OCN, a leading fintech firm dedicated to enhancing financial access for gig workers, has successfully raised $86 million in its latest funding round. This substantial investment underscores OCN’s commitment to bolstering its technological capabilities and expanding its footprint in the burgeoning gig economy market across Latin America and the United States. Founded with a mission…
3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…
Coldcart, a pioneering force in the realm of frozen and refrigerated parcel logistics, has successfully closed an oversubscribed seed financing round, raising $6.5 million. This funding, led by Collide Capital and supported by notable investors including Material and Great North Ventures, marks a significant milestone for the company as it accelerates its mission to streamline…
SamanTree Medical, a trailblazer in medical technology focusing on enhancing surgical outcomes, has successfully closed a $14 million Series B funding round. The capital infusion, spearheaded by Relyens Innovation Santé and advised by Turenne Capital, marks a pivotal moment for the company as it accelerates its mission to advance the field of surgical imaging. The…
eLstar Dynamics, a frontrunner in the development of dynamic glass solutions, has announced securing a significant investment of two million euros from the Dutch family office, Panthea. This latest round of funding marks a pivotal step towards accelerating the commercialization of eLstar’s adaptive glass technology, aimed at meeting the escalating demand for sustainable and energy-efficient…
Vectara, a leading provider of Generative AI solutions, has successfully closed a $25 million Series A funding round led by FPV Ventures and Race Capital. This funding round, combined with last year’s seed funding, brings Vectara’s total funding to $53.5 million. The investment will fuel Vectara’s mission to enhance the reliability and efficacy of Retrieval…
Heimdall Power, a pioneering technology firm specializing in power grid optimization, has secured $25 million in its Series B funding round. This milestone investment, co-led by international energy giant Orlen and Nordic cleantech fund NRP Zero, alongside the Steinsvik Family Office, underscores Heimdall Power’s pivotal role in enhancing transmission capacity across aging power infrastructures worldwide….
DataCore Software, a trailblazer in data infrastructure and management, has marked a significant stride by raising US$60 million in a financing round spearheaded by Vistara Growth. This financing underscores DataCore’s pivotal role in reshaping data ecosystems with AI-driven advancements spanning core, edge, and cloud deployments. The infusion of capital from Vistara Growth, renowned for its…
Predicta Biosciences, a pioneering precision oncology company, has announced a significant milestone with the successful closure of an oversubscribed $5.2 million seed funding round. Led by The Engine Ventures, this round saw participation from notable investors including Illumina Ventures, Time Boost Capital, the American Cancer Society Bright Edge, and the Oetgen family. The funds raised…
Cardurion Pharmaceuticals, a pioneering biotechnology firm specializing in innovative therapies for cardiovascular diseases, has announced the successful completion of a $260 million Series B financing round. Led by Ascenta Capital and supported by a consortium of esteemed investors including NEA, GV, and Fidelity Management & Research Company, this substantial funding underscores Cardurion’s commitment to advancing…
