News

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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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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Further exciting news from our ecosystem

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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Photo of the Sarcura Founding Team

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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