Magfi, an innovative SaaS platform specializing in simultaneous advertising across Telegram and Discord communities, has raised $1.1 million in its Seed funding round. The investment, led by Eleven Ventures, a prominent Bulgarian VC known for its support of unicorns like Payhawk, will accelerate Magfi’s growth and market expansion. Svetozar Georgiev from Eleven Ventures will join…
Heeler Security, a pioneering application security startup, has secured $8.5 million in seed funding to revolutionize how organizations secure their applications. Led by Norwest Venture Partners with significant participation from Storm Ventures, this investment fuels Heeler’s mission to address the growing crisis of real-time context in the software development lifecycle (SDLC). A Broken System Demands…
In a significant boost for the cybersecurity landscape, Intezer has announced the successful closure of a $33 million Series C funding round, bringing its total capital raised to $60 million. The investment, spearheaded by Norwest Venture Partners, comes on the heels of an impressive 400% increase in customer acquisition over the past year. With participation…
In a significant leap forward for AI-driven industrial technology, UptimeAI has successfully closed a $14 million Series A funding round, spearheaded by WestBridge Capital with key contributions from Emergent Ventures and Aditya Birla Ventures. This latest infusion of capital marks a pivotal moment for UptimeAI, propelling its ambitious expansion across North America and solidifying its…
Turnover Labs, an innovative start-up based in New York City, has announced the successful closing of a $1.4 million Pre-Seed funding round, aimed at revolutionizing the chemical manufacturing sector and significantly reducing carbon emissions. The funding round was co-led by Pace Ventures and GC Ventures, with participation from Sandy Spring Climate Partners and other prominent…
In a pivotal development for cybersecurity, German startup Enginsight has successfully raised €6 million in funding led by UVC Partners. This round also saw participation from notable investors including Carsten Maschmeyer’s seed+speed fund, bm-t beteiligungsmanagement thüringen GmbH, Talanx AG, Smart Infrastructure Ventures, and Brandenburg VENTURES GmbH. Enginsight is committed to fortifying the cybersecurity landscape for…
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…
S&P Global has announced the appointment of Martina L. Cheung as President and Chief Executive Officer, effective November 1, 2024. Ms. Cheung, currently serving as President of S&P Global Ratings, will succeed Douglas L. Peterson, who will retire after a distinguished tenure. Martina L. Cheung brings a wealth of experience and leadership to her new…
Ability AI, a trailblazing martech startup based in Ukraine, announced a significant milestone in its journey towards revolutionizing digital marketing with the aid of autonomous AI agents. The company has secured $1.1 million in pre-seed funding to further develop its innovative platform designed to streamline and enhance the efficiency of paid marketing campaigns. Navigating the…
Formation Bio, a pioneering force at the intersection of technology and pharmaceuticals, has announced a landmark achievement with the closure of a $372 million Series D financing round. This funding round was led by prominent investors including a16z and Sanofi, with continued support from existing backers such as Sequoia, Thrive, Emerson Collective, and Lachy Groom,…
