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Algolux Closes $18.4M Series B Funding

Algolux, a Montreal, QC, Canada-based computer vision software company, raised $18.4M in Series B funding. The round was led by Forte Ventures and Drive Capital with participation from Investissement Quebec, Castor Ventures, Nikon-SBI Innovation Fund, GM Ventures, Generation Ventures and Intact Ventures. As part of the funding round, Louis Rajczi, Partner at Forte Ventures, and Alistair Mitchell, President at Generation Ventures have joined the Algolux Board of Directors. Alan MacIntosh, Boa...
Allan Benchetrit Alistair Mitchell Investissement Quebec Alan Macintosh Louis Rajczi Matthias Schulze

GM Ventures Increases Funding In AI Software Company Algolux

Sponsored Links Algolux, an AI software company based out of Quebec, has announced the closure of series B funding, raising $18.4 million to help accelerate market adoption of the company’s scalable computer vision and image optimization solutions. GM Ventures was among the companies leading this investment round. The other companies leading the series B funding round included Forte Ventures, Drive Capital, Investissement Quebec, Castor Ventures, Nikon-SBI Innovation Fund, Generation Ventures...
Allan Benchetrit Investissement Quebec Innovation Fund Gm Authority Forte Ventures Drive Capital

i2020 Accelerator Announces New Investments in Cancer-, Inflammation- and Neurology-focused Therapeutics

Share this article Share this article SAN DIEGO, April 29, 2021 /PRNewswire/ -- i2020, an accelerator program backed by the San Diego-based venture company Torrey Pines Investment, has announced multiple start-up and follow-on investment rounds together with OrbiMed and a start-up investment in a European science-based venture, together with OrbiMed and BioGeneration Ventures (BGV). The proceeds of the follow-ons will be used to further support the three previously funded, oncology-focused comp...
New York United States Hong Kong San Diego San Francisco Noord Holland

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BioGeneration Ventures BGV IV Fund Closes at €140 Million

Share: BGV now one of the largest biotech investors in early stage ventures and company creation in Europe BGV IV includes new investors Eli Lilly and Company and Novo Holdings, joining existing investors Bristol Myers Squibb, European Investment Fund, Industriens Pension, KfW Capital, Schroder Adveq Four investments already made from BGV IV, with focus on entrepreneurial, therapeutic innovation BioGeneration Ventures (BGV), a leading early-stage VC in European biopharma, announces the closing...
Noord Holland Acerta Pharma Edward Van Wezel Eli Lilly Schroder Adveq European Investment Fund

Novo Holdings participates in BioGeneration Ventures IV Fund

Share: COPENHAGEN, Denmark, Jan. 7, 2021 /PRNewswire/ -- Novo Ventures, the ventures arm of Novo Holdings, today announces its participation in the BioGeneration Ventures (BGV) oversubscribed fourth fund, BGV IV, which has closed at EUR 140M ($170 million).  As one of the most active biotech investors in US and Europe, Novo Ventures investment strategy is to identify and invest in life science companies developing innovative products with the potential to significantly advance patient care. ...
Noord Holland Acerta Pharma Edward Van Wezel Naveed Siddiqi Eli Lilly Schroder Adveq

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