Friday is here, and so is your brief!🔥
Vienna Wunderkind Wows Investors🤖
Prewave, a Vienna-based AI-driven platform specialising in supply chain risk management, has secured €63 million in Series B financing led by Hedosophia, aiming to revolutionise global supply chains with its superintelligence platform. This funding round, supporting Prewave's expansion and further development of its proprietary AI technology, reflects the company's rapid growth and commitment to enhancing supply chain transparency, compliance, and resilience amid escalating regulatory demands. Prewave’s solution offers comprehensive risk management by automating the monitoring of supply chain disruptions and regulatory compliance, effectively reducing operational workload and ensuring business continuity.
👉https://bit.ly/45GZEVn
You Stay on SkyMind⚕️
SkyCell AG, a Swiss pioneer in smart pharmaceutical transport solutions, has successfully closed its Series D with another $59 million, pushing its valuation to $635 million. This latest investment, led by Tybourne Capital Management and CCI, is earmarked for expanding SkyCell's innovative containers into new markets. SkyCell's containers significantly reduce the carbon footprint associated with pharmaceutical logistics. The company employs "smart containers" equipped with machine learning and software to strictly regulate temperature, humidity, and vibration levels. Additionally, it has developed a software named "SkyMind," which facilitates the global transportation of pharmaceuticals for their manufacturers.
👉https://bit.ly/4bgPdJz
From Trash to Treassure 🚮
Aether Fuels, an e-fuels startup specialising in sustainable aviation and maritime shipping fuels, has successfully raised $30.4 million of a planned $34.3 million funding round. Originating from Xora Innovation, a Temasek-backed deep-tech incubator, this venture is advancing a unique technology that transforms carbon dioxide and other waste carbon streams including industrial emissions, landfill methane, and agricultural residues into viable fuels. This capital influx, which follows an earlier $8.5 million raised via convertible notes, aims to bolster the company’s pursuit of decarbonising high-impact industries through innovative fuel solutions.
👉https://bit.ly/3VJJYfu
Not Just Hot Air🐄
M2X Energy Inc., an innovator in converting stranded methane to low-carbon methanol, has secured $40 million in Series B funding, with Conifer Infrastructure Partners spearheading the investment. This substantial financial infusion will accelerate the manufacturing and deployment of M2X’s transportable and modular gas-to-liquid systems, aimed at significantly cutting emissions through sustainable methanol production. This strategic funding will bolster M2X’s capabilities to scale up their technology for global markets, supporting their mission to enhance the circular economy and reduce the environmental impact of methane emissions.
👉https://bit.ly/45JS5xt