Biodol Therapeutics, a biotech firm based in Montarnaud, France, has secured €7 million in funding from BPI France through the i-DEMO call for projects. This funding will support the company’s first-in-human clinical trials.
Biodol Therapeutics, a biotech firm based in Montarnaud, France, has secured €7 million in funding from BPI France through the i-DEMO call for projects. This funding will support the company’s first-in-human clinical trials.
Amsterdam-based Vortex Capital Partners, a firm specializing in software and technology investments, has announced the launch of a new €145 million technology fund. This fourth buyout fund is backed by both new international investors and existing ones.
Stockholm-based Syre, a textile impact company founded by Vargas Holding and H&M Group earlier this year, has secured $100 million (approximately €92.2 million) in a Series A funding round. This significant investment underscores Syre's commitment to revolutionizing the textile industry through sustainable practices.
In the landscape of digital entrepreneurship, few figures have made as significant an impact as Sven Platte, the founder and driving force behind Digistore24, an automated online sales and affiliate marketing platform.
Turkish fintech firm Colendi has secured $65 million in a Series B funding round, bringing its valuation to $700 million. This significant investment supports Colendi’s plans to establish itself as a major player in the digital banking sector across emerging markets.
Cybersecurity remains a field with a significant demand for skilled professionals. With the advent of generative AI and the looming future of quantum computing, the need for security experts in the tech world is set to skyrocket.
Irish startup Nory has raised $16 million in a Series A funding round to further develop its AI-powered restaurant management platform. The investment round was led by Accel, with contributions from existing investors Cavalry, Playfair, Samaipata, and Triplepoint.
ORE Energy, a pioneering startup from Delft, has emerged from stealth mode with a €10 million funding boost from Positron Ventures and SPRIND. This significant financial endorsement will accelerate the large-scale production of ORE Energy's ground-breaking battery, which uniquely utilizes only iron, water, and air.
Enifer, a biotech startup based in Espoo, Finland, has successfully raised €36 million in funding to establish a food-grade mycoprotein factory in Kirkkonummi. This facility will convert food industry by-products into Enifer’s sustainable PEKILO mycoprotein, positioning it as the world’s first commercial plant to produce mycoprotein from sidestream raw materials.
DeepL, the Cologne-based AI translation company, has successfully raised $300 million (approximately €277 million) at a $2 billion valuation. The investment round was led by Index Ventures, with participation from ICONIQ Growth, Teachers’ Venture Growth, and other late-stage investors, alongside existing supporters IVP, Atomico, and WiL.
