December 26, 2024
Headlines

TECHNOLOGY

Dialpad and Surfboard: A New Era of Workforce Management and Customer Engagement

Editor05 mins

In a significant strategic maneuver, Dialpad, the pioneering AI-powered communications intelligence platform, has announced its acquisition of Surfboard, a disruptive UK-based workforce management company. This development coincides with Dialpad’s remarkable achievement of reaching $300 million in annual recurring revenue (ARR), underscoring its rapid growth in the competitive tech landscape. Founded in 2021, Surfboard has established…

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OroraTech Secures €25M to Revolutionize Wildfire Management with Satellite Technology

Editor05 mins

In a significant step forward for wildfire management technology, OroraTech, a pioneering company utilizing thermal satellites and artificial intelligence, has successfully raised €25 million in a Series B funding round. This investment, spearheaded by Korys and the European Circular Bioeconomy Fund (ECBF), along with support from long-standing investor Bayern Kapital, aims to bolster OroraTech’s expansion…

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Nuclera Secures $75 Million in Series C Financing to Transform Protein Discovery

Editor05 mins

In a significant boost for biotechnology innovation, Nuclera has successfully closed a $75 million financing round, aimed at advancing its groundbreaking eProtein Discovery platform. This Series C round was led by Elevage Medical Technologies and saw participation from various prominent investors, including Patient Square Capital, British Patient Capital, Cambridge Innovation Capital, and others. This substantial…

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MEDiC Life Sciences Secures $5M in Strategic Investment from LG and Hanmi to Propel Cancer Biomarker Technology

Editor06 mins

In a significant boost to cancer research and drug development, MEDiC Life Sciences, a pioneering functional genomics startup based in Silicon Valley, has announced a strategic investment of $5 million from industry giants LG and Hanmi Pharmaceutical. This funding precedes MEDiC’s anticipated Series A funding round later this year and is aimed at accelerating the…

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Wolfspeed Secures $1.5 Billion in Funding to Propel Silicon Carbide Manufacturing in the U.S.

Editor06 mins

In a significant development for the semiconductor industry, Wolfspeed, the world’s foremost producer of silicon carbide technology, has announced a groundbreaking funding initiative that will provide up to $1.5 billion for its expansion efforts in North Carolina and New York. The U.S. Department of Commerce has proposed $750 million in direct funding under the CHIPS…

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Antiverse Secures £3.5M to Revolutionize Antibody Design and Address Complex Therapeutic Targets

Editor05 mins

Antiverse, a forward-thinking techbio company focused on antibody design for challenging therapeutic targets, has successfully raised an additional £3.5M ($4.6M) in its latest funding round. This investment elevates the total funding to £7.2M ($10.1M) and will significantly bolster Antiverse’s growth initiatives, including the expansion of its research facilities in Boston and Prague. The funding was…

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Tolerance Bio, Inc. Secures $17.2 Million Seed Financing to Revolutionize Thymus-Based Therapies for Immune Disorders

Editor05 mins

In a significant development for the biopharmaceutical landscape, Tolerance Bio, Inc. has announced the successful closure of its oversubscribed $17.2 million seed financing round. Spearheaded by Columbus Venture Partners, this funding will accelerate the company’s innovative work on thymus preservation, regeneration, and manipulation therapies aimed at treating a range of immune-mediated diseases. Founded by industry…

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Xscape Photonics Secures $44 Million in Series A Funding to Transform AI Data Centers

Editor010 mins

In a significant step towards revolutionizing the architecture of AI data centers, Xscape Photonics has announced the successful closing of a $44 million Series A funding round. This financing, led by IAG Capital Partners, attracted contributions from prominent investors including Cisco Investments, NVIDIA, Altair, Fathom Fund, Kyra Ventures, LifeX Ventures, and OUP. The total funding…

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Shift Bioscience Secures $16M to Revolutionize Age-Related Disease Treatment Through AI-Driven Gene Rejuvenation

Editor05 mins

In a significant advancement for the biotechnology sector, Shift Bioscience has successfully raised $16 million (£12.5 million) in Seed funding, spearheaded by BGF and joined by prominent existing investors including F-Prime Capital, Kindred Capital, and Jonathan Milner. This investment is poised to accelerate the development of Shift Bioscience’s innovative artificial intelligence platform aimed at identifying…

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Empatha Gains Momentum with New Funding to Transform Behavioral Health in Workers’ Compensation

Editor05 mins

In a significant step to enhance the delivery of behavioral health services within the workers’ compensation sector, Empatha, a frontrunner in behavioral care management, has announced a successful capital raise from institutional investors. This infusion of funds is poised to bolster Empatha’s capacity to serve the increasing needs of injured workers, employers, and insurers, as…

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