iLearningEngines, a pioneering force in AI-powered learning and work automation, has announced a significant milestone in its growth journey with the securing of an additional $20 million in funding. This funding comes through an amendment to its existing Loan and Security Agreement, enhancing its financial capacity to execute expansive growth initiatives. The amendment, entered into…
Rare Beauty Brands, in collaboration with JCPenney, announces the inaugural LIFT Beauty Accelerator program aimed at empowering female-identifying founders from Black and Brown communities within the beauty industry. This initiative, supported by prestigious sponsors including Black Beauty Collective and Black Girl Ventures, seeks to foster innovation and inclusivity by offering financial grants, retail opportunities, and…
Tembo, a leading provider of managed services for Postgres, has announced the successful closure of a $14 million Series A funding round, led by GreatPoint Ventures. Other participants include Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, Cintrifuse Capital, and notable angel investors. This funding will bolster Tembo’s mission to revolutionize data management by leveraging Postgres,…
SendBlocks, a pioneering startup specializing in blockchain data management, emerges from stealth mode today with a substantial $8.2 million in seed funding. The funding round, which underscores growing investor confidence in blockchain innovation, positions SendBlocks to redefine how enterprises interact with blockchain data. SendBlocks offers a transformative platform that simplifies access to blockchain data. Designed…
Kvantify ApS, a trailblazing quantum software start-up based in Copenhagen, has successfully concluded a EUR 10 million seed funding round aimed at unlocking the potential of quantum computing, particularly in the life sciences sector. Led by Danish VC Dreamcraft, alongside biotech investor Lundbeckfonden BioCapital and private investment company 2degrees, this funding infusion underscores Kvantify’s commitment…
Beacon Therapeutics, a pioneering ophthalmic gene therapy company dedicated to combating blinding retinal diseases, has secured $170 million in Series B funding, marking a significant stride towards advancing its transformative treatments. Led by Forbion and supported by existing investors Syncona and Oxford Science Enterprises, alongside newcomers TCGX and Advent Life Sciences, this funding round will…
HR Path, a global leader in HR consulting, has achieved a monumental milestone with the closing of a record €500 million fundraising round led by Ardian, a prominent private investment firm. This landmark financing, the largest in HR Path’s history, sets the stage for accelerated international expansion and further solidifies its position as a frontrunner…
Prodia, a pioneer in distributed GPU networks for AI inference solutions, has announced a significant milestone with the closing of a $15 million seed funding round. This financing, led by Dragonfly Capital, underscores Prodia’s commitment to enhancing scalability and affordability in AI technologies through innovative Web3 infrastructure. Other notable investors include HashKey, Index Ventures, and…
BoldHue, the pioneering female-founded tech firm reshaping the beauty-tech landscape, has announced the successful closure of its oversubscribed seed funding round, raising a total of $3.4 million. The round was led by Lucas Venture Group, with significant contributions from Capital Eleven, Backstage Capital, Tacoma Ventures, as well as notable individuals including Mark Cuban and Kevin…
Lirvana Labs, the innovative force behind the Yeti Confetti™ Kids app, announces remarkable advancements in childhood education with its AI-driven learning platform. Recent data reveals that just 15 minutes of weekly engagement on the app can boost English literacy and mathematical reasoning skills by half a grade level in a mere 10 weeks, underscoring its…
