Alvys, a next-generation logistics platform aiming to revolutionize supply chain management, has secured $20.5 million in a Series A funding round. This investment, led by Titanium Ventures with participation from Picus Capital and existing investors RTP and Bonfire, fuels Alvys’ mission to become the go-to platform for logistics and supply chain operations. The funding windfall…
Halo Industries, Inc., a pioneer in laser manufacturing technology for the semiconductor sector, has successfully closed its oversubscribed Series B funding round, securing up to $80 million. The round was led by Thomas Tull’s U.S. Innovative Technology Fund (USIT), alongside investments from 8VC and SAIC. This substantial funding infusion will accelerate Halo Industries’ efforts to…
Leeward Renewable Energy (LRE), a prominent player in the renewable energy sector, has finalized a substantial $1.25 billion construction warehouse facility to bolster its capacity for constructing renewable energy projects. This move underscores LRE’s commitment to expanding its operational portfolio and advancing its position in the clean energy market. The Construction Warehouse, a revolving credit…
Batteries Plus, the leading retailer of batteries for consumers and businesses alike, has been selected for a major grant from the U.S. Department of Energy (DOE) to spearhead a comprehensive national initiative aimed at dramatically increasing battery recycling rates. This exciting announcement marks a significant step forward for Batteries Plus, solidifying their position as a…
In a bold move that underscores its commitment to innovation in 3D printing, Formlabs has announced the acquisition of Micronics, a dynamic startup emerging from the heart of Wisconsin. Founded by Henry Chan and Luke Boppart, Micronics has distinguished itself with a groundbreaking approach to Selective Laser Sintering (SLS) technology, traditionally confined to high-cost industrial…
Helsing, a pioneering defence AI company based in Munich, has set a new milestone with a monumental €450 million funding round. General Catalyst led this Series C financing, underscoring Helsing’s pivotal role in advancing AI-driven solutions for national security. Strategic investors including Saab, Elad Gil, Accel, Lightspeed, Plural, and Greenoaks also participated, reflecting strong industry…
Arkion, formerly known as Skyqraft and renowned for its leadership in asset analytics for power grids, has raised $4 million in its latest funding round. This milestone follows its strategic rebranding, doubling down on its commitment to revolutionize energy infrastructure inspections. Founded with a vision to support power grid owners in achieving a net-zero future,…
In a significant move towards advancing ethical AI practices, trail, a pioneering AI governance startup based in Munich, has successfully secured €1.45 million in a pre-seed funding round. Led by CapitalT, a prominent early-stage investor, the funding round also saw participation from NP-Hard Ventures, Mozilla Ventures, Common Magic, and several business angels. This substantial investment…
The European space industry has received a momentous boost with the announcement of a substantial €170 million investment fund by Alpine Space Ventures. This venture capital firm, led by industry veterans Bulent Altan and Joram Voelklein, aims to catalyze the next wave of innovation in space technology across Europe. Alpine Space Ventures’ strategic focus is…
Exein, a Rome-based cybersecurity firm specializing in embedded Internet of Things (IoT) devices, has marked a significant milestone with the announcement of €15 million in Series B funding. The round, led by cybersecurity and infrastructure software specialist 33N, positions Exein to redefine global standards in device-level security. Unlike traditional cybersecurity approaches that focus on network…
