In a significant boost for the Life Sciences industry, Qualifyze has announced a landmark $54 million Series B funding round. This investment, led by global software investment firm Insight Partners, alongside existing backers HV Capital, HarbourVest Partners, H14, and Cherry Ventures, is set to propel Qualifyze into a new phase of growth and innovation. With…
Italian startup Involve, a pioneering force in stratospheric balloon technology, has successfully closed a €2.5 million Seed funding round. This significant investment follows the company’s impressive track record of 30 commercial launches and rigorous testing of its innovative technology. Involve specializes in advanced stratospheric pseudo-satellite platforms, combined with cutting-edge software to deliver real-time, high-resolution data….
In a remarkable development, Bilt Rewards, the leading loyalty program for home and neighborhood transactions, has secured an additional $150 million in funding. This latest round, led by Ontario Teachers’ Pension Plan Growth (TVG) and supported by new contributors including the Vanderbilt Endowment and the University of Illinois Foundation, augments Bilt’s total funding to $50…
Avoli, the pioneering athletic brand dedicated to the performance needs of women and girl volleyball players, has marked its first anniversary with a series of significant achievements. The company announced the successful closure of its seed funding round, surpassing its initial target with $2.1 million raised. This funding round saw contributions from prominent figures in…
Car Capital Technologies, Inc. (“Car Capital”), a leading provider of financing solutions for independent and franchise automotive dealerships, has announced significant advancements in its growth strategy. The company has secured a $70 million committed warehouse facility and reinforced its equity capital, marking pivotal steps towards enhancing its market presence in automotive financing. The senior/subordinate warehouse…
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…
Leeward Renewable Energy (LRE), a prominent player in the renewable energy sector, has finalized a substantial $1.25 billion construction warehouse facility to bolster its capacity for constructing renewable energy projects. This move underscores LRE’s commitment to expanding its operational portfolio and advancing its position in the clean energy market. The Construction Warehouse, a revolving credit…
Gear up for a revolution in experiential entertainment! F1 Arcade, the ingenious Chicago-based brand bringing Formula 1® to life, has secured a monumental $130 million in growth funding. This impressive round, led by heavyweights like Cheyne Capital, Liberty Media Corporation, Permira Credit, and OakNorth, signifies a resounding vote of confidence in F1 Arcade’s potential to…
Char.gy, a leader in UK electric vehicle (EV) infrastructure, secures €118.2 million investment to accelerate nationwide expansion of its on-street charging network. The funding, from the Charging Infrastructure Investment Fund (CIIF) managed by Zouk Capital, aims to meet the growing demand for accessible EV charging solutions, particularly for households without off-street parking. Founded in 2016,…
Longeveron Inc, a leading biotechnology company specializing in regenerative medicine, has successfully raised $4.4 million through a warrant exercise transaction aimed at accelerating its innovative cellular therapies. This funding initiative, overseen by H.C. Wainwright & Co. as the exclusive placement agent, marks a pivotal step in Longeveron’s mission to combat rare and chronic aging-related conditions….
