November 7, 2024
Headlines

August 7, 2024

Bilt Rewards Secures $150 Million Boost Led by Ontario Teachers’ Pension Plan to Transform Neighborhood Loyalty Programs

Editor03 mins

In a remarkable development, Bilt Rewards, the leading loyalty program for home and neighborhood transactions, has secured an additional $150 million in funding. This latest round, led by Ontario Teachers’ Pension Plan Growth (TVG) and supported by new contributors including the Vanderbilt Endowment and the University of Illinois Foundation, augments Bilt’s total funding to $50…

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KNIME Secures $30 Million Investment to Enhance AI Governance and ModelOps Capabilities

Editor04 mins

KNIME, a leader in open-source data science and AI, has secured an additional $30 million from longtime investor Invus, bringing the total Series B funding to $50 million. This investment will drive KNIME’s efforts to advance its enterprise-grade AI governance and ModelOps capabilities, positioning the company to meet the burgeoning demand for sophisticated data science…

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Marcello La Rosa, CEO and Co-founder of Apromore

Apromore Secures $15 Million Extension in Series B Round to Propel AI-Driven Process Mining Innovation

Editor04 mins

Apromore, a leading innovator in AI-driven process mining, has successfully closed an additional $15 million in Series B-1 funding, extending its earlier round. This latest round, led by existing investors and featuring participation from Tin Alley Ventures—a joint venture between Tanarra Capital and the University of Melbourne—brings the total Series B funding to $25.3 million…

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Spineology Secures $25 Million in Equity Financing to Accelerate Growth and Innovation

Editor04 mins

Spineology, a leader in Conform and Expand™ spinal fusion technology, has successfully closed a $25 million Series AA funding round. The investment was led by SV Health Investors, with additional contributions from 1315 Capital and existing investor RC Capital. This new funding is set to drive Spineology’s expansion in commercial growth, clinical education, and product…

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Boostly Secures $5.6 Million Seed Funding to Transform Restaurant Marketing

Editor05 mins

In a significant move poised to revolutionize restaurant marketing, Boostly has announced the successful completion of a $5.6 million seed funding round. This investment was spearheaded by Trestle Partners and includes contributions from Relish Works, Singularity Capital, and Y Combinator. The funds are set to propel Boostly’s mission of equipping restaurants with cutting-edge tools to…

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Ben Heinzelmann co-founder and CEO,

Energy Domain Secures $5 Million Series A Funding to Advance Oil and Gas Data Solutions

Editor04 mins

Energy Domain, the innovative tech-driven marketplace for oil and gas transactions, has successfully closed a $5 million Series A funding round. This investment will expedite the development of its upcoming data platform, Energy Domain Data, while enhancing its existing marketplace operations. The Series A round drew contributions from a broad spectrum of investors, including industry…

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Avoli Celebrates First Year with Major Milestones: New Athletes, Retail Partnership, and $2.1M Funding Round

Editor04 mins

Avoli, the pioneering athletic brand dedicated to the performance needs of women and girl volleyball players, has marked its first anniversary with a series of significant achievements. The company announced the successful closure of its seed funding round, surpassing its initial target with $2.1 million raised. This funding round saw contributions from prominent figures in…

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Steve Brierley, Riverlane Founder and CEO

Riverlane Secures $75 Million in Series C Funding to Accelerate Quantum Error Correction Technology

Editor03 mins

Riverlane, a leader in quantum error correction (QEC) technology, has announced a successful Series C funding round, raising $75 million to advance its pioneering QEC roadmap. The round was led by Planet First Partners, with participation from ETF Partners, EDBI, and existing investors Cambridge Innovation Capital (CIC), Amadeus Capital Partners, the UK’s National Security Strategic…

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Rajiv Khemani, Co-founder and CEO of Aurascape AI,

Aurascape AI Raises $12.8 Million in Oversubscribed Seed Round to Revolutionize Cybersecurity for the AI Era

Editor05 mins

Aurascape AI, an innovative cybersecurity startup designed for the AI age, has successfully closed an oversubscribed $12.8 million seed funding round. The investment was led by Mayfield Fund, with additional support from Celesta Capital, StepStone Group, AISpace, and notable industry figures including Mark McLaughlin, former Chairman and CEO of Palo Alto Networks. Aurascape AI is…

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Derek Stein Founder of Adept Materials

Adept Materials Secures $4M in Seed Funding to Revolutionize Building Moisture Control

Editor06 mins

Adept Materials, a trailblazer in advanced materials technology, has announced a significant milestone with the successful closing of its first $4 million seed funding round. This injection of capital is poised to accelerate the commercialization of Adept’s groundbreaking directional moisture control technology. The funding round is spearheaded by major North American homebuilders D.R. Horton and…

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