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Stockholm’s BioLamina secures €20M EIB loan to scale the protein matrices that make cell therapies possible

The European Investment Bank is lending €20 million to BioLamina, the Swedish biotech that supplies the laminin-based cell culture matrices used by stem cell therapy developers worldwide. The fundin [...]

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GIC-backed battery maker Envision AESC is considering a $2 billion Hong Kong IPO

The Japan-headquartered EV battery manufacturer, controlled by China’s Envision Group and backed by Singapore’s sovereign wealth fund GIC, is mulling an IPO in Hong Kong that could raise up to $2 [...]

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Sequoia raises $7 billion for its biggest-ever late-stage fund

The Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in Nov [...]

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Ericsson narrowly misses Q1 profit forecasts as North America unwind

The Swedish telecoms equipment maker narrowly missed profit forecasts, with adjusted EBITA falling 20% year-on-year to SEK 5.6 billion. North America, which drove a 20%+ surge in Q1 2025, declined sha [...]

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OpenAI launches GPT-Rosalind, a specialised AI model for drug discovery and life sciences research

Named after the crystallographer who helped reveal the structure of DNA, GPT-Rosalind is OpenAI’s first domain-specific model series, fine-tuned for biochemistry, genomics, and protein engineering. [...]

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DeepL launches real-time voice-to-voice translation in 40+ languages

The Cologne-based translation company best known for its text tools has unveiled a full voice product suite covering meetings, conversations, group settings, and an API for enterprise integration. A l [...]

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AlixLabs closes €15M Series A to commercialise the atomic etching technology

AlixLabs, the Lund-based semiconductor process startup developing Atomic Pitch Splitting (APS™), has completed its €15M Series A with a strategic top-up from Finnish investor Stephen Industries. T [...]

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ONWARD Medical raises €40.6M to advance its spinal cord stimulation implant

The Eindhoven neurotechnology company is using the proceeds to fund its Empower BP pivotal trial, which tests whether its implantable ARC-IM® system can treat blood pressure instability after spinal [...]

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EU awards its €180 million sovereign cloud contract to four European providers

Post Telecom (with CleverCloud and OVHcloud), StackIT, Scaleway, and Proximus (with S3NS, a Thales – Google Cloud joint venture, plus Clarence and Mistral) have won the European Commission’s six-y [...]

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