Archivio Categoria: venture capital funding

Cloudsky Technologies Closes Series C+ Funding

CHINA – Cloudsky Technologies, a Shenzen, China-based computing infrastructure and services provider, secured a Series C+ round funding of no less than ten million dollars. Backers included an XR company, Sichuan Guohe International Cooperation Fund, and Orinno Capital, among others. Cloudsky Technologies is a computing infrastructure and services provider whose purpose is to empower the digital […]

Abiogen Pharma Acquires 97,09% Stake in EffRx Pharmaceuticals

ITALY – Abiogen Pharma, a Pisa, Italy-based company focused on osteoarticular and bone metabolism diseases, acquired a 97,09% stake in EffRx Pharmaceuticals, a Freienbach, Switzerland-based company that develops and markets prescription drugs targeted in particular to musculoskeletal and rare pathologies on European and international markets. The amount of the deal was not disclosed.With the acquisition, […]

i-TES Closes €1.4M Capital Increase

ITALY – i-TES, a Turin, Italy-based deep-tech startup that develops innovative thermal storage solutions, raised €1.4m in funding. The round was led by EUREKA! Venture SGR through “Eureka! Fund I – Technology Transfer”, along with CDP Venture Capital SGR through Tech4Planet. The company intends to use the funds to expand the customer portfolio by strengthening the facilities and the […]

AutoCore.ai Closes Series A+ Funding Round

CHINA – AutoCore.ai, a Nanjing, China-based automotive system software provider, completed its A+ round funding. The round, whose amount was not disclosed, was led by Bosch Ventures and BoYuan Capital, joined by existing shareholder GL Ventures. Bosch Ventures, BoYuan Capital, GL Ventures, Established in 2018 by Dr. Yang Zhang, Founder and Chairman, AutoCore.ai has created a […]

ChomiX Biotech Raises Millions of Dollars Series Pre-A+ Financing

CHINA – ChomiX Biotech, a Nanjing, China-based biotechnology company focusing on the preclinical development of innovative small molecule drugs, raised an undisclosed amount in Series Pre-A+ funding. The round saw participation from TigerYeah Capital, old shareholder Tsinghua Innovation Ventures, and Morning Spring Venture.The company intends to use the funds to further develop its chemoproteomics platforms, […]

ecoSPIRITS Raises $10M in Series A Funding

CHINA – ecoSPIRITS, a Singapore-based circular economy technology company focusing on low carbon, low waste distribution systems for the premium wine and spirits industry, raised $10M in Series A funding. The round saw participation from Pernod Ricard’s (Paris:RI) venture capital fund, Convivialité Ventures, along with New York-based circular economy investment fund Closed Loop Partners and […]

Cullgen Raises $40M in Financing

CHINA – Cullgen, Inc., a San Diego, CA and Shangai, China-based biotechnology company developing small molecule therapeutics based on its proprietary uSMITE™ platform of targeted protein degradation technology, raised $40m in funding. A $35m series C financing round was led by AstraZeneca-CICC Venture Capital Partnership (“AZ-CICC”), and included Sincere Capital, Voyagers Capital, Wuxi Capital Group […]

R2 Secures USD100M Warehouse Facility

MEXICO – R2, a Mexico City-based embedded lending infrastructure company in Latin America, closed a $100m warehouse facility. The financing was provided by Community Investment Management, a global impact-focused investment manager. The transaction provides the funding capacity to scale and strengthen the company’s lending capabilities and partnerships.Led by Roger Larach, Co-Founder & CEO, R2 is a key player in the sector […]

Ben & Frank Receives Additional Investment From L Catterton

MEXICO – Ben & Frank, a Mexico City, Mexico-based DTC eyewear brand, received an additional investment from L Catterton. The amount of the deal was not disclosed.The company intends to use the funds to accelerate its continued growth and expansion across Latin America.Founded in 2015 and led by CEOs Mariana Castillo and Eduardo Paulsen, Ben & […]

Carbonwave Holds Initial Close of $5M Series A Funding

MEXICO – Carbonwave, a Puerto Rico-based company which specializes in upcycling of seaweed bloom into plant-based biomaterials, raised $5M in Series A funding. The round, which brought total funding to date to $12M, was led by Mirova with participation from Viridios Capital, Popular Impact Fund, and Katapult Ocean.Led by CEO Geoff Chapin, Carbonwave is a developer […]