German proptech company Myne Homes has taken a significant step forward in its growth and expansion ambitions by securing €40 million from investors for its co-ownership platform for vacation homes. Ramin Niroumand's FinTech Fund, embedded/capital, TruVenturo, the family office of HomeToGo founder Nils Regge, Scope Hanson, Rivus Capital and CoastCap participated in this financing round, which closed in August 2024. Finanscheck founder Moritz Thiele also contributed to this investment round.
Yazar: IŞIL AKPINAR
Axle Energy aims to accelerate the decarbonization of the grid by addressing the challenge of integrating renewables into the grid. To this end, it has received a major boost with a $9 million seed investment led by Accel. Axle Energy is a UK-based startup founded by CEO Karl Bach and CTO Archy de Berker. The company is pioneering the decarbonization of the grid and the integration of renewable energy sources. Its goal is to make energy markets more flexible, connecting flexible assets such as electric vehicles, home batteries and heat pumps. In this way, consumers optimize their energy use, contributing to the environment and reaping financial rewards.
Artificial intelligence company Sybill has raised $11 million. Greycroft led the company's Series A investment round. Neotribe Ventures, Powerhouse Ventures and Uncorrelated Ventures also took part in the US-based company's investment round. Founded in 2020, Sybill has reached a total investment of 14.5 million dollars. The company said it will use the new investment to develop artificial intelligence, hire staff and support market expansion.
Italian technology company Bending Spoons has acquired popular file-sharing service WeTransfer. The move aims to further expand Bending Spoons' influence in the digital services and software sector. The acquisition is one of many strategic moves Bending Spoons is making in 2024.
Florida-based Star Catcher Industries has taken a major step towards building the world's first space-based energy grid. The innovative venture aims to create a network of satellites in low Earth orbit (LEO) that will collect and distribute solar energy.
Flo Health, a company focused on women's health, has completed a $200 million Series C investment round, reaching unicorn status. The round was led by global growth equity firm General Atlantic. Following the investment, Jessie Cai and Tanzeen Syed from General Atlantic will join Flo Health's board of directors. Providing details of the investment and new strategic goals, the company announced that it will use these funds to expand its user base, increase R&D activities, strengthen users' data privacy and strategic acquisitions.
Meddenovo Drug Design announced that it has closed a pre-seed investment round of €1 million. This investment round was led by ACT Venture Partners. Meddenovo Drug Design was founded by Dr. İlke Uğur Marion and Dr. Antoine Marion. The company conducts pharmaceutical research by leveraging artificial intelligence, molecular modeling and the unique properties of peptides to create innovative therapeutic solutions.
London-based nutrition company Zoe has raised $15 million in a Series B investment round. This funding will be used to expand the company's presence in the United States. Zoe is known as a platform that offers its users at-home test kits to analyze blood fat, blood sugar and gut microbiome health. Based on the test results, it gives each food a score between 0 and 100, helping users make healthy eating choices.
Unspun, which stands out with its innovative 3D weaving technology in the fashion industry, raised 32 million dollars in Series B financing round led by DCVC. This round included notable investors such as Lowercarbon Capital, E12, Decathlon and SOSV. Unspun's innovative technology Vega™ aims to revolutionize the fashion industry's supply chains.
Teamfluencer, Turkey's leading influencer marketing platform, received an investment from Nevzat Aydın with a valuation of 3 million dollars in last month's pre-seed investment round. Reaching more than 50 million people monthly with over 450 thousand content producers, the startup stands out as the first platform to bring the nano influencer marketing model to Turkey. Teamfluencer collaborates with brands such as Trendyol, Nike, Pegasus, L'Oreal, Pepsico, McDonald's, Huawei, Amazon, Migros, Dimes, Anadolu Group, Yves Rocher, ETI, Shell, Avon, Penti, İş Bank and Yemeksepeti.