pH7 Technologies has closed the first tranche of its USD $25.6 million Series B financing, a round expected to surpass $30 million in subsequent closings, as the Canadian cleantech firm accelerates commercialization of its next-generation critical-minerals extraction technology. The round was led by Fine Structure Ventures, with BHP Ventures joining as a strategic investor. Additional…
Moniti, a dynamic startup from Poland specializing in deskless team management solutions, has successfully raised $450,000 (1.8 million PLN) in funding to bolster its innovative app development. Catering to industries where over 80% of the global workforce operates without a desk, Moniti’s platform integrates HR processes, team supervision, task delegation, and personnel logistics into a…
Nfinite Nanotechnology, an advanced materials startup based in Waterloo, Ontario, has received up to CAD 3.87 million in funding and advisory support from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The support aims to accelerate the commercialization of Nfinite’s breakthrough ultra-thin coating platform, enabling high-barrier paper packaging as a sustainable…
In a significant stride towards enhancing disaster claims processing, Austrian startup DeepOpinion has successfully raised €11 million in a Series A funding round. Specializing in enterprise-level process automation, DeepOpinion harnesses advanced AI technology to tackle the complexities of knowledge-intensive tasks within business operations. Recent natural disasters, particularly floods in Austria, have illuminated the urgent challenges…
PatientPartner, an innovative health-tech startup dedicated to advancing patient engagement, has successfully raised $7 million in its latest Seed Round of funding. This significant investment, spearheaded by LionBird and FCA Venture Partners, includes $3.5 million in new capital and $3.5 million in convertible debt from Alethea Capital and additional strategic investors. Founded by Forbes Under…
AeroShield Materials, a pioneering MIT spin-out at the forefront of energy-efficient technology, proudly announced the grand opening of its state-of-the-art manufacturing facility in Waltham, Massachusetts. The company has also secured an additional $5 million in funding, supported by both existing and new investors including Massachusetts Clean Energy Center (MassCEC), MassVentures, and MassMutual Ventures. The new…
Kimmeridge, an influential alternative asset manager in the energy sector, has appointed David Lawler as Chief Executive Officer of its affiliate, Kimmeridge Texas Gas (“KTG”). With over 30 years of distinguished experience in the energy industry, Mr. Lawler assumes leadership at KTG, tasked with advancing its vision to become a leading provider of LNG from…
SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…
Lisbon-based gaming distribution platform FRVR has achieved a significant milestone by raising $12.7 million in its latest funding round, pushing its total funding to over $100 million. Founded by industry veterans Chris Benjaminsen and Brian Meidell, FRVR’s mission is to connect global audiences with games they adore while fostering a robust creator economy. Over the…
Aerwave, a leading managed WiFi platform transforming connectivity within the multifamily sector, has announced the successful completion of a $20 million Series B funding round. The investment, spearheaded by Moderne Ventures and supported by a prominent S&P 500 REIT, along with Dominicus Wireless, will propel Aerwave’s product innovation and expansion efforts. “This funding will enable…
