In a groundbreaking development for the tech industry, Oriole Networks, a pioneering startup harnessing the power of photonics to address the pressing energy consumption issues of AI data centers, has successfully raised an impressive $22 million in funding. This latest round, led by Plural, sees reinvestment from notable investors including the UCL Technology Fund, XTX…
In a remarkable demonstration of confidence from investors, UK-based luxury retail platform Cult Mia has successfully raised an additional $2 million, bringing its total seed funding to $5 million. This latest round builds upon an initial $3 million raise completed in November 2023, led by Fuel Ventures with notable participation from Morgan Stanley and David…
In a significant boost for sustainable innovation, Belgian biotech startup AmphiStar has been awarded a €2 million grant from SPRIN-D, Germany’s Federal Agency for Disruptive Innovation. This funding marks a remarkable milestone for the company, bringing its total financing for 2023 to €10 million. The grant is aimed at advancing AmphiStar’s groundbreaking biotechnology platform, which…
Best Day Brewing, recognized as the fastest-growing non-alcoholic craft beer brand in the United States, has successfully raised a total of $22.5 million in funding this year. This impressive backing from both new and existing investors highlights the burgeoning confidence in the non-alcoholic beverage sector, positioning Best Day Brewing firmly as the leading contender in…
In a significant boost to its growth trajectory, LeasePoint Funding Group has announced the successful acquisition of $40 million in incremental funding from Altriarch Asset Management. The capital raise, facilitated by Westlake Securities, positions LeasePoint to further its expansion in the competitive equipment financing sector, meeting the burgeoning demand for innovative financial solutions from device…
In a bold move set to reshape the landscape of family office management, MyFO has announced the successful closing of its oversubscribed $3.5 million Seed funding round, led by Rhino Ventures. This innovative platform, designed for family offices and the wealth management professionals servicing them, aims to streamline the complexities of financial oversight, integrating data,…
In a significant move poised to reshape the landscape of financial crime prevention across Asia, True Global Ventures (TGV) has announced a strategic investment in Tookitaki, a leading provider of anti-financial crime software. This funding, coinciding with Tookitaki’s 10-year anniversary, aims to accelerate the company’s growth and innovation in response to the escalating regulatory demands…
In a groundbreaking move for the beauty and wellness industry, Fresha, the world’s leading marketplace platform for beauty services, has announced a strategic investment in Yuv, a pioneering company specializing in AI-powered hair color technology. This partnership promises to reshape the hair coloring experience for salons and clients alike, enhancing both service quality and operational…
Cambri, the pioneering AI-powered consumer insights platform, has successfully raised €8 million in a new funding round aimed at scaling its operations. This round welcomes new investors including Octopus Ventures and S4S Ventures, co-founded by industry veteran Sir Martin Sorrell. They join existing investors such as OpenOcean, Spintop Ventures, and The 98, which is co-led…
In a significant move to reshape connectivity in the multifamily sector, Aerwave, a pioneering managed WiFi platform, has launched its strategic capital program, AerPays, aimed at investing $50 million into network infrastructure over the next year. This innovative initiative is designed to facilitate the seamless adoption of community-wide managed WiFi services for property owners and…
