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BrainBox AI Raises USD24m in first close of Series A funding round

BrainBox AI, a leader in autonomous building technology, today announced a USD24 million raise to further deploy its AI technology in the built environment and develop its next phase of innovation. The first close of its Series A round includes new lead investor, ABB, and investments by Esplanade Ventures and

Summa Equity achieves B Corporation status

Summa Equity, which invests in companies solving global challenges, has been certified as a B Corporation, joining a growing group of companies reinventing business by pursuing purpose as well as profit.  The certification has been awarded by B Lab, the not-for-profit behind the B Corporation movement. Certified B Corporations are

Moralis secures USD13.4m seed funding from EQT Ventures

Blockchain development platform Moralis has raised USD13.4 million in a seed funding round, led by EQT Ventures.  The funding will be used for hiring and continued product development, enabling developers to build enterprise-scale blockchain applications rapidly, cutting cost and complexity. By providing a complete, end-to-end blockchain application development platform, Moralis

Sphere Fluidics closes USD40m funding round led by Sofinnova Partners and Redmile Group

Sphere Fluidics, a company that has developed and is commercialising single cell analysis systems underpinned by its proprietary picodroplet technology, announced today that it has closed a USD40 million (circa GBP30 million) investment round.  The round was led by Sofinnova Partners (Paris, France) and Redmile Group (San Francisco, USA) co-investing

Pan Cancer T extends seed financing round

Pan Cancer T, a biotech spin-off from the Erasmus MC dedicated to the discovery and development of novel TCR-T therapies against solid tumours, has closed an extended seed investment round.  All current shareholders participated in the round, with Thuja Capital joining as a new investor. The undisclosed proceeds add to

AutoFill Technologies secures multi-million-euro pre-series A funding

AutoFill, a Dutch deep tech company specialising in inspection workflow processes for the automotive and rail industries, has secured EUR2.6 million in pre-series A funding. The round was led by Innovation Industries, with participation from Deeptech Labs, an accelerator initiated by Arm and The University of Cambridge, among others. Rick

3i sells Magnitude Software

3i Group (3i) has agreed the sale of its investment in Magnitude Software, a provider of data management software solutions, with offices in the US, the Netherlands, UK, Canada and India, to insightsoftware, Inc.  Proceeds to 3i are estimated to be cGBP344 million/USD477 million, which represents a c100 per cent

Round2 Capital invests in EvoluteIQ

Round2 Capital has added another Nordic scale-up to its portfolio with its latest investment in EvoluteIQ.  EvoluteIQ is a technology company that accelerates enterprise transformation by leveraging its proprietary low code, no code hyperautomation enablement platform – e.IQ. The platform makes it possible to bring together fragmented technology landscapes and

Procuritas invests in Strandberg Guitars

Procuritas Capital Investors VI (Procuritas) has invested in Strandberg Guitars, the global market leader in headless guitars under the .strandberg* brand.  In close partnership with the founder, Ola Strandberg, Procuritas will support the continued scale-up of the Company through a number of well-identified growth initiatives to further strengthen .strandberg*’s position

Main Capital-backed Assessio acquires Dutch technology company Eelloo

The Assessio Group (Assessio), a Swedish human resource (HR) and technology company backed by software investor Main Capital Partners (Main), has acquired Eelloo, a technology company specialising in platform solutions for recruitment and employee development. In an increasingly mobile and hybrid labour market, where the Covid-19 pandemic has also caused

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