SAN FRANCISCO, Sept. 21, 2025 — AusperBio Therapeutics, Inc. and Ausper Biopharma Co., Ltd. (collectively AusperBio), a privately held clinical-stage biotechnology company dedicated to advancing targeted oligonucleotide therapies to achieve a functional cure for chronic hepatitis B (CHB), today announced the closing of its $63 million Series B2 financing.

The financing was strongly supported by the company’s existing syndicate of investors, underscoring confidence in AusperBio’s breakthrough approach to achieving a functional cure for CHB. The round was co-led by Qiming Venture Partners and a globally renowned strategic investor, with continued participation from HanKang Capital, CDH Investments, YuanBio Venture Capital, Sherpa Capital, and Genesis Capital.

Proceeds from the financing will be used to advance the clinical development of AHB-137, AusperBio’s lead product candidate, including the ongoing pivotal trial, multiple Phase II combination studies, and expansion into global Phase II development. The funds will also support further advancement of the company’s proprietary Med-Oligo™ ASO platform, progression of its preclinical pipeline, scaling-up of commercial manufacturing partnerships, and long-term pipeline growth.

Dr. Guofeng Cheng, co-founder and CEO of AusperBio, commented, “We are grateful for the continued support of our investors, whose confidence reflects both the progress of our clinical programs and the promise of our Med-Oligo™ platform. This financing positions us to accelerate the pivotal development of AHB-137, expand our global clinical footprint, strengthen our platform and pipeline, and advance our long-term vision of delivering a functional cure for people living with chronic hepatitis B and beyond.“

Dr. Chris Yang, co-founder and CSO of AusperBio, added, “AHB-137 is the first candidate from our Med-Oligo™ platform to reach pivotal development, and the data reinforce its potential as a backbone therapy for CHB. This financing will accelerate the development of our next generation combination therapy for CHB and support continued advancement of a pipeline of innovative targeted oligonucleotide therapeutics addressing a broad range of diseases with serious unmet medical need.“

“AusperBio is pioneering a differentiated approach to curing chronic hepatitis B. With the advancement of AHB-137 into the pivotal trial, the company is well positioned to address one of the most serious unmet needs in global health,” said William Hu, Managing Partner of Qiming Venture Partners. “We have great confidence in the AusperBio team and are proud to support them as they work to bring transformative therapies to patients worldwide.“

About AHB-137

AHB-137, a novel unconjugated antisense oligonucleotide (ASO) designed using AusperBio’s proprietary Med-Oligo™ ASO technology platform and an investigational medicine, is being developed to achieve a functional cure for chronic hepatitis B. Its clinical development has generated promising data, with key preclinical and clinical results presented at global leading conferences including EASL (2023, 2024, 2025), AASLD (2024), and APASL (2025). This novel dual-mechanism ASO has completed its global Phase I trial and is currently advancing through multiple Phase II trials and a phase III trial in China. Supported by a clear global development strategy, AHB-137 is progressing rapidly toward delivering a potential cure for HBV.

About AusperBio.

AusperBio is a clinical-stage biopharmaceutical company with operations in the USA and China, dedicated to advancing oligonucleotide and targeted delivery technologies for transformative therapies, with an initial focus on achieving functional cure for chronic hepatitis B infection. The company has developed a proprietary Med-Oligo^TM ASO platform which has been shown to substantially enhance the current ASO therapeutics, through novel insights into ASO design. Combining efficient targeted delivery conjugation technologies, the modular Med-Oligo^TM Platform empowers ASO therapeutics to treat a broad range of diseases, including viral infections, metabolic conditions, genetic disorders, and immune diseases.

For further information, please contact:

Media Contact
Email: [email protected]

Investor Relations Contact:
Tel: 650-888-1756 (US)
Email: [email protected]

SOURCE AusperBio Therapeutics Inc.

Die Finanzierungsrunde der Serie C beschleunigt die Einführung der grundlegenden KI-Plattform von PassiveLogic, die in der Praxis eine autonome Steuerung von Gebäuden und Infrastruktur ermöglicht.

SALT LAKE CITY, 19. September 2025 — PassiveLogic, der kategoriedefinierende Pionier im Bereich der generativen Autonomie, gibt heute bekannt, 74 Millionen US-Dollar in einer Serie-C-Finanzierung aufgebracht zu haben, um die Vision des Unternehmens zu skalieren sowie die globale Nachfrage nach physischer KI in unserer alltäglichen Infrastruktur zu decken. noa, Europas größte VC-Gesellschaft für die Gebäudewelt, führte die Runde an, gemeinsam mit neuen Investoren, Prologis Ventures, Johnson Controls und PSP Growth. Sie gesellen sich zu den bestehenden Geldgebern Addition, NVentures (NVIDIAs Risikokapitalsparte), Keyframe und Brookfield, wodurch sich die Gesamtfinanzierung auf über 125 Millionen US-Dollar erhöht.

PassiveLogic verändert die Art und Weise, wie Gebäude und physische Infrastrukturen entworfen, betrieben sowie optimiert werden, durch eine neuartige autonome Steuerungsplattform.

In der Zeit, in der physische KI, Industrierobotik und Humanoide erwachsen werden, liefert PassiveLogic die weltweit erste „Roboter-der-Roboter”-Plattform, die ganze Umgebungen zusammenfasst: Sensoren, IoT, Systeme, Energie, Infrastruktur und andere Automatisierungen. Durch die Ausweitung der generativen KI über die Nische der LLMs hinaus auf die weite Welt der physikalischen Systeme ermöglicht die Plattform jedem, seine eigenen maßgeschneiderten autonomen Systeme und KI-Agenten für die Gebäudewelt zu entwerfen.

Die Plattform verwaltet die gesamte Komplexität von Gebäudeumgebungen – von Rechenzentren und Krankenhäusern bis hin zu Bürotürmen sowie Industriegeländen. Über die vollständig autonome, systemübergreifende Wegfindung hinaus bietet sie Funktionen der nächsten Generation wie Anlagenverfolgung, dynamisches Energiemanagement, digitale Zwillinge der Umwelt, präventive Fehlererkennung, vorausschauende Wartung, physikalisch basierte Analyse sowie adaptive Umweltkontrolle – und damit ganzheitliche Intelligenz auf Systemebene in einem Bereich, der lange Zeit durch statische, regelbasierte Logik begrenzt war.

