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…
Faye, the acclaimed travel platform known for integrating insurance, assistance, and financial solutions, has successfully raised $31 million in Series B funding. This latest round elevates Faye’s total funding to $49 million. The investment was spearheaded by Portage, with notable contributions from Lumir Ventures and continued support from existing backers F2 Venture Capital, Viola Ventures,…
Coldcart, a pioneering force in the realm of frozen and refrigerated parcel logistics, has successfully closed an oversubscribed seed financing round, raising $6.5 million. This funding, led by Collide Capital and supported by notable investors including Material and Great North Ventures, marks a significant milestone for the company as it accelerates its mission to streamline…
A Dublin‑based biotech startup, Meta‑Flux, has secured €1.8 million ($2 million) in seed funding to accelerate its AI‑powered decision support platform designed for drug discovery. The company helps scientists navigate complex biological data to identify biomarkers and disease subtypes faster—compressing timelines from years to just weeks. Unlike black-box AI tools, Meta‑Flux blends multi‑omic, clinical, and…
AM Batteries (AMB), a leader in lithium-ion dry-electrode technology, has unveiled its state-of-the-art Customer Success Center, marking a significant milestone in advancing sustainable battery production. The center, funded by a $2.23 million grant from the Massachusetts Manufacturing Innovation Initiative (M2I2), is set to revolutionize the industry with its cutting-edge capabilities in dry-electrode manufacturing. AMB’s Customer…
Noetik, a pioneering AI-native biotechnology firm dedicated to advancing precision cancer therapies, has successfully closed a substantial $40 million Series A financing round. This oversubscribed round was spearheaded by Polaris Partners, with Amy Schulman, Managing Partner, joining Noetik’s board of directors. The funding also saw participation from notable new investors including Khosla Ventures, Wittington Ventures,…
PayPal Ventures, the global venture capital arm of PayPal, has announced a significant additional investment in Chaos Labs, an emerging leader in onchain risk management. This move not only highlights PayPal’s faith in Chaos Labs’ innovative blockchain solutions but also underscores the growing importance of risk management in the rapidly evolving crypto landscape. Chaos Labs…
In a remarkable display of confidence and ambition, Jet HR, an Italian startup, has successfully raised €12 million in a Seed funding round just one year after its inception. This brings the total funding raised to €16.7 million, a testament to its rapid growth and innovative approach to payroll management in Italy. Founded by Marco…
Scylos, a pioneer in stateless endpoint infrastructure, has closed a $3 million oversubscribed seed funding round, led by Galgano Family Investments alongside multiple private investors. The fresh capital is set to accelerate platform development, expand enterprise and public sector pilots, and forge strategic partnerships in security-critical environments. Founder Rich Galgano emphasized that “most endpoint security…
Israeli medtech startup CustoMED has closed a $6 million funding round aimed at scaling its AI-driven, 3D-printed solutions for patient-specific orthopedic surgery. The round brought together strategic investors including Longevity Venture Partners, Varana Capital, Flag Capital, the Israel Innovation Authority, a leading orthopedic implant company, and Avishai Abrahami, co-founder and CEO of Wix. CustoMED’s platform…
