AI-Powered Financial Intelligence Platform 73 Strings Secures €52.7M in Series B Funding to Revolutionize Private Markets

Paris-based 73 Strings, an innovative AI-driven platform specializing in financial intelligence, has successfully raised €52.7 million ($55 million) in a Series B funding round, securing backing from some of the biggest names in finance. Goldman Sachs Alternatives’ Growth Equity, along with Blackstone Innovations Investments, led the round, with additional participation from Golub Capital, Hamilton Lane,…

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Materia Launches Innovative AI Platform for Accounting with $6.3M Funding Boost

New York-based Materia has emerged onto the tech scene with a transformative AI platform designed specifically for public accounting firms, backed by an impressive $6.3 million investment round. Led by Spark Capital and supported by Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI, this funding is set to revolutionize…

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VentureSouth Fuels Southeastern Innovation with $5.5 Million in Early-Stage Investments

VentureSouth, recognized as one of North America’s top 10 angel groups, has announced a dynamic start to 2024 with investments totaling $5.5 million into 24 early-stage companies across the Southeast. The group also distributed nearly $2 million in returns to investors from previous successful investments, showcasing its commitment to fostering regional innovation and economic growth….

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ZeroEyes Secures $53M+ in Series B Funding to Expand AI Gun Detection Technology

ZeroEyes, a pioneer in AI-based gun detection technology, has announced a major milestone with the successful closure of its oversubscribed Series B funding round, raising over $53 million. Leading the investment was Sorenson Capital, joined by Intel Capital, BroadLight Capital, and existing investors, signaling robust support for ZeroEyes’ mission to advance public safety through innovative…

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Velentium Powers Up for Growth with $15 Million Injection from Trinity Capital

Velentium, a Houston-based engineering leader in medical device design and manufacturing, has secured a significant $15 million investment from Trinity Capital Inc. This strategic partnership fuels Velentium’s mission to deliver innovative and life-saving medical technologies. Velentium’s expertise spans across the entire medical device lifecycle, from concept to production. Their team offers a unique blend of…

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Amsterdam’s Longform.ai Secures Funding to Pioneer AI Insights from Audio Data with GenAI

Longform.ai, a dynamic UvA spin-off at the forefront of AI innovation, has announced a significant milestone in its journey towards transforming audio data analytics. The company has secured €300K from Innovatiefonds Noord-Holland to propel its subscription-based AI service aimed at extracting actionable insights from vast troves of audio content. As online conversations in podcasts and…

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xtype Secures $21 Million to Transform Multi-Instance Management for ServiceNow, Empowering Enterprises Globally

In a significant leap for enterprise technology, xtype has announced the successful completion of a $21 million Series A funding round. The investment, led by Norwest Venture Partners and supported by ServiceNow Ventures, along with returning investors Columbia Capital and Inner Loop Capital, highlights the increasing confidence in xtype’s innovative solutions tailored for the ServiceNow…

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AIRS Medical Secures $20M in Series C Funding to Expand AI-Powered Healthcare Solutions

AIRS Medical, a trailblazer in artificial intelligence (AI) and robotics for healthcare applications, has announced a significant milestone with the closing of its Series C funding round, securing $20 million from leading institutional investors in South Korea. BSK Investment and Shinyoung Securities led the investment, underscoring confidence in AIRS Medical’s pioneering efforts to revolutionize preventive…

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Gradient AI Secures $56 Million in Series C Round to Drive Innovation in AI-Powered Insurance Solutions

Gradient AI, a premier enterprise software provider specializing in artificial intelligence for the insurance sector, has successfully closed a Series C funding round, securing $56.1 million. This substantial investment, spearheaded by Centana Growth Partners and supported by existing investors MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures, is poised to significantly bolster the company’s capabilities…

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InventWood Secures $8 Million Funding and Welcomes Tyler Huggins as CEO Ahead of 2025 Launch

InventWood, a leader in transforming undervalued wood into cutting-edge climate-resilient Superwood products, has announced the successful closure of an $8 million funding round. This investment, which includes participation from Grantham Foundation, Builders Vision, Echelon, and prominent clean technology entrepreneur John Rockwell, brings InventWood’s total funding to over $77 million. Concurrently, the company has appointed Dr….

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