Die Hive-Echtzeit-Entscheidungsmaschine, die von einem GPU-Cluster vor Ort angetrieben wird, verleiht jeder Gebäudefunktion, von HLK und Energie bis zur Logistik, ein einheitliches intelligentes Gehirn. Durch die Anwendung autonomer Robotertechnologien auf die Infrastruktur erweitert PassiveLogic den bestehenden Markt für Gebäudeautomatisierung (191 Milliarden $ bis 2030) und prognostiziert einen weltweiten Markt für autonome Gebäude von 1,3 Billionen $.

„Als früher Investor haben wir das Potenzial von PassiveLogic erkannt, die Automatisierung für die physische Welt neu zu definieren”, sagt Gregory Dewerpe, Gründer und Managing Partner von noa. „Bei ihrer Plattform geht es nicht nur darum, Energie zu sparen, sondern auch darum, Gebäuden die Fähigkeit zu verleihen, sich selbst zu verstehen, anzupassen und autonom zu handeln. Dies ist die Art von grundlegender Technologie, die der Gebäudewelt gefehlt hat.”

„PassiveLogic liefert die Art von Innovation, die wir suchen – nicht nur als Investoren, sondern auch als Betreiber. Ihre Plattform bringt echte Autonomie in die Gebäudesysteme und ermöglicht eine intelligentere, effizientere Steuerung in Echtzeit für die gesamte Umgebung”, so William O’Donnell, globaler Leiter für Unternehmensentwicklung und Wachstum bei Prologis. „Wir freuen uns, das Team zu unterstützen und diese Technologie in unser Portfolio aufzunehmen, damit wir im großen Maßstab noch intelligenter arbeiten können.”

„Gebäude sind für fast 40 Prozent der weltweiten Kohlendioxidemissionen verantwortlich, doch die meisten werden immer noch von veralteten Systemen gesteuert, die in den 1990er Jahren entwickelt wurden”, sagte Troy Harvey, Mitbegründer und Geschäftsführer von PassiveLogic. „Mit dieser Finanzierung beschleunigen wir die Einführung echter Autonomie für die Gebäudewelt und ermöglichen Systeme, die nicht nur energieeffizienter, sondern auch grundsätzlich intelligenter, sicherer sowie reaktionsschneller in allen Aspekten des Betriebs sind.”

Das Ökosystem von PassiveLogic umfasst das Vorzeigeprodukt Hive, welches physikalisch basierte digitale Zwillinge sowie KI-Modelle in Echtzeit nutzt, um unabhängige Entscheidungen im Millisekundenbereich zu treffen: Sense Nano, einen drahtlosen Sensor zur Erfassung von Belegungs- und Umgebungsdaten in Echtzeit, sowie Quantum Lens, eine mobile App, mit der Nutzer einen vollständig definierten digitalen Zwilling eines beliebigen Gebäudes lediglich mit einem Smartphone erstellen können. Zusammen unterstützen diese Tools eine skalierbare Architektur, die sich nahtlos an Neubauten und Nachrüstungen in einer Vielzahl von Einrichtungen anpassen lässt.

Informationen zu PassiveLogic

PassiveLogic stellt generative KI-Software für die Gebäudeumwelt her, die generative Autonomie für Dinge und universelle Echtzeit-Zusammenarbeit zwischen Teams ermöglicht, indem sie die Art und Weise, wie wir Gebäude und industrielle Systeme entwerfen, bauen, betreiben, warten sowie verwalten, als infrastrukturelle Roboter neu definiert. PassiveLogic nutzt physikalisch informierte KI sowie digitale Quantenzwillinge und wird durch den weltweit schnellsten KI-Compiler angetrieben, um Kontrollsysteme der nächsten Generation zu entwickeln. Nutzer können in wenigen Minuten eine generative autonome Infrastruktur aufbauen sowie mithilfe einer intuitiven Reihe Tools, mit denen sie ihr eigenes Abenteuer wählen können, problemlos mit KI-Agenten zusammenarbeiten.

Das Unternehmen ergreift die Chance einer neuen Generation, die Gebäudeautomation neu zu erfinden. Es ersetzt veraltete Steuerungssysteme durch die erste moderne Plattform der Branche, die von autonomen, physischen KI-Agenten im Gebäude angetrieben wird – und geht gleichzeitig das Klimaproblem frontal an.

Weitere Informationen finden Sie auf www.passivelogic.com

Informationen zu noa

noa ist Europas größte Risikokapitalgesellschaft für die Gebäudewelt und unterstützt Technologien, welche die Dekarbonisierung der Gebäudewelt beschleunigen. noa wurde 2019 als A/O gegründet und arbeitet mit visionären Gründern zusammen, um das gesamte Spektrum der Gebäudewelt zu verändern, von Strukturen und Materialien bis hin zu Energie und Umwelt. noa wird von einigen der größten sowie zukunftsorientiertesten Immobilieneigentümern, -betreibern und Family Offices in Europa unterstützt, welche die Entschlossenheit von noa teilen, die größte sowie umweltschädlichste Anlageklasse der Welt zu dekarbonisieren und ihren Einsatz für ein nachhaltiges Leben zu beschleunigen.

Weitere Informationen finden Sie auf www.noavc.com

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A roundup of the most newsworthy financial press releases from PR Newswire this week, including payments updates from PayPal and MoneyGram, and new data that shows how children interact with money.

