Stability AI, a pioneering force in generative AI technology, has announced a transformative leadership change and significant investment round. The company, known for its breakthroughs in imaging, language, code, and audio AI, has appointed Prem Akkaraju as its new Chief Executive Officer effective immediately. Concurrently, Stability AI has closed a substantial round of investment from…
OSS Ventures, a prominent industrial start-up studio based in France, has secured €8.5 million in funding to fuel its mission of revolutionizing global manufacturing practices. Leading the investment round are esteemed entities including Tikehau Capital, Bpifrance’s French Tech Accélération 2 fund, Établissements Peugeot Frères, and notable business angel Max Pog. Since its inception in late…
NeOnc Technologies Holdings, Inc., a forefront player in clinical-stage biotechnology, has successfully concluded an $18.5 million financing round aimed at advancing its innovative approach to treating brain cancer. This funding milestone includes new equity investment and debt conversions, reflecting a substantial increase in NeOnc’s valuation and reinforcing its commitment to pioneering neurological therapeutics. The financing…
Feon Energy, a pioneering startup specializing in advanced battery electrolytes, has announced the successful closure of a $6.1 million seed funding round aimed at advancing next-generation battery innovations. Led by Fine Structure Ventures and joined by prominent investors including Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund, this funding will fuel Feon’s efforts…
Viio, a pioneering force in software license management, has secured an impressive €3.3 million in funding to propel its innovative platform to new heights. This funding round, led by North Ventures and backed by prominent industry figures including Christian Kromann and Klaus Holse, marks a significant endorsement of Viio’s mission to streamline software expenditure across…
Ario, the innovative AI-powered assistant tailored for parents, has announced a significant milestone with the closing of a $16 million seed funding round. This investment, led by Floodgate and supported by Wing Venture Capital, Bain Capital Ventures, Moxxie, and notable angels, marks a pivotal moment for Ario in advancing its mission to alleviate the invisible…
Rainforest, a trailblazer in embedded payment solutions for software platforms, announced today the successful closure of an oversubscribed $20 million Series A funding round led by Matrix Partners. This funding, which also saw participation from Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners, builds on Rainforest’s previous seed round,…
iVerify, a pioneer in advanced mobile Endpoint Detection and Response (EDR) solutions, has announced the successful closure of $12 million in Series A funding, underscoring its commitment to transforming mobile security landscapes worldwide. Shine Capital led the investment round, with additional participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and…
CData Software, a leading provider of data connectivity solutions, has announced a significant milestone in its growth journey with the securing of approximately $350 million in strategic funding. The investment round was led by Warburg Pincus, a prominent global growth investor, with participation from Accel. This infusion of capital is poised to propel CData’s leadership…
DiaMedica Therapeutics Inc. (Nasdaq: DMAC), a pioneering biopharmaceutical firm renowned for its innovative approach to severe ischemic diseases, has announced a significant milestone today. The company successfully finalized agreements for a private placement offering, securing $11.8 million in gross proceeds from accredited investors. This strategic funding round underscores DiaMedica’s commitment to advancing clinical and product…
