Culminate Foods Raises €2.3M in Seed Funding

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Culminate Foods Raises €2.3M in Seed Funding

Culminate Foods, a Berlin, and Hannover, Germany-based cellular agriculture company, raised €2.3M in funding. The round was led by High-Tech Gründerfonds (HTGF). Life Science ValleyWachstumsfonds, b.value AG, Kale United, and Big Idea Ventures also participated. The company intends to use the funds to scale up production processes, expand commercial collaborations and operation. Cultimate Foods is a cellular agriculture company that creates alternative fat ingredients for plant- based meat products. It is a B2B partner in supplying cell-cultivated premium fat ingredient to the alternative meat industry to tackle this problem. The company already run several commercial pilots with the food industry leaders. https://www.finsmes.com/2024/04/culminate-foods-raises-e2-3m-in-seed-funding.html

  • 2 min read
  • Apr 29, 2024 2:47:26 PM

Terra One Secures $7.5 Million in Seed Funding to Ramp Up its Battery Storage Systems

Berlin-based startup Terra One has secured a substantial $7.5 million in seed funding to ramp up its innovative battery storage systems across Germany. Terra One sources lithium-ion batteries from industry leaders such as Tesla and CATL. These batteries are strategically positioned near transmission lines or substations and integrated into the grid via collaboration with Germany’s extensive network of 800 grid operators. The recent funding round, led by PT1 and Neosfer, underscores investor confidence in Terra One’s pioneering approach. Notable participants include 468 Capital, N26 co-founder Maximilian Tayenthal, and scout funds affiliated with industry giants like Andreessen Horowitz and Hedosophia. https://ceoworld.biz/2024/04/25/terra-one-secures-7-5-million-in-seed-funding-to-ramp-up-its-battery-storage-systems/#google_vignette

  • 2 min read
  • Apr 29, 2024 2:43:54 PM

Estonian spacetech 10Lines bags €1.5M for its autonomous parking lot marking robots

10Lines, an Estonian startup developing autonomous parking lot marking robots, has raised €1.5 million. The funding round was led jointly by Tera Ventures and Karista, with participation from Butterfly Ventures and Mike Oliinyk (ex-Uber, Wise, and Wolt). 10Lines aims to capitalise on the growing demand for autonomous line marking solutions. The additional capital will enable 10Lines to accelerate the development of its autonomous robots and software, expand its team of top-tier engineering talent, and strengthen its market presence in the USA. https://techfundingnews.com/estonian-spacetech-10lines-bags-e1-5m-for-its-autonomous-parking-lot-marking-robots/

  • 1 min read
  • Apr 29, 2024 2:40:37 PM

Berlin-based goodcarbon bags €5.25M to help companies achieve net-zero goals

goodcarbon, a Berlin-based startup provides a platform for companies seeking to establish and manage trustworthy, long-term carbon credit portfolios from Nature-based Solution assets. In a recent development, goodcarbon bagged €5.25 million in funding led by Ocean 14 Capital, alongside participation from Silverstrand Capital, high-profile angel investors, and existing investors Planet A Ventures, 468 Capital (recently backed UserHub), and Greenfield Capital. This funding will support the market launch of high-quality Nature-based Solutions, assisting companies in achieving their long-term climate neutrality and net zero goals. https://techfundingnews.com/berlin-based-goodcarbon-bags-e5-25m-to-help-companies-achieve-net-zero-goals/

  • 1 min read
  • Apr 29, 2024 2:38:11 PM

Robotics startup 10Lines raises €1.5M for autonomous pavement marking

10Lines, an Estonian robots startup that builds and manufacturers autonomous line-marking robots, has raised €1.5M in Series A funding following its Seed round in July 2021. Founded in 2019, 10Lines aims to capitalise on the growing demand for line marking without a person in the loop; having already made inroads into the US market. The additional capital will enable 10Lines to accelerate the development of its autonomous robots and software, expand its engineering talent and strengthen its market presence in the USA. The round was jointly led by Tera Ventures and Karista, along with participation of Butterfly Ventures and Mike Oliinyk. https://tech.eu/2024/04/26/robotics-startup-10lines-raiases/

  • 1 min read
  • Apr 29, 2024 2:35:46 PM

Polish startup ForActive secures over $1.6M for fitness payment and comms app

ForActive, a Polish company developing a payments and communication app for independent sports instructors, has raised over $1.6 million in a Pre-Seed round.

  • 1 min read
  • Apr 29, 2024 2:32:14 PM

Ricoh acquires software startup natif.ai with advanced AI technology

Ricoh Company, Ltd. today announced the acquisition of natif.ai, a German software startup company offering artificial intelligence (AI)-enabled Intelligent Capture, advanced image recognition and optical character recognition (OCR) technologies.