NEW YORK, Sept. 19, 2025 — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

1. PayPal Ushers in a New Era of Peer-to-Peer Payments, Reimagining How Money Moves to Anyone, Anywhere
   PayPal introduced PayPal links, a new way to send and receive money through a personalized, one-time link that can be shared in any conversation. Crypto will also soon be directly integrated into PayPal’s new P2P payment flow in the app, making it more convenient for PayPal users in the U.S. to send Bitcoin, Ethereum, PYUSD, and more.
2. Xplor Technologies and Clubessential Holdings to Merge, Creating a Scaled Global Platform for Software and Payments
   The merger forms a global provider of software and payment solutions for Fitness & Wellness, Golf & Club, Parks & Recreation, and Home Services. The combined organization will serve more than 130,000 customers worldwide, process $47 billion in annual payments volume, employ approximately 2,500 people, and generate nearly $900 million in annual revenue.
3. Strive Announces Board of Directors and Initial Bitcoin Strategy
   “We intentionally put together this team to enable Strive to lead with an unwavering focus on Bitcoin accumulation, strategic decision making, and fiduciary duty in service of our mission to increase Bitcoin per share and outperform Bitcoin over the long run,” said Matt Cole, Chairman & CEO of Strive. 
4. From digital dollars to real-world debt: 31% of parents catch their kids on unapproved online shopping sprees
   The new survey by Achieve finds children overspend their allowances, sneak digital purchases and struggle to grasp the value of money in a cashless world.
5. MoneyGram Reinvents Cross-Border Finance with Next-Generation App
   Launching first in Colombia, the app will leverage USD-pegged stablecoins to provide access to a fast and modern way to move and hold money across borders.
6. T. Rowe Price Launches Blue Bond Emerging Markets Strategy to Help Catalyze Finance for a Sustainable Blue Economy
   “By aligning the strategy’s investment objectives with specific water-related United Nations Sustainable Development Goals, we are not only mobilizing essential capital to protect and sustain our world’s precious water resources, but we are also demonstrating our commitment to managing innovative and impactful investment strategies,” said Eric Veiel Head of Global Investments and CIO, T. Rowe Price.
7. Blue Owl Capital Launches Debut Interval Fund, Focused on Alternative Credit
   Sean Connor, President & CEO of Global Private Wealth at Blue Owl said, “With this launch, we’re opening the door for individual investors to access a market traditionally dominated by institutions—one that offers strong income potential backed by diversified pools of asset collateral.”
8. J.P. Morgan Private Bank launches new Lifestyle Services Offering
   These services aim to enhance the client experience and provide comprehensive support to ultra-high-net-worth families, ensuring access to the highest quality resources across various domains. U.S.-based J.P. Morgan clients benefit from access to exclusive offers, including complimentary consultations, discounted rates, and waived fees across various services.
9. One in Four Small Business Owners Are in Survival Mode but Adapting, Reveals KeyBank Survey
   Even with an extra cushion of expenses saved, half (50%) of small business owners say their top concern is inflation and rising costs–far outpacing factors like competition (33%), cash flow (25%) and labor shortages and hiring challenges (22%). 
10. BofA Increases Military Hiring by 10,000, Expands Community College Hiring, Adds Jobs in New Financial Centers
    This is the company’s latest step – following its minimum wage announcement earlier this week – to expand economic opportunity nationwide. The company’s focus on workforce development is reflected in its broad-based hiring practices, which includes hiring those who do not have four-year college degrees, military veterans, and individuals from community colleges.
11. Polymarket Partners with Chainlink to Enhance Accuracy of Prediction Market Resolutions
    The partnership will initially focus on enhancing the accuracy and speed of asset pricing resolutions, with plans to expand into additional markets. Polymarket’s integration of Chainlink is now live on Polygon mainnet, enabling the creation of secure, real-time prediction markets around asset pricing, including hundreds of live crypto trading pairs.
12. Pennybacker Raises Over $700 Million for Inaugural Infrastructure Platform
    The company’s first infrastructure fund, Pennybacker Critical Infrastructure Partners I, LP, is a lower-to-middle market, value-add equity strategy focused on investing in infrastructure businesses across the critical infrastructure landscape that have hard assets and contracted cash flows.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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SOURCE PR Newswire

DUISBURG, Deutschland, 19. September 2025 — Factor2 Energy, ein deutsches Unternehmen (Duisburg) mit einem neuartigen Ansatz für geothermische Energie, gab heute den erfolgreichen Abschluss seiner Seed-Finanzierungsrunde bekannt, bei der 9,1 Millionen US-Dollar an Risikokapital aufgebracht wurden.

Die Runde wurde von At One Ventures angeführt, weitere Investitionen kamen vom High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, Verve Ventures und Siemens Energy Ventures.

Factor2 Energy wird die Startfinanzierung nutzen, um die technologische Entwicklung seines CO₂-basierten geothermischen Stromerzeugungssystems voranzutreiben und ein Pilotkraftwerk zu entwickeln, um die Skalierbarkeit zu demonstrieren.

Factor2 Energy wird von Michael Wechsung, Joerg Strohschein und Felix Boehmer geleitet, die alle gemeinsam bei Siemens Energy gearbeitet haben. Dort erfanden sie eine neue, wirtschaftlich überlegene Methode zur Nutzung geothermischer Energie, indem sie CO₂ als primäre Arbeitsflüssigkeit im geothermischen Kreislauf einsetzten und damit Wasser oder Sole ersetzten.

Kendra Rauschenberger, General Partner bei Siemens Energy Ventures, sagte: „Ich freue mich, dass diese Technologie nach ihrer Entwicklung im Rahmen von Siemens Energy Ventures nun auf dem Weg zur Kommerzialisierung ist. Geothermische Energie ist eine zuverlässige und erneuerbare Energiequelle, und wir werden mit Factor2 Energy zusammenarbeiten, um unsere Turbinen auf die spezifischen Bedürfnisse dieses aufstrebenden Marktes zuzuschneiden.”

Wie es funktioniert: Saubere Energie aus gespeichertem CO₂ – sicher, skalierbar und nachhaltig

Die Technologie kann entweder in natürlichen CO2-Reservoirs oder in Reservoirs, die für die Abscheidung und Speicherung von Kohlenstoff vorgesehen sind, eingesetzt werden. Das (natürlich vorkommende oder abgeschiedene) CO₂ wird in tiefe, poröse geologische Formationen verpresst und dort sicher gespeichert. Durch die Aufnahme von Erdwärme aus dem umgebenden Gestein nimmt seine Dichte ab, wodurch eine auftriebsbedingte Zirkulation in Gang gesetzt wird, die als Thermosiphoneffekt bekannt ist. Infolgedessen steigt das CO₂ auf natürliche Weise über Förderbrunnen an die Oberfläche, so dass keine unterirdischen Pumpen erforderlich sind und der parasitäre Energieverbrauch und die mechanische Komplexität erheblich reduziert werden.

An der Oberfläche wird die Wärme mit einem direkt angetriebenen CO₂-Turbinensystem in Strom umgewandelt. Nach der Expansion wird das CO₂ abgekühlt und wieder in das Reservoir eingespeist, wodurch ein geschlossener Kreislauf entsteht, der eine kontinuierliche Stromerzeugung bei gleichzeitiger langfristiger CO₂-Speicherung ermöglicht.

