A shining star in the constellation of clean energy solutions, Marathon Fusion, has secured $5.9 million in seed funding to revolutionize fusion fuel processing. This round, led by 1517 Fund and Anglo American, with participation from prominent names like Übermorgen Ventures and Malcolm Handley, propels Marathon Fusion further along its mission of making fusion energy…
In a significant stride towards enhancing disaster claims processing, Austrian startup DeepOpinion has successfully raised €11 million in a Series A funding round. Specializing in enterprise-level process automation, DeepOpinion harnesses advanced AI technology to tackle the complexities of knowledge-intensive tasks within business operations. Recent natural disasters, particularly floods in Austria, have illuminated the urgent challenges…
In a monumental stride towards advancing global pharmaceutical logistics, SkyCell, the pioneering Swiss pharmatech firm, has announced securing $116 million in Series D funding. This landmark investment is poised to propel SkyCell’s expansion across the United States and Asia, solidifying its footprint in critical healthcare supply chains worldwide. At the heart of SkyCell’s innovation lies…
In a significant stride towards revolutionizing treatments for one of the most challenging pediatric brain tumors, TippingPoint Biosciences has announced the successful closure of pre-seed investments. This funding round has garnered support from renowned organizations, including the Pediatric Brain Tumor Foundation, the Sontag Foundation, the Yuvaan Tiwari Foundation, and BrightEdge, the venture capital arm of…
Upword, a pioneering force in knowledge management solutions, has unveiled its cutting-edge AI-powered research companion tool, marking a pivotal moment in the evolution of scholarly pursuits. Alongside this milestone, the company has successfully concluded a $3 million pre-seed funding round, underscoring confidence from investors including Telefonica (Wayra X), Go Ahead Ventures, and Goodwater Capital. Upword’s…
S&P Global has announced the appointment of Martina L. Cheung as President and Chief Executive Officer, effective November 1, 2024. Ms. Cheung, currently serving as President of S&P Global Ratings, will succeed Douglas L. Peterson, who will retire after a distinguished tenure. Martina L. Cheung brings a wealth of experience and leadership to her new…
In a pivotal moment for the prediction market industry, Kalshi, the US-based event trading platform, has secured $300 million in its latest funding round, catapulting the company’s valuation to a remarkable $5 billion. This milestone was confirmed by Kalshi’s CEO, Tarek Mansour, in a detailed LinkedIn post, bringing the fintech startup closer to its ambitious…
Apriori Bio, a pioneering biotechnology firm, has secured a significant funding injection of US $1.1 million from CEPI (Coalition for Epidemic Preparedness Innovations) to propel its cutting-edge artificial intelligence platform, Octavia™. Designed to safeguard against rapidly-evolving viral threats, Octavia™ employs advanced machine learning to predict and counteract virus mutations, crucial for developing variant-resilient vaccines. Octavia™…
Mobile gaming startup Grand Games has announced a successful $3 million pre-seed funding round led by Earlybird Digital East Fund, with notable participation from Laton Ventures. This substantial investment comes just four months after the company’s founding and marks a significant milestone in its mission to transform the mobile gaming landscape. Founded by Bekir Batuhan,…
Vertus Energy, a pioneering industrial biotech firm specializing in Waste-to-X solutions, has successfully raised €8.75 million in a Seed funding round to advance its innovative approach to managing bacteria behavior in biogas production. This funding marks a significant milestone for Vertus Energy as it strives to redefine waste treatment by converting it into valuable resources…
