Canadian cleantech innovator ReliON has secured a critical investment of $3 million CAD to propel its mission of ensuring seamless operation within the electric vehicle (EV) charging infrastructure landscape. The funding round, led by Diagram Ventures with participation from MaRS IAF, AQC Capital, Anges Québec, and Cycle Momentum, empowers ReliON to solidify its position as…
Truvian Health, a pioneering force in healthcare innovation, has announced a significant milestone with the successful closure of a $74 million funding round aimed at revolutionizing the accessibility of blood testing. This funding, led by Wittington Ventures and Great Point Ventures, marks a pivotal moment for Truvian as it prepares to advance its groundbreaking blood…
Leya, a pioneering force in AI-driven legal technology, has successfully concluded its Series A funding round with a significant $25 million investment. The round was spearheaded by Redpoint Ventures, accompanied by strong support from existing investors Benchmark, Y Combinator, and Wayfinder Ventures, alongside new addition Alt Capital. Founded on the fundamental belief that legal professionals…
ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…
Slope, the innovative B2B payments platform leveraging AI for seamless transaction management, announced today the successful closure of a $65 million strategic financing round led by J.P. Morgan, alongside participation from prominent investors including Y Combinator, Jack Altman, and Max Altman’s Saga fund. This funding, comprising both equity and debt components, brings Slope’s total funding…
CytoReason, a trailblazer in computational disease models for biopharma R&D, has secured $80 million in a funding round led by OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific. This substantial investment marks a pivotal moment for CytoReason as it accelerates its mission to revolutionize pharmaceutical decision-making through advanced AI technology. The new funding will propel CytoReason’s…
Novocuff, Inc., a trailblazing medical device company specializing in improving pregnancy outcomes and combating preterm births, has successfully concluded an oversubscribed $26 million Series A funding round. The financing, initially kicked off with a $2 million seed round, was led by AXA IM Alts through its Global Healthcare Private Equity Strategy, with substantial contributions from…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
Making Space, a pioneering B2B SaaS platform dedicated to enhancing talent acquisition and learning opportunities for disabled individuals, has successfully closed an oversubscribed $2 million pre-seed funding round. Led by Beta Boom and joined by prominent investors including JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars, and others, this funding will…
Amity Solutions (ASOL), a leading software and AI firm based in Thailand, along with its parent company Amity Corporation, has successfully closed a Series C financing round raising US$60 million. This significant funding is earmarked to propel the transformation of enterprise software products through Generative AI (GenAI), aimed at enhancing value and utility across various…
