Inotec AMD, whose product NATROX O₂ is a forerunner in continuous topical oxygen therapy (cTOT) for advanced wound care, has announced the successful close of a $33 million Series C financing round. The funding, led by existing investors, Amadeus Capital Partners, Meltwind, Puhua Capital and the Wealth Club, marks a major milestone in the company’s mission to heal every chronic wound and improve patients’ lives on a global scale.
Predium, a provider of ESG management solutions for the real estate and finance industry, has successfully closed a Series A financing round of €13 million. With this investment, Predium strengthens its position as the Real Estate Intelligence Platform for sustainable and economical real estate management.
The planet is facing a real biodiversity crisis that can no longer be ignored. More than half of the global GDP relies to some extent on nature, and according to the IPBES, one million species are currently threatened, representing the sixth mass extinction. This is a matter of urgency, and businesses have an important role to play in protecting biodiversity. Together with darwin, they will find the keys to more sustainable business models.
The International Olympic Committee (IOC), in collaboration with Alibaba.com, has officially launched the first phase of the fourth edition of the Athlete365 Business Accelerator programme, which aims to empower current and former elite athletes to transfer their skills into successful business ventures.
In the 12 months ending 31 October 2024, one in 427 adults in England and Wales entered insolvency, higher than the 12 months to October 2023. Combine this with overall registered company insolvencies in 2024 tracking similarly to 2023’s figures – which were the highest for a decade – leading finance and small business experts have pooled their wisdom and launched a new eBook to help SMEs survive.
Berlin-headquartered fintech bunch has launched in the UK, bringing its operating system for private equity and venture capital funds to the largest market in Europe. The move builds on a stellar year of growth for the company, which has tripled both its revenue and Assets under Administration over the past 12 months.
Tembo, the award-winning digital savings and mortgage platform, specialising in maximising affordability, has raised £14 million in funding. The Series B round was led by Goodwater Capital with participation from Tembo’s existing investors including Aviva, Ascension Ventures, Love Ventures and McPike Family Office. This brings the company’s total funding raised to £20 million.
With significant economic disruption over the past few years, the ability to adapt to changing circumstances quickly has never been more important for businesses. Increasingly, there are instances of sudden pressure on organisations to adopt the latest technology, such as the push to move to cloud computing models or embrace AI.
Open science startup and preprint network DeSci Labs has been listed as one of the 20 Most Innovative Companies to Watch, 2024, by Business Worldwide Magazine. This is DeSci Labs’ second accolade within a month following its Lab Awards success in the Best Automation & Data Innovation category at Lab Innovations 2024.
Ever since OpenAI’s ChatGPT burst onto the scene towards the end of 2022, Generative AI has become one of the most talked about technologies – and potentially the most transformative – since the advent of the Internet. Although the field of AI research was first founded over 60 years ago and the technology has been through a number of ‘hype bubbles’ and ‘AI winters’ since then, only in the last few years has it truly gained momentum in a mainstream capacity.









