Axiad IDS, Inc., a leader in identity-first security solutions, has successfully raised $25 million in its latest funding round led by Invictus Growth Partners. This new capital, which elevates Axiad’s total funding to $45 million, will accelerate the company’s growth by driving product innovation, expanding its team, enhancing sales and marketing efforts, and advancing towards…
Faye, the acclaimed travel platform known for integrating insurance, assistance, and financial solutions, has successfully raised $31 million in Series B funding. This latest round elevates Faye’s total funding to $49 million. The investment was spearheaded by Portage, with notable contributions from Lumir Ventures and continued support from existing backers F2 Venture Capital, Viola Ventures,…
Armata Pharmaceuticals, Inc. (NYSE American: ARMP), a leader in the development of cutting-edge bacteriophage therapies, has been awarded an additional $5.25 million in non-dilutive funding by the U.S. Department of Defense (DoD). This significant grant, facilitated through the Medical Technology Enterprise Consortium (MTEC) and managed by the Naval Medical Research Command (NMRC) and the Joint…
Altana, the trailblazer in Value Chain Management Systems, has successfully closed a $200 million Series C funding round. Led by Thomas Tull’s US Innovative Technology Fund (USIT), this round also saw contributions from March Capital, Generation Investment Management, Salesforce Ventures, Friends and Family Capital, and Altana’s key existing investors, including GV (Google Ventures), Activate Capital,…
Spear Bio Inc., an innovative biotechnology company specializing in ultra-sensitive protein detection, has successfully closed an oversubscribed $45 million Series A financing round. The investment was co-led by Foresite Capital and Bio-Techne Corporation, with additional support from Maverick Ventures, Yonjin Capital, and CDH Investments. Vikram Bajaj, Managing Director at Foresite Capital, will join Spear Bio’s…
ZeroTier, a pioneering company in virtual networking, has announced a successful $13.5 million Series A funding round, led by Battery Ventures. This investment also saw contributions from Bonfire Ventures, Anorak Ventures, Grand Enterprises B.V., Airbridge Equity Partners, First In Ventures, and 7percent Ventures. This fresh capital is set to bolster ZeroTier’s mission to simplify secure…
osapiens, a frontrunner in ESG (Environmental, Social, and Governance) compliance and sustainability reporting solutions, has announced the successful closure of a $120 million Series B funding round. The investment was spearheaded by Growth Equity at Goldman Sachs Alternatives, marking a significant milestone for the company. This new capital infusion is set to propel osapiens into…
Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…
AeroShield Materials, a pioneering MIT spin-out at the forefront of energy-efficient technology, proudly announced the grand opening of its state-of-the-art manufacturing facility in Waltham, Massachusetts. The company has also secured an additional $5 million in funding, supported by both existing and new investors including Massachusetts Clean Energy Center (MassCEC), MassVentures, and MassMutual Ventures. The new…
The European Investment Bank (EIB) has announced a significant €20 million venture-debt financing deal with German medtech innovator Protembis. This funding is set to propel the development of Protembis’ cutting-edge ProtEmbo Cerebral Embolic Protection system, designed to safeguard patients’ brains during catheter-based heart procedures. Protembis, known for its trailblazing approach to medical technology, will utilize…
