December 19, 2024
Headlines

Business

Involve Secures €2.5M Seed Investment for Revolutionary Stratospheric Balloon Technology

Editor05 mins

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….

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Bilt Rewards Secures $150 Million Boost Led by Ontario Teachers’ Pension Plan to Transform Neighborhood Loyalty Programs

Editor03 mins

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…

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Avoli Celebrates First Year with Major Milestones: New Athletes, Retail Partnership, and $2.1M Funding Round

Editor04 mins

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…

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Car Capital Technologies Expands Financing Capabilities and Leadership Team Amidst Growth

Editor04 mins

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…

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TruckSmarter Secures $50 Million Debt Financing to Enhance Support for Trucking Industry

Editor04 mins

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…

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Leeward Renewable Energy Secures $1.25 Billion to Accelerate Renewable Energy Projects

Editor04 mins

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…

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Char.gy Raises €118.2M to Expand UK EV Charging Network

Editor03 mins

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,…

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Longeveron Secures $4.4 Million in Funding to Advance Regenerative Medicine Therapies

Editor03 mins

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….

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Polarean Secures $12.6 Million in Funding to Propel XENOVIEW™ Commercialization and Innovate Pulmonary Imaging

Editor04 mins

Polarean Imaging , a pioneering leader in advanced Magnetic Resonance Imaging (MRI) for pulmonary applications, has successfully concluded a significant $12.6 million financing round through the Alternative Investment Market (AIM) of the London Stock Exchange. The oversubscribed fundraise, co-led by strategic investors NUKEM Isotopes GmbH and Bracco S.p.A., alongside a consortium of new and existing…

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