Axcelis Technologies Appoints David Ryzhik as Senior Vice President of Investor Relations and Corporate Strategy

Axcelis Technologies, Inc. (Nasdaq: ACLS) has announced the appointment of David Ryzhik as its new Senior Vice President of Investor Relations and Corporate Strategy, effective July 2024. Mr. Ryzhik brings over two decades of extensive experience in investor relations and financial management across various sectors. Most recently serving as Vice President of Investor Relations at…

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Safire Group Secures $8 Million to Elevate Lithium-ion Battery Safety Standards

In a significant move for the energy safety sector, Safire Technology Group, Inc. has announced the successful completion of an $8 million financing round led by Canaan Partners, marking a pivotal step in the company’s mission to enhance the safety of lithium-ion (Li-ion) batteries across government and automotive markets. This Pre-Series A financing round, which…

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Leya Raises $25 Million to Expand AI-Driven Legal Solutions, Led by Redpoint Ventures

Leya, a pioneering force in AI-driven legal technology, has successfully concluded its Series A funding round with a significant $25 million investment. The round was spearheaded by Redpoint Ventures, accompanied by strong support from existing investors Benchmark, Y Combinator, and Wayfinder Ventures, alongside new addition Alt Capital. Founded on the fundamental belief that legal professionals…

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Sila Secures $375M Funding to Propel Titan Silicon™ Production for Automotive Innovation

Sila, the forefront innovator in battery materials, has announced a significant milestone with the closing of its Series G funding round, raising a staggering $375 million. This latest round was spearheaded by stalwart investors Sutter Hill Ventures and funds and accounts advised by T. Rowe Price Associates, Inc., alongside enthusiastic participation from existing investors including…

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Cult Mia Secures $5 Million in Seed Funding Amid Triple-Digit Growth

In a remarkable demonstration of confidence from investors, UK-based luxury retail platform Cult Mia has successfully raised an additional $2 million, bringing its total seed funding to $5 million. This latest round builds upon an initial $3 million raise completed in November 2023, led by Fuel Ventures with notable participation from Morgan Stanley and David…

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Roots Automation Secures $22.2 Million Funding to Revolutionize Unstructured Data Utilization in Insurance with AI

In a significant leap forward for the insurance industry, Roots Automation, renowned for its innovative AI solutions, has successfully closed a $22.2 million Series B funding round. This investment, spearheaded by Harbert Growth Partners, alongside support from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures, aims to enhance the capabilities of its AI-driven tools and…

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Hydden Secures $4.4 Million Seed Funding to Enhance Identity Security for Modern Organizations

Hydden, a pioneering force in identity visibility, has successfully secured $4.4 million in seed funding to empower security teams with unparalleled insights into their identity attack surface. The investment round was spearheaded by Access Venture Partners, alongside notable contributors such as Lockstep, the venture fund of esteemed CISOs Rinki Sethi and Lucas Moody, and various…

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Reframe Launches Innovative Workspace Solution to Streamline Digital Collaboration, Secures $5 Million Seed Funding

In a significant development within the tech landscape, Reframe has officially emerged from stealth mode, announcing a successful $5 million seed funding round. The financing, led by Primary Venture Partners, with Eniac Ventures as co-lead and additional participation from Founder Collective and Operator Partners, will support the company’s ambitious mission to reshape the human-computer interface….

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ZBiotics Secures $12 Million in Series A Funding to Expand Revolutionary Probiotic Line

ZBiotics, a trailblazer in the realm of genetically engineered probiotics, has successfully concluded its $12 million Series A funding round. The investment, led by Spring Tide Capital and supported by Access Capital, Seamless Capital, Goat Rodeo Capital, and Seaside Ventures, marks a significant milestone for the company. The funds are set to fuel ZBiotics‘ plans…

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