Orby AI (Orby), a trailblazer in generative AI solutions for enterprise automation, has announced the successful closure of its series A funding round, raising $30 million from prominent investors. Led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with participation from Pear VC, this funding marks a pivotal moment for Orby. The capital infusion…
In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…
illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….
Pear Commerce, a trailblazer in retail ecommerce enablement, has announced the successful closure of a $10 million Series A funding round led by Stage 2 Capital. This investment underscores Pear’s rapid growth and pivotal role in enhancing shoppable experiences for leading consumer packaged goods (CPG) brands. Additional participation from investors such as Heartland Ventures and…
RareCyte, Inc., a pioneering Life Sciences company renowned for its Precision Biology platforms, has announced the successful completion of a $20 million financing round aimed at bolstering its Orion™ Spatial Biology platform. This funding, sourced from a blend of new and existing investors, including Forest Road, Arboretum Ventures, and F-Prime Capital, underscores RareCyte’s commitment to…
KarmaCheck, a pioneer in technology-driven background checks and credentialing solutions, has announced a successful $45 million Series B funding round aimed at accelerating innovation and expanding its market presence. Led by Parameter Ventures and joined by PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures, this oversubscribed investment underscores KarmaCheck’s rapid growth and the…
Odaseva, the esteemed enterprise data security platform specializing in Salesforce, has announced a significant milestone with the closure of a $54 million Series C equity financing round. This latest funding, led by Silver Lake Waterman and supported by existing investors F-Prime, Eight Roads, and Serena Capital, alongside new backers Eurazeo and Crescent Cove, marks a…
Li Industries, a pioneering climate tech company specializing in lithium-ion battery recycling, has successfully closed its Series B funding round with an additional $6 million commitment from new investors. General Motors (GM) Ventures, DNX Ventures, and Tech Energy Ventures join as strategic backers, bolstering Li Industries’ total funding to over $50 million. This substantial investment…
Authentica Solutions, a trailblazer in data integration and intelligence management for the education sector, has announced the successful completion of a $6.2 million Series Seed funding round led by Owl Ventures, the world’s largest venture capital firm focused on EdTech. This funding underscores Authentica Solutions’ commitment to revolutionizing data interoperability and intelligence provisioning across educational…
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…