  • 1 min read
  • Apr 29, 2024 2:27:37 PM

    Culminate Foods Raises €2.3M in Seed Funding

    Culminate Foods, a Berlin, and Hannover, Germany-based cellular agriculture company, raised €2.3M in funding. The round was led by High-Tech Gründerfonds (HTGF). Life Science ValleyWachstumsfonds, b.value AG, Kale United, and Big Idea Ventures also participated. The company intends to use the funds to scale up production processes, expand commercial collaborations and operation. Cultimate Foods is a cellular agriculture company that creates alternative fat ingredients for plant- based meat products. It is a B2B partner in supplying cell-cultivated premium fat ingredient to the alternative meat industry to tackle this problem. The company already run several commercial pilots with the food industry leaders. https://www.finsmes.com/2024/04/culminate-foods-raises-e2-3m-in-seed-funding.html

    • 2 min read

    Terra One Secures $7.5 Million in Seed Funding to Ramp Up its Battery Storage Systems

    Berlin-based startup Terra One has secured a substantial $7.5 million in seed funding to ramp up its innovative battery storage systems across Germany. Terra One sources lithium-ion batteries from industry leaders such as Tesla and CATL. These batteries are strategically positioned near transmission lines or substations and integrated into the grid via collaboration with Germany’s extensive network of 800 grid operators. The recent funding round, led by PT1 and Neosfer, underscores investor confidence in Terra One’s pioneering approach. Notable participants include 468 Capital, N26 co-founder Maximilian Tayenthal, and scout funds affiliated with industry giants like Andreessen Horowitz and Hedosophia. https://ceoworld.biz/2024/04/25/terra-one-secures-7-5-million-in-seed-funding-to-ramp-up-its-battery-storage-systems/#google_vignette

    • 2 min read

    Estonian spacetech 10Lines bags €1.5M for its autonomous parking lot marking robots

    10Lines, an Estonian startup developing autonomous parking lot marking robots, has raised €1.5 million. The funding round was led jointly by Tera Ventures and Karista, with participation from Butterfly Ventures and Mike Oliinyk (ex-Uber, Wise, and Wolt). 10Lines aims to capitalise on the growing demand for autonomous line marking solutions. The additional capital will enable 10Lines to accelerate the development of its autonomous robots and software, expand its team of top-tier engineering talent, and strengthen its market presence in the USA. https://techfundingnews.com/estonian-spacetech-10lines-bags-e1-5m-for-its-autonomous-parking-lot-marking-robots/

    • 1 min read

    Berlin-based goodcarbon bags €5.25M to help companies achieve net-zero goals

    goodcarbon, a Berlin-based startup provides a platform for companies seeking to establish and manage trustworthy, long-term carbon credit portfolios from Nature-based Solution assets. In a recent development, goodcarbon bagged €5.25 million in funding led by Ocean 14 Capital, alongside participation from Silverstrand Capital, high-profile angel investors, and existing investors Planet A Ventures, 468 Capital (recently backed UserHub), and Greenfield Capital. This funding will support the market launch of high-quality Nature-based Solutions, assisting companies in achieving their long-term climate neutrality and net zero goals. https://techfundingnews.com/berlin-based-goodcarbon-bags-e5-25m-to-help-companies-achieve-net-zero-goals/

    • 1 min read

    Robotics startup 10Lines raises €1.5M for autonomous pavement marking

    10Lines, an Estonian robots startup that builds and manufacturers autonomous line-marking robots, has raised €1.5M in Series A funding following its Seed round in July 2021. Founded in 2019, 10Lines aims to capitalise on the growing demand for line marking without a person in the loop; having already made inroads into the US market. The additional capital will enable 10Lines to accelerate the development of its autonomous robots and software, expand its engineering talent and strengthen its market presence in the USA. The round was jointly led by Tera Ventures and Karista, along with participation of Butterfly Ventures and Mike Oliinyk. https://tech.eu/2024/04/26/robotics-startup-10lines-raiases/

    • 1 min read

    Polish startup ForActive secures over $1.6M for fitness payment and comms app

    ForActive, a Polish company developing a payments and communication app for independent sports instructors, has raised over $1.6 million in a Pre-Seed round.

    • 1 min read

    Ricoh acquires software startup natif.ai with advanced AI technology

    Ricoh Company, Ltd. today announced the acquisition of natif.ai, a German software startup company offering artificial intelligence (AI)-enabled Intelligent Capture, advanced image recognition and optical character recognition (OCR) technologies.

    • 1 min read

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