Batteries Plus, the leading retailer of batteries for consumers and businesses alike, has been selected for a major grant from the U.S. Department of Energy (DOE) to spearhead a comprehensive national initiative aimed at dramatically increasing battery recycling rates. This exciting announcement marks a significant step forward for Batteries Plus, solidifying their position as a…
Gear up for a revolution in experiential entertainment! F1 Arcade, the ingenious Chicago-based brand bringing Formula 1® to life, has secured a monumental $130 million in growth funding. This impressive round, led by heavyweights like Cheyne Capital, Liberty Media Corporation, Permira Credit, and OakNorth, signifies a resounding vote of confidence in F1 Arcade’s potential to…
A beacon of hope emerged in the fight against cancer this week, as Spotlight Medical, a pioneering French startup, announced securing €6.2 million in seed funding. This significant investment, led by renowned healthcare innovation firms Kurma Partners and Heal Capital, propels the company’s mission to transform cancer treatment through the power of artificial intelligence (AI)….
In a bold move that underscores its commitment to innovation in 3D printing, Formlabs has announced the acquisition of Micronics, a dynamic startup emerging from the heart of Wisconsin. Founded by Henry Chan and Luke Boppart, Micronics has distinguished itself with a groundbreaking approach to Selective Laser Sintering (SLS) technology, traditionally confined to high-cost industrial…
Element Biosciences, a trailblazer in advancing scientific discovery through groundbreaking technologies, has announced a significant milestone in its journey of innovation. The company has successfully raised over $277 million in Series D funding, underscoring its pivotal role in revolutionizing DNA sequencing and multi-omics technologies. This latest round, led by Wellington Management and supported by a…
Tread.fi, a trailblazing algorithmic trading infrastructure company, has emerged onto the scene with a groundbreaking approach to institutional crypto trading. The company’s launch coincides with the announcement of a successful $3.5 million pre-seed funding round, marking a significant milestone in its journey to revolutionize the digital asset market. Led by New Form Capital, renowned for…
New York-based ProofPilot, a frontrunner in the Clinical Experience Platform (CXP) space, has announced the successful closing of its Series C funding round. Sopris Capital led the investment, with participation from Mitsui & Co. (U.S.A.), Inc. This significant investment underscores the growing recognition of ProofPilot’s innovative approach to clinical trials. While advancements in data capture…
Floatic, a pioneering provider of warehouse robotic solutions based in Seoul, South Korea, has successfully concluded its pre-Series A bridge round with an undisclosed additional investment from ZERO1NE, Hyundai Motor Group’s startup innovation platform. This recent funding complements the $3.8 million raised last month, led by Capstone Partners, bringing Floatic’s total funding to over $8…
AM Batteries (AMB), a leader in lithium-ion dry-electrode technology, has unveiled its state-of-the-art Customer Success Center, marking a significant milestone in advancing sustainable battery production. The center, funded by a $2.23 million grant from the Massachusetts Manufacturing Innovation Initiative (M2I2), is set to revolutionize the industry with its cutting-edge capabilities in dry-electrode manufacturing. AMB’s Customer…
Miridih Co., Ltd. (Miridih), a pioneering force in South Korea’s SaaS landscape, announced a significant milestone today with the successful closure of its Series B funding round, raising KRW 20 billion (approximately USD 15 million). The round was led by prominent investors including Kiwoom PE, Industrial Bank of Korea (IBK), Shinhan Venture Investment, and G.N….
