Good news for the pharmaceutical industry! Modicus Prime, a Texas-based innovator, has secured $3.5 million in Series A funding to revolutionize drug manufacturing with their AI-powered quality control solution, mpVision. This investment, led by Silverton Partners, empowers Modicus Prime to tackle a persistent challenge – ensuring consistent quality and eliminating costly errors during production. Traditionally,…
Alvys, a next-generation logistics platform aiming to revolutionize supply chain management, has secured $20.5 million in a Series A funding round. This investment, led by Titanium Ventures with participation from Picus Capital and existing investors RTP and Bonfire, fuels Alvys’ mission to become the go-to platform for logistics and supply chain operations. The funding windfall…
Velentium, a Houston-based engineering leader in medical device design and manufacturing, has secured a significant $15 million investment from Trinity Capital Inc. This strategic partnership fuels Velentium’s mission to deliver innovative and life-saving medical technologies. Velentium’s expertise spans across the entire medical device lifecycle, from concept to production. Their team offers a unique blend of…
Neuspera Medical, a company pioneering a discreet and minimally invasive treatment for overactive bladder (OAB), has secured $23 million in Series D financing. This significant investment round, led by Vertex Ventures HC and Treo Ventures, will propel Neuspera’s Neuspera System through U.S. Food and Drug Administration (FDA) premarket approval (PMA) and towards commercialization. OAB, a…
Nanopass Technologies, a pioneer in intradermal delivery solutions, has secured a significant $4 million investment from lead investor Awz Ventures, as part of a $6 million funding round. This marks a major milestone for NanoPass, solidifying their position as a frontrunner in the development of safe, precise, and efficient drug delivery methods. The investment fuels…
Smartville Inc., a pioneering force in EV battery circularity based in Carlsbad, California, proudly announces its partnership with the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) for a transformative $10 million grant under the Long-Duration Energy Storage (LDES) Demonstrations Program’s Second-Life Smart Systems (SMART) project. This substantial funding marks a pivotal step…
Adaptive, a pioneering financial automation platform dedicated to transforming financial management in the $2 trillion construction industry, announced the successful closure of a $19 million Series A funding round on Monday. This significant investment, led by Emergence Capital and joined by Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram, propels Adaptive towards scaling…
TruckSmarter, the innovative digital platform dedicated to optimizing operations for trucking professionals, announced today the successful closing of a $50 million debt facility, led by CoVenture. This funding is set to bolster TruckSmarter’s comprehensive suite of financial services, aimed at empowering truck drivers and owner-operators to streamline operations and expand their businesses. TruckSmarter stands out…
Bio-Logical, a pioneering climate tech firm specializing in biochar carbon removal, has successfully raised $1.3 million in funding to amplify its efforts in combating climate change and enhancing the resilience of Kenyan smallholder farmers. This investment marks a significant milestone for the company as it gears up to expand its Mt. Kenya biochar facility, aiming…
Revolv, a prominent provider in electric commercial fleets, has announced securing a significant funding milestone through CALSTART’s EnergIIZE program. The initiative aims to accelerate the transition of California corporations from combustion to electric fleets by covering 70% of the total charging infrastructure costs. This latest grant underscores Revolv’s pivotal role in facilitating access to critical…
