Mundi Ventures has announced the successful closure of a €25 million investment round, led by the Agencia Española de Cooperación Internacional para el Desarrollo (AECID). This substantial funding will be channeled into insurtech startups and related sectors aimed at enhancing and digitalizing the insurance landscape in Latin America. AECID, a key entity within the Spanish…
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…
In a significant stride toward transforming aviation safety and efficiency, Beacon AI has announced the successful closure of a $15 million Series A funding round, led by Costanoa Ventures. The round saw substantial participation from Scout Ventures, along with contributions from prominent investors, including Sam Altman and JetBlue Ventures. This latest infusion of capital elevates…
Singapore-based fintech startup SoSoValue has announced the successful closure of a $4.15 million seed funding round, led by prominent investors including HongShan, GSR Markets, Alumni Ventures, CoinSummer Labs, and One Piece Labs. Noteworthy contributions also came from co-founders of leading Web3 and AI technology firms, alongside early backers of Ethereum and Gitcoin. Founded with a…
Unlimited Industries, a California-based AI-native construction company, has successfully closed a $12 million seed funding round co-led by top-tier venture firms Andreessen Horowitz (a16z) and CIV. The capital injection is aimed at accelerating the deployment of Unlimited Industries’ proprietary AI platform, designed to dramatically reduce costs and construction timelines for critical U.S. infrastructure. The investment…
Thoughtful AI, a frontrunner in AI-powered revenue cycle automation, has marked a significant leap forward with the introduction of groundbreaking AI Agents designed to revolutionize healthcare revenue cycle management (RCM). The company also announced the successful closure of a $20 million Series A funding round led by Nick Solaro of Drive Capital, with participation from…
In a groundbreaking collaboration set to redefine the landscape of legaltech, UK-based startup Orbital Witness has partnered with First Title Insurance, a subsidiary of First American Financial Corporation, to introduce AI Reliance—a pioneering insurance-backed guarantee for accuracy in AI-driven legal products. This unprecedented initiative marks a significant milestone in the professional services industry, particularly in…
Italian startup Involve, a pioneering force in stratospheric balloon technology, has successfully closed a €2.5 million Seed funding round. This significant investment follows the company’s impressive track record of 30 commercial launches and rigorous testing of its innovative technology. Involve specializes in advanced stratospheric pseudo-satellite platforms, combined with cutting-edge software to deliver real-time, high-resolution data….
In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…
Alosant, a trailblazer in customer experience technology for master-planned communities, proudly announces the completion of its Series A funding round, spearheaded by Greg Avis, co-founder and former Managing Director of Summit Partners. This pivotal development, combined with strategic leadership appointments, positions Alosant for significant growth and innovation in the proptech sector. Greg Avis, now Managing…
