Science & Technology
- A study conducted by researchers at Cambridge University provided further evidence that the risk of developing Alzheimer’s disease can be reduced through increasing levels of education. More.
- Scientists at Imperial College London are developing a technique that enables detection of single molecule biomarkers in human samples, offering the potential of earlier diagnosis for a range of diseases. More.
- Researchers at Glasgow University are developing a new technique to regrow damaged bones. The technology could ultimately be used as an alternative to amputation among trauma victims. More.
- Researchers at MIT have successfully embedded light-emitting nanoparticles in plant leaves, an innovation that could lead to self-powered lights. More.
- A study conducted by researchers at Duke University suggests that activity in the brain region responsible for complex mental operations may help to reduce anxiety. More.
New Sources of Funding
- Finland-based Inventure held a first close of a new early-stage venture fund at €110m. The fund will back companies in sectors including future mobility and personalised healthcare.
- US-based venture firm Andreessen Horowitz launched a $450m fund to back companies operating at the intersection of biology and engineering.
- SE Asia-focused NSI Ventures held the first close of its new fund, which will be used to invest $3m-$5m into early stage technology companies.
- Milan-based United Ventures held the €75m first close of its new fund, which will be used to back digital technology and software companies.
- London-based VC firm Episode1, which focuses on backing early-stage software companies, closed a $60m fund.
- US-based VC firm Anzu Partners, which focuses on backing industrial technology companies, closed a $128m maiden fund.
- Israel-baed Viola Fintech launched a $100m fund to back global fintech startups.
- New York-based fintech-focused venture firm FinTech Collective closed a $94m fund.
- Witness develops tools that enable people to safely and efficiently capture video evidence of human rights violations.
- Converbration is an app that provides users with smart notifications relating to the urgency and content of the messages that they receive.
- Pedius is an app that converts speech to text in real time for people with hearing impairments.
New company Fundraising
- Japan-based ispace, which is developing technologies to enable private lunar exploration, raised $90m from investors including the Development Bank of Japan.
- US-based Beyond Meat, which is developing plant-based meat substitutes, raised $55m from a number of private investors.
- Israel-based Vayyar Imaging, which is developing 3D imaging technologies that can be used to provide real-time mapping that can ‘see through’ objects, closed a $35m Series-C round from investors including Battery Ventures and Bessemer.
- Ukraine-based Bookimed, which is developing a search engine for medical solutions, raised $500k from AVentures.
- US-based Clora, which is developing a platform designed to connect companies with on-demand life science experts, raised $3.3m from investors including Spark Capital.
- Greenlight Planet, which provides a range of solar financing solutions and products to off-grid communities, raised $60m from investors including Bamboo Capital Partners.
- Germany-based Zolar, which provides an online platform that enables homeowners to customise and buy solar power systems from multiple brands, raised a €4m series-A round from investors including Sunstone Capital.
- Sweden-based Bima, which provides micro-insurance services to low-income consumers in emerging markets, raised $96m from the digital investment unit of insurance major Allianz.
- Israel/US-based Homeis, which is developing a social network designed to connect immigrant communities, raised $4m from investors including Spark.
- US-based PullRequest, which provides AI-powered code review services to software developers, raised $2.3m from investors including Gradient Ventures.
- US-based Descript, which is developing tools that make it easy to edit sound files, rasied $5m from Andreessen-Horowitz.