Strathcona Resources and Canada Growth Fund Forge $2 Billion Partnership for Carbon Capture Innovation

Strathcona Resources Ltd. (TSX: SCR) has announced a groundbreaking partnership with Canada Growth Fund (“CGF”), marking a significant leap forward in the realm of carbon capture and sequestration (CCS). Under this strategic agreement, CGF, a prominent $15 billion public investment vehicle, will inject up to $1 billion into CCS infrastructure across Strathcona’s steam-assisted gravity drainage…

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clareme-co-founders-Emilia-Theye-and-Celina-Messner-Image-clareme

Empowering Minds: Clare&Me’s Emilia Theye and Celina Messner Raise €3.7 Million to Transform Mental Health with AI

Berlin-based healthtech innovator clare&me has successfully raised €3.7 million in its latest funding round, marking a significant milestone in its mission to enhance mental health support through artificial intelligence. The round was spearheaded by Munich’s YZR Capital, with key contributions from Kodori Ventures, Material Ventures, and existing angel investors, along with early-stage investor Antler. Additionally,…

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pH7 Technologies Secures $25.6M Series B to Advance Critical Metals Extraction Platform

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…

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Daniel First, CEO and founder of Axion

Axion Secures $37M Series B to Drive AI-Enhanced Manufacturing Quality

Axion, a pioneering AI platform transforming product quality in manufacturing, has raised $37 million in Series B funding to expand its human-in-the-loop quality intelligence platform. The round was led by Salesforce Ventures with participation from Bessemer Venture Partners, Schneider Electric Ventures, and existing investors, highlighting strong market confidence in Axion’s mission to modernize American manufacturing….

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Breega Ventures Into Africa with $75M Fund to Fuel Early-Stage Startups

In a significant move to bolster Africa’s burgeoning tech landscape, Paris-based venture capital firm Breega has announced the first close of its $75 million “Africa Seed I” fund. This fund marks Breega’s foray outside Europe, reflecting its commitment to harnessing the continent’s immense entrepreneurial potential. Over the years, Africa has witnessed a remarkable evolution in…

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Pomelo Care Raises $46 Million to Expand Innovative Virtual Care Model Improving Maternal and Newborn Health

Pomelo Care, a pioneering virtual medical practice dedicated to enhancing maternal and newborn health outcomes, has secured $46 million in Series B financing. Led by existing investors First Round Capital and Andreessen Horowitz (a16z) Bio + Health, this funding round will empower Pomelo to scale its innovative care model nationwide, focusing on reducing maternal morbidity…

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Hive Technologies

Hive Technologies Secures €28.2M to Revolutionize European Commerce Operations

Hive Technologies, a pioneering force in commerce operations, has successfully raised €28.2 million in a Series A extension, marking a significant milestone in its mission to redefine how brands manage their operations across Europe. Founded in 2020, Hive Technologies has swiftly garnered attention for its advanced platform that seamlessly integrates with existing retail frameworks, automating…

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Indoor Mapping App WYA Raises £2.5 Million Pre-Seed Funding to Enhance Event Safety

In a significant advancement for event safety, Where You At (WYA), a female-founded indoor mapping platform, has secured £2.5 million in Pre-Seed funding. This innovative app utilizes a patented mesh technology to facilitate real-time location sharing and communication, addressing the crucial issue of connectivity during crowded events. Founded by Tamzin Lent, WYA emerged from a…

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Clark Grue, Moshe Moked, Lois Mitchell and Timothy Kozmyk, owners of ClearSky Global. Photo supplied by ClearSky.

ClearSky Global Secures $168 Million to Propel Low-Carbon Fuel Technology Across North America

In a pivotal move poised to redefine North America’s energy landscape, ClearSky Global Corp. has announced the successful raising of US$168 million from an esteemed international ESG investment group, facilitated by Tailwind Ventures. This funding marks a significant milestone for the Canada-based company, positioning it as a frontrunner in the clean fuels sector. ClearSky Global…

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Arcads.ai Secures $16 Million Seed Round to Fuel U.S. Expansion and Next-Generation AI Video Innovation

Arcads.ai, a fast-rising artificial intelligence company redefining how marketing videos are produced at scale, has raised $16 million in Seed funding, marking a significant milestone in its growth journey. The round was led by Eurazeo, with participation from Alpha Intelligence Capital and international backers including the Sequoia Scout Program. The investment comes at a pivotal…

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