MEXICO – Tulum, Mexico, November 17th, 2023, Chainwire CKB, the blockchain of the Nervos Network, is set to mark a significant milestone with its first halving on November 19th. This event will cut CKB’s hard-capped base issuance rate in half, bringing real inflation down from 7.92% to 3.77%, among the lowest across major Layer 1 […]
Archivio Categoria: venture capital funding
FRANCE – Kakarot, a Paris, France-based developer of a type 2.5 zero-knowledge Ethereum virtual machine (zkEVM) written in Cairo, a scalable transparent argument of knowledge (STARK)-based Turing-complete language for writing provable programs on blockchain, received a seed investment from OKX Ventures. The amount of the deal was not disclosed.Kakarot started as a community initiative during […]
GERMANY – Proxima Fusion, a Munich, Germany-based startup working to deliver fusion energy via QI stellarators, raised an extension of its Pre-Seed funding now totalling €7.5m. New investors include Visionaries Tomorrow, Hummingbird Collective, Achleitner Ventures, Bosch Holding, the FlixFounders fund, and a pool of angel investors. The latest round was an extension of Proxima Fusion’s […]
FRANCE – Injectsense Inc., an Emeryville, CA-based sensor-enabled digital health company, and sister company Injectpower, a Grenoble, France- and Emeryville, CA-based developer of ultra-miniature solid-state microbatteries for medical applications, announced combined funding of $9.4m. The funding consists of: The sister companies will use the funds to bring integrated autonomous implantable devices – smaller than a grain of […]
GERMANY – MetaCompliance, a London, UK-based cyber security company, acquired Increase Your Skills GmbH (IYS), a cyber security training business based in Leipzig, Germany. The amount of the deal was not disclosed.This acquisition fortifies MetaCompliance’s foothold in the key German market. Co-founded by Carolin Andree and Hannes Hartung, IYS is a player in the German […]
BRAZIL – InPlanet, a Munich, Germany- and Piracicaba, Brazil-based company which specializes in carbon removal, raised €5.6M in funding. The round was led by FoodLabs and Salvia, as well as investors from the Pre-Seed Round who invested again, including Mudcake, Carbon Removal Partners and Übermorgen Ventures.The company intends to use the funds to scale its measurement, reporting and verification capabilities, […]
BoxPlus Information Technology Company, a Shanghai, China-based provider of Internet of Things (IoT) solutions, received an investment from IQAX. The amount of the deal was not disclosed.The company intends to use the funds to expand operations and its business reach.Led by Ms. Afra Guo, General Managing Director, BoxPlus is a professional Internet of Things (IoT) solutions […]
CHINA – Trax, a Boston, MA-based provider of image recognition solutions for brick-and-mortar retail, raised $50M in financing. Deutsche Bank Private Credit & Infrastructure provided the financing.The company intends to use the funds to accelerate its investment in signal-based merchandising, a dynamic solution leveraging its computer vision, shopper audience and crowd merchandising scale to drive […]
GERMANY – Filu, a Munich, Germany-based pet tech startup, raised €5.1M in Seed funding. The round was led by YZR and DN Capital. The round was joined by the existing investors Rivus Capital and Auxxo, and the family office Vimajo. The company intends to use the funds to expand operations and its business reach.Led by […]
INDIA – Snaptrude, a New York- and Bangalore, India-based startup providing an operating system for architecture, engineering, and construction (AEC) companies, raised $14M in Series A funding. The round, which brought the total raised to $21.8M, was led by Foundamental and Accel with participation from Fortius Ventures. The company intends to use the funds to […]