The widespread adoption of generative AI is fundamentally reshaping global business strategies, according to a comprehensive survey conducted by Bain & Company. The research reveals that nearly 9 out of 10 companies have either implemented or are currently piloting generative AI technologies, marking a significant surge in adoption across various industries. Bain’s latest proprietary survey…
The Amherst Group (“Amherst”), a prominent player in residential real estate investments, has appointed Paul Nicholson as its Deputy Chief Investment Officer. Nicholson returns to Amherst from Santander US Capital Markets, bringing extensive experience in mortgage-backed securities (MBS) and risk management. In his new role, Nicholson will collaborate closely with Chairman and CEO Sean Dobson…
A shining star in the constellation of clean energy solutions, Marathon Fusion, has secured $5.9 million in seed funding to revolutionize fusion fuel processing. This round, led by 1517 Fund and Anglo American, with participation from prominent names like Übermorgen Ventures and Malcolm Handley, propels Marathon Fusion further along its mission of making fusion energy…
ZeroTier, a pioneering company in virtual networking, has announced a successful $13.5 million Series A funding round, led by Battery Ventures. This investment also saw contributions from Bonfire Ventures, Anorak Ventures, Grand Enterprises B.V., Airbridge Equity Partners, First In Ventures, and 7percent Ventures. This fresh capital is set to bolster ZeroTier’s mission to simplify secure…
webAI, an Austin-based leader in AI innovation, has announced a significant milestone in its mission to revolutionize artificial intelligence with the completion of a $60 million Series A funding round. This pivotal investment underscores the growing momentum behind webAI’s vision to democratize AI and enhance its accessibility for enterprises worldwide. The fresh capital injection brings…
Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…
In a significant leap forward for legal technology, Stockholm-based startup Qura has successfully raised €2.1 million in seed funding, spearheaded by Cherry Ventures and supported by industry experts, including GP Sophia Bendz, who will join Qura’s board. This fresh influx of capital aims to enhance the platform’s capabilities and expand its collection of legal data,…
Shinobi Therapeutics, a trailblazer in immune evasive iPS cell therapies, has been awarded up to $59 million in non-dilutive grant funding by the Japanese Agency for Medical Research and Development (AMED). This significant grant will accelerate the development of Shinobi’s pioneering iPS-T cell therapy, aimed at treating GPC3+ solid tumors. Dr. Yasumichi Hitoshi, Chief of…
Trumpet, a London-based innovator in sales technology, has announced a significant milestone with the completion of a €5.7 million ($6.35 million) seed funding round. The investment, spearheaded by AlbionVC, also saw contributions from existing backers Lightbird Ventures, Anamcara Capital, and Triple Point Ventures. This fresh capital injection will be instrumental in expanding Trumpet’s team, advancing…
Appian (Nasdaq: APPN), a leader in process automation software, has appointed Manuel Melles as Regional Vice President (RVP) for Partners in Central Europe. Melles will spearhead Appian’s efforts to expand partnerships and drive business growth across Germany, Austria, Switzerland (DACH), and France, focusing on delivering transformative process automation solutions to customers. With over 20 years…
