In a decisive move to stake its ground in defense technology, Trusk Technology has secured €350,000 in funding from the North Holland Innovation Fund. The goal: to refine and deploy software for autonomous interceptor drones capable of detecting and neutralizing hostile aerial threats. Founded in 2024 by Caspar Lusink and Tom Rijntjes, the startup is…
In a landmark development for the quantum computing industry, Quantum Source has successfully closed a $50 million Series A funding round. The investment, spearheaded by Eclipse, was also supported by prominent investors including Standard Investments, Level VC, Canon Equity, as well as existing backers Pitango First, Grove Ventures, 10D, and Dell Technologies Capital. This latest…
Aerwave, a leading managed WiFi platform transforming connectivity within the multifamily sector, has announced the successful completion of a $20 million Series B funding round. The investment, spearheaded by Moderne Ventures and supported by a prominent S&P 500 REIT, along with Dominicus Wireless, will propel Aerwave’s product innovation and expansion efforts. “This funding will enable…
Global connected vehicle solutions provider WirelessCar has appointed Satoru Abe as its new Country Manager for Japan, signaling the company’s deepened focus on expanding its footprint in one of the world’s most influential automotive markets. This appointment marks a pivotal phase for WirelessCar following the establishment of its Japan office in late 2024. Abe, a…
Bybit Web3, the Web3 division of Bybit, a leading global crypto exchange renowned for its innovation and user-centric approach, announces a groundbreaking upgrade with the launch of IDO 2.0. This new system promises to redefine decentralized fundraising, emphasizing user protection and engagement through innovative gamified rewards. Since its inception in January 2023, Bybit Web3 IDO…
In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…
In a bold stride toward reimagining pet healthcare, Cambridge, Massachusetts-based startup Tandem has clinched $10 million in pre-seed funding, announced today, to elevate veterinary services into a seamless, technology-driven experience. This visionary company, already making waves with its mobile clinics and telemedicine offerings, is set to unveil a 5,000-square-foot, AI-powered health hub this summer—an emblem…
Mosaic Diagnostics, renowned for its innovative approach in personalized, data-driven healthcare diagnostics, proudly announces the appointment of Rob Rebak as its new Chief Executive Officer. With a distinguished career spanning more than three decades in the healthcare industry, Rebak brings a wealth of experience and a proven track record in driving growth, value, and innovation….
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…
Kandji, the pioneering platform for Apple endpoint management and security, has announced a significant milestone with the closing of an $100 million funding round led by General Catalyst. This financing includes $50 million for equity in Series D and an equal amount dedicated to bolstering go-to-market strategies. The infusion propels Kandji’s valuation to $850 million,…
