CesiumAstro Inc., a trailblazer in space communications technology, has secured a significant milestone in its journey with the closing of a Series B+ funding round, amassing a formidable $65 million. Led by Trousdale Ventures and bolstered by strategic investments from Development Bank of Japan Inc. and Quanta Computer, Inc., among others, this funding round marks…
Scoop Analytics, a pioneering force in revolutionizing business analytics through innovative spreadsheet-powered solutions, has announced a significant milestone with the closing of a $3.5 million seed funding round. The financing, led by Ridge Ventures with participation from Industry Ventures and Engineering Capital, marks a strategic boost for Scoop as it accelerates its mission to empower…
In a significant stride towards advancing sustainable building automation solutions, Tallinn-based startup Bisly has announced the successful closure of a €6.2 million Series A funding round. The funding round, was led by a consortium of visionary investors including Foxway founders Urvo Männama and Paul Padrik, alongside Aconterra, SmartCap Green Fund, Pinorena Capital, and notable angel…
In a significant stride towards transforming B2B distribution across Europe, Finnish startup Droppe has announced the successful closure of a €3.9 million seed funding round. Led by esteemed early-stage venture capital firm OpenOcean, the funding round saw participation from notable figures including Miki Kuusi and Marianne Vikkula of Wolt, Ilkka Paananen of Supercell, and Robert…
Forward Earth, a Berlin-based environmental software firm harnessing advanced AI technology, has successfully secured EUR 3.2 million in funding in its latest investment round. Spearheaded by prominent investors including Speedinvest, Revent, Lucid Capital, and notable figures Anna Alex and Benedikt Franke, this funding follows an initial EUR 2 million in pre-seed funding from private investors,…
In a strategic move to bolster its international presence, Global Payments has finalized the acquisition of UK-based payments firm Takepayments for a reported value exceeding $250 million. This acquisition marks Global Payments’ continued commitment to expanding its reach and capabilities in the global payments landscape. Atlanta-headquartered Global Payments, a leader in payment technology and services,…
In a significant leap forward for database innovation, SurrealDB has secured a substantial $20 million investment led by FirstMark and Georgian, with additional support from Crew Capital and Alumni Ventures. This latest funding round, building upon their initial $6 million seed investment, marks a pivotal moment for SurrealDB as it continues to disrupt the database…
Switzerland’s EthonAI has emerged as a frontrunner in the AI-driven manufacturing revolution, raising CHF 15 million ($16.5 million) in a Series A funding round led by Index Ventures, alongside General Catalyst, Earlybird, and Founderful. In a world where factories are becoming smarter through advanced technologies like sensors and robotics, EthonAI stands at the forefront, harnessing…
Wind, an innovative European venture capital firm founded by seasoned entrepreneurs Thierry Vandewalle and Xavier Gury, has unveiled a groundbreaking €130 million Article 9 fund. Surpassing initial expectations with a robust €90 million at its first closing, this fund is poised to catalyze the growth of pioneering sustainable Deeptech startups at the Seed/Series A stage….
In a groundbreaking development within Ethiopia’s telecommunications landscape, Woda CEO Steven Cui proudly heralds the company as the premier local provider of telecom towers to Safaricom Ethiopia. With an unwavering commitment to upholding unparalleled standards of reliability and service quality, Woda exemplifies its dedication to fostering robust connectivity infrastructures. Safaricom Ethiopia’s recent announcement regarding network…
