(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market … Read the full press release
Posted in Artificial Intelligence (AI), Financial, Industrial, Infrastructure & Utilities, Poland, Technology
Tagged 3PLs, AI, AI-powered robotic picking, Almaz Capital, artificial intelligence, Bruno Lusic, Central and Eastern Europe, E-Commerce, e-commerce distributors, early-stage investments, EBRD Venture Capital, fashion, groceries, growth-stage investments, Kacper Nowicki, Khosla Ventures, labour shortages, logistics, marketing, Nomagic, Operational Efficiency, pharmaceuticals, Poland, Product Development, retail, robot-as-a-service, robotics, sales, Series B funding, supply chain, technology companies, warehouse automation
(IN BRIEF) Formo, a Berlin-based food tech company, has secured a €35 million loan from the European Investment Bank (EIB) to scale up its fermentation processes for producing dairy and egg alternatives. This brings the company’s total financing to over … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Animal Welfare, animal-free, Austria, bioidentical milk proteins, blue cheese, caseins, dairy alternatives, egg alternatives, egg substitute, EIB, environmental impact, fermentation processes, food system resilience, food tech, Formo, Frischhain, Germany, Greek feta, health, INNOVATION, InvestEU, Koji mushrooms, Metro, micro-fermentation, Nicola Beer, partnership, protein-rich, Raffael Wohlgensinger, REWE, Series B funding, sustainability, sustainable consumption, sustainable food production, synthetic biotechnologies, white cheese, €135 million, €35 million loan
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