Groq, a frontrunner in the rapidly evolving field of AI inference technology, has successfully closed a $640 million Series D funding round, propelling its valuation to an impressive $2.8 billion. This substantial round was spearheaded by BlackRock Private Equity Partners, with significant contributions from Neuberger Berman, Type One Ventures, and strategic backers including Cisco Investments,…
Muon Space, a leading innovator in low-earth orbit (LEO) satellite constellations, has achieved a significant milestone with the successful completion of a $56.7 million Series B funding round. The round, spearheaded by Activate Capital, includes participation from Acme Capital, Costanoa Ventures, Radical Ventures, and Congruent Ventures. This infusion of capital will accelerate the development of…
Sora Fuel, an innovative startup specializing in sustainable aviation fuel (SAF), has successfully closed an oversubscribed $6 million seed funding round. The investment was led by The Engine Ventures, with additional backing from Wireframe Ventures and other prominent investors. This funding will enable Sora Fuel to expand its Boston-based team, forge commercialization partnerships, and advance…
WorkJam, a leader in digital frontline workplace solutions, has announced a successful $20 million investment led by Export Development Canada (EDC). This strategic funding is set to boost WorkJam’s expansion efforts across the EMEA region, where it has recently welcomed major clients like Marks & Spencer and Metro Digital. Steven Kramer, CEO of WorkJam, commented…
AIRNA, a cutting-edge biotech firm specializing in RNA editing therapeutics, has successfully closed an oversubscribed $60 million Series A financing round, pushing the total raised to $90 million. This investment, led by Forbion and supported by a prestigious group of investors including ARCH Venture Partners, Ono Venture Investment, Alexandria Venture Investments, and ND Capital, will…
Wallbox a trailblazer in smart electric vehicle (EV) charging and energy management solutions, has announced a significant strategic investment of $45 million. This round of funding is spearheaded by Generac Power Systems, Inc. (NYSE: GNRC), a prominent global player in energy technology, which contributes $35 million to this substantial investment. This latest infusion of capital…
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…
