Reality Defender, a frontrunner in the detection of deepfake and AI-generated media, has announced the successful expansion of its Series A funding round, raising a total of $33 million. The round, led by Illuminate Financial, saw participation from prominent investors including Booz Allen Ventures, IBM Ventures, the Jefferies Family Office, and Accenture, alongside previous backers…
In a significant boost for cancer therapy innovation, AvenCell Therapeutics, Inc. has announced the successful closure of a $112 million Series B funding round. The financing, spearheaded by Novo Holdings, attracted new investors including F-Prime Capital, Eight Roads Ventures Japan, Piper Heartland Healthcare Capital, and NYBC Ventures, alongside existing backer Blackstone Life Sciences. This funding…
In a significant advancement for event safety, Where You At (WYA), a female-founded indoor mapping platform, has secured £2.5 million in Pre-Seed funding. This innovative app utilizes a patented mesh technology to facilitate real-time location sharing and communication, addressing the crucial issue of connectivity during crowded events. Founded by Tamzin Lent, WYA emerged from a…
In a groundbreaking development for the tech industry, Oriole Networks, a pioneering startup harnessing the power of photonics to address the pressing energy consumption issues of AI data centers, has successfully raised an impressive $22 million in funding. This latest round, led by Plural, sees reinvestment from notable investors including the UCL Technology Fund, XTX…
In a remarkable demonstration of confidence from investors, UK-based luxury retail platform Cult Mia has successfully raised an additional $2 million, bringing its total seed funding to $5 million. This latest round builds upon an initial $3 million raise completed in November 2023, led by Fuel Ventures with notable participation from Morgan Stanley and David…
In a significant boost for sustainable innovation, Belgian biotech startup AmphiStar has been awarded a €2 million grant from SPRIN-D, Germany’s Federal Agency for Disruptive Innovation. This funding marks a remarkable milestone for the company, bringing its total financing for 2023 to €10 million. The grant is aimed at advancing AmphiStar’s groundbreaking biotechnology platform, which…
Best Day Brewing, recognized as the fastest-growing non-alcoholic craft beer brand in the United States, has successfully raised a total of $22.5 million in funding this year. This impressive backing from both new and existing investors highlights the burgeoning confidence in the non-alcoholic beverage sector, positioning Best Day Brewing firmly as the leading contender in…
In a significant boost to its growth trajectory, LeasePoint Funding Group has announced the successful acquisition of $40 million in incremental funding from Altriarch Asset Management. The capital raise, facilitated by Westlake Securities, positions LeasePoint to further its expansion in the competitive equipment financing sector, meeting the burgeoning demand for innovative financial solutions from device…
In a bold move set to reshape the landscape of family office management, MyFO has announced the successful closing of its oversubscribed $3.5 million Seed funding round, led by Rhino Ventures. This innovative platform, designed for family offices and the wealth management professionals servicing them, aims to streamline the complexities of financial oversight, integrating data,…
In a significant move poised to reshape the landscape of financial crime prevention across Asia, True Global Ventures (TGV) has announced a strategic investment in Tookitaki, a leading provider of anti-financial crime software. This funding, coinciding with Tookitaki’s 10-year anniversary, aims to accelerate the company’s growth and innovation in response to the escalating regulatory demands…
