Berlin-based family fintech app Bling has achieved a significant milestone by closing a $12 million Series A equity funding round. Launched in 2021, Bling has swiftly emerged as a leader in providing comprehensive digital solutions that cater to the financial and media literacy needs of families. The app integrates pocket money management, mobile tariffs, and…
In a major leap for the future of robotics, Tacta Systems, a rising force in tactile robotics, has announced a substantial $75 million funding round to supercharge the development of its breakthrough “Dextrous Intelligence” platform—technology aimed at giving robots the finesse, perception, and responsiveness of the human hand. The total raise includes an $11 million…
Payabli, a trailblazer in the realm of payments infrastructure tailored for software companies, has successfully closed a Series A funding round totaling $20 million. Led by QED Investors and supported by existing investors TTV Capital, Fika Ventures, and Bling Capital, this investment underscores Payabli’s rapid ascent in the fintech sector amidst a staggering 340% revenue…
247Solar, the MIT-born clean energy innovator, announced a $25 million Series B funding round aimed at scaling its always-on industrial heat and electricity solutions for commercial and industrial (C&I) customers worldwide. Existing investors have already committed $3.5 million, with additional capital under active due diligence. Founded on a vision to decarbonize the hardest-to-abate industrial energy,…
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…
Switzerland-based blockchain startup RedStone, originally founded in Poland, has successfully closed a $15 million Series A funding round led by Arrington Capital. This significant investment marks a pivotal moment for the company, known for its pioneering work in multichain databases and blockchain oracles. Founded in 2021 by Jakub Wojciechowski and Marcin Kazmierczak, RedStone has quickly…
In the complex world of derivatives reporting, one fintech startup is accelerating its global ambitions with a fresh infusion of capital. KOR, a US-based innovator focused on trade and transaction reporting technology, has closed a significant Series B funding round led by Macquarie Capital Venture Capital, alongside continued backing from existing investor Mosaik Partners. This…
In a groundbreaking move poised to redefine the landscape of quantum computing, IQM Quantum Computers (IQM) proudly inaugurated its inaugural quantum data center in Munich, Germany. This state-of-the-art facility marks a pivotal moment for IQM, positioning it at the forefront of global quantum technology advancements. Strategically located in Munich, the heart of Europe’s technological innovation,…
Ephos, an innovative leader in glass-based photonic chip technology, has successfully secured $8.5 million in a seed funding round aimed at establishing a groundbreaking research and manufacturing facility in Milan. This initiative, supported by NATO’s Defence Innovation Accelerator (DIANA) and the European Union, marks a pivotal moment in the evolution of quantum and light-based computational…
BoldHue, the pioneering female-founded tech firm reshaping the beauty-tech landscape, has announced the successful closure of its oversubscribed seed funding round, raising a total of $3.4 million. The round was led by Lucas Venture Group, with significant contributions from Capital Eleven, Backstage Capital, Tacoma Ventures, as well as notable individuals including Mark Cuban and Kevin…
