In a significant stride for the legaltech landscape, Fynk, a pioneering startup, has successfully raised $3.5 million to enhance its AI-driven contract management solutions. This funding round arrives just four months post its public debut in May 2024, following an initial pre-seed investment of $1.5 million. Founded by seasoned entrepreneurs Constantin Wintoniak, Dominik Hackl, and…
X-Bow Systems Inc. (X-Bow), a pioneering force in advanced manufactured solid rocket motors (SRMs) and hypersonics technologies, announced today the successful completion of its Series B financing round, raising in excess of $70 million. This significant capital infusion, led by National Security technology-focused firm Razor’s Edge, alongside contributions from Lockheed Martin Ventures, Boeing Ventures, Crosslink…
Gensmo, an innovator in AI-powered fashion shopping, has secured over $60 million in seed funding to redefine how consumers explore and select personal style. The New York–based startup, founded and led by CEO Ning Hu, launched its real-time virtual “Try-On” feature in December 2024, allowing users to see garments on lifelike digital avatars—streamlining the path from…
Gear up for a revolution in experiential entertainment! F1 Arcade, the ingenious Chicago-based brand bringing Formula 1® to life, has secured a monumental $130 million in growth funding. This impressive round, led by heavyweights like Cheyne Capital, Liberty Media Corporation, Permira Credit, and OakNorth, signifies a resounding vote of confidence in F1 Arcade’s potential to…
As neurological disorders like Parkinson’s and dementia surge globally, healthcare systems are grappling with the growing challenge of timely diagnosis and sustained patient management. Enter Kneu Health, a precision neurology startup that is redefining how these conditions are monitored and managed—leveraging nothing more than a smartphone and sophisticated AI. With a freshly closed $5.6 million…
FP Markets, a leading global multi-asset Forex and CFD broker, has once again solidified its position at the forefront of the industry by clinching two prestigious accolades at the Global Ultimate Fintech (UF) Awards 2024. Recognized for ‘Most Transparent Broker’ and ‘Best Trading Conditions’ for the second consecutive year, FP Markets extends its winning streak…
Granza Bio Corporation, a trailblazing biotechnology firm rooted in pioneering therapeutic delivery platforms, has successfully concluded an oversubscribed $7.14 million Seed funding round. The funding was led by prominent investors including Felicis and Refactor, alongside participation from Y Combinator and a consortium of esteemed angel investors. Established in 2024 by distinguished researchers from the University…
In a move that emphatically underlines the growing importance of enterprise-grade artificial intelligence, Uniphore has secured a $260 million Series F funding round, led by a roster of tech heavyweights including NVIDIA, AMD, Snowflake and Databricks, alongside prominent financial and sovereign investors such as NEA, March Capital, BNF Capital, National Grid Partners and Prosperity7 Ventures….
Oldcastle BuildingEnvelope, Inc. (“OBE”), a premier manufacturer, fabricator, and distributor of architectural hardware solutions and glazing systems across North America, proudly announces the appointment of Mark Adamson as its new Chief Executive Officer, effective July 1, 2024. Mark Adamson brings over 35 years of exemplary leadership in the global building products sector to OBE. His…
In a resounding testament to the burgeoning potential of sustainable construction technology, Emirati startup Tenderd has successfully concluded a Series A funding round, securing an impressive $30 million from a consortium of esteemed investors, both new and existing. Spearheaded by AP Moller Holding, this landmark investment round witnessed the enthusiastic participation of prominent new backers…
