Newsletter 31 May 2024
Full version: Web Aticeo
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#healthcare #innovation #impact
Trends
 

EMERGING TECHNOLOGIES TO TACKLE CANCER

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Among the numerous milestones achieved by the scientific community, early cancer detection and treatment stand at the forefront. In 2020, the World Health Organization (WHO) reported 19.3 million new cancer cases. Against that background, numerous startups have emerged, providing both scientific advancements and emotional support to patients facing this challenging diagnosis.

 

UK-based Grey Wolf Therapeutics is a drug discovery biotechnology company focused on immuno-oncology. Their approach targets the enzymes that play a critical role in the immune system's antigen presentation pathway. By inhibiting these enzymes, the firm aims to develop treatments for a wide range of diseases, including autoimmune disorders, cancer, and infectious diseases. 

 

French startup Resilience harnesses the power of digital solutions to improve remote patient monitoring for cancer patients. Their platform provides a comprehensive virtual space where patients can connect with specialists from all over the world alongside collecting personal data. It also offers educational resources such as articles, podcasts and videos to help them understand and adhere to their treatment.

 

PE & VC Investments

#M&A

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Reveal acquires Barcelona startup Onna Technologies

 

 

 

Reveal, a leading provider of AI-powered eDiscovery platforms, has recently acquired Barcelona-based startup Onna Technologies, a company specializing in managing unstructured data from cloud-based collaboration tools. This strategic move will enhance Reveal's  data collection capabilities and streamline its eDiscovery platform’ process for legal teams.

 

The integration of Onna’s expertise in handling data from different sources (such as Slack, Microsoft Teams and Zoom) will empower legal teams to collect relevant data more efficiently from these collaboration tools, often used extensively within corporations.

 

As a result, legal teams will benefit from substantial time and cost savings processes, ultimately leading to a more streamlined and efficient experience for their clients.

 

 

 

 

 

#Startups

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Sweden-based textile company Syre raises EUR 92.2 Mln 

 

 

The recent Series A of Syre means to fuel its plans to decarbonize and de-waste the textile industry. The round was led by founding investor TPG Rise Climate, with additional investment from  H&M Group, Giant Ventures, IMAS Foundation, Norrsken VC, and Volvo Cars.

 

The Swedish startup, founded in March 2024, seeks to reduce waste and carbon emissions associated with textile production through innovative recycling processes. The company’s focus on polyester recycling targets the non-biodegradable nature of the material.

 

With this funding, Syre plans to establish plants in both Vietnam and Iberia, which will enable large-scale textile recycling, contributing to a more sustainable and circular economy.

 

 

 

 

 

 

#Fundraising

 
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Sustainability VC firm ETF Partners raises EUR 238 Mln fund

 

 

ETF Partners, a venture capital firm dedicated to sustainability and impact investing, has successfully raised a fourth fund of EUR 285 Mln. The fund is supported by the European Investment Fund and British Patient Capital.  

 

The VC firm seeks out companies that develop clean energy technologies and promote climate resilience. It will also support health-focused startups that improve access to healthcare and enhance well-being.

 

ETF Partners will actively engage with its portfolio companies, offering expertise, operational support, and access to a valuable network. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Coming up
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