Adaptive Security, the preeminent provider of AI-powered social engineering prevention solutions, today announced the successful close of an $81 million Series B funding round. This substantial investment, which follows two previous raises this year, brings the firm’s total capital raised to $146.5 million. The round was led by Bain Capital Ventures and included strategic participation…
Black Forest Labs, the frontier visual intelligence company behind the FLUX model family, announced a $300 million Series B financing round led by AMP and Salesforce Ventures at a post-money valuation of $3.25 billion. This follows an earlier undisclosed Series A led by Andreessen Horowitz, with contributions from BroadLight Capital, Creandum, Earlybird VC, General Catalyst,…
In a significant move underscoring the growing importance of data quality in AI-driven industries, Amsterdam-based OTB Ventures has announced a strategic investment in Timeseer.AI, an innovative data operations (DataOps) firm headquartered in Antwerp. This infusion of capital, the exact amount of which remains undisclosed, marks a pivotal step for both companies as they aim to…
In a significant stride for the legaltech landscape, Fynk, a pioneering startup, has successfully raised $3.5 million to enhance its AI-driven contract management solutions. This funding round arrives just four months post its public debut in May 2024, following an initial pre-seed investment of $1.5 million. Founded by seasoned entrepreneurs Constantin Wintoniak, Dominik Hackl, and…
Adam, the Czech-based home improvement platform known for simplifying the process of hiring tradespeople, has announced a successful fundraising round of €3 million. The investment, led by European edtech VC Brighteye, aims to propel Adam’s expansion beyond Europe and into new realms of construction trades. Since its inception, Adam has streamlined the home renovation experience…
In a move set to shape the next chapter of commercial spaceflight, Phantom Space Corporation has appointed veteran aerospace engineer and co-founder Chris Thompson as its new President, while he retains his role as Chief Technology Officer (CTO). The strategic leadership shift signals Phantom’s growing momentum in developing scalable, reliable, and cost-effective solutions in launch…
In a remarkable display of growth within the sports tech sector, Eyeball.Club has successfully raised €5 million in a Seed funding round led by Vendep Capital, with additional participation from Sportlogiq, Heartland, and Founderment. This latest financial boost arrives just nine months after the company’s pre-seed round, underscoring its rapid ascent in the global football…
In a significant stride towards transforming consumer research, Knit, the pioneering AI platform, has successfully closed a $9 million funding round. This financial boost, led by Revolution’s Rise of the Rest Seed Fund, marks a pivotal moment for the company as it announces new partnerships with industry giants including T-Mobile, NASCAR, the WNBA, Mars Wrigley,…
In an era where weight loss is increasingly medicalised through injections and prescriptions, Simple Life is charting a different course—one driven by AI, behavioural data, and gamified coaching. The London-based digital health company has raised $35 million in Series B funding, led by HartBeat Ventures and AI-driven private credit firm Liquidity, to further scale its…
Layer2 Financial, a pioneer in regulated payments infrastructure, has announced a substantial $10.7 million Series A funding round. This investment, led by Galaxy Ventures with significant participation from Accomplice, is set to propel Layer2’s mission of transforming the cross-border payments landscape. The Series A funding arrives amidst remarkable growth for Layer2 Financial, which has seen…
