Silicon Valley Journals 
Lilium, the German electric vertical takeoff and landing (eVTOL) startup, has laid off nearly all its employees as the company faces impending liquidation, according to German outlet Gründerszene. Co-founder Patrick Nathen confirmed the closure in a social media post, marking the end of nearly 11 years of operations for the ambitious air taxi company. Unresolved … Read more
West Monroe, a global consulting firm specializing in business and technology, has acquired Inspired Health, a Boston-based consultancy providing market insights and commercial strategies for life sciences clients. This acquisition enhances West Monroe’s life sciences capabilities, increases its workforce, and establishes a formal office in Boston, bringing the firm’s total number of locations to 11. … Read more
SuperTruth, a first-party data company specializing in AI-powered data orchestration, has announced its acquisition of imaware, a leader in at-home health testing and diagnostic data infrastructure. The partnership aims to reshape healthcare data management and improve patient outcomes by combining advanced AI systems with precise diagnostic insights. Centralizing Health Data for Better Insights SuperTruth’s platform … Read more
A groundbreaking prosthetic limb capable of providing a “natural-feeling sense of touch” is one of 100 innovative projects to receive funding through an £80M government-backed scheme aimed at advancing cutting-edge technologies. The funding, announced by UK Research and Innovation (UKRI) through its Engineering and Physical Sciences Research Council (EPSRC), supports research spanning health tech, quantum … Read more
Google Ventures (GV) has doubled down on its support for Lawhive, a London-based AI-powered legal startup, by leading a $40M Series A funding round. This follows its participation in Lawhive’s £9.5M seed round earlier this year. The latest funding will enable Lawhive to expand its operations into the US legal market, the largest globally, where … Read more
The UK tech scene saw a surge in funding this week, with a total of £147.7M raised between December 2nd and December 6th across five notable rounds. This marks a quadrupling of funds raised compared to the previous week. Here’s a closer look at the deals making headlines: Zopa – £68M Lawhive – Amount Undisclosed … Read more
Berlin-based investment API provider Upvest has announced plans to accelerate its UK expansion following a successful €100M (£83M) Series C funding round led by Hedosophia, with participation from Sapphire Ventures, BlackRock, Notion Capital, and others. Hiring Push in London To bolster its presence in the UK, Upvest aims to hire up to 50 additional staff … Read more
HERVolution Therapeutics ApS, a pioneering biotech company focused on dark genome research, announced today the successful closure of a $11.7 million Series A financing round. The funding was led by the Serum Institute of India (SII), with participation from the European Innovation Council (EIC) Fund and other strategic investors. Proceeds will accelerate the development of … Read more
CloneOps.ai, an emerging leader in AI-powered phone operation systems, has closed its seed funding round, supported by a strategic group of industry veterans and executives. This milestone coincides with the beta testing phase involving ten initial customers, who are set to go live in early 2025. Transforming Logistics Communication Under the leadership of CEO David … Read more
Stellus Capital Management, LLC (“Stellus”) has announced its role in providing senior debt financing and an equity co-investment to support Clarion Capital Partners’ acquisition of Arthur Murray International, Inc. (“Arthur Murray”), a global leader in dance education and franchise operations. Continuing a Legacy of Excellence Founded in 1912, Arthur Murray operates over 300 dance studios … Read more