News - Page 741

TLDR: According to a new report from J.P. Morgan, antibody-drug conjugates (ADCs) were the hottest ticket in the biopharma industry in 2023, driving a spike in licensing deal proceeds. Despite a decrease

Insurtech startup Riskcovry has raised $4.5 million in a bridge funding round led by Dubai-based Morphosis Venture Capital. The funding aligns with predictions of a 2024 tech startup funding boom. Riskcovry operates

TLDR: Christian Reber, CEO of Berlin-based startup Pitch, has announced his resignation and signaled a change in leadership and strategy for the company. Reber acknowledged the challenges faced by venture-backed companies and

TLDR: Indonesian agritech startup Semaai has raised $4.7 million in a pre-Series A funding round led by CyberAgent Capital. The funding brings Semaai’s total funding to $7.6 million and will be used

TLDR: AuditOne, a provider of a smart contract security platform based in Cologne, Germany, has raised €800K in seed funding. The funding round was led by High-Tech Gründerfonds (HTGF), with participation from

TLDR: – The Venture Capital Trust Association (VCTA) has announced Chris Lewis as its new chair. – Lewis is currently the chief financial and operating officer at Pembroke VCT and has 25

TLDR: Focus on DPI (Distributed to Paid-In) ratio and shift to smaller market funds are key priorities for Texas Teachers’ PE chief. The pension fund wants to ensure it is backing the

Title: Ethiopia’s First VC-Backed Incubator, weVenture, Aims to Support Early-Stage Startups TL;DR: Ethiopia’s first venture capital-backed incubator, weVenture, has launched with the aim of identifying, nurturing, and scaling early-stage startups in the

TLDR: – The Venture Capital Trust Association (VCTA) has appointed Chris Lewis as its new chair – Lewis has over 25 years of finance experience and currently serves as CFO and COO

TLDR: Europe’s climate tech sector was resilient against the worst of the venture capital downturn in 2023. Startups operating in energy and biodiversity will remain in demand, with M&A expected to thrive.