July 2, 2024
Headlines

June 27, 2024

Clearstory Secures $16 Million Series B Led by Prudence to Transform Construction Change Order Management

Editor04 mins

Clearstory, the pioneering change order communication platform in the construction industry, has announced the successful closure of a $16 million Series B funding round. This investment, led by Prudence alongside Industry Ventures and existing investors Jackson Square Ventures, Building Ventures, GS Futures, and Cloud Apps Capital Partners, brings Clearstory’s total capital raised to $35 million….

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AuthZed Secures $12 Million in Series A Funding to Revolutionize Permissions Systems

Editor04 mins

AuthZed, a trailblazer in scaling permissions systems and developer of the renowned open-source platform SpiceDB, has announced a significant milestone with the completion of a $12 million Series A funding round. The investment was spearheaded by General Catalyst, joined by existing backers Work-Bench and Amplify Partners, underscoring confidence in AuthZed’s innovative approach to permission management….

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Sila Secures $375M Funding to Propel Titan Silicon™ Production for Automotive Innovation

Editor06 mins

Sila, the forefront innovator in battery materials, has announced a significant milestone with the closing of its Series G funding round, raising a staggering $375 million. This latest round was spearheaded by stalwart investors Sutter Hill Ventures and funds and accounts advised by T. Rowe Price Associates, Inc., alongside enthusiastic participation from existing investors including…

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Axelera AI Secures $68 Million Series B Funding to Drive Next-Generation AI Solutions

Editor04 mins

Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…

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e-Zinc Secures $31 Million to Pioneer Long-Duration Energy Storage Solutions

Editor05 mins

e-Zinc, a trailblazer in sustainable long-duration energy storage utilizing zinc-air battery technology, has announced the successful completion of a $31 million Series A2 funding round. Led by Evok Innovations and bolstered by investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners, this funding will propel e-Zinc’s efforts in advancing commercialization initiatives….

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gaiia Secures $13.2M Series A Led by Inovia Capital to Transform ISP Customer Experiences

Editor04 mins

gaiia, the innovative operating system tailored for Internet Service Providers (ISPs), has announced a successful Series A funding round, raising US$13.2 million. The investment was led by Inovia Capital, with participation from GTMfund, General Advance, Simon De Baene, Manon Brouillette (ex-CEO of Videotron and Verizon Consumer Group), and existing investor YCombinator. This funding infusion will…

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Orby AI Secures $30 Million Series A Funding to Revolutionize Enterprise Automation

Editor04 mins

Orby AI (Orby), a trailblazer in generative AI solutions for enterprise automation, has announced the successful closure of its series A funding round, raising $30 million from prominent investors. Led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with participation from Pear VC, this funding marks a pivotal moment for Orby. The capital infusion…

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Innatera Surges Ahead: Secures $21M Series A Funding to Propel Innovation in Neuromorphic Processors

Editor05 mins

In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…

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illumex Secures $13M Seed Funding to Pioneer Trustworthy Enterprise GenAI with Structured Data

Editor05 mins

illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….

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