FION Energy Secures 1.4 Million Euro Funding
Deal Monitor highlights significant funding rounds: Amplifold obtains 5 million euros for signal amplification technology; FION Energy secures 1.4 million euros for intelligent battery platforms; Absora raises 1.2 million euros for acoustic absorption materials.
The December Deal Monitor reports multiple investment activities in the DACH startup ecosystem. Amplifold, a Munich-based biotech company, raised 5 million euros to develop signal amplification technology using DNA origami nanostructures, improving test sensitivity significantly.
FION Energy, based in Berlin, secured 1.4 million euros from High-Tech Gründerfonds and Norrsken Evolve to advance its intelligent battery systems for industrial applications. Absora, another Berlin startup, obtained 1.25 million euros to develop HSA3, a lightweight noise-absorbing material.
Additionally, Canadian company Senstar acquired Munich-based Blickfeld, a 3D-LiDAR technology firm, for 10.4 million euros. FoodLabs closed its third investment fund at 105 million euros, planning to invest in agriculture and food security startups.
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