ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…
Slope, the innovative B2B payments platform leveraging AI for seamless transaction management, announced today the successful closure of a $65 million strategic financing round led by J.P. Morgan, alongside participation from prominent investors including Y Combinator, Jack Altman, and Max Altman’s Saga fund. This funding, comprising both equity and debt components, brings Slope’s total funding…
CytoReason, a trailblazer in computational disease models for biopharma R&D, has secured $80 million in a funding round led by OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific. This substantial investment marks a pivotal moment for CytoReason as it accelerates its mission to revolutionize pharmaceutical decision-making through advanced AI technology. The new funding will propel CytoReason’s…
Novocuff, Inc., a trailblazing medical device company specializing in improving pregnancy outcomes and combating preterm births, has successfully concluded an oversubscribed $26 million Series A funding round. The financing, initially kicked off with a $2 million seed round, was led by AXA IM Alts through its Global Healthcare Private Equity Strategy, with substantial contributions from…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
Making Space, a pioneering B2B SaaS platform dedicated to enhancing talent acquisition and learning opportunities for disabled individuals, has successfully closed an oversubscribed $2 million pre-seed funding round. Led by Beta Boom and joined by prominent investors including JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars, and others, this funding will…
Amity Solutions (ASOL), a leading software and AI firm based in Thailand, along with its parent company Amity Corporation, has successfully closed a Series C financing round raising US$60 million. This significant funding is earmarked to propel the transformation of enterprise software products through Generative AI (GenAI), aimed at enhancing value and utility across various…
Pindrop, a pioneer in voice authentication and security solutions, has secured $100 million in debt financing from Hercules Capital, Inc. This substantial investment marks a pivotal moment for the company as it ramps up efforts to combat escalating cyber threats, particularly in voice and AI technologies. Founded on a mission to revolutionize voice security, Pindrop…
Escala, the cutting-edge CRM platform designed to enhance client acquisition and retention for Hispanic small and medium-sized businesses (SMBs), has announced the successful completion of a $12 million investment round. Co-led by venture capital firms IGNIA and Alaya Capital, with additional support from High Alpha and other investors, this funding marks a significant milestone for…
Nearfield Instruments, a leading developer of cutting-edge Metrology & Inspection (M&I) solutions for the semiconductor manufacturing industry, has successfully concluded a landmark Series-C funding round, securing €135 million. The oversubscribed round is spearheaded by prominent new investors Walden Catalyst and Temasek, alongside participation from M&G Investments and existing backers Innovation Industries, Invest-NL, and ING. The…
