In a major leap forward for satellite navigation, Xona Space Systems has secured $92 million in new funding, marking a pivotal step in deploying its Pulsar constellation, the world’s first commercial satellite navigation service in Low Earth Orbit (LEO). This latest round brings Xona’s total funding to $150 million, including a $20 million non-dilutive award…
Infinitus Systems, Inc., the trailblazer in automating manual healthcare phone operations, has successfully raised $51.5 million in Series C funding, spearheaded by Andreessen Horowitz. This investment round also includes participation from Memorial Hermann Health System and existing investors such as Kleiner Perkins, Coatue, and GV (Google Ventures), bringing the company’s total funding to an impressive…
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…
Healthie, a leading API-first platform for electronic health records (EHR), has announced the successful completion of a $23 million Series B funding round, led by TCV with participation from existing investors Birchmere, Velvet Sea Ventures, Greymatter, and Watershed. This strategic investment is set to accelerate Healthie’s mission to enhance virtual-first healthcare delivery, focusing on patient-centric…
In a significant leap forward for the AI audio transcription industry, Gladia has announced the successful completion of a $16 million Series A funding round. This infusion of capital will propel the company’s mission to evolve from a speech-to-text API provider to a comprehensive audio infrastructure leader, catering to diverse applications such as contact center…
Lucid Group, Inc. (NASDAQ: LCID), a pioneer in advanced electric vehicles, proudly announces the appointment of Nick Twork as Head of Global Communications. Twork brings over two decades of strategic communication and marketing expertise from leading automotive and technology sectors worldwide. In his new role, Nick Twork will oversee Lucid’s comprehensive global communications strategy, encompassing…
CData Software, a leading provider of data connectivity solutions, has announced a significant milestone in its growth journey with the securing of approximately $350 million in strategic funding. The investment round was led by Warburg Pincus, a prominent global growth investor, with participation from Accel. This infusion of capital is poised to propel CData’s leadership…
Rhombus, a trailblazer in cloud-managed physical security solutions, has successfully completed a $45 million Series C funding round. The investment was spearheaded by NightDragon, with participation from Bluestone Equity Partners, alongside existing supporters Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures. This latest infusion of capital brings Rhombus’ total funding to over $90…
Delft-based VSParticle (VSP), a trailblazer in nanoparticle synthesis, has successfully raised €6.5 million in an A2 extension round. Led by NordicNinja and Plural, with continued support from Hermann Hauser Investment, this new funding boosts VSP’s total capital to €24.5 million. Founded in 2014, VSParticle is revolutionizing material science by enabling rapid and efficient discovery of…
Ability Biologics, a trailblazer in AI-driven therapeutic discovery, has closed an $18 million seed funding extension, marking a significant milestone in its quest to revolutionize antibody therapeutics for cancer and immune-related disorders. Led by founding investor Amplitude Ventures, this financing round includes strategic support from Fonds de solidarité FTQ, Investissement Québec, Charles River Laboratories, Theodorus,…
