logo
#

Latest news with #VertexVentures

SWARM Biotactics Raised €13M to Advance Bio-Robotics From Lab to Field
SWARM Biotactics Raised €13M to Advance Bio-Robotics From Lab to Field

National Post

time24-06-2025

  • Business
  • National Post

SWARM Biotactics Raised €13M to Advance Bio-Robotics From Lab to Field

Article content KASSEL, Germany & SAN FRANCISCO — SWARM Biotactics, developer of bio-robotic systems based on fully controllable living insects for mission-critical operations, has secured €10 million in seed funding, bringing its total raised to €13 million, including a €3 million pre-seed. The round was backed by a consortium of international investors from Europe, the United States, and Australia, including Vertex Ventures US, Possible Ventures, and Capnamic, who was the first investor in the pre-seed round. Several early backers also increased their stakes in the oversubscribed round. Article content SWARM Biotactics secures €13 M seed funding to scale insect-based bio-robotic swarms, delivering silent ISR and real-time data for defense, security and disaster response in high-risk, denied terrain beyond drone and robot reach. Article content UNMATCHED ACCESS FOR CRITICAL MISSIONS Article content SWARM Biotactics is creating a new category of robotics: living, intelligent systems designed for environments where machines can't go—cluttered, denied, and high-risk terrain. Bio-robotic swarms consist of cockroaches equipped with a custom-built backpack for control, sensing, and secure communication—enabling precise navigation and real-time data collection in the most inaccessible places. SWARM delivers highly scalable bio-robotic systems for defense, security, and disaster response. Article content 'We're entering a decade where access, autonomy, and resilience define geopolitical advantage,' said Stefan Wilhelm, CEO of SWARM Biotactics. 'Conventional systems fail where control is needed most—denied zones, collapsed infrastructure, politically complex terrain. Article content SWARM is the first company building an entirely new category of robotics: biologically integrated, Article content AI-enabled, and mass-deployable systems for persistent intelligence in places no drone or ground robot can reach. This funding moves us from deep tech to deployment—delivering the infrastructure democracies need to operate more smartly, more safely, and with total tactical awareness.' Article content SWARM will use the new funding to transition from advanced research to field deployment. Priorities include: Article content Launching operational pilots in Europe and North America with defense, national security, and emergency response agencies. Scaling production of proprietary sensor backpacks, neural interfaces, and swarm infrastructure. Expanding its R&D centers and its international go-to-market and engineering hub. Recruiting top talent in insect neurobiology, embedded AI, field robotics, and dual-use system integration. Article content 'Our mission is to build a scalable, dual-use intelligence platform that adapts to any terrain, threat, or mission,' Article content said Moritz Strube, CTO and co-founder. Article content 'This funding round validates the vision—and brings in the right global partners to help us scale.' Article content ABOUT SWARM BIOTACTICS Article content Founded in 2024, SWARM Biotactics develops fully controllable bio-robotic systems for defense, national security, disaster response, and industrial inspection. By combining biology with edge AI, swarm intelligence, and secure communications, SWARM delivers real-time data from the world's most inaccessible places. The company is headquartered in Kassel, Germany, with a U.S. subsidiary in San Francisco, California. Article content Article content Article content Article content

SWARM Biotactics Raised €13M to Advance Bio-Robotics From Lab to Field
SWARM Biotactics Raised €13M to Advance Bio-Robotics From Lab to Field

Yahoo

time24-06-2025

  • Business
  • Yahoo

SWARM Biotactics Raised €13M to Advance Bio-Robotics From Lab to Field

KASSEL, Germany & SAN FRANCISCO, June 24, 2025--(BUSINESS WIRE)--SWARM Biotactics, developer of bio-robotic systems based on fully controllable living insects for mission-critical operations, has secured €10 million in seed funding, bringing its total raised to €13 million, including a €3 million pre-seed. The round was backed by a consortium of international investors from Europe, the United States, and Australia, including Vertex Ventures US, Possible Ventures, and Capnamic, who was the first investor in the pre-seed round. Several early backers also increased their stakes in the oversubscribed round. UNMATCHED ACCESS FOR CRITICAL MISSIONS SWARM Biotactics is creating a new category of robotics: living, intelligent systems designed for environments where machines can't go—cluttered, denied, and high-risk terrain. Bio-robotic swarms consist of cockroaches equipped with a custom-built backpack for control, sensing, and secure communication—enabling precise navigation and real-time data collection in the most inaccessible places. SWARM delivers highly scalable bio-robotic systems for defense, security, and disaster response. "We're entering a decade where access, autonomy, and resilience define geopolitical advantage," said Stefan Wilhelm, CEO of SWARM Biotactics. "Conventional systems fail where control is needed most—denied zones, collapsed infrastructure, politically complex terrain. SWARM is the first company building an entirely new category of robotics: biologically integrated, AI-enabled, and mass-deployable systems for persistent intelligence in places no drone or ground robot can reach. This funding moves us from deep tech to deployment—delivering the infrastructure democracies need to operate more smartly, more safely, and with total tactical awareness." FROM DEEP TECH R&D TO OPERATIONAL READINESS SWARM will use the new funding to transition from advanced research to field deployment. Priorities include: Launching operational pilots in Europe and North America with defense, national security, and emergency response agencies. Scaling production of proprietary sensor backpacks, neural interfaces, and swarm infrastructure. Expanding its R&D centers and its international go-to-market and engineering hub. Recruiting top talent in insect neurobiology, embedded AI, field robotics, and dual-use system integration. "Our mission is to build a scalable, dual-use intelligence platform that adapts to any terrain, threat, or mission," said Moritz Strube, CTO and co-founder. "This funding round validates the vision—and brings in the right global partners to help us scale." ABOUT SWARM BIOTACTICS Founded in 2024, SWARM Biotactics develops fully controllable bio-robotic systems for defense, national security, disaster response, and industrial inspection. By combining biology with edge AI, swarm intelligence, and secure communications, SWARM delivers real-time data from the world's most inaccessible places. The company is headquartered in Kassel, Germany, with a U.S. subsidiary in San Francisco, California. View source version on Contacts PRESS CONTACTinfo@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Kazam raises $6.2 million to expand global EV infra
Kazam raises $6.2 million to expand global EV infra

