October 5, 2024
Headlines

July 2024

AeroShield Materials Unveils New Waltham Facility and Secures $5 Million in Funding for Revolutionary Energy-Efficient Technologies

Editor06 mins

AeroShield Materials, a pioneering MIT spin-out at the forefront of energy-efficient technology, proudly announced the grand opening of its state-of-the-art manufacturing facility in Waltham, Massachusetts. The company has also secured an additional $5 million in funding, supported by both existing and new investors including Massachusetts Clean Energy Center (MassCEC), MassVentures, and MassMutual Ventures. The new…

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Protembis Secures €20 Million from EIB to Advance Brain Protection Technology in Heart Treatments

Editor04 mins

The European Investment Bank (EIB) has announced a significant €20 million venture-debt financing deal with German medtech innovator Protembis. This funding is set to propel the development of Protembis’ cutting-edge ProtEmbo Cerebral Embolic Protection system, designed to safeguard patients’ brains during catheter-based heart procedures. Protembis, known for its trailblazing approach to medical technology, will utilize…

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Rillet Raises $13.5 Million to Transform Accounting with AI-Driven ERP Platform

Editor03 mins

Rillet, an innovative fintech firm specializing in AI-powered accounting solutions, has secured $13.5 million in a recent funding round. The investment, spearheaded by Creandum and First Round Capital, with contributions from Chad Byers of Susa Ventures, Eventbrite founder Kevin Hartz, and other prominent industry figures, marks a significant milestone in Rillet’s mission to revolutionize accounting…

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Helpt Secures $850,000 Seed Funding to Expand Technical Support Solutions

Editor03 mins

Helpt, a U.S.-based leader in technical and customer service solutions, has successfully raised $850,000 in seed funding from Dealbrook Holdings II. This significant investment will accelerate Helpt’s growth by expanding its service offerings, advancing platform development, and enhancing its sales and marketing efforts. Founded in 2022 by Matthew Pincus and David Sohn, Helpt delivers a…

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Trio Mobil Secures $26.5M Growth Funding Led by NewSpring to Elevate Workplace Safety with Advanced AI and IoT Solutions

Editor04 mins

Trio Mobil, an innovator in AI and IoT solutions for workplace safety and efficiency, has announced a significant $26.5 million in growth financing led by NewSpring Growth. The funding round also saw participation from 212 and TIBAS Ventures. This substantial investment will propel Trio Mobil’s mission to enhance safety and operational efficiency across global industries….

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unspun Secures $32M in Series B Funding to Revolutionize Fashion Supply Chains with Pioneering 3D Weaving Technology

Editor03 mins

unspun, a trailblazer in 3D weaving technology, has successfully raised $32 million in an oversubscribed Series B funding round. Led by DCVC and joined by Lowercarbon Capital, E12, Decathlon, and SOSV, this funding will propel unspun’s groundbreaking technology, Vega™, to new heights. Vega™ is set to transform the fashion industry with its capability for near-zero-waste,…

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Synthetica Pioneering Secures Series A Funding to Accelerate Oncolytic Bacterial Therapy for Solid Tumors

Editor05 mins

Shenzhen Synthetica Pioneering Co., Ltd. has successfully concluded a Series A funding round, raising significant capital to propel its innovative oncolytic bacterial therapy into clinical trials. This funding milestone, spearheaded by prominent investors including Boehringer Ingelheim Venture Fund and Temasek, along with contributions from Lenovo Capital, Fosun Health Capital, and ATLATL Summer Fund, underscores the…

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Heeler Secures $8.5 Million to Reimagine Application Security with Groundbreaking ProductDNA Technology

Editor04 mins

Heeler Security, a pioneering application security startup, has secured $8.5 million in seed funding to revolutionize how organizations secure their applications. Led by Norwest Venture Partners with significant participation from Storm Ventures, this investment fuels Heeler’s mission to address the growing crisis of real-time context in the software development lifecycle (SDLC). A Broken System Demands…

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