, including RGREEN INVEST, Wallonie Entreprendre, and Dovesco Fund Investments.
