October 5, 2024
Headlines

Slope Secures $65 Million Strategic Funding from J.P. Morgan and Partners to Expand AI-Led B2B Payments Platform

Editor05 mins

Slope, the innovative B2B payments platform leveraging AI for seamless transaction management, announced today the successful closure of a $65 million strategic financing round led by J.P. Morgan, alongside participation from prominent investors including Y Combinator, Jack Altman, and Max Altman’s Saga fund. This funding, comprising both equity and debt components, brings Slope’s total funding…

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KNIME Secures $30 Million Investment to Enhance AI Governance and ModelOps Capabilities

Editor04 mins

KNIME, a leader in open-source data science and AI, has secured an additional $30 million from longtime investor Invus, bringing the total Series B funding to $50 million. This investment will drive KNIME’s efforts to advance its enterprise-grade AI governance and ModelOps capabilities, positioning the company to meet the burgeoning demand for sophisticated data science…

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CereTax Secures $9 Million to Propel Innovation and Expand Operational Footprint

Editor08 mins

CereTax, the pioneering force in sales and use tax automation, has announced a transformative $9 million financing round led by S3 Ventures, accompanied by Wild Basin Investments and Leaders Fund. CereTax has redefined the landscape of sales tax solutions, merging cutting-edge cloud technology with a client-centric approach led by experts in indirect tax. Unlike outdated…

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founder Joshua Reid

LunchTable Secures $2.4 Million to Revolutionize Fan Engagement in Sports

Editor04 mins

LunchTable, previously known as Inphlu, announces a successful $2.4 million seed financing round. Led by JumpStart Ventures and joined by notable participants including Cintrifuse Capital and Black Tech Nation Ventures, this funding underscores LunchTable’s commitment to transforming passive sports spectators into vibrant, engaged advocates. The company, now rebranded as LunchTable, epitomizes community and camaraderie among…

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Rillet Raises $13.5 Million to Transform Accounting with AI-Driven ERP Platform

Editor03 mins

Rillet, an innovative fintech firm specializing in AI-powered accounting solutions, has secured $13.5 million in a recent funding round. The investment, spearheaded by Creandum and First Round Capital, with contributions from Chad Byers of Susa Ventures, Eventbrite founder Kevin Hartz, and other prominent industry figures, marks a significant milestone in Rillet’s mission to revolutionize accounting…

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Qblox Secures $26M Series A Funding to Propel Quantum Control Stack Development

Editor04 mins

Qblox, a pioneering quantum technology firm renowned for its advanced quantum control stacks, has announced the successful closure of a $26 million Series A funding round. The investment, led by Quantonation and Invest-NL Deep Tech Fund, with participation from QDNL and the European Innovation Council (EIC), marks a significant milestone in Qblox’s journey towards advancing…

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Shane Portfolio Named Chief Technology Officer of Congruex, Elevating Digital Network Expertise

Editor02 mins

Congruex, a leading provider of comprehensive digital network services, has appointed Shane Portfolio as its new Chief Technology Officer. With an illustrious career marked by transformative leadership in digital network engineering, Portfolio joins Congruex to spearhead technological innovation and extend nationwide connectivity solutions. Shane Portfolio brings nearly three decades of profound industry experience, cultivated during…

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Dr. Lisa Graham, Seeq’s CEO

Seeq Secures $50 Million in Series D Funding to Drive Next-Generation Industrial Analytics

Editor04 mins

Seeq Corporation, a pioneering leader in industrial analytics and AI-driven monitoring, has successfully closed a $50 million Series D funding round. The round, spearheaded by global investment firm Sixth Street Growth, boosts Seeq’s total funding to approximately $165 million. Significant participation came from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi…

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Arcadia Finance Launches New Litigation Funding Firm, Secures $100M Investment

Editor03 mins

Arcadia Finance, a pioneering litigation funding firm specializing in commercial litigation and arbitration, announced its official launch today with a robust commitment of over $100 million in investment capital. Founded by seasoned veterans David Kerstein, Ronit Cohen, and Joshua Libling, Arcadia aims to revolutionize the legal financing landscape with customized solutions and extensive industry experience….

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DC Connected Car CEO dennis christ

DC Connected Car Accelerates AI-Powered After-Sales Revolution with €2.1 Million Seed Funding

Editor05 mins

DC Connected Car, a pioneer in AI-driven remote vehicle diagnostics, has secured €2.1 million in seed funding. The round, led by Insurtech VC firm VENPACE, also saw participation from Borusan Ventures, Atlas Ventures, Network.VC, and existing investors APX, Bloomhaus Ventures, and Business Angels. This investment will propel DC Connected Car’s mission to transform the $500…

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