November 24, 2024
Headlines

TECHNOLOGY

Smartville Inc. Secures $10M Grant from DOE OCED to Propel Long-Duration Energy Storage Innovations

Editor04 mins

Smartville Inc., a pioneering force in EV battery circularity based in Carlsbad, California, proudly announces its partnership with the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) for a transformative $10 million grant under the Long-Duration Energy Storage (LDES) Demonstrations Program’s Second-Life Smart Systems (SMART) project. This substantial funding marks a pivotal step…

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Adaptive Raises $19M in Series A Funding to Revolutionize Construction Finance with AI and Automation

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Adaptive, a pioneering financial automation platform dedicated to transforming financial management in the $2 trillion construction industry, announced the successful closure of a $19 million Series A funding round on Monday. This significant investment, led by Emergence Capital and joined by Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram, propels Adaptive towards scaling…

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

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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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Bio-Logical Secures $1.3M to Expand Biochar Operations, Boost Climate Resilience for Kenyan Farmers

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Bio-Logical, a pioneering climate tech firm specializing in biochar carbon removal, has successfully raised $1.3 million in funding to amplify its efforts in combating climate change and enhancing the resilience of Kenyan smallholder farmers. This investment marks a significant milestone for the company as it gears up to expand its Mt. Kenya biochar facility, aiming…

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Revolv Empowers California Corporations with Significant EV Infrastructure Grant from CALSTART’s EnergIIZE Program

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Revolv, a prominent provider in electric commercial fleets, has announced securing a significant funding milestone through CALSTART’s EnergIIZE program. The initiative aims to accelerate the transition of California corporations from combustion to electric fleets by covering 70% of the total charging infrastructure costs. This latest grant underscores Revolv’s pivotal role in facilitating access to critical…

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Varicent Secures Strategic Investment to Propel Sales Performance Management Innovation

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Varicent, a leading provider of sales performance management (SPM) software, has announced a significant strategic investment aimed at accelerating its innovation in the SPM sector. The funding round, led by Warburg Pincus with participation from Great Hill Partners and Spectrum Equity, underscores Varicent’s pivotal role in transforming how businesses optimize their sales operations. Founded on…

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Doctor.One Secures €1M Funding to Enhance Virtual Clinic Solution

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Doctor.One, a Warsaw-based healthtech startup specializing in virtual clinic solutions, has successfully raised €1 million in a recent funding round led by Smartlink Partners, a prominent venture capital firm based in Poland. The investment also saw participation from Ukrainian investment group Vesna Capital. This new capital injection will be pivotal in advancing Doctor.One’s platform development,…

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Cubbit Secures $12.5M Funding to Expand Geo-Distributed Cloud Storage Solution

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Cubbit, an innovative force in geo-distributed cloud storage solutions, has successfully raised $12.5 million in its latest funding round, co-led by prominent investors LocalGlobe and ETF Partners. This funding marks a significant milestone for the Italian company as it advances its mission to redefine data management across global industries. In a data-driven era where the…

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One Data Secures €32M Series B Extension to Propel AI-Powered Data Management Solutions

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German data management innovator, One Data, has achieved a significant milestone with a €32 million Series B extension round, co-led by prominent European deep tech and software investors Vsquared Ventures, Molten Ventures, and HV Capital. Founded in 2012, One Data specializes in AI-powered data product builders, revolutionizing how businesses create, manage, and distribute data products…

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doinstruct Raises €7.6M to Revolutionize Digital Training for Frontline Workers

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doinstruct, a pioneering platform dedicated to digital skills training for frontline workers, has announced a significant funding milestone with €7.6 million raised from Creandum to accelerate its growth strategy. With 80% of the global workforce comprising frontline workers in critical sectors such as food processing, logistics, hospitality, retail, and manufacturing, doinstruct aims to fill a…

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