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- Fearless Fund setback in court, LifeBrand helps you be 'un-cancellable' and more in VC this week
Fearless Fund setback in court, LifeBrand helps you be 'un-cancellable' and more in VC this week
Team @ deelscoop
June 04, 2024
News in VC this week
Fearless Fund's Strivers Grant, was ruled by the court as a violation of civil rights because it only allows black women to apply. Read more on TechCrunch
SuperAI launches its first conference in Singapore with thousands of attendees and leaders in the field. Read more here
State of Venture Capital
2023 vs 2024 total funding amounts worldwide (Seed-Series D+)
1 Country 1 Investment
This week’s country is: Belgium
Novobiom (Seed, May ‘24) - €2.16m: Bio-inspired environmental technologies
Provider of waste management services and consultation intended to treat contaminated soil biologically. The company's mycoremediation technology uses mushrooms to address soil pollution and offers innovation guidance through biomimetic approaches. Novobiom raised funding from Noshaq, Climate Insiders, and Circular Innovation Fund. CIRI Ventures, Planetary Impact Ventures, and other angel investors also participated. The funds will help develop a biorefinery pilot plant, prepare the commercial launch of soil remediation solutions, and expand the team.