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Avenue Biosciences raises $5.7M to scale high-throughput protein engineering

Avenue Biosciences raises $5.7M to scale high-throughput protein engineering Finnish protein engineering company Avenue Biosciences has raised  $5.7 million in a Seed extension funding round co-led by Balnord and Tesi, with support from existing investors Voima Ventures, Inventure, University of Helsinki, and Dimerent. The funding aims to help scale its

French startup Harmattan AI hits unicorn status, as it strikes deal with French aerospace group

French startup Harmattan AI hits unicorn status, as it strikes deal with French aerospace group French autonomous defence systems startup Harmattan AI says it has hit a $1.4bn valuation, after raising $200m, in a funding round led by French aerospace group Dassault Aviation, which has inked a strategic partnership with the

Finnish startup Avenue Biosciences secures €4.8 million to help drugmakers manufacture proteins more reliably

Finnish startup Avenue Biosciences secures €4.8 million to help drugmakers manufacture proteins more reliably Helsinki-based Avenue Biosciences, a protein engineering technology company, today announced a Seed extension of €4.8 million ($5.7 million) to scale a high-throughput protein engineering tech that accelerates the discovery of protein-based therapies and tools for the

Female-led Swiss BioTech FluoSphera secures €1.23 million to advance animal-free, human-relevant drug discovery

Female-led Swiss BioTech FluoSphera secures €1.23 million to advance animal-free, human-relevant drug discovery Geneva-based BioTech startup FluoSphera today announced that it has raised €1.23 million (CHF 1.15 million) in funding to make drug discovery faster, safer, and more human-relevant with its patented multi-tissue platform.  The round was led by Soulmates

Former F1 champion Nico Rosberg pushes Rosberg Ventures to close third fund at €86 million

Former F1 champion Nico Rosberg pushes Rosberg Ventures to close third fund at €86 million Former F1 World Champion Nico Rosberg is once again accelerating forward – this time not on the track, but in the venture capital world. His firm, Rosberg Ventures, has announced the close of its third

Swiss LegalTech startup Ex Nunc Intelligence closes €1.8 million round for its ‘Silex’ platform

Swiss LegalTech startup Ex Nunc Intelligence closes €1.8 million round for its ‘Silex’ platform Lausanne-based Ex Nunc Intelligence, the developer of a LegalTech platform Silex, has today announced the closing of an oversubscribed pre-Seed round of €1.8 million ($2.15 million) to create the infrastructure layer for legal intelligence. The round

Inside Croatia’s startup scene: 10 startups worth keeping an eye on in 2026

Inside Croatia’s startup scene: 10 startups worth keeping an eye on in 2026 As part of our annual country-by-country series, we now turn our attention to Croatia, a market that continues to build momentum within Europe’s innovation landscape. While smaller than some of its neighbours, Croatia has developed a growing

Ukrainian startup StackBob.ai appoints American CEO for global scaling

Ukrainian startup StackBob.ai appoints American CEO for global scaling Ukrainian startup StackBob.ai has announced a change in its management team: Nick Hunt has become the company’s new CEO. Co-founder Ole Shved is moving to the position of Chief Product Officer (CPO). This was reported to AIN by the company. StackBob.ai

Meta blocked over 500,000 accounts due to the ban on social media for children in Australia

Meta blocked over 500,000 accounts due to the ban on social media for children in Australia Meta blocked 550,000 accounts belonging to Australian children under the age of 16 in the first days of the law prohibiting teenagers from using social networks, BBC reports. In December, legislation came into force

Finnish biotech Avenue Biosciences raises $5.7M to scale protein engineering technology

Finnish biotech Avenue Biosciences raises $5.7M to scale protein engineering technology Avenue Biosciences, a Finnish protein engineering technology company, has raised $5.7M in seed extension funding round. The round was co-led by Balnord, and Tesi, with support from existing investors Voima Ventures, Inventure, University of Helsinki, and Dimerent, to scale a