Axcelis Technologies, Inc. (Nasdaq: ACLS) has announced the appointment of David Ryzhik as its new Senior Vice President of Investor Relations and Corporate Strategy, effective July 2024. Mr. Ryzhik brings over two decades of extensive experience in investor relations and financial management across various sectors. Most recently serving as Vice President of Investor Relations at…
When, an innovative player in the realm of employee offboarding, has announced the successful closure of a $4.6 million Seed funding round. Led by B Capital, this round also saw participation from TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, and Enfield Capital Partners. This latest influx of capital, alongside the company’s initial $2.4 million…
In a move that could reshape how software companies scale, SaaS Capital has closed a $100 million Fund V to extend its growth debt model into subscription AI applications. Rather than diluting ownership, the firm is betting on debt structures—tailored for recurring-revenue businesses—to back this emerging frontier. Debt, Not Dilution: The Logic Behind Fund V…
Berlin-based health tech innovator Roger has successfully secured €7 million in seed funding, with prominent investors including Google Ventures (GV) and Partech leading the round. The funding round also saw participation from notable angel investors, including the founders of Orderbird, Payone, and the US-based platform Klara. Founded in 2021 by Victor Charlier and Andreas Wolff,…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
Tread.fi, a trailblazing algorithmic trading infrastructure company, has emerged onto the scene with a groundbreaking approach to institutional crypto trading. The company’s launch coincides with the announcement of a successful $3.5 million pre-seed funding round, marking a significant milestone in its journey to revolutionize the digital asset market. Led by New Form Capital, renowned for…
Lario Therapeutics, a pioneering biopharmaceutical firm dedicated to advancing precision medicines for epileptic and neurological disorders, has been awarded a substantial $6 million USD grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF). This funding is earmarked to propel Lario’s preclinical research into CaV2.3 calcium channel inhibitors, heralded as a novel approach to…
Cambri, the pioneering AI-powered consumer insights platform, has successfully raised €8 million in a new funding round aimed at scaling its operations. This round welcomes new investors including Octopus Ventures and S4S Ventures, co-founded by industry veteran Sir Martin Sorrell. They join existing investors such as OpenOcean, Spintop Ventures, and The 98, which is co-led…
In a move that signals a recalibration of power in mortgage technology, Lendware, Inc. has acquired and rebranded the operating assets of Aidium, a CRM platform widely used by residential mortgage professionals. The deal promises a reinvigorated product roadmap, leadership change, and a renewed push toward AI‑powered features. Aidium’s CRM has earned recognition over the…
MagicSchool AI, the rapidly growing technology platform dedicated to K-12 educators and students, has secured $15 million in a Series A funding round led by Bain Capital Ventures. Additional investors include Adobe Ventures, Common Sense Media, and notable angel investors such as Amjad Masad, Tyler Bosmeny, Rafael Garcia, and Amir Nathoo. This investment will drive…
