gaiia Secures $13.2M Series A Led by Inovia Capital to Transform ISP Customer Experiences

gaiia, the innovative operating system tailored for Internet Service Providers (ISPs), has announced a successful Series A funding round, raising US$13.2 million. The investment was led by Inovia Capital, with participation from GTMfund, General Advance, Simon De Baene, Manon Brouillette (ex-CEO of Videotron and Verizon Consumer Group), and existing investor YCombinator. This funding infusion will…

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Orby AI Secures $30 Million Series A Funding to Revolutionize Enterprise Automation

Orby AI (Orby), a trailblazer in generative AI solutions for enterprise automation, has announced the successful closure of its series A funding round, raising $30 million from prominent investors. Led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with participation from Pear VC, this funding marks a pivotal moment for Orby. The capital infusion…

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illumex Secures $13M Seed Funding to Pioneer Trustworthy Enterprise GenAI with Structured Data

illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….

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Pear Commerce Raises $10M to Revolutionize Shoppable Media and Retail Ecommerce Strategies

Pear Commerce, a trailblazer in retail ecommerce enablement, has announced the successful closure of a $10 million Series A funding round led by Stage 2 Capital. This investment underscores Pear’s rapid growth and pivotal role in enhancing shoppable experiences for leading consumer packaged goods (CPG) brands. Additional participation from investors such as Heartland Ventures and…

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KarmaCheck Secures $45 Million Series B Funding to Revolutionize Background Checks and Credentialing

KarmaCheck, a pioneer in technology-driven background checks and credentialing solutions, has announced a successful $45 million Series B funding round aimed at accelerating innovation and expanding its market presence. Led by Parameter Ventures and joined by PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures, this oversubscribed investment underscores KarmaCheck’s rapid growth and the…

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Rock Tech Secures Up to 100 Million Euros in Grants for Revolutionary Lithium Refinery in Germany

Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) has announced a significant milestone in its mission to advance sustainable lithium production with the receipt of up to 100 million Euros in grants for its Lithium Converter project in Guben, Germany. The funding, to be provided by the State of Brandenburg and…

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Authentica Solutions Secures $6.2 Million Led by Owl Ventures to Advance Education Intelligence Management

Authentica Solutions, a trailblazer in data integration and intelligence management for the education sector, has announced the successful completion of a $6.2 million Series Seed funding round led by Owl Ventures, the world’s largest venture capital firm focused on EdTech. This funding underscores Authentica Solutions’ commitment to revolutionizing data interoperability and intelligence provisioning across educational…

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Purple Ventures Launches €40M Fund to Propel Early-Stage Software Startups

Czech venture capital firm Purple Ventures has unveiled a robust €40 million fund dedicated to nurturing early-stage software startups, marking a significant commitment to fostering innovation across diverse technological sectors. Founded by David Kašper, Jakub Nytra, and Filip Řehoř of the Purple group, the fund aims to catalyze the growth of promising ventures poised to…

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Stability AI Appoints Prem Akkaraju as CEO and Secures Major Investment from Prominent Investors

Stability AI, a pioneering force in generative AI technology, has announced a transformative leadership change and significant investment round. The company, known for its breakthroughs in imaging, language, code, and audio AI, has appointed Prem Akkaraju as its new Chief Executive Officer effective immediately. Concurrently, Stability AI has closed a substantial round of investment from…

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Oldcastle BuildingEnvelope Appoints Mark Adamson as CEO to Spearhead Growth Strategy

Oldcastle BuildingEnvelope, Inc. (“OBE”), a premier manufacturer, fabricator, and distributor of architectural hardware solutions and glazing systems across North America, proudly announces the appointment of Mark Adamson as its new Chief Executive Officer, effective July 1, 2024. Mark Adamson brings over 35 years of exemplary leadership in the global building products sector to OBE. His…

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