AuthZed, a trailblazer in scaling permissions systems and developer of the renowned open-source platform SpiceDB, has announced a significant milestone with the completion of a $12 million Series A funding round. The investment was spearheaded by General Catalyst, joined by existing backers Work-Bench and Amplify Partners, underscoring confidence in AuthZed’s innovative approach to permission management….
Gynger, the pioneering embedded financing platform for technology purchases, has announced a significant milestone with the successful closure of a $20 million Series A funding round. The investment, led by PayPal Ventures and joined by Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital, underscores Gynger’s pivotal role in revolutionizing the landscape of corporate…
In a significant leap forward for the AI audio transcription industry, Gladia has announced the successful completion of a $16 million Series A funding round. This infusion of capital will propel the company’s mission to evolve from a speech-to-text API provider to a comprehensive audio infrastructure leader, catering to diverse applications such as contact center…
C12 (https://www.c12qe.com/), the pioneering quantum computing startup co-founded by twin brothers Pierre Desjardins and Matthieu Desjardins, has secured an €18 million funding round ($19.4 million USD) to advance its cutting-edge quantum processor technology. Established in 2020 as a spin-off from the École Normale Supérieure’s Physics Laboratory, C12 focuses on leveraging carbon nanotubes to create next-generation…
In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…
In a remarkable stride towards sustainability, biotechnology startup ÄIO has successfully raised €6.1 million in funding, backed by a consortium of venture capital firms including Voima Ventures, 2C Ventures, SmartCap, and Nordic Foodtech VC. This significant investment will enable the establishment of a demonstration plant in Estonia, aimed at producing eco-friendly oils and fats derived…
In a remarkable development, Bilt Rewards, the leading loyalty program for home and neighborhood transactions, has secured an additional $150 million in funding. This latest round, led by Ontario Teachers’ Pension Plan Growth (TVG) and supported by new contributors including the Vanderbilt Endowment and the University of Illinois Foundation, augments Bilt’s total funding to $50…
At The Times Magazine, we are thrilled to announce an exciting new initiative that aims to honor and celebrate the exceptional achievements of women leaders from around the globe. Our special feature, “The Global She,” will spotlight outstanding women across various sectors, recognizing their contributions to business, technology, and society as a whole. This is…
In a significant move poised to reshape the life and annuity (L&A) insurance technology landscape, Zinnia, a leading innovator in the sector, has successfully raised $300 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding marks a pivotal moment for Zinnia, enabling it to accelerate its market penetration…
In a bold move set to redefine customer relationship management, Day.ai emerges with a $4 million seed round led by Sequoia, signaling a new era for AI-powered business solutions. Founded by Christopher O’Donnell, former chief product officer at HubSpot, and Michael Pici, a seasoned VP of sales and product, Day.ai aims to disrupt the CRM…
