iLearningEngines, a pioneering force in AI-powered learning and work automation, has announced a significant milestone in its growth journey with the securing of an additional $20 million in funding. This funding comes through an amendment to its existing Loan and Security Agreement, enhancing its financial capacity to execute expansive growth initiatives. The amendment, entered into…
In a pivotal move for sustainable transport, Polish firm MMI has secured €7.7 million from the Vinci S.A. fund. This substantial investment will drive MMI’s ambitious plan to transform public transport with a new range of electric and hydrogen-powered minibuses. With this funding, MMI aims to expand its product lineup, enhance technological capabilities, and significantly…
Citroniq Chemicals LLC, a pioneer in producing carbon-negative materials, has successfully closed a $12 million Series A financing round. The funding was spearheaded by a major multinational energy technology firm renowned for providing large rotating equipment across the oil & gas, energy, and industrial sectors globally. Additional backing came from Lummus Technology Ventures and a…
3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…
In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…
In the evolving landscape of entertainment, where the boundaries between gaming, narrative, and technology blur, Wolf Games emerges as a pioneering force reshaping how stories are told and experienced. The Los Angeles-based generative entertainment startup recently secured $9 million in a Series A funding round led by Main Street Advisors, signaling a strong vote of…
Zoios, a pioneering HRtech startup based in Copenhagen, has successfully raised €1 million in seed funding aimed at transforming workplace leadership through innovative AI-driven solutions. Founded in 2021 by Christian Højbo Møller and Mikkel Agesen, Zoios has quickly emerged as a key player in enhancing employee well-being and leadership performance across Scandinavian markets. The Danish…
DTCP, a distinguished investment firm specializing in digitization and automation strategies, has announced the successful closure of its latest fund, DTCP Growth Equity III, alongside an additional B2B early stage investment fund, raising a combined total of $450 million. This landmark achievement underscores DTCP’s strategic vision and commitment to advancing transformative technologies across global markets….
FREYR Battery (NYSE: FREY), a leading developer in clean, next-generation battery cell production, has reached a significant milestone in its operations with the successful completion of its first production trial at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. This accomplishment marks FREYR as the first company to achieve automated production trials on…
Smartville Inc., a pioneering force in EV battery circularity based in Carlsbad, California, proudly announces its partnership with the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) for a transformative $10 million grant under the Long-Duration Energy Storage (LDES) Demonstrations Program’s Second-Life Smart Systems (SMART) project. This substantial funding marks a pivotal step…
