Tag Archives: startup funding

University of Groningen Spin Off modAlgae Selected as Finalist in Academic Startup Competition 2026

(IN BRIEF) modAlgae, a startup originating from the University of Groningen, has been selected as one of the top ten finalists in the Academic Startup Competition 2026. The company, founded in 2024, develops microalgae-derived glycogen for sustainable skincare applications, building … Read the full press release

New Baltic Innovation Fund 3 Aims to Mobilise Up to €700 Million for High-Growth Companies Across Estonia, Latvia and Lithuania

(IN BRIEF) The European Investment Fund, together with Estonia, Latvia and Lithuania, has launched the €225 million Baltic Innovation Fund 3 to strengthen the region’s private equity and venture capital market and mobilise up to €700 million in total investment … Read the full press release

Prosus Ventures backs Orbii with $3.6 million seed round to drive AI-powered SME lending in MENA

(IN BRIEF) Prosus Ventures has led a $3.6 million seed round in Orbii, an AI-powered embedded credit infrastructure platform that enables financial institutions and B2B platforms to launch SME lending products across MENA. The round, which also included VentureSouq, DASH … Read the full press release

Venture Capital Trends Shift as Climate Tech Faces Increased Competition and Cybersecurity, AI Gain Momentum

(IN BRIEF) The venture capital landscape is evolving as priorities shift, with climate technology losing some of its earlier momentum while sectors like cybersecurity, artificial intelligence, and defense see increased investment interest. Young businesses focused on these areas are expected … Read the full press release