Im Vergleich zu herkömmlichen wasserbasierten geothermischen Systemen kann mit diesem Ansatz unter ähnlichen geologischen Bedingungen eine bis zu doppelt so hohe Leistung erzielt werden, während gleichzeitig geringere Investitionskosten (CAPEX) erforderlich sind.

„Unser Ansatz ermöglicht eine emissionsfreie, effiziente und grundlastfähige Stromerzeugung, was ideal für traditionelle Öl- und Gasunternehmen ist, die ihre Betriebsmittel diversifizieren wollen”, so CEO und Mitbegründer Felix Boehmer. „Und tatsächlich nutzt das gesamte System bewährte Technologien aus dem Öl- und Gassektor mit seiner langen Geschichte von Bohr- und geologischem Fachwissen.”

Vereinfachung der Standortwahl: Mehr Standortoptionen und einfachere Abläufe

Die Nutzung von CO₂ ermöglicht nicht nur die Bereitstellung von zuverlässigem Ökostrom rund um die Uhr, sondern auch den Zugang zu einem breiteren Spektrum an geologischen Standorten, die für herkömmliche geothermische Systeme ungeeignet sind, und damit die Erschließung von Wärme.

Durch die Verwendung von CO₂ kann Factor2 Energy flachere und kühlere geothermische Standorte erschließen, was die Bohrkosten senkt und die Palette der in Frage kommenden Kraftwerksstandorte erweitert. Das System arbeitet dort effizient, wo konventionelle Geothermie versagt, und bietet wettbewerbsfähige Stromgestehungskosten (Levelized Cost of Electricity). Außerdem werden keine Sekundärflüssigkeiten oder komplexen binären Systeme benötigt, was den Betrieb vereinfacht. Durch die Nutzung von geologischen Formationen, die für die CO₂-Speicherung (CCS) vorgesehen sind, und natürlichen CO₂-Reservoirs kann Factor2 Energy diese in aktive Energieanlagen umwandeln.

Helen Lin, Partnerin bei At One Ventures, kommentiert: „Als Eckpfeiler für eine breitere Elektrifizierung war der Bedarf an kostengünstiger Grundlaststromversorgung noch nie so dringend wie heute. Die Fluidphysik von CO₂ als geothermisches Arbeitsmedium ermöglicht eine zweifache Steigerung der Energieleistung bei gleichen Tiefen/Temperaturen wie bei der konventionellen Geothermie, was zu Effizienzsteigerungen sowohl bei den Investitions- als auch bei den Betriebskosten führt. Diese technisch-ökonomischen Aspekte führen zu günstigen Stromgestehungskosten an Standorten, die zuvor unrentabel waren. Wir freuen uns, Factor2 dabei zu unterstützen, diese wichtige Technologie auf den Markt zu bringen, um das Potenzial der Geothermie als verbreitete Quelle grüner Grundlast zu erschließen.”

Timo Bertsch, Investment Manager beim HTGF, kommentiert: „Wir haben in Factor2 Energy investiert, weil ihre innovative Technologie das weltweite geothermische Potenzial drastisch erweitert und auf einzigartige Weise die Umwandlung von CCS-Standorten in energieerzeugende Kraftwerke ermöglicht. Ihr erfolgreicher Konzeptnachweis in einer geologisch komplexen Umgebung zeigt die Robustheit und Skalierbarkeit ihres Ansatzes. Wir glauben, dass Factor2 Energy gut positioniert ist, um eine zentrale Rolle bei der globalen Energiewende zu spielen.”

Über Factor2 Energy

Factor2 Energy ist ein deutsches Klima-Tech-Unternehmen, das CO₂-basierte geothermische Energiesysteme entwickelt. Durch die Verwendung von Kohlendioxid als Arbeitsmedium erschließt die Technologie geothermische Ressourcen mit mittlerer Temperatur. Im Vergleich zu konventionellen Systemen kann die Technologie eine bis zu doppelt so hohe Leistung erbringen, und zwar ohne Fracking, ultratiefe Bohrungen oder wasserintensive Prozesse. Das Unternehmen wurde von einem ehemaligen Team von Siemens Energy nach einem erfolgreichen Proof of Concept gegründet und wird von führenden Klima-Investoren unterstützt, wobei die jüngste Finanzierungsrunde von At One Ventures geleitet wurde. Factor2 Energy hat es sich zur Aufgabe gemacht, skalierbare, saubere geothermische Grundlastkraft zu erschließen und gleichzeitig die dauerhafte Speicherung von Kohlenstoff zu unterstützen.

Logo: https://mma.prnewswire.com/media/2774324/Factor2_Energy_Logo.jpg

DUISBURG, Germany, Sept. 19, 2025 — Factor2 Energy, a German (Duisburg) company with a novel approach to geothermal energy, today announced the successful completion of its seed funding round, raising US$9.1 million in venture capital.

The round was led by At One Ventures, with additional investments from High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, Verve Ventures and Siemens Energy Ventures.

Factor2 Energy will use the seed funding to advance the technological development of its CO₂-based geothermal power generation system and to develop a pilot power plant to demonstrate scalability.

Factor2 Energy is led by Michael Wechsung, Joerg Strohschein and Felix Boehmer who all worked together at Siemens Energy. There they invented a new, economically superior method to harness geothermal energy by utilizing CO₂ as the primary working fluid in the geothermal cycle, replacing water or brine.

Kendra Rauschenberger, General Partner at Siemens Energy Ventures, stated, “I am pleased to see this technology progressing toward commercialization, following its development within Siemens Energy Ventures. Geothermal energy is a reliable and renewable power source, and we will work with Factor2 Energy to tailor our turbines to meet the specific needs of this emerging market.”

How it Works: Clean Energy from Stored CO₂ – Safe, Scalable, and Sustainable

The technology can be deployed at either natural CO2 Reservoirs or at reservoirs designated for Carbon Capture and Storage. The (naturally occurring or captured) CO₂ is injected into deep, porous geological formations, where it is securely stored. As it absorbs geothermal heat from the surrounding rock, its density decreases, initiating a buoyancy-driven circulation known as the thermosiphon effect. As a result, the CO₂ rises naturally to the surface via production wells, eliminating the need for subsurface pumps and significantly reducing parasitic energy consumption and mechanical complexity.

At the surface, the heat is converted into electricity using a direct driven CO₂ turbine system. After expansion, the CO₂ is cooled, reinjected into the reservoir, creating a closed cycle that enables continuous power generation while maintaining long-term CO₂ storage.

