In a strategic push to fortify its global manufacturing network, Codis has raised a new round of growth capital to expand its commercial-scale operations, particularly at its Haverhill, UK facility. The funding was led by healthcare-focused private equity firm 1315 Capital, with continued support from existing investors BroadOak Capital Partners and Research Corporation Technologies (RCT)….
In a significant leap forward for AI-driven industrial technology, UptimeAI has successfully closed a $14 million Series A funding round, spearheaded by WestBridge Capital with key contributions from Emergent Ventures and Aditya Birla Ventures. This latest infusion of capital marks a pivotal moment for UptimeAI, propelling its ambitious expansion across North America and solidifying its…
Datch, a pioneer in AI technology for industrial sectors, announced today the closing of a $15 million Series A extension round led by Third Prime. This significant investment coincides with the launch of Datch’s groundbreaking new product, Asset Insights. Datch empowers frontline workers in manufacturing, energy, and utilities with cutting-edge AI solutions. Their technology addresses…
Halo Industries, Inc., a pioneer in laser manufacturing technology for the semiconductor sector, has successfully closed its oversubscribed Series B funding round, securing up to $80 million. The round was led by Thomas Tull’s U.S. Innovative Technology Fund (USIT), alongside investments from 8VC and SAIC. This substantial funding infusion will accelerate Halo Industries’ efforts to…
In a significant stride towards sustainable industrial practices, cleantech leader GlassPoint has received a $2.5 million investment from German VC firm MIG Capital. This funding aims to bolster GlassPoint’s efforts in deploying large-scale solar steam facilities, pivotal in slashing carbon emissions across hard-to-abate sectors such as mining, chemicals, and construction materials. GlassPoint specializes in designing,…
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…
OSS Ventures, a prominent industrial start-up studio based in France, has secured €8.5 million in funding to fuel its mission of revolutionizing global manufacturing practices. Leading the investment round are esteemed entities including Tikehau Capital, Bpifrance’s French Tech Accélération 2 fund, Établissements Peugeot Frères, and notable business angel Max Pog. Since its inception in late…
