News

G.ST Antivirals reported positive results from Phase I clinical trials on its lead programme, a nasal spray containing 2-Deoxy-D-glucose. Phase II clinical trial funding round led by xista science ventures secured over EUR 6 million.

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ONCO-Boost is a novel class of TLR4 immunostimulants that turn cold tumors into hot ones, increasing the efficacy of other therapies, notably immune-checkpoint inhibitors.

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Swedish startup Rivus Batteries secures €0.5M from xista science ventures, NAVCAP AB, and EIT InnoEnergy to fast-track the deployment of its metal-free battery technology. The company aims to halve the cost and climate footprint of grid-scale energy storage by replacing heavy metal-based electrolytes with organic electrolytes in new flow batteries.

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Further exciting news from our ecosystem

The investment round was led by xista science ventures, a venture fund focused on scientific advancements, with participation from investors 2bX, Heartfelt, Antler and P3A Ventures. infrared.city is a simulation platform for intelligent and resilient climate-aware design based on Artificial Intelligence. The software provides real-time feedback on the performance of building and urban designs and guides users continuously to a more sustainable outcome. With the raised funds, the startup will accelerate its technology development, and expand its engineering team.

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The investment round was co-led by xista science ventures, a renowned venture fund focused on scientific advancements, and Faber, from its Ocean / Climate Tech fund, with participation from esteemed investor Saber GmbH. Subdron's developed solution enhances Autonomous Underwater Vehicles (AUVs) with cutting-edge technology and artificial intelligence for autonomous inspections of underwater infrastructure such as port facilities and ship hulls. With the raised funds, the startup will open a subsidiary in Porto, accelerate its advanced technology, and expand its engineering team.

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ReCatalyst is developing a nano-tech platform for production of next-generation of intermetallic platinum-alloy PEM fuel cell catalysts with the core mission to enable an optimized usage of platinum group metals. Slovenian Startup ReCatalyst was able to convince an outstanding international syndicate consisting of HTGF, xista science ventures and OCCIDENT, along with Slovenian investors, to invest €1.7 million. The funding will be used to enhance market readiness and accelerate process development for ReCatalyst’s next-generation proton exchange membrane (PEM) fuel cell catalysts, which are expected to grow to a $45 billion market by 2030.

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Prewave, the supply chain risk management and compliance platform used by hundreds of clients, secured 18m Euro in funding in a Series A+ by leading European VC Creandum.

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April 19 2023 – Around the Institute of Science and Technology Austria (ISTA) a new innovation ecosystem is growing, which is changing the innovation and spin off landscape in Austria and beyond.

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The Austrian deep tech startup Sarcura closes an oversubscribed €7M Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.

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Newly founded Neurotech startup Brightmind.AI, led by founders Florian Lerchbammer-Kreith and Tamara Gerbert, has announced a foundational pre-seed investment in the company by venture fund IST cube.

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The round will enable the startup to scale its platform, continue to grow its customer base and expand its European footprint

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With financial support from IST cube, AWS, the TESS Research Foundation and the Foundation for USP7-related diseases, Neurolentech is well equipped to close in on new therapeutic targets for severe brain disorders

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