In a significant development for the blockchain and cryptography sectors, Fermah, a pioneering universal proof generation platform, has successfully closed a $5.2 million seed funding round. The investment was co-led by the a16z CSX fund and Lemniscap, with contributions from notable investors including Bankless Ventures, Longhash Ventures, and several others. Among the distinguished angel investors…
S&P Global has announced the appointment of Martina L. Cheung as President and Chief Executive Officer, effective November 1, 2024. Ms. Cheung, currently serving as President of S&P Global Ratings, will succeed Douglas L. Peterson, who will retire after a distinguished tenure. Martina L. Cheung brings a wealth of experience and leadership to her new…
In a significant development for the semiconductor industry, Wolfspeed, the world’s foremost producer of silicon carbide technology, has announced a groundbreaking funding initiative that will provide up to $1.5 billion for its expansion efforts in North Carolina and New York. The U.S. Department of Commerce has proposed $750 million in direct funding under the CHIPS…
West Monroe Partners, a prominent global business and technology consulting firm, has named Chuck Kirchner as the new leader of its Chicago office, effective July 1st. Kirchner, currently a Senior Partner in the firm’s Technology & Experience practice, brings over three decades of strategic technology consulting experience to this pivotal role. In his new capacity,…
In an exciting development for the architecture and design industries, Gendo, the innovative AI-powered platform for architects and designers, has secured £4.3 million in Seed funding. This funding comes just four months after the company’s pre-seed round raised £855,000, marking a significant milestone for the fast-growing startup. The latest round of investment was co-led by…
InventWood, a leader in transforming undervalued wood into cutting-edge climate-resilient Superwood products, has announced the successful closure of an $8 million funding round. This investment, which includes participation from Grantham Foundation, Builders Vision, Echelon, and prominent clean technology entrepreneur John Rockwell, brings InventWood’s total funding to over $77 million. Concurrently, the company has appointed Dr….
In a significant boost for cybersecurity, MELIUS Cyber, a Newcastle-based innovator, has successfully raised £500,000 from the North East Venture Fund (NEVF), bolstered by the European Regional Development Fund and managed by Mercia. This funding aims to enhance their cutting-edge platform, CyberSafe, designed specifically for small and medium-sized enterprises (SMEs) to swiftly identify cyber risks….
In a remarkable display of confidence and ambition, Jet HR, an Italian startup, has successfully raised €12 million in a Seed funding round just one year after its inception. This brings the total funding raised to €16.7 million, a testament to its rapid growth and innovative approach to payroll management in Italy. Founded by Marco…
CultureAI, a leading Human Risk Management Platform, announced today the successful closure of a $10 million Series A funding round. Mercia Ventures and Smedvig Ventures co-led the investment, with continued support from existing investors Passion Capital and Senovo. This financing marks a significant milestone for CultureAI, fueling its mission to revolutionize how organizations mitigate human…
Melodi Health, a trailblazer in breast reconstruction technology, has achieved two significant milestones: the successful close of a $10.75 million Series A funding round and the commencement of the pivotal “ARIA” investigational device exemption (IDE) trial. The company’s efforts are centered on its groundbreaking device, the Melodi Matrix™, aimed at addressing post-surgical complications in breast…