Compared to conventional water-based geothermal systems, this approach can achieve up to twice the power output under similar geological conditions, while requiring lower capital expenditures (CAPEX).

“Our approach enables emission-free, efficient, and baseload-capable electricity production, which is ideal for traditional oil and gas companies looking to diversify their operating assets,” said CEO and co-founder Felix Boehmer. “And in fact, the entire system leverages proven technologies from the oil and gas sector, with its long history of drilling and geologic expertise.”

Siting Simplicity: More Location Options and Operational Ease

Besides delivering reliable, 24/7 green power, the use of CO₂ enables access to a broader range of geological sites, unlocking heat from locations unsuitable for conventional geothermal systems.

Using CO₂ allows Factor2 Energy to tap into shallower and cooler geothermal sites, reducing drilling costs and expanding the range of viable power plant locations. The system operates efficiently where conventional geothermal fails, offering competitive Levelized Cost of Electricity. It also eliminates the need for secondary fluids or complex binary systems, simplifying operations. And, by leveraging both geological formations designated for CO₂ storage (CCS) and natural CO₂ reservoirs, Factor2 Energy can transform these into active energy assets.

Helen Lin, Partner at At One Ventures comments: “As a cornerstone for enabling broader electrification, the need for cost-effective baseload power has never been more urgent. The fluid physics of CO₂ as a geothermal working fluid enables a 2x increase in power output while operating at the same depths/temperatures as conventional geothermal, translating to efficiencies in both capex and opex. These technoeconomics combine to form a favorable LCOE at sites that would previously have been economically unviable. We are excited to support Factor2 to bring this crucial technology to market to unlock the potential of geothermal as a more prevalent source of green baseload”

Timo Bertsch, Investment Manager at HTGF comments: “We invested in Factor2 Energy because their innovative technology dramatically expands global geothermal potential and uniquely enables the transformation of CCS sites into energy-generating power plants. Their successful proof of concept in a geologically complex environment demonstrates the robustness and scalability of their approach. We believe Factor2 Energy is well positioned to play a pivotal role in the global energy transition.”

About Factor2 Energy

Factor2 Energy is a German climate-tech company developing CO₂-based geothermal power systems. By using carbon dioxide as the working fluid, the technology accesses moderate-temperature geothermal resources. Compared to conventional systems, the technology can deliver up to twice the power output, without fracking, ultra-deep drilling, or water-intensive processes. Founded by a former Siemens Energy team after a successful proof of concept, the company is backed by leading climate investors, with its latest round led by At One Ventures. Factor2 Energy’s mission is to unlock scalable, clean, baseload geothermal power while supporting permanent carbon storage.

Logo: https://mma.prnewswire.com/media/2774324/Factor2_Energy_Logo.jpg

SOURCE Factor2 Energy

-Factor2 Energy recauda 9,1 millones de dólares para liberar energía geotérmica escalable a partir de CO₂ almacenado geológicamente

DUISBURG, Alemania, 19 de septiembre de 2025 — Factor2 Energy, una empresa alemana (de Duisburg) con un enfoque novedoso en materia de energía geotérmica, anunció hoy la finalización exitosa de su ronda de financiación inicial, recaudando 9,1 millones de dólares en capital de riesgo.

La ronda fue liderada por At One Ventures, con inversiones adicionales de High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, Verve Ventures y Siemens Energy Ventures.

Factor2 Energy utilizará la financiación inicial para impulsar el desarrollo tecnológico de su sistema de generación de energía geotérmica basado en CO₂ y para desarrollar una planta piloto que demuestre su escalabilidad.

Factor2 Energy está liderada por Michael Wechsung, Joerg Strohschein y Felix Boehmer, quienes trabajaron juntos en Siemens Energy. Allí, inventaron un nuevo método, económicamente superior, para aprovechar la energía geotérmica utilizando CO₂ como fluido de trabajo principal en el ciclo geotérmico, en sustitución del agua o la salmuera.

Kendra Rauschenberger, socia general de Siemens Energy Ventures, declaró: “Me complace ver que esta tecnología avanza hacia su comercialización, tras su desarrollo dentro de Siemens Energy Ventures. La energía geotérmica es una fuente de energía fiable y renovable, y trabajaremos con Factor2 Energy para adaptar nuestras turbinas a las necesidades específicas de este mercado emergente”.

Cómo funciona: Energía limpia a partir de CO₂ almacenado: segura, escalable y sostenible

La tecnología puede implementarse tanto en depósitos naturales de CO₂ como en depósitos designados para la captura y almacenamiento de carbono. El CO₂ (natural o capturado) se inyecta en formaciones geológicas profundas y porosas, donde se almacena de forma segura. A medida que absorbe el calor geotérmico de la roca circundante, su densidad disminuye, iniciando una circulación impulsada por la flotabilidad conocida como efecto termosifón. Como resultado, el CO₂ asciende naturalmente a la superficie a través de pozos de producción, eliminando la necesidad de bombas subterráneas y reduciendo significativamente el consumo de energía parásita y la complejidad mecánica.

En la superficie, el calor se convierte en electricidad mediante un sistema de turbina de CO₂ de accionamiento directo. Tras la expansión, el CO₂ se enfría y se reinyecta en el yacimiento, creando un ciclo cerrado que permite la generación continua de energía, manteniendo al mismo tiempo el almacenamiento de CO₂ a largo plazo.

En comparación con los sistemas geotérmicos convencionales basados en agua, este enfoque puede alcanzar hasta el doble de potencia en condiciones geológicas similares, a la vez que requiere menores inversiones de capital (CAPEX).

“Nuestro enfoque permite una producción de electricidad sin emisiones, eficiente y con capacidad de carga base, ideal para las compañías tradicionales de petróleo y gas que buscan diversificar sus activos operativos”, afirmó el consejero delegado y cofundador, Felix Boehmer. “De hecho, todo el sistema aprovecha tecnologías probadas del sector del petróleo y el gas, con su larga trayectoria de perforación y experiencia geológica”.

Simplicidad de ubicación: más opciones de ubicación y facilidad operativa

Además de proporcionar energía verde confiable 24/7, el uso de CO₂ permite el acceso a una gama más amplia de sitios geológicos, liberando calor de lugares no aptos para sistemas geotérmicos convencionales.

