3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…
Plata, the high-tech Mexican financial platform, has arranged financing of up to US$500 million through Nomura Securities International, Inc., marking the largest private credit financing ever raised by a Mexican digital financial services company. The transaction also represents the first time a Japanese global financial institution has backed a deal of this magnitude in Mexico’s…
In a vote of confidence for embedded insurance’s growing role in European fintech, Stockholm-based Eir Insurance has secured €20 million in growth capital. The round was led by Endeit Capital, an Amsterdam-based investment firm focused on scaling European tech ventures, with participation from select family offices and existing shareholders. Eir Insurance operates with a B2B2X…
Gendo, a pioneering generative AI platform tailored for architects, has secured $1.1 million in funding and unveiled its innovative technology to the world. Founded by architectural designer George Proud and software engineer Will Jones, Gendo emerges from stealth mode with a mission to transform architectural design processes through AI-driven visualizations. Traditional methods of creating architectural…
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…
In a significant move bolstering its commitment to advancing science-driven solutions, Freeflow Ventures has announced the successful raise of $90 million in funding. This includes $50 million from its Fund Two and Opportunity Fund, complementing its existing $25 million Fund One and Special Purpose Vehicles (SPVs). Amidst a challenging venture capital landscape, Freeflow’s doubled fundraising…
In a significant stride towards transforming consumer research, Knit, the pioneering AI platform, has successfully closed a $9 million funding round. This financial boost, led by Revolution’s Rise of the Rest Seed Fund, marks a pivotal moment for the company as it announces new partnerships with industry giants including T-Mobile, NASCAR, the WNBA, Mars Wrigley,…
Complete Solar, Inc. (“Complete Solar” or the “Company”), a Nasdaq-listed leader in solar technology and services, announced a significant boost to its financial resources with a $10 million investment from StarCharge, a prominent player in Asia’s digital energy sector. The investment, structured as a convertible debenture, marks a strategic move by StarCharge to deepen its…
In a significant influx of capital, Peregrine Energy Solutions (headquartered in Boulder, Colorado) has secured US$130 million to accelerate its utility‑scale battery storage pipeline across the United States. The funding round draws on a diverse international consortium, including the Ministry of Environment, Republic of Korea, IMM Investment, Woori Private Equity Asset Management and investment funds managed…
Neysa, an innovative leader in the AI Acceleration Cloud System space, has successfully raised $30 million in Series A funding. This significant investment, co-led by prominent investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners, follows Neysa’s impressive $20 million seed round earlier this year. This latest funding round highlights the robust confidence…
