ArgusEye Raises €2.8M to Develop Sensor Solutions and Expand Market Reach

ArgusEye's Funding for Sensor Solutions

Key Highlights:

• Funding Round: ArgusEye raised €2.8M in funding for the development of its Auga sensor system platform.
• Investors: The round was led by Voima Ventures and included participation from existing investor Eir Ventures.
• Product Focus: ArgusEye's AugaOne™ sensor system is designed for downstream processing in bioprocessing workflows, enhancing efficiency and accelerating detection and quantification of mAbs.

ArgusEye's Target Market

• Biopharmaceutical Industry: Targeting companies involved in biopharma manufacturing, specifically in downstream processing and quality control.
• Global Market Expansion: Seeking to expand its market footprint geographically and diversify product offerings to cover the entire pharmaceutical process chain.
• Biomedicine Manufacturing: Providing real-time monitoring and analysis solutions to enable more sustainable and efficient production of biomedicines.

What ArgusEye Needs to Buy

• Research and Development Partnerships: Collaborating with research institutions and biotech companies to advance sensor technology and expand product offerings.
• Manufacturing and Supply Chain Solutions: Partnering with manufacturers and suppliers to scale production and ensure reliable delivery of sensor systems.
• Marketing and Sales Support: Engaging with marketing agencies and sales experts to effectively promote and distribute sensor solutions to the biopharmaceutical industry.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.