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,…
In a significant development for the realm of public tenders, Tengo(https://www.tengo.cc), a cutting-edge SaaS platform designed to streamline the tender process, has announced a successful €3 million funding round led by Point Nine, underscoring its rapid growth and transformative impact. Founded in 2023 by entrepreneurs Hugues Renou and Yoann Gauthier, Tengo has quickly positioned itself…
OpusFlow, the leading provider of all-in-one ERP solutions tailored for sustainable installation companies, has successfully raised €1.7 million in a funding round led by Peak, a renowned B2B SaaS investor. This investment will fuel OpusFlow’s mission to enhance its cutting-edge product and extend its reach across Europe, supporting installers of solar panels, heat pumps, home…
PuriFire Energy, a pioneering force in sustainable fuel technology, has successfully closed a £2.7 million (US$3.5 million) seed funding round. This significant investment was spearheaded by HICO Investment Group, with notable contributions from Bulnes Capital, R&R Investments, and Abhishek Desai. Founded by Dr. Matthew Pearce in 2019, PuriFire Energy focuses on advancing green hydrogen and…
New Frontier Funding, a trailblazer in utilizing generative AI to facilitate credit and debt funding for small and medium-sized businesses (SMBs), has successfully closed a significant round of growth capital from the Homsher Family Office. The investment underscores the transformative potential of artificial intelligence in addressing the systemic challenge of capital access for businesses. Currently,…
eGenesis, a trailblazer in biotechnology with a focus on developing human-compatible engineered organs, has announced the successful completion of a $191 million Series D financing round. This substantial investment will propel the advancement of eGenesis’s lead product candidate, EGEN-2784, through its first-in-human clinical trials for kidney transplants. Additionally, the funds will facilitate the expansion of…
AIRNA, a cutting-edge biotech firm specializing in RNA editing therapeutics, has successfully closed an oversubscribed $60 million Series A financing round, pushing the total raised to $90 million. This investment, led by Forbion and supported by a prestigious group of investors including ARCH Venture Partners, Ono Venture Investment, Alexandria Venture Investments, and ND Capital, will…
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…
Spring Labs, renowned for pioneering intelligent solutions in financial services, unveils Raia, an innovative AI copilot set to redefine customer service standards within the fintech industry. Developed by seasoned fintech entrepreneurs, Raia leverages generative AI to empower fintech firms with unparalleled capabilities, enhancing customer interactions and operational efficiency. In today’s dynamic financial landscape, where consumer…
Amity Solutions (ASOL), a leading software and AI firm based in Thailand, along with its parent company Amity Corporation, has successfully closed a Series C financing round raising US$60 million. This significant funding is earmarked to propel the transformation of enterprise software products through Generative AI (GenAI), aimed at enhancing value and utility across various…
