TravelPerk, a SaaS platform that simplifies business travel, has secured an additional $104m in funding from SoftBank Vision Fund 2 and other investors. The company, which grew its revenue by over 70% and its gross profit by more than 90% in 2023, plans to use the funds to enhance its customer experience, launch new services,…
LONDON: Glycotest, a company developing blood tests for liver cancer, has received a $1 million follow-on investment from Fosun Industrial Co., Limited, a Chinese conglomerate. The investment is part of a $10 million deal signed in 2019, which also grants Fosun access to Glycotest’s intellectual property in certain situations. Fosun still owes $2 million to…
Twin Health, a company that uses artificial intelligence to create personalized models of individual metabolisms, has secured $50 million in funding from Singapore’s Temasek and other investors. The company aims to reverse, improve, and prevent chronic metabolic diseases, such as type 2 diabetes, obesity, and fatty liver, that affect millions of people worldwide. Twin Health’s…
VANCOUVER: SALUS Technologies, a software company based in Vancouver, has secured $8 million in a Series A funding round from New York investors. The company develops safety management software that helps field workers and safety professionals comply with regulations and reduce risks in their daily operations. The new funding will enable SALUS to enhance its…
ZTX, a web3 virtual world and creator platform, has announced that it has raised $13 million in seed funding from a group of investors led by Jump Crypto, a crypto-focused investment firm. The funding round also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, and others. ZTX is a collaboration between Jump Crypto and…
LONDON, UK: Edenville Energy Plc (AIM: EDL), an African focused mine operator and developer of the Rukwa Coal to Power Project in Tanzania, has announced that it has raised £1.468 million through direct subscriptions by two African focused mining investment groups, Q Global Commodities Group (QGC) and Gathoni Muchai Investments Limited (GMI), at 5.0 pence…
San Francisco-based Lavita AI has announced that it has raised $5 million in seed funding to develop its AI+Web3 healthcare platform. The round was led by Camford Capital, with participation from a group of angel investors from the blockchain and AI industries. The platform is designed to be patient-driven, providing secure sharing of health data….
LONDON, UK: Riverstone Energy Limited (REL) led investment in Infinitum Electric, creator of the breakthrough air-core motor. Infinitum Electric will use the investment to vertically integrate and automate production of its motors for the commercial and industrial market segments, and complete development and commercialisation of a traction motor for the rapidly growing electric vehicle market….
SYDNEY, AUSTRALIA: Australian environmental technology company Calix Limited (ASX: CXL) announced, in collaboration with Boral Limited (ASX: BLD), a carbon abatement project with $30m in funding from the Australian Government’s Carbon Capture, Use and Storage (CCUS) Hubs and Technologies Program. The Project, undertaken by Boral in collaboration with Calix, will help accelerate Calix’s LEILAC technology…
LONDON, UK: KYND, a provider of pioneering cyber risk management solutions to the insurance industry, has secured £3.25m of investment from Business Growth Capital (also known as the British Growth Fund / BGF) a UK and Ireland-based growth capital investment company that provides funding as a minority, non-controlling equity partner. Founded in 2018, KYND has…
AUCKLAND, NEW ZEALAND: Geo Limited is raising NZ$6 million from the issue of ordinary shares priced at NZ$0.130 per share by way of a placement. Geo Limited also intends to conduct a subsequent capital raise in the coming months to enable its broader shareholder base to participate at the same price. The proceeds of the…
LONDON, UK: Frontier IP’s portfolio company CamGraPhIC has raised £1.6 million through an equity funding round from existing and new investors. The fundraising values University of Cambridge spin out CamGraPhIC at £5.6 million pre-money. It brings total funds raised by the Company to £3.4 million including the loan facility announced by the Group on 8…