Time of India

time23-06-2025

  • Automotive
  • Time of India

Kazam raises $6.2 million to expand global EV infra

Bengaluru: Kazam, an electric mobility technology company based in Bengaluru, announced a $6.2 million Series B fundraise led by the International Finance Corporation (IFC), with participation from existing investors Vertex Ventures and Avaana Capital. The fresh capital will help Kazam expand its digital EV infrastructure offerings across markets and support the global shift towards sustainable transportation, founder and CEO Akshay Shekhar told TOI. The Series B round brings Kazam's total funding to $19.2 million, including $13 million in equity financing from earlier rounds led by Avaana Capital, Vertex Ventures, and Chakra Ventures. 'Kazam is building the digital infrastructure for EVs at scale, a critical piece in the global shift to clean mobility,' said Akshay Shekhar, CEO and cofounder, Kazam. 'IFC's backing is a strong signal of the role our platform can play in decarbonizing transportation across emerging markets.' IFC emphasised the role this investment will play in making charging infrastructure more accessible across the country. 'EVs are key to accelerating India's economic growth and energy transition. Kazam's approach will help scale the EV ecosystem and expand access to charging infrastructure, supporting the broader adoption of clean transportation across the nation,' said Wendy Werner, IFC's Country Head for India and Maldives. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like KAVA בכנרת - לחיות מול הפריים המושלם - החל הפריסייל במחירי השקה מיוחדים! Kava בכנרת Undo Avaana Capital's Swapna Gupta added, 'Kazam is building the energy gateway for mobility. Its approach to creating a scalable, interoperable digital ecosystem for the EV sector is pivotal for global adoption. As EVs evolve, Kazam will play a pivotal role in shaping the digital backbone of the future of transportation.' Kazam has witnessed significant growth, achieving revenues of $6 million in FY25, four times its FY24 revenues, and is targeting $12 million this fiscal year, with Ebitda positivity in sight. The company has onboarded over 68,000 chargers, enabled more than 5 million charging sessions, and facilitated over 45 GWh of energy, avoiding an estimated 46,000 tons of carbon dioxide. Over the month of May, the Kazam platform powered 25 million electric kilometers across 80 cities and ten countries. Founded in 2020, Kazam provides device-agnostic solutions for charging and battery swapping operators, OEMs, and fleet operators. Its software and hardware offerings enable seamless EV charging, making electric transportation more accessible across India. Kazam is also a founding alliance member of the Unified Energy Interface (UEI), an open protocol akin to UPI for energy. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Kazam raises $6.2 million to expand EV infrastructure
Kazam raises $6.2 million to expand EV infrastructure

Time of India

time22-06-2025

  • Automotive
  • Time of India

Kazam raises $6.2 million to expand EV infrastructure

Bengaluru: Bengaluru-based electric mobility technology company Kazam has raised $6.2 million led by the International Finance Corporation (IFC), with participation from existing investors Vertex Ventures and Avaana Capital. The fresh capital will help Kazam expand its digital EV infrastructure offerings across markets and support the global shift towards sustainable transportation, founder and CEO Akshay Shekhar told TOI. The latest round brings Kazam's total funding to $19.2 million, including $13 million in equity financing from earlier rounds led by Avaana Capital, Vertex Ventures, and Chakra Ventures. "Kazam is building the digital infrastructure for EVs at scale, a critical piece in the global shift to clean mobility," said Akshay Shekhar, CEO and Cofounder, Kazam. Kazam witnessed significant growth, achieving revenues of $6 million in FY25, four times its FY24 revenues, and is targeting $12 million this fiscal year. The company onboarded over 68,000 chargers, enabled more than 5 million charging sessions, and facilitated over 45 GWh of energy, avoiding an estimated 46,000 tons of carbon dioxide. Over May, the Kazam platform powered 25 million electric kilometres across 80 cities and ten countries. Founded in 2020, Kazam provides device-agnostic solutions for charging and battery swapping operators, OEMs, and fleet operators.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store