El uso de CO₂ permite a Factor2 Energy acceder a sitios geotérmicos más superficiales y fríos, reduciendo los costes de perforación y ampliando la gama de ubicaciones viables para centrales eléctricas. El sistema opera eficientemente donde la geotermia convencional falla, ofreciendo un Coste Nivelado de la Electricidad competitivo. También elimina la necesidad de fluidos secundarios o sistemas binarios complejos, simplificando las operaciones. Y, al aprovechar tanto las formaciones geológicas designadas para el almacenamiento de CO₂ (CCS) como los yacimientos naturales de CO₂, Factor2 Energy puede transformarlos en activos energéticos activos.

Helen Lin, socia de At One Ventures comentó: “Como piedra angular para una electrificación más amplia, la necesidad de energía de carga base rentable nunca ha sido tan urgente. La física de fluidos del CO₂ como fluido de trabajo geotérmico permite duplicar la producción de energía operando a las mismas profundidades y temperaturas que la geotermia convencional, lo que se traduce en eficiencias tanto en gastos de capital como de operación. Estos factores tecnoeconómicos se combinan para generar un LCOE favorable en emplazamientos que antes habrían sido económicamente inviables. Nos entusiasma apoyar a Factor2 para llevar esta tecnología crucial al mercado y liberar el potencial de la geotermia como una fuente predominante de energía de carga base verde.”

Timo Bertsch, gestor de inversiones de HTGF, comentó: “Invertimos en Factor2 Energy porque su tecnología innovadora amplía drásticamente el potencial geotérmico global y permite, de forma única, la transformación de emplazamientos de CCS en centrales eléctricas. Su exitosa prueba de concepto en un entorno geológicamente complejo demuestra la solidez y escalabilidad de su enfoque. Creemos que Factor2 Energy está bien posicionada para desempeñar un papel fundamental en la transición energética global”.

Acerca de Factor2 Energy 

Factor2 Energy es una empresa alemana de tecnología climática que desarrolla sistemas de energía geotérmica basados en CO₂. Al utilizar dióxido de carbono como fluido de trabajo, esta tecnología accede a recursos geotérmicos de temperatura moderada. En comparación con los sistemas convencionales, esta tecnología puede generar hasta el doble de energía, sin necesidad de fracturación hidráulica, perforaciones ultraprofundas ni procesos que consumen mucha agua. Fundada por un antiguo equipo de Siemens Energy tras una exitosa prueba de concepto, la empresa cuenta con el respaldo de importantes inversores climáticos, y su última ronda de financiación fue liderada por At One Ventures. La misión de Factor2 Energy es impulsar la generación de energía geotérmica escalable, limpia y de carga base, a la vez que facilita el almacenamiento permanente de carbono.

Logo: https://mma.prnewswire.com/media/2774324/Factor2_Energy_Logo.jpg

SINGAPORE, Sept. 19, 2025 — Kilde, a licensed private credit investment platform, has closed a USD 1.5 million Pre-Series A financing round led by Purple Ventures with participation from existing investors. The raise underscores strong confidence in Kilde’s growth trajectory and differentiated value proposition.

Kilde’s Assets Under Management (AUM) have surpassed USD 127 million, placing it among Singapore’s leading digital-first private credit platforms. The fresh capital will strengthen the team, expand capital markets capabilities, enhance technology infrastructure, and lay the foundation for rapid scaling.

“We’ve officially crossed USD 127 million in AUM on our platform. That means investors choose simplicity, safety, and stable returns. They chose Kilde,” said Radek Jezbera, CEO and Co-founder of Kilde. “We are one of the fastest-growing wealth platforms in Singapore. USD 1 billion AUM is no longer a dream but a plan with budgets and milestones.”

Operating with a lean team, a standardised deal structure, and proprietary technology, Kilde enables investors to capture above-market returns of 10.5%—13.5% yearly. Scaling to its current size, Kilde can access higher-quality borrowers and larger deals, delivering stronger benefits and stability for investors.

The private credit market is set for sustained growth. BlackRock projects private credit AUM could reach USD 4.5 trillion by 2030, highlighting its position as one of the fastest-growing asset classes globally.

“We are delighted to be a part of Kilde as early equity investors starting in 2020. As we saw the platform’s exponential growth over the past two years, we gained full confidence in Kilde’s team and business model. Thus, we decided to lead a new investment round and provide growth capital with our second fund,” said Jan Stanek, Managing Director at Purple Ventures.

“With Purple Ventures’ support and the continued backing of our existing investors, we are building a scalable, institutional-grade platform in a market where demand is only increasing,” Jezbera added.

About Kilde

Kilde is a Singapore-headquartered asset manager and licensed platform connecting family offices, funds, and accredited investors to private credit opportunities across Europe and Asia. Kilde specialises in senior-secured lending to consumer and SME lending platforms and offers investors double-digit returns. Since its founding in 2019, Kilde has maintained a 0.0% default rate. Kilde holds a Capital Markets Services (CMS) license (CMS101016) issued by the Monetary Authority of Singapore.

SOURCE Kilde

PANAMA CITY, Sept. 18, 2025 — Grvt, the preeminent DEX (decentralized exchange) for onchain financial privacy that is powered by zero-knowledge (“ZK”) technology, today announced the close of a $19 million Series A funding round. This investment strengthens Grvt’s pioneering position as the global blueprint for the future of finance, accelerating its mission to disrupt the fragmented onchain finance ecosystem by addressing longstanding industry challenges, including privacy vulnerabilities, security, scalability and accessibility.

As Wall Street embraces blockchain technology, the next chapter of global finance is being written, and it’s happening onchain. In August, Ethereum‘s onchain volume reached over $320 billion, its highest level since mid-2021. Research also projects the DeFi sector to surge from $32.36 billion in 2025 to over $1.5 trillion by 2034.

However, this potential remains untapped due to critical concerns raised by a surge of issues on decentralized platforms. These issues include “whale hunting”, where large trades are front-run or exploited by sophisticated actors scanning the mempool. Such tactics lead to billions in annual losses from maximum extractable value (MEV) attacks and other manipulative tactics. Further challenges include smart contract exploits, compliance hurdles on public chains, a siloed onchain ecosystem, and a lack of ease of use for everyday people.

Grvt is the only player in the field with a solid head start and tech infrastructure to change that. The Series A round was co-led by Grvt’s foundational technology partner ZKsync; Further Ventures, a leading capital markets infrastructure investment firm based in Abu Dhabi, which also led the strategic investment round into Grvt (deal closed last December); EigenCloud (fka EigenLayer), a verifiable cloud platform that lets developers build any application; and 500 Global (formerly 500 Startups), a venture capital firm with $2.3B in AUM investing in founders with a global outlook building fast-growing startups.

