In a significant advancement for the realm of contract management, Formality, a Paris-based platform specializing in intelligent contract management for clients and suppliers, has announced the successful raising of €8 million in its initial funding round. This round was spearheaded by prominent venture capital firms Partech and Serena, alongside an investment of €2.4 million from…
Energy Robotics, the AI-driven fleet orchestration platform powering autonomous inspections for critical infrastructure, has closed a $13.5 million Series A funding round. Co-led by Blue Bear Capital and Climate Investment (CI), with support from Futury Capital, Hessen Capital, Kensho VC, and TADTech, this injection of capital marks a significant milestone for the Darmstadt-based firm as…
Velentium, a Houston-based engineering leader in medical device design and manufacturing, has secured a significant $15 million investment from Trinity Capital Inc. This strategic partnership fuels Velentium’s mission to deliver innovative and life-saving medical technologies. Velentium’s expertise spans across the entire medical device lifecycle, from concept to production. Their team offers a unique blend of…
Walnut Insurance, a trailblazer in the insurance distribution sector, has announced the successful closing of a $4.6 million funding round. This investment marks a significant milestone for the company, which aims to revolutionize the industry through its advanced embedded insurance technology platform. The newly acquired capital will be channeled towards scaling Walnut’s innovative solutions, expanding…
Utrecht-based agtech startup Aurea Imaging has secured €2.8 million in a Series A funding round to expand its innovative sensor systems tailored for precision farming in fruit orchards. The funding round was led by ROM Utrecht Region and included participation from impact investors such as Pymwymic, Knop Ventures, Goeie Grutten Impact Fonds, and BarUni Family…
In a significant move set to redefine institutional trading in digital assets, Crossover Markets has announced the successful closure of its Series A funding round, securing $12 million. The round was led by Illuminate Financial and DRW Venture Capital, underscoring growing investor confidence in Crossover’s pivotal role in the evolving financial landscape. Crossover Markets, renowned…
CTERA, a pioneer in hybrid cloud data management, has announced a significant milestone with the closing of an $80 million funding round led by PSG Equity, a prominent growth equity firm specializing in software and technology-enabled services. This investment, comprising both primary and secondary funding, underscores CTERA’s strategic focus on enhancing its hybrid cloud data…
In a bold move to address the pressing access-to-care crisis in the U.S. healthcare system, Counsel Health has announced the successful closure of an $11 million seed funding round. The funding was led by Andreessen Horowitz (a16z) Bio + Health, with additional contributions from Asymmetric Capital Partners, Floodgate Fund, and Pear VC. This financial boost…
Saronic, a leader in autonomous surface vessel (ASV) technology, has secured a massive $175 million Series B funding round, propelling the company to a coveted unicorn status with a valuation of $1 billion. This investment, led by Andreessen Horowitz (a16z), will fuel Saronic’s mission to revolutionize naval warfare with its next-generation unmanned technology. Saronic’s ASVs,…
Neustark, the pioneering Swiss carbon capture firm, has announced a monumental stride in its mission to combat climate change. Securing a substantial $69 million in funding, the company is poised to accelerate its European expansion and bolster its leadership in carbon dioxide removal (CDR) technologies. Founded on an IP-protected breakthrough, Neustark specializes in capturing CO2…
