Swedish healthcare startup Encare raises EUR 1.5 million in funding
Sweden-based software-as-a-service (SaaS) solution that helps healthcare providers implement best practices for surgical care to improve patient outcomes, Encare raised EUR 1.5 million in recent financing. The company announced the fundraise on May 29, 2023. Existing shareholders, together with some new, through the Society network, provided the investment for the firm. Purpose of financing for Encare With the latest capital injection,...
Italian deep tech startup i-TES raises EUR 1.4 million in funding
Turin, Italy-based deep-tech startup that develops innovative thermal storage solutions, i-TES, raises EUR 1.4 million in recent financing. The round took place on May 29, 2023. EUREKA! Venture SGR through "Eureka! Fund I – Technology Transfer and CDP Venture Capital SGR through Tech4Planet co-led the financing for the company. The latter belongs to the National Hub for Technology Transfer, focusing...
Toronto-based AI startup BenchSci raises USD 70 million in Series D funding
TORONTO---A USD 70 million Series D funding round led by Generation Investment Management and including current investors iNovia Capital, TCV, Golden Ventures, and F-Prime Capital has been announced by BenchSci, a global leader in AI solutions for preclinical life sciences research and development (R&D). With the most recent fundraising, BenchSci has now raised a total of about USD 170...
UK-based VCTC Limited receives investment from SPRIM Global Investments
Derbyshire, United Kingdom-based company which specializes in clinical trial sites, VCTC Limited, received investment from SPRIM Global Investment. SPRIM is a leading health sciences investment firm based in Singapore. The company announced the investment on May 26, 2023. However, it did not disclose the amount of the funding received. As a part of the transaction, VCTC continues to operate as...
USA-based Metalex raises USD 2 million in seed financing
Houston, USA-based, an emerging mining and metals company operating across the African continent, Metalex Commodities raised USD 2 million in seed financing. The round took place on May 26, 2023. A Sun Valley, Idaho-based hedge fund, Endura Capital, led the financing for the company. In addition to the funding, the company entered into a strategic partnership with Metalex to form...
Columbia Capital invests USD 10 million in software based startup – ESpace
MIRAMAR, Florida —ESpace Networks, a Florida-based software startup that is revolutionizing enterprise connection, announced today that its Series A round of funding had been successfully closed. Columbia Capital contributed USD 10 million to the deal. The money will help ESpace Networks maintain its leadership position by enabling clients to intelligently manage connectivity for moving objects. The company's solutions offer operational...
Texas-based energy drink startup G.O.A.T Fuel raises USD 5 million in funding
Dallas, Texas, May 25, 2023 Jerry Rice, a Pro Football Hall of Famer and well-known NFL G.O.A.T., and his company G.O.A.T. Fuel® announced that they have closed on their initial Series Seed round of financing, which was oversubscribed and raised USD 5 million. This brings the total funds raised since the drink's launch in 2020 during the pandemic to...
USA-based Zageno raises USD 33 millon in funding
Cambridge, USA-based online marketplace for life science research products, Zageno, raises USD 33 million in funding. The round took place on May 25, 2023. General Catalyst, the largest public pension fund in the United States, Grazia Equity, Oakridge Management Group, and a German investment house led the financing for the company. Meanwhile, existing investors Capnamic Ventures and HighSage Ventures provided...
USA-based Hopr raises USD 500 K in funding
Columbia, USA-based leader in automated moving target defence security solutions for cloud assets, Hopr secured USD 500K in funding. The round took place on May 26, 2023. TEDCO (Maryland Technology Development Corporation) led the financing for the company. The company provided an additional USD 300K investment. Earlier in 2022, it invested USD 200K in Hopr. Purpose of financing for Hopr With...
San Francisco-based manufacturing startup Volition raises USD 11 million in seed funding
May 25, 2023, San Francisco - Volition announced a USD 11 million seed round that was co-led by Quiet Capital and Newark Venture Partners, with significant contributions from Lachy Groom, Alan Rutledge, Julian Capital, and Humba (Susa) Ventures. Volition is the first and only online industrial components marketplace created especially for the hardware development industry requirements. By acting as...
