Business Archives - THE TIMES MAGAZINE

Shiftmove Acquires Ocean in Push to Build Europe’s Largest Connected Fleet-Tech Platform

Fleet-technology provider Shiftmove has acquired Ocean, the fleet management division of Orange Business, expanding its presence across Europe as demand accelerates for digital, AI-driven vehicle operations. The deal positions Shiftmove as one of Europe’s most prominent fleet-technology players, now serving 27,000 corporate clients and managing 730,000 vehicles across the continent. The company, which employs more…

247Solar Raises $25M Series B to Power a Round-the-Clock Industrial Energy Revolution

Editor2 weeks ago04 mins

247Solar, the MIT-born clean energy innovator, announced a $25 million Series B funding round aimed at scaling its always-on industrial heat and electricity solutions for commercial and industrial (C&I) customers worldwide. Existing investors have already committed $3.5 million, with additional capital under active due diligence. Founded on a vision to decarbonize the hardest-to-abate industrial energy,…

Xposure Music Secures $42.5M to Empower Independent Artists and Scale Catalog Investments

Editor2 weeks ago05 mins

In an era where independent musicians often face capital constraints, Xposure Music has raised $42.5 million USD in debt and equity financing, bringing the company’s total funding past $50 million USD. The round includes debt financing from Andalusian Credit Partners and equity participation from select family offices and private investors, positioning the Montreal-based startup to…

The $15M Raise Defining a New Category: How Raindrop Is Building the Safety Layer AI Agents Can’t Operate Without

Editor2 weeks ago06 mins

In a landscape where AI agents are becoming autonomous operators rather than passive tools, Raindrop has secured $15 million in seed financing, a raise that signals one thing clearly: observability for AI agents is no longer optional—it is a new infrastructure layer. The round was led by Lightspeed Venture Partners, with participation from several frontier…

$48 Million to Shield Homes from Fire: Frontline Wildfire Defense Scales Smart Sprinkler Technology Amid Growing Infernos

Editor2 months ago2 months ago05 mins

As wildfires ravage more of the U.S. each year, one startup is betting that prevention, not just recovery, can save lives and homes. Frontline Wildfire Defense, a Jackson Hole–based wildfire protection company, has closed a $48 million Series A round led by Norwest, combining primary and secondary capital to expand its smart wildfire defense systems across…

The Students Who Nearly Missed Out—GradBridge’s $20M Raise Could Change That

Editor2 months ago2 months ago05 mins

In a student loan market saturated with first-pass credit decisions and rigid underwriting, one fintech startup is betting on those who fall through the cracks. GradBridge, a Delaware-based student lending company, has raised $20 million in Series A funding to support the launch of its unique “second-look” private student loan product—aimed squarely at students who’ve…

Stand Raises $35 Million to Reinvent Insurance for America’s Most Vulnerable Homes, Expands into Florida

Editor2 months ago05 mins

The insurance industry faces an unprecedented reckoning as climate change drives up the frequency and severity of natural disasters. Stand, a San Francisco-based startup, is taking a data-driven, mitigation-first approach to insuring homes exposed to catastrophic risks like wildfire, flood, and wind. Having underwritten over $1 billion in insured value in wildfire-prone California within a…

With China in the Rearview, St George Mining Fast-Tracks Brazil’s Araxá as Rare Earths Wildcard”

Editor2 months ago08 mins

As geopolitical tensions reshape the global minerals landscape, St George Mining is making a decisive play. The Australia-listed explorer has secured a hefty A$72.5 million in fresh funding to fast-track development of its Araxá rare earths and niobium project in Brazil—at a moment when the West is scrambling to loosen China’s grip on critical mineral…

Carrie Strom Joins Hugel as Global CEO to Build a Korean Aesthetics Giant for the World

Editor2 months ago07 mins

In a decisive move to globalize its leadership and ambitions, South Korean aesthetics major Hugel Inc. has appointed Carrie Strom, a seasoned US pharmaceutical executive, as its President and Global Chief Executive Officer, effective immediately. This marks the creation of a newly formed global CEO position at Hugel—one that signals a shift from domestic dominance…

Eolian Secures $463M to Power Texas’ Future with Largest Battery Storage Project, Redefining Grid Resilience

Editor2 months ago06 mins

When energy meets urgency, capital starts moving fast. Today, Eolian, L.P. disclosed a $463 million financing package—structured by Natixis Corporate & Investment Banking—to advance the last two phases of its ambitious Padua battery energy storage complex in Texas. The timing and size hint at how central large‑scale storage is becoming to grid reliability in a…

PolyAI Secures $86M Series D to Redefine Enterprise Customer Engagement

Octane Secures $100M Series F to Accelerate Market Expansion and Technology Leadership

Plata Secures Up to US$500 Million from Nomura, Setting Record for Mexican Fintech Funding

Anyon Systems Secures $23M CAD to Accelerate Fault-Tolerant Quantum Computing in Canada

Axion Secures $37M Series B to Drive AI-Enhanced Manufacturing Quality

Soverli Raises $2.6 Million Pre-Seed to Redefine Smartphone Security and Digital Sovereignty

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