Clutch Security has officially launched with the introduction of its innovative Universal Non-Human Identity (NHI) Security Platform and the successful closure of an $8.5 million Seed funding round. The funding, led by Lightspeed Venture Partners, with contributions from Merlin Ventures and notable angel investors, positions Clutch to significantly advance its mission of revolutionizing NHI security…
ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…
In a significant leap toward enhancing workplace productivity, Raycast, a leading productivity software company, has successfully raised $30 million in a Series B funding round. This latest investment brings Raycast’s total funding to over $45 million, underscoring its mission to reduce context switching and optimize user focus. As the digital landscape becomes increasingly saturated with…
Cheshire-based PortSwigger, a distinguished provider of application security software, has announced a significant milestone with the securing of €104.7 million in funding from Brighton Park Capital, renowned for its investments in growth-stage technology and software enterprises. This substantial infusion of capital marks PortSwigger’s first external investment, earmarked to accelerate its expansion and innovation initiatives within…
In a remarkable achievement highlighting his outstanding leadership in IT and business process transformation, Hendy HARIANTO has been named the No.1 recipient of The 2024 World CIO CTO 100 Award by Marlow Business School. This prestigious accolade, bestowed upon him from a pool of over 1,300 global IT leaders, recognizes his profound impact and dedication…
Armata Pharmaceuticals, Inc. (NYSE American: ARMP), a leader in the development of cutting-edge bacteriophage therapies, has been awarded an additional $5.25 million in non-dilutive funding by the U.S. Department of Defense (DoD). This significant grant, facilitated through the Medical Technology Enterprise Consortium (MTEC) and managed by the Naval Medical Research Command (NMRC) and the Joint…
Pomelo Care, a pioneering virtual medical practice dedicated to enhancing maternal and newborn health outcomes, has secured $46 million in Series B financing. Led by existing investors First Round Capital and Andreessen Horowitz (a16z) Bio + Health, this funding round will empower Pomelo to scale its innovative care model nationwide, focusing on reducing maternal morbidity…
Beacon Therapeutics, a pioneering ophthalmic gene therapy company dedicated to combating blinding retinal diseases, has secured $170 million in Series B funding, marking a significant stride towards advancing its transformative treatments. Led by Forbion and supported by existing investors Syncona and Oxford Science Enterprises, alongside newcomers TCGX and Advent Life Sciences, this funding round will…
Pioneering Taiwanese AI firm APMIC is set to make waves in the U.S. market with the introduction of its advanced large language model (LLM), “CaiGunn.” As the sole Taiwanese independent software vendor endorsed by NVIDIA, APMIC is primed to elevate global enterprise AI solutions. This expansion reflects APMIC’s commitment to democratizing AI and equipping businesses…
Zhiyi Biotech, a pioneering clinical-stage biotech specializing in live biotherapeutic products (LBPs), has achieved significant milestones with its latest clinical trial results for SK10. The Phase I study, conducted in the United States, has demonstrated promising outcomes in the treatment of chemotherapy-induced diarrhea (CID) using SK10, an innovative heat-killed Bacteroides fragilis product. The randomized, double-blind,…
