In a significant development for the data-as-a-service (DaaS) sector, Monda has successfully closed a $5 million seed funding round. The financing was spearheaded by Senovo and Acrobator Ventures, with notable participation from Techstars. The new capital will be instrumental in accelerating Monda’s expansion into the US market, scaling its partner network, and further advancing its…
In a significant boost to the field of healthcare innovation, Segmed, Inc. has announced the successful completion of its $10.4 million Series A funding round. This latest round, which saw an oversubscription, was spearheaded by iGan Partners and Advocate Health, with notable contributions from Castellan Group, Engine Health Capital, Bold Brain Ventures, Fox Chase Cancer…
AcuraStem, a leading biotechnology firm renowned for its patient-centered approach to treating neurodegenerative disorders, has announced a pivotal development in its research efforts. The company has been awarded $4 million in grant funding by the California Institute for Regenerative Medicine (CIRM). This substantial investment will bolster AcuraStem’s innovative work on its targeted therapeutic program focusing…
Citroniq Chemicals LLC, a pioneer in producing carbon-negative materials, has successfully closed a $12 million Series A financing round. The funding was spearheaded by a major multinational energy technology firm renowned for providing large rotating equipment across the oil & gas, energy, and industrial sectors globally. Additional backing came from Lummus Technology Ventures and a…
Oxylus Energy, an innovative player in the clean energy sector, has successfully closed a $4.5 million Series Seed funding round. The investment, co-led by Toyota Ventures and Azolla Ventures, with additional support from Earth Foundry and Connecticut Innovations, marks a significant milestone in the company’s mission to advance green methanol technology. Oxylus Energy is pioneering…
Steerlab, a Paris-based AI startup, has successfully raised €1.7 million in a pre-seed funding round, positioning itself to revolutionize the sales workflow automation landscape. The investment underscores a robust commitment to developing an advanced AI platform aimed at automating responses to Requests For Proposals (RFPs) and security questionnaires. This platform promises to enhance efficiency for…
Tiptapp, the innovative Swedish platform revolutionizing urban logistics, has announced a significant €1 million funding boost aimed at enhancing its marketing initiatives across Berlin and broader Germany. This recent financial injection brings Tiptapp’s total funding to an impressive €8.5 million. Launched in 2016, Tiptapp offers a unique solution for urban dwellers by connecting individuals needing…
Fintech startup Palm has announced a successful Seed funding round, raising $6.1 million to enhance enterprise cash management. This innovative platform aims to transform the way treasury teams manage cash flow across multiple bank accounts and subsidiaries globally. Palm’s solution delivers a comprehensive overview of both historical and projected cash flows, serving as a central…
Magfi, an innovative SaaS platform specializing in simultaneous advertising across Telegram and Discord communities, has raised $1.1 million in its Seed funding round. The investment, led by Eleven Ventures, a prominent Bulgarian VC known for its support of unicorns like Payhawk, will accelerate Magfi’s growth and market expansion. Svetozar Georgiev from Eleven Ventures will join…
Treble, an innovative Icelandic firm specializing in sound simulation and synthetic audio data, has successfully raised €11 million in a Series A funding round. This investment, led by KOMPAS VC, marks a pivotal moment for the company, which aims to redefine how sound is integrated into various industries, from architecture and automotive to immersive technology…
