Saudi Arabia is rewriting the rules of cultural economics. At the recent Cultural Investment Conference in Riyadh, held at the King Fahad Cultural Centre, the Kingdom unveiled a bold vision: transform culture into a viable economic pillar, not just a national identity marker. At the centre of this effort is a newly launched deep-dive report…
In a pivotal leadership transition for Wisconsin’s largest credit union, Landmark Credit Union has announced the appointment of Timothy Mackay as its new President and Chief Executive Officer, effective October 13. Mackay succeeds long-serving CEO Jay Magulski, who will retire at the end of the year after 23 years of service, including 12 as president…
In a move set to shape the next chapter of commercial spaceflight, Phantom Space Corporation has appointed veteran aerospace engineer and co-founder Chris Thompson as its new President, while he retains his role as Chief Technology Officer (CTO). The strategic leadership shift signals Phantom’s growing momentum in developing scalable, reliable, and cost-effective solutions in launch…
In an era where cybersecurity is no longer optional, Oneleet, a pioneering security compliance platform, is poised to disrupt the market with its innovative approach to cybersecurity and compliance. The company has successfully raised $33 million in Series A funding to accelerate its mission of transforming security practices for businesses globally. Founded in 2022 by…
In a striking testament to its ascent, Texas-based NinjaOne, a trailblazer in automated IT management, has clinched $500 million in fresh financing, announced today, catapulting its valuation to an impressive $5 billion. This Series C extension, led by Iconiq Growth and CapitalG—the independent investment arm of Alphabet—builds on a $231.5 million raise just a year…
A new era of space technology dawns as Kapta Space, a Seattle-based trailblazer, emerges from stealth mode with a $5 million seed round, poised to redefine radar capabilities from orbit. Announced today, the funding—led by MetaVC Partners with support from Entrada Ventures and Blue Collective—ushers in a sophisticated leap forward in electronically-steered, radar-based imaging systems….
In a significant move to reshape connectivity in the multifamily sector, Aerwave, a pioneering managed WiFi platform, has launched its strategic capital program, AerPays, aimed at investing $50 million into network infrastructure over the next year. This innovative initiative is designed to facilitate the seamless adoption of community-wide managed WiFi services for property owners and…
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…
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…
