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…
Canoe Intelligence (“Canoe”), a leading financial technology company specializing in alternative investment management, has secured $36 million in its Series C funding round led by Growth Equity at Goldman Sachs Alternatives. This substantial investment, with continued support from existing investors F-Prime Capital and Eight Roads, underscores Canoe’s pivotal role in transforming data management for institutional…
In a significant stride towards revolutionizing the treatment of abdominal aortic aneurysms (AAA), Endoron Medical has announced the successful closure of a $10 million Series A funding round. Led by Sofinnova Partners and bolstered by contributions from the European Innovation Council Fund, this funding marks a pivotal moment for Endoron as it accelerates the development…
Flip, the dynamic force in social commerce, has executed a strategic acquisition of Curated, a premier platform renowned for connecting consumers with expert advice on high-value purchases. Valued at $330 million in stock, this landmark deal underscores Flip’s commitment to revolutionizing online shopping through genuine, human-generated interactions. Flip has swiftly ascended in the social commerce…
DigniFi, a leading FinTech company disrupting the auto repair financing landscape, has secured a significant $175 million funding boost. This strategic investment, led by Encina Lender Finance and Brigade Capital Management, fuels DigniFi’s mission to empower car owners nationwide with accessible financing solutions for unexpected auto repairs. DigniFi has carved a niche for itself by…
Captions, the AI-powered video creation and editing leader, has secured a monumental $60 million Series C funding round, bringing its total capital raised to a staggering $100 million. This investment values the company at a cool $500 million. Index Ventures spearheaded the round, reaffirming Captions’ revolutionary impact on the video creation landscape. Returning investors Kleiner…
