Browsing: Raises

Arctic Therapeutics has raised an oversubscribed $21.5 million financing round to advance two additional pipeline programs toward clinical development while continuing partnering and out-licensing efforts for its lead clinical-stage assets. The financing was led by investment firm Pekron, Investcorp-backed Sanos Group, Icelandic investment company Kaldbakur, and Landvættir, an Icelandic venture capital fund managed by AxUM…

When Alex Baikovitz co-founded Mach9 Robotics in 2021, his goal was to build a better, faster, and cheaper way for civil engineers to do visual inspections. The company aimed to cut through red tape and modernize the slow, outdated processes that bog down construction in the United States.

After chips and power, the A.I. industry faces its next bottleneck, and this time it is light: The Dutch photonics start-up Photon Bridge has raised €10 million (about $11.2 million) to make lasers for A.I. data centers manufacturable in the millions. The round is co-led by the Amadeus APEX Technology Fund, which Vienna-based APEX Ventures…