Today marks a significant milestone for Inventive as they announce their official launch alongside the successful closure of a $6.5 million seed funding round led by Wing VC. Additional contributions came from Tokyo Black and a distinguished group of angel investors, including former executives from Google and Meta. This funding is earmarked to propel Inventive’s…
OpenAI continues its strategic expansion into enterprise solutions with the acquisition of Multi, a startup known for its innovative video-first collaboration platform. This move comes shortly after OpenAI’s acquisition of database tech firm Rockset, signaling a robust M&A strategy aimed at bolstering its capabilities in corporate software solutions. Multi, previously known as Remotion, gained traction…
In a groundbreaking display of technological innovation, HaiLa Technologies Inc. and e-peas Semiconductor have introduced a revolutionary solution at Sensors Converge in Santa Clara. Their collaborative effort showcases the world’s first battery-free, Wi-Fi-based sensor system, leveraging ambient light to power continuous data transmission. The focal point of this achievement is HaiLa’s BSC2000 Wi-Fi passive backscatter…
Latch, Inc., rebranding as DOOR, has announced its acquisition of HelloTech, Inc., a leading provider of on-demand, in-home technology support services. This strategic move marks the official launch of DOOR Services, leveraging HelloTech’s robust platform alongside technology obtained through Latch’s previous acquisition of Honest Day’s Work (HDW). DOOR Services will introduce a full suite of…
TrackLight, a trailblazer in AI-driven fraud detection and prevention, has launched its innovative platform aimed at combatting fraud across government and corporate sectors. The company also announced a significant milestone with a $3 million Seed funding round led by BarronKent and Growth Factory. This investment is set to accelerate TrackLight’s platform development, sales initiatives, and…
Wilya, previously known as Gig and Take, has announced a significant milestone with the closure of a $4 million seed funding round led by Ironspring Ventures. This funding underscores Wilya’s innovative approach in revolutionizing HR practices within the manufacturing and supply chain sectors through its advanced SaaS platform. Founder and CEO Rahil Siddiqui expressed excitement…
Better Juice, Ltd., a pioneering foodTech company, has introduced a game-changing innovation aimed at revolutionizing the sorbet and fruit ice cream market. Leveraging their advanced enzymatic technology, Better Juice has successfully reduced the sugar content in fruit sorbets by up to 70%, offering health-conscious consumers a guilt-free option for indulgence. The launch marks a significant…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
Singapore-based fintech startup SoSoValue has announced the successful closure of a $4.15 million seed funding round, led by prominent investors including HongShan, GSR Markets, Alumni Ventures, CoinSummer Labs, and One Piece Labs. Noteworthy contributions also came from co-founders of leading Web3 and AI technology firms, alongside early backers of Ethereum and Gitcoin. Founded with a…
Marea Therapeutics has marked a significant milestone with the successful closure of a $190 million combined Series A and B financing, positioning the clinical-stage biotechnology firm to accelerate its pioneering efforts in cardiometabolic disease treatments. Led by Third Rock Ventures and supported by a consortium of leading investors including Sofinnova Investments, Forbion, and Perceptive Xontogeny…
