The Series C round was co-led by R42 Group and Atomico to support clinical trials for rare disease treatments.
"It is truly a pivotal time at Healx. By December 2024, we will advance HLX-1502 into a Phase 2 clinical trial in patients with NF1 both for plexiform neurofibroma, a genetic condition with limited treatment options and for cutaneous neurofibroma, for which there are no FDA approved options. We are also generating important preclinical data for multiple additional compounds identified using our novel generative AI drug discovery engine. Those compounds target rare diseases with significant unmet needs, including additional nerve-related tumor disorders, autosomal dominant polycystic kidney disease and neurodevelopmental disorders such as Angelman syndrome."
Web3.com Ventures participated in the pre-seed round, which will fund protocol development and ecosystem growth.
"At Assisterr, we are building an AI tokenization stack to ensure fair compensation for data owners and contributors. Our platform manages the entire lifecycle of SLM training, enabling features like data provenance tracking, fine-tuning, and the launch of SLM-powered Agents. Web3 component allows data-owners to contribute their data and expertise to domain-specific SLMs and capture the value from such contributions."
The extended reality software provider raised £1m to support a major Middle East contract and expand its presence in the US.
"Luminous is used by the biggest brands in the industrial and manufacturing sectors who have the highest training standards. Our XR platform is paving the way for the adoption of Extended Reality training, providing a scalable, secure solution with many advanced features. The current funding round will now allow us to grow our sales and marketing as we expand globally."
The oversubscribed round was supported by AI expert Daniel Hulme and Stakeholderz.
"It has been fantastic working with Educational Intelligence, and we are so pleased to see them successfully close this round. A huge congratulations to Mike and Cathal – we will keep our investment community in close touch with how EI develops."
Logo Ventures joined returning investors Finberg and Re-Pie Asset Management to back the digital business account provider.
"We first met Yanki in 2021 and have been closely following wamo’s progress over the years and are excited to support the team on their next chapter. wamo has a deep understanding of the needs of SMEs and is laser focused on driving real value by offering better and faster service for its customers."
