SLUSHY, the pioneering adult content platform focused on creator empowerment and consumer engagement, has successfully closed a $10.2 million seed funding round, marking a historic milestone as the first venture-backed platform of its kind. This investment round, led by prominent investors including Mantis VC and Electric Feel Ventures, underscores SLUSHY’s innovative approach to adult content,…
Rapafusyn Pharmaceuticals, a trailblazer in the realm of therapeutic drug discovery, has announced a significant milestone with the closure of a Series A financing round, amassing $28 million. This strategic investment round was led by 3E Bioventures Capital and Proxima Ventures Ltd., with participation from Lapam Capital. Rapafusyn is spearheading the development of non-degrading molecular…
Coldcart, a pioneering force in the realm of frozen and refrigerated parcel logistics, has successfully closed an oversubscribed seed financing round, raising $6.5 million. This funding, led by Collide Capital and supported by notable investors including Material and Great North Ventures, marks a significant milestone for the company as it accelerates its mission to streamline…
Echelon, a pioneering decentralized lending protocol, has announced a successful $3.5 million seed funding round aimed at revolutionizing decentralized finance (DeFi) lending on Move-based blockchains. The investment round was led by Amber Group and included contributions from key players such as Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. Echelon is poised to…
In a bold step toward redefining global workforce operations, AI-native PEO platform Niural has raised $31 million in a Series A round to advance its mission of building an intelligent operating system for CFOs. The round was led by Marathon Management Partners, with continued support from M13, Inspired Capital, Newform Capital, and several new strategic…
CloudPay, a leading independent provider of global payroll and payment solutions, has announced the successful completion of a $120 million funding round. The investment was led by Blue Owl Capital, with significant contributions from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This substantial funding boost will further fortify CloudPay’s capital base…
In a significant boost for educational technology, Stimy AI has successfully raised $425,000 in Pre-Seed funding, setting the stage for its innovative math learning app aimed at supporting students worldwide. Catering to learners aged 10 to 18, the app employs cutting-edge AI technology to provide tailored assistance in math, helping users tackle homework challenges and…
Sungrow Power Supply Co., Ltd., a global leader in PV inverters and energy storage systems (ESS), has unveiled its latest innovations at Intersolar Europe 2024, showcasing the EMS3000 energy management system and iSolarBPS battery pre-diagnosis system. These advancements have captivated industry experts and attendees alike with their potential to revolutionize the renewable energy sector. The…
Swiss battery technology startup BTRY has announced a successful €153,000 investment from Venture Kick to advance its groundbreaking one-minute charging solid-state battery. Founded in 2023 as a spin-off from Empa and ETH Zurich by Dr. Moritz Futscher, Dr. Abdessalem Aribia, and Dr. Yaroslav Romanyuk, BTRY is set to transform the battery industry with its innovative…
Spring Labs, renowned for pioneering intelligent solutions in financial services, unveils Raia, an innovative AI copilot set to redefine customer service standards within the fintech industry. Developed by seasoned fintech entrepreneurs, Raia leverages generative AI to empower fintech firms with unparalleled capabilities, enhancing customer interactions and operational efficiency. In today’s dynamic financial landscape, where consumer…