Majority of the funds raised will accelerate Grvt’s multi-pronged product strategy, designed to serve both active traders and passive investors. This unique approach is absent from the current exchange scene, solidifying Grvt’s unrivaled position to dominate and unify the fragmented onchain financial landscape and bring it to mainstream. Key pipelines include:

• Fixed Yield Generation Flywheel: An industry-first yield vehicle that lets users effortlessly move funds between their funding, trading, and vault accounts, and maximize returns.
• Infrastructure: Keep strengthening Grvt’s privacy-by-default infrastructure which is lacking in the industry.
• Stablecoin-Enabled System: A robust stablecoin business foundation, including cross-exchange vaults and real-world asset (RWA) integrations.

The remaining funds will fuel community initiatives and talent acquisition to drive global expansion.

Hong Yea, co-founder and CEO at Grvt, commented: “Onchain finance has been held back by privacy gaps that expose users to exploitation. By building a privacy-driven, scalable, and trustless DEX that offers a wide array of structured products, Grvt exemplifies how ZK-powered solutions will become the new normal for everyone, realizing the vision of an open and secure onchain finance world.”

Alex Gluchoski, co-founder and CEO at Matter Labs, commented: “We believe ZK is the ‘HTTPS moment’ for crypto. Just as HTTPS took the internet mainstream by adding a layer of trust and privacy, ZK will do the same for Web3. Grvt is uniquely positioned to be the most liquid and impactful application layer to help realize this vision, their dedication and progress excellently demonstrates how ZK can bring onchain finance to mainstream.”

Faisal Al Hammadi, Managing Partner, Further Ventures, “Further Ventures is committed to backing the next generation of financial infrastructure from Abu Dhabi to the world. Grvt’s application of zero-knowledge proofs demonstrates how cutting-edge cryptography can underpin markets at institutional scale, and we are proud to support their vision for a truly borderless financial system.”

Sreeram Kannan, Founder and CEO at Eigen Labs, “Verifiable data powers verifiable compute, and with EigenDA now at 100 MB/s, the bottleneck has shifted from data to compute. Grvt is tackling that frontier head-on. Their ambitious vision is matched by the caliber of their team, and we’re thrilled to back them alongside ZKSync in bringing onchain finance to cloud scale with the security and privacy it requires.”

Min Kim, General Partner at 500 Global, commented: “We believe the next frontier of finance will be built onchain, and privacy is a foundational element to unlock its full potential. Grvt’s vision of combining ZK technology with institutional-grade infrastructure aligns strongly with our thesis of backing global founders who are re-architecting core financial systems. We’re excited to partner with Grvt as they set a new standard for secure, private, and accessible onchain markets.”

A Collective Charge to Lead and Consolidate Onchain Finance

By implementing zero-knowledge (“ZK”) technology and integrating with the ZKsync technology which has been explored in proofs-of-concept by leading institutions like Deutsche Bank, UBS and more, Grvt is uniquely positioned as a blockchain-native global blueprint for what ZK is able to achieve for finance, making everyday trading and investing secure, fast, private, and accessible. This is how the ZKsync Stack helps solve key bottlenecks when bringing finance onchain:

• Privacy: Grvt runs a ZKsync Validium L2 blockchain that validates L2 state without publishing it, thereby ensuring privacy, an issue that has long plagued most DeFi protocols.
• Ethereum-level Security: With ZK proofs, L2 transactions inherit Ethereum-level security. Every batch of transactions is verified directly on Ethereum, this means that even though transactions are processed off-chain for speed and low cost, their validity is mathematically guaranteed. If any transaction were invalid, the proof would fail and Ethereum would reject it.
• Scalability: The ZKsync Stack improves scalability by operating as a L2 solution, enabling the processing of significantly more transactions than Ethereum‘s base layer.
• Accessibility: ZKsync technology makes transactions cheaper by handling them off-chain in bulk and only posting the essential proofs to Ethereum‘s base layer, cutting settlement costs dramatically.

As a key investment arm of Abu Dhabi’s strategic push into the blockchain space, Further Ventures’ co-leadership of the Series A round consolidates its leading position as a critical force in shaping onchain finance globally.

As one of the fastest-growing developer ecosystems in crypto, EigenCloud’s EigenDA, the #1 data availability solution for Ethereum rollups, provides Grvt with the scale and security needed to operate at cloud speed. By anchoring data to a decentralized validator network, EigenDA ensures that Grvt’s ZK stack remains both verifiable and scalable. Looking ahead, Grvt will also tap into EigenDA’s programmable privacy features, which resolve the long-standing paradox between data availability and privacy. This breakthrough allows Grvt to combine data availability with privacy guarantees, an achievement once thought impossible.

Looking Ahead

Building on Grvt’s innovative foundation, which has already delivered several industry firsts – such as a -1 bps maker fee rebate for all maker orders (a benefit traditionally reserved for institutions) – the immediate next step is the launch of our fixed-yield product. This product will ensure a 10% interest rate return for all users. We will also introduce our flagship market-making strategy, the Grvt Liquidity Provider (GLP), a fund strategy that provides high double-digit APRs, which was once inaccessible to retail traders.

Amid the industry’s rapid growth, this funding round establishes a robust, multi-layered foundation. It combines cutting-edge technology, institutional-grade infrastructure, and a secure data framework to create a platform that solidifies its strong position in the increasingly crowded onchain financial space.

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Disclaimer: Cryptocurrencies carry high risks. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. Grvt is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our Risk Disclosure and Disclaimer in full.

Grvt Strategies: Grvt provides technology solutions and smart contract infrastructure for digital asset management but does not offer financial, investment, or advisory services. Grvt does not endorse, recommend, or guarantee the performance or suitability of any investment strategies made available through the Strategies platform. All investment strategies are developed and managed independently by third-party strategy providers. Grvt does not assume any responsibility or liability for the performance of such strategies or any losses incurred by users. Users are solely responsible for evaluating and accepting the risks associated with any investment decisions made through the Strategies platform.

About Grvt

Grvt (pronounced “gravity”) is an onchain financial platform built on the ZKsync Stack that ensures private, trustless, scalable and secure infrastructure. Through its decentralized exchange (“Grvt Exchange”) and investment marketplace (“Grvt Strategies”), Grvt enables everyday people to trade, invest, and grow wealth transparently alongside world-class professionals.

