LAUNCHub Ventures is an early-stage venture capital fund focusing on technology startups in Central and South Eastern Europe and global diaspora founders.
The financing round was led by LAUNCHub Ventures and Kadmos Capital to fund the company's shift towards the diagnostics market.
"We are thrilled to have the support of LAUNCHub Ventures and Kadmos Capital, who share our vision for a healthier future. This funding round marks a significant milestone for GlycanAge, and we are excited to continue our journey towards transforming healthcare and empowering individuals to take control of their well-being."
The seed round was led by LAUNCHub Ventures with participation from Lunar Ventures, Techstart, and 7% Ventures.
"We are amassing the largest 3D product repository in retail, aiming to reach over 100,000 products this year. The sky’s the limit: a streamlined process of adding any existing product to our database in minutes is in place,"
The financing round was co-led by Speedinvest and firstminute capital to help double the startup engineering team.
"In one case, a machine learning engineer used Tenyks to identify the root causes of 80% of their algorithm’s failures. These findings helped them deliver higher quality results to their customers because of the significantly improved system performance. Moreover, future new deployments can be onboarded in half the time because the engineers can now focus their efforts on alleviating the key bottlenecks,"
The round was co-led by Foundation Capital and BACKED VC to support international expansion and strategic acquisitions.
"Our mission is to connect and bank the global crypto industry. This game-changing financing backed by both venture capital and strategic client interests, empowers us to accelerate that mission and build bigger, better, deeper infrastructure which is so critical to the growth of this industry."