Tarek is the founding partner at Type One Ventures. He serves as an investor and board member for several space and aerospace organisations, including Axiom Space, Lunar Outpost, and SpaceX.
The seed round was co-led by LocalGlobe and Breega.
"We are enabling the creation of more perfect crystals in orbit that unlock drug formulations simply not achievable on Earth–a paradigm shift for cancer therapies and the pharmaceutical industry at large"
The seed round was led by IQ Capital with participation from Type One and Creator Fund.
"We are excited about the opportunity which the investment will provide for Signaloid to accelerate the adoption of our platform. The investment will allow us to further strengthen the team in strategic areas and to scale the number of use cases of our platform, from the hundreds of signed-up users we have on our developer platform today, to a larger number of production deployments of our cloud-based and edge-hardware compute engine, by our customers."
The round was co-led by Presidio Ventures and East Innovate to support global scaling.
"We are delighted to have received this investment from our funding partners, both new and old. This funding will give TOffeeAM the opportunity to scale globally and continue to help businesses across numerous industries to design innovative products."
The record seed round was co-led by SpaceFund, Type One, and World Fund.
"Over the last three years we have taken our return technology from paper designs to real hardware. This support from our investors will supercharge our development plans to lead the way in making space work for humanity."