Grvt official website: https://Grvt.io/

Social and Community: X | LinkedIn | Telegram | Discord

About ZKsync

ZKsync is the pioneering ZK technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables the Elastic Network—an ever-expanding network of customizable chains.

Your gateway to the accelerating digital economy, ZKsync is used by leading banks, institutions, and companies to future-proof their financial infrastructure. Built on Ethereum, ZKsync delivers the privacy, scalability, and compliance needed to issue assets, power payments, and launch new financial products—giving you a secure foundation to grow with confidence.

About Further Ventures

Further Ventures builds and invests in companies shaping the future of financial markets.

Through a global platform rooted in emerging economies, Further connects next-generation financial infrastructure with global capital markets. Our portfolio companies enable institutional partners to securely store and transfer assets, trade structured products, secure decentralized networks, tokenize funds, and settle complex transactions with trustless precision.

From San Francisco to Hong Kong, founders choose Further as their institutional co-founder of choice. We make concentrated capital commitments, collaborate closely with regulators, and bring deep domain expertise to build category-defining companies at the frontier of finance.

Website: further.ae

About EigenCloud

EigenCloud is a developer cloud platform that lets developers build any application onchain or offchain, with cryptoeconomic trust. It is powered by the EIGEN token and secured by Ethereum; it unifies data, compute, and verification into a single developer experience, making anything verifiable onchain.

About 500 Global

500 Global is a venture capital firm with $2.3 billion in assets under management that invests early in founders building fast-growing technology companies. Since its inception, 500 Global has backed over 2,700 companies across 80+ countries, including 51+ unicorns such as Credit Karma, Canva, Grab, Bukalapak, GitLab, Solana, and Udemy. With a team of more than 190 professionals representing 25 nationalities, 500 Global is committed to uplifting people and economies around the world through entrepreneurship.

SOURCE GRVT

Global Healthcare Startups Invited to Apply for 12-Week Program with Mentorship, Investor Exposure, and Pitch Competition

NEW YORK, Sept. 18, 2025 — Cure, a premier healthcare innovation ecosystem headquartered in New York City, today announced the launch of the Cure by Deerfield Middle East Health Accelerator, which is now accepting applications for its first cohort of healthcare startup founders interested in expanding to Qatar, the Middle East and North Africa (MENA) region, and beyond.

“At Cure, our mission is to accelerate healthcare innovation by empowering entrepreneurs to take innovative ideas from concept to cure globally,” said Seema Kumar, CEO of Cure. “The Cure by Deerfield Middle East Health Accelerator is an extension of that vision—equipping founders with the education, networks, mentorship, and investor visibility needed to transform promising ideas into real-world health solutions, commercialize faster and at greater scale for patients in Qatar, across MENA, and around the globe.”

The accelerator will offer a 12-week hybrid learning program for up to 15 startup teams with expert-led sessions in Doha and New York City, as well as online resources. The program will kick off in New York City at Cure’s The X Factor: Healthcare Innovation Summit (November 11-13, 2025) and cover topics including business models, market dynamics, valuations, negotiations, pitching, fundraising, team building, operational planning, marketing, scaling, and more. 

The program will culminate in a pitch competition in early 2026 in Doha, where entrepreneurs will present to international investors, connect with leading experts and partners, and compete for the potential opportunity to pilot a new technology in Qatar.

The Cure by Deerfield Middle East Health Accelerator is rooted in a collaboration between Cure affiliate Deerfield Management Company and Qatar Investment Authority (QIA) via its Fund of Funds program. The collaboration unites Deerfield’s mission of advancing healthcare with QIA’s commitment to fostering a vibrant startup ecosystem in Qatar and across MENA.

“The collaboration between Deerfield and QIA combines global healthcare venture capital capabilities with localized ecosystem support to advance healthcare entrepreneurship in the Middle East,” said James Flynn, Managing Partner at Deerfield. “We believe the Cure by Deerfield Middle East Health Accelerator will become a powerful platform and resource hub for healthcare ventures in the region.”

The accelerator will select its first cohort from applications received by October 10^th, 2025. Applications are open to startups with fewer than 50 team members and preference will be given to teams that include a Qatari founder or have plans to expand into reimbursement systems in Qatar and MENA. Companies with a minimum viable product or commercialized solution that address a clear market need in digital health, medical technology, or healthcare services-based innovations and improve access, quality, or cost are encouraged to apply. Ventures may be digital-first or hybrid models that incorporate digital innovation.

“This new accelerator is designed to leverage Qatar’s vibrant startup ecosystem,” said Dr. Mussaad M. Al-Razouki, Operating Partner at Deerfield. “Startups will meet with key Qatari stakeholders, gain insights into the local market and regulatory landscape, and explore opportunities for regional scaling.”

For more information and to apply, please visit: https://wewillcure.com/cure-by-deerfield-middle-east-accelerator.

About Cure
Cure is a premier healthcare innovation ecosystem headquartered in New York City, with a mission to accelerate cures by helping health innovators develop their groundbreaking products and services from concept to commercialization. Cure’s thriving NYC campus includes state-of-the-art research and business facilities, and its digital ecosystem serves as the go-to resource for health innovators. Its dedicated content hub offers expert-driven insights, resources, mentoring, networking, and business services. The on-campus Cure Collaboration Residency companies include startups and established enterprises. Cure also hosts and convenes flagship events and conferences, bringing together thought leaders from across sectors in its premium venues, including an education center, conference center, and an iconic rooftop. For more information, please visit wewillcure.com.

About Deerfield Management
Deerfield is an investment management firm committed to advancing healthcare through investment, intelligence, and philanthropy. The Firm works across the healthcare ecosystem to connect people, capital, ideas, and technology in bold, collaborative, and inclusive ways. For more information, please visit www.deerfield.com.

About QIA
QIA is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.

About QIA’s Fund of Funds Program
The Fund of Funds program aims to develop a strong startup and venture capital ecosystem in Qatar, attract venture capital firms and entrepreneurs to the region, and help close the current funding gap for local and regional entrepreneurs. The program, first announced in February 2024, will place a priority focus on the tech and healthcare sectors. The Fund of Funds program has a mandate that includes delivering a positive development impact on the Qatari venture capital ecosystem.

SOURCE Cure