December 19, 2024
Headlines

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Monument Therapeutics Secures £1M Investment to Advance Schizophrenia Treatment Program

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Monument Therapeutics, a leader in precision neuroscience, has announced a significant £1 million equity investment from the Forster Foundation, a charitable organization. This new funding builds on previous equity and non-dilutive investments disclosed in April 2024, and will support the clinical development of MT1988, an innovative treatment targeting cognitive symptoms of schizophrenia. Cognitive impairments associated…

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Neuron7.ai Raises $44 Million in Series B Funding to Revolutionize Service Resolution with AI

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Neuron7.ai, a trailblazer in Service Resolution Intelligence, has successfully secured $44 million in Series B funding led by Smith Point Capital, founded by former Salesforce Co-CEO Keith Block. This financing round also saw participation from existing investors Nexus Venture Partners and Battery Ventures, raising the total capital raised to over $63 million. The impressive growth…

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Parakeet Health Unveils Generative AI Voice Platform with $3 Million Seed Funding to Revolutionize Patient Engagement

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In a significant stride toward enhancing patient-provider communication, Parakeet Health has launched its innovative generative AI voice platform, a move bolstered by $3 million in seed funding led by Canvas Ventures. This pioneering solution is set to transform how healthcare providers manage patient interactions, aiming to improve engagement while alleviating the burdens often faced by…

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Port Secures $35 Million in Series B Funding to Elevate Internal Developer Portals

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Port, a trailblazer in the realm of internal developer portals, has successfully raised $35 million in a Series B funding round, bringing its total funding to $58 million. The round was spearheaded by Accel, with notable participation from Bessemer Venture Partners, alongside existing investors including Team8 and TLV Partners. This substantial investment follows Port’s impressive…

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Ghost Secures $40 Million Series C Funding Led by L Catterton to Revolutionize B2B Inventory Management

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In a significant boost for the B2B marketplace, Ghost, which connects top brands with retailers, has announced the completion of a $40 million Series C funding round led by global investment firm L Catterton. This funding round also saw participation from existing investors including USV, Cathay Innovation, Equal Ventures, and Eniac. Ghost’s innovative tech-enabled marketplace…

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Alchemy Secures $31M in Seed Funding to Revolutionize Pharmacy Services for HIV Clinics

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In a groundbreaking move aimed at enhancing healthcare accessibility for underserved communities, Alchemy has successfully closed a $31 million seed financing round. The funding, led by Andreessen Horowitz (“a16z”) Bio + Health, garnered support from notable investors, including NBA legend Earvin “Magic” Johnson, Sandberg Bernthal Venture Partners, Banc of California, and existing backers such as…

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Galileo Secures $45 Million in Series B Funding to Enhance AI Evaluation for Enterprises

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In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…

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Swell VC Celebrates $11.5 Million Fund II Close, Signaling Strong Investor Confidence

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In a remarkable move for the venture capital community, Swell VC has successfully closed its second fund with commitments reaching $11.5 million. This achievement highlights the firm’s distinctive approach and the growing trust of its investors, which include seasoned founders, family offices across various sectors, and executives from Fortune 500 companies. Amid a backdrop of…

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Gladia Secures $16 Million in Series A Funding to Revolutionize Multilingual Audio Transcription

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In a significant leap forward for the AI audio transcription industry, Gladia has announced the successful completion of a $16 million Series A funding round. This infusion of capital will propel the company’s mission to evolve from a speech-to-text API provider to a comprehensive audio infrastructure leader, catering to diverse applications such as contact center…

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DataSnipper Elevates AI-Driven Audit Automation with Strategic Acquisition and New Product Launch

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In a landmark development poised to reshape the audit and finance sector, DataSnipper, the leading Dutch unicorn, has acquired UpLink, an innovative AI-driven document management platform. Simultaneously, DataSnipper has launched DocuMine, an advanced tool designed to enhance document analysis for auditors. These initiatives come in the wake of a successful $100 million Series B funding…

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