Vecna Robotics, a trailblazer in flexible material handling automation solutions, has announced the successful closure of its Series C funding round, securing an impressive $100 million. This financing, comprising $40 million in equity and debt, marks a significant milestone for the company, nearly doubling its valuation from previous rounds. Investors backing this round include Tiger…
WorkJam, a leader in digital frontline workplace solutions, has announced a successful $20 million investment led by Export Development Canada (EDC). This strategic funding is set to boost WorkJam’s expansion efforts across the EMEA region, where it has recently welcomed major clients like Marks & Spencer and Metro Digital. Steven Kramer, CEO of WorkJam, commented…
In a significant stride towards combating climate change, Sirona Technologies has successfully raised €6 million in a Seed round to propel its innovative Direct Air Capture (DAC) technology. This funding, co-led by LocalGlobe and XAnge, underscores growing investor confidence in Sirona’s mission to revolutionize carbon removal from the atmosphere. Founded in 2023 and headquartered in…
Bee Maps, powered by Hivemapper, has announced a significant $32 million funding round led by Pantera Capital, with participation from LDA Capital, Borderless Capital, and Ajna Capital. This investment underscores strong market confidence in Bee Maps’ mission to revolutionize geospatial data through its pioneering decentralized AI mapping platform. In an era where real-time, hyper-accurate maps…
Global Spatial Technology Solutions (GSTS) has announced the successful closure of its CAD $11 million Series A funding round. The round, led by Fonds de solidarité FTQ and supported by Export Development Corporation (EDC), marks a significant step forward for the company’s global expansion efforts. This strategic investment will accelerate the international commercialization of GSTS’s…
Movate, a leading digital technology and customer experience (CX) services provider, has named Dariyus Setna as its new Executive Vice President (EVP) and Chief Revenue Officer (CRO) for Digital Services. Setna, a seasoned business leader with over 25 years of experience, joins Movate from Globant, where he significantly contributed to quadrupling revenue and increasing market…
Estonian cybersecurity startup Patchstack has successfully raised $5 million in a Series A funding round aimed at enhancing its open-source security solutions. This round, led by Karma Ventures, saw participation from G+D Ventures and Emilia Capital, the investment firm established by Yoast founders Marieke van de Rakt and Joost de Valk. This funding follows a…
Paradigm Health has raised $78 million in an oversubscribed Series B round as the U.S. technology company accelerates its effort to embed clinical trials directly within routine patient care across the country and abroad. The investment was led by ARCH Venture Partners, joined by new backer DFJ Growth and returning investors including F-Prime, General Catalyst,…
Payabli, a trailblazer in the realm of payments infrastructure tailored for software companies, has successfully closed a Series A funding round totaling $20 million. Led by QED Investors and supported by existing investors TTV Capital, Fika Ventures, and Bling Capital, this investment underscores Payabli’s rapid ascent in the fintech sector amidst a staggering 340% revenue…
Etaily, the Philippines’ digital-native retail platform, has successfully secured a significant strategic investment led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC) through its SMBC Asia Rising fund. The new funding round brings etaily’s total capital raised to over $24 million, earmarking the capital to accelerate its expansion and focus on the burgeoning social commerce landscape…
