In a groundbreaking move set to redefine Dubai’s technological landscape, Polynome Group, a leading UAE-based technology firm, has announced the launch of a visionary $100 million fund dedicated to advancing AI startups. This strategic initiative, unveiled during the prestigious AI Retreat organized by the Dubai Centre for AI Applications in collaboration with the National Programme…
Global Millennial Capital (GMCL), a prominent UAE-based investment firm specializing in tech startups, is setting its sights on Bengaluru, India’s bustling tech hub, for its next phase of strategic investments. Founded in 2021 by Andreea Danila, GMCL has swiftly carved a niche in the global investment landscape, focusing on pioneering technologies and intellectual property-driven businesses….
Arcadia Finance, a pioneering litigation funding firm specializing in commercial litigation and arbitration, announced its official launch today with a robust commitment of over $100 million in investment capital. Founded by seasoned veterans David Kerstein, Ronit Cohen, and Joshua Libling, Arcadia aims to revolutionize the legal financing landscape with customized solutions and extensive industry experience….
Zencity, a prominent community engagement platform serving the local government sector across four continents, has secured a significant $40 million investment in its Series C funding round led by StepStone Group. This latest infusion of capital, which includes participation from existing investor TLV Partners, brings the total raised by the company to $91 million and…
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…
Berg Enterprises, Inc. (BEI) has announced a significant milestone with the closing of a $2.5 million financing round led by Antina Capital, marking a pivotal moment in their 50-year journey. This funding, structured through a combination of private debt and equity, is set to bolster BEI’s strategic investments and workforce expansion across critical geographies pivotal…
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…
Berlin-based B2B startup Eco.mio has raised a substantial seed funding round described as “low seven-figures,” marking a pivotal moment in its mission to revolutionize sustainable business travel practices. The financing round was led by prominent investors including IBB Ventures, Identity.vc, the Hans(wo)men Group, N&V Capital, Partners in Clime, and several individual backers. Founded in 2021,…
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…
