The widespread adoption of generative AI is fundamentally reshaping global business strategies, according to a comprehensive survey conducted by Bain & Company. The research reveals that nearly 9 out of 10 companies have either implemented or are currently piloting generative AI technologies, marking a significant surge in adoption across various industries. Bain’s latest proprietary survey…
After.com, a trailblazing online platform revolutionizing end-of-life services, announced today the successful closure of its Series A funding round, raising $10 million. The investment was spearheaded by HIPstr, the early-stage investment arm of HighPost Capital, LLC, underscoring a significant endorsement of After.com’s pioneering approach in the death care industry. Founded in 2020, After.com has swiftly…
In a world where AI now writes more code than humans can review, a new kind of infrastructure is quietly emerging — not to create more code, but to trust it. TestSprite, a Seattle-based startup building automated testing agents for AI-generated software, has raised $6.7 million in seed funding, bringing its total capital to $8.1…
Under the pioneering leadership of CEO Raquel Urtasun, Waabi has rapidly become a cornerstone in the autonomous vehicle sector, specifically in the domain of self-driving trucks. With a recent $200 million Series B funding infusion, spearheaded by Uber and Khosla Ventures, Waabi is on a trajectory to redefine logistics and transport through cutting-edge AI technologies….
Faye, the acclaimed travel platform known for integrating insurance, assistance, and financial solutions, has successfully raised $31 million in Series B funding. This latest round elevates Faye’s total funding to $49 million. The investment was spearheaded by Portage, with notable contributions from Lumir Ventures and continued support from existing backers F2 Venture Capital, Viola Ventures,…
As enterprises rush to harness the transformative potential of private LTE and 5G networks, complexity threatens to stall adoption. OneLayer, a Boston-based startup helmed by CEO and co-founder Dave Mor, is staking its claim as the essential infrastructure enabler that bridges cellular technology and enterprise IT. Closing a $28 million Series A round led by…
Switzerland-based blockchain startup RedStone, originally founded in Poland, has successfully closed a $15 million Series A funding round led by Arrington Capital. This significant investment marks a pivotal moment for the company, known for its pioneering work in multichain databases and blockchain oracles. Founded in 2021 by Jakub Wojciechowski and Marcin Kazmierczak, RedStone has quickly…
In a strategic move to enhance its offerings in construction operations and risk management, BiltOn (formerly known as Beti) has announced the successful completion of a $15 million Series B funding round. This significant investment was spearheaded by PSG Equity, a leading growth equity firm focused on software and technology-enabled services, with notable participation from…
Constant Contact, the digital marketing platform best known for helping small businesses send newsletters, is stepping into its next phase of growth—and it’s taking a new pool of capital with it. On Tuesday, Clearlake Capital confirmed the close of a new investment in Constant Contact via a dedicated single-asset fund named Icon Partners VI, backed…
In a significant boost for the cellular agriculture sector, foodtech startup Sallea has announced a successful funding round of $2.6 million, aimed at advancing the production of premium whole cuts of cultivated meat and fish. Founded in November 2023 by an innovative all-female team, Sallea is poised to redefine how cultivated proteins are produced, moving…
