Protect AI, a premier provider of security solutions for artificial intelligence (AI) and machine learning (ML) systems, has successfully raised $60 million in its Series B funding round. Evolution Equity Partners spearheaded this financing, with additional backing from 01 Advisors, StepStone Group, Samsung, and continued support from existing investors including Acrew Capital, boldstart ventures, Knollwood…
Jade Biosciences, a biotechnology innovator focused on autoimmune diseases, has announced the successful closing of an $80 million financing round. Led by Fairmount and Venrock Healthcare Capital Partners, with additional contributions from Deep Track Capital, Driehaus Capital Management, Franklin Templeton, RTW Investments, and Braidwell LP, this investment will drive the development of Jade’s cutting-edge therapies…
illumex.ai, the leading platform for structured enterprise data, proudly announces its integration into the Microsoft Copilot for Security Partner Ecosystem. This prestigious inclusion highlights illumex’s expertise with Microsoft Security technologies and its collaborative approach to enhancing security solutions. As a new partner, illumex will contribute its Generative Semantic Fabric to bolster Microsoft Copilot for Security….
Athena Security, a pioneer in concealed weapons detection systems, has successfully completed a $10 million seed funding round. This substantial investment was spearheaded by the company’s founders, Lisa Falzone and Chris Ciabarra, reflecting their strong belief in the company’s innovative technology and the increasing demand for sophisticated security solutions. Chris Ciabarra, CTO and co-founder of…
When, an innovative player in the realm of employee offboarding, has announced the successful closure of a $4.6 million Seed funding round. Led by B Capital, this round also saw participation from TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, and Enfield Capital Partners. This latest influx of capital, alongside the company’s initial $2.4 million…
Credo AI, a frontrunner in AI governance solutions, has successfully closed a $21 million Series B funding round, bringing its total funding to $41.3 million. This round saw significant contributions from CrimsoNox Capital, Mozilla Ventures, and FPV Ventures, alongside continued support from Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund. The new capital…
LTZ Therapeutics, an emerging leader in immunotherapy, has successfully completed a $20 million Series A financing round. This round, spearheaded by new investor Lapam Capital and including significant contributions from GL Ventures, K2 Venture Partners, and Shunwei Capital, brings LTZ’s total funding to approximately $50 million since its inception in 2022. The new capital will…
Raad Labs, a trailblazer in blockchain-driven climate technology, has announced a successful $2.25 million Seed funding round led by CoinFund, with participation from Tribe, EV3, and Protagonist. The company, incubated at Montauk Climate, aims to revolutionize climate data collection through its innovative Decentralized Physical Infrastructure Networks (DePIN) model. Raad Labs will leverage these funds to…
Clutch Security has officially launched with the introduction of its innovative Universal Non-Human Identity (NHI) Security Platform and the successful closure of an $8.5 million Seed funding round. The funding, led by Lightspeed Venture Partners, with contributions from Merlin Ventures and notable angel investors, positions Clutch to significantly advance its mission of revolutionizing NHI security…
Gradient AI, a premier enterprise software provider specializing in artificial intelligence for the insurance sector, has successfully closed a Series C funding round, securing $56.1 million. This substantial investment, spearheaded by Centana Growth Partners and supported by existing investors MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures, is poised to significantly bolster the company’s capabilities…
