October 14, 2025 - THE TIMES MAGAZINE

The Infrastructure Layer for AI Needs a Network—Movandi Just Raised $40M to Build It

Movandi, a pioneer in advanced RF and millimeter-wave (mmWave) infrastructure, has just secured $40 million in strategic funding to accelerate the deployment of next-generation connectivity across terrestrial and non-terrestrial networks. The round was anchored by a $20M investment from ITHCA Group, Oman’s sovereign-backed technology investor, with co‑investment from Phaistos Investment Fund, VT Alliance, Murata, and…

Planera’s Visual Scheduling Platform Powers a 600% Surge in Data Center Projects, Secures $8M to Accelerate Growth

Editor1 hour ago05 mins

In an era defined by the relentless expansion of digital infrastructure, San Jose-based Planera is carving out a vital niche by revolutionizing how complex data center construction projects are planned and executed. The company, specializing in visual collaborative scheduling tools tailored for construction, has announced a new $8 million funding round that bolsters its total…

Blacksmith Medicines Secures FDA QIDP and Fast Track Status for FG-2101, Advancing Critical Fight Against Drug-Resistant Gram-Negative Infections

Editor2 hours ago06 mins

In a significant milestone for antibiotic innovation, Blacksmith Medicines has been granted both Qualified Infectious Disease Product (QIDP) and Fast Track designations by the U.S. Food and Drug Administration (FDA) for its novel antibiotic candidate, FG-2101. This small molecule inhibitor targets LpxC, a metalloenzyme essential to the survival of Gram-negative bacteria, including multidrug-resistant strains—an area…

Glide Identity Raises $20M to Secure the Next Frontier of AI-Enabled Digital Identity

Editor2 hours ago07 mins

In an era when passwords feel quaint and one-time codes are under siege, Glide Identity has closed a fresh Series A round exceeding $20 million to build what it calls an “authentication layer for the AGI era.” The round was led by Crosspoint Capital Partners, with co‑investment from Amigos Venture Capital, Singtel Innov8 Ventures, and Sir…

Irys Lands $12.5M to Rebuild the Backbone of Insurance — From Legacy Engines to an AI-Native Core

Editor2 hours ago04 mins

Irys, a Tampa‑based insurtech, has closed a $12.5 million seed round led by Markd, with backing from Deepwork Capital, Florida Opportunity Fund, Ansay & Associates, HICO Ventures, and JMG Capital. The new capital will accelerate engineering hiring, deployment of its platform across U.S. and Canadian markets, and further integrations with distribution partners. At the heart…

Jeanne Volatron, Co-Founder and CEO of EVerZom Nicolas Rousseau

EVerZom Secures €10M to Advance Groundbreaking Exosome-Based Biotherapies for Inflammatory Diseases

Editor2 hours ago2 hours ago09 mins

EVerZom, a pioneering biotechnology firm based in France, has secured €10 million in a Series A funding round to propel the clinical development of its first therapeutic candidate and further scale its exosome biomanufacturing platform. The investment, which brings together major players like Capital Grand Est, the European Innovation Council (EIC) Fund, Sorbonne Venture by…

Airbound Secures $8.65M in Seed Funding to Revolutionize Drone Delivery for Global Logistics

Editor2 hours ago08 mins

In a significant leap for the logistics and autonomous delivery sector, Bengaluru-based Airbound has raised $8.65 million in a seed funding round. The round, led by Lachy Groom, co-founder of Physical Intelligence, also saw contributions from Humba Ventures, Lightspeed, and notable industry figures from Tesla, SpaceX, and Anduril. The funding will propel the company’s ambitious…