This Week in Global Business: Investments and Acquisitions Shaping the Future

As the week winds down, it’s time to review some major developments in the global business and technology landscape. From digital workplace solutions to advancements in oncology and AI-driven platforms, several companies have made noteworthy strides. Spanning continents and industries, these stories highlight the fast-paced nature of modern innovation and the investments fueling it.

This Week in Global Business: Investments and Acquisitions Shaping the Future
This Week in Global Business: Investments and Acquisitions Shaping the Future

As the week winds down, it’s time to review some major developments in the global business and technology landscape. From digital workplace solutions to advancements in oncology and AI-driven platforms, several companies have made noteworthy strides. Spanning continents and industries, these stories highlight the fast-paced nature of modern innovation and the investments fueling it.

Here’s a comprehensive look at the key business headlines from the week.

AONIC Secures €152M to Advance Digital Workplaces

Stockholm-based AONIC, a company dedicated to designing digital workplaces for modern professionals, has successfully raised €152M in funding. The investment, led by Metric Capital Partners and Active Ownership, aims to accelerate AONIC’s efforts across PC/console, mobile, and VR platforms. The company also plans to channel the funding into mergers and acquisitions to further expand its footprint in the digital workspace domain.

Cassava Technologies Raises €86.2M for Expansion

Operating across Africa, the Middle East, India, and Latin America, Cassava Technologies is a key player in internet access, cloud solutions, and AI-driven services. This week, the company announced the closing of a €86.2M equity investment round, which included participation from DFC, Finnfund, and Google LLC. These funds will be utilized to strengthen the company’s presence in over 30 markets, with a focus on enhancing its infrastructure and service delivery.

Akamis Bio Lands €57.2M for Solid Tumor Therapies

Oxfordshire-based Akamis Bio, an oncology-focused biotech firm, secured €57.2M in a Series A Prime financing round. Akamis Bio utilizes its proprietary Tumor-Specific Immuno-Gene Therapy (T-SIGn) platform to develop treatments that enable a patient’s immune system to detect and combat cancer. The funding will support the company’s ongoing clinical trials and the development of its therapeutic pipeline aimed at tackling solid tumors.

Keepit Raises €48M for SaaS Data Protection

Danish cloud solutions provider Keepit has completed a €48M funding round. With support from existing investors, including One Peak and EIFO, the company plans to expand its SaaS data protection platform. Keepit’s mission to deliver independent, vendor-neutral data security has resonated with a wide array of enterprise clients globally.

Nuitee Gains €45M for Travel Sector APIs

Dublin-based Nuitee specializes in APIs designed to improve hotel connectivity and booking systems in the travel industry. The company raised €45M in Series A funding led by Accel. The new capital will be used to enhance its platform, which offers streamlined solutions for accommodation providers and demand partners alike.

Bit.bio Advances in Synthetic Biology with €29M

Located in Cambridgeshire, bit.bio focuses on synthetic biology to create human cells for research and drug development. The company secured €29M in funding, led by M&G Investments, to further its work in providing innovative tools for the pharmaceutical and biotech industries.

Everfield Acquires Ondeso for Industrial PC Solutions

London-based Everfield, known for its strategic investments, announced the acquisition of German company Ondeso. Ondeso specializes in centralized management software for industrial PCs, offering enhanced security and streamlined operations. This acquisition aligns with Everfield’s goal of supporting digital transformation initiatives in manufacturing and other industrial sectors.

Corsmed Raises €3.5M to Revolutionize MRI Technology

Swedish medtech startup Corsmed secured €3.5M in seed funding from Luminar Ventures and Big Pi Ventures. The company aims to commercialize its advanced MRI technology, which is based on digital twin principles. Corsmed’s innovations promise to improve the efficiency and accuracy of clinical MRI scanning.

Fluid Wire Robotics Secures €1.2M for Challenging Environments

Fluid Wire Robotics, a company developing robots for use in extreme environments such as underwater, radioactive, or high-temperature areas, has raised €1.2M. The funding, supported by RoboIT, Scientifica Venture Capital, and other investors, will drive advancements in its fully electric robotic manipulators designed for reliability and performance in tough conditions.

Hive Power Secures €3.5M for Smart Energy Solutions

Swiss-based Hive Power specializes in AI algorithms for optimizing energy usage, including smart charging for electric vehicles. The company raised €3.5M in a Seed+ round led by Axpo Group, along with investments from Creadd Ventures and the Swiss Technology Fund. This funding will accelerate Hive Power’s efforts to deliver intelligent energy management systems.

Mindgard Raises $8M to Protect AI Systems

London-based Mindgard focuses on securing AI systems against threats that traditional security tools fail to address. The company’s Dynamic Application Security Testing for AI (DAST-AI) solution continuously evaluates and safeguards AI systems. Backed by $8M in funding led by .406 Ventures and Atlantic Bridge, Mindgard aims to make AI security more actionable and reliable.

Yeastup Turns Waste into Value with CHF 8.9M

Swiss startup Yeastup upcycles yeast by-products from the beer industry into valuable ingredients for food, nutraceutical, and cosmetic markets. The company raised CHF 8.9M to establish a large-scale production facility capable of processing 20,000 tons of yeast annually. This initiative highlights the growing importance of circular economy solutions in reducing industrial waste.

Drifter Gains SEK 36M for Smart Parking Solutions

Swedish firm Drifter is innovating in parking management by integrating EV charging and sustainable solutions into a unified system. The company raised SEK 36M in a funding round led by Imperia Fastigheter AB and other investors. Drifter’s technology aims to benefit property owners and drivers while supporting the development of smart cities.

Comand AI Secures €8.5M for Defense AI Applications

Paris-based Comand AI raised €8.5M in seed funding to develop AI-powered control systems for defense and security operations. Led by Eurazeo with support from Frst and Expeditions Fund, the investment will enable the company to refine its solutions for military applications and expand its market reach.