Stability AI, a pioneering force in generative AI technology, has announced a transformative leadership change and significant investment round. The company, known for its breakthroughs in imaging, language, code, and audio AI, has appointed Prem Akkaraju as its new Chief Executive Officer effective immediately. Concurrently, Stability AI has closed a substantial round of investment from…
AquaBattery, an innovative startup born from Imperial College London, has achieved a significant milestone with a €6 million seed investment round aimed at propelling its groundbreaking flow battery technology. Co-founded by Dr. Jiajun Cen, a visionary Imperial graduate, AquaBattery focuses on developing a sustainable energy storage solution using ordinary salt water. The concept behind AquaBattery’s…
Ramify, a cutting-edge wealth management and financial advisory platform headquartered in Paris, has announced a significant milestone with an €11 million Series A funding round. The round was led by 13books Capital, with key participation from Fidelity International Strategic Ventures and existing investors Newfund, AG2R, Crédit Agricole, and prominent business angels. This infusion of funds…
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….
Active Membranes, a trailblazer in desalination technology known for its innovative electrically-conducting membranes, has successfully closed its initial round of Seed Funding aimed at advancing its groundbreaking water purification solutions. The investment will fuel further corporate expansion, technology scaling, and the execution of extended field pilot tests, supported in part by various US federal and…
As enterprises rush to harness the transformative potential of private LTE and 5G networks, complexity threatens to stall adoption. OneLayer, a Boston-based startup helmed by CEO and co-founder Dave Mor, is staking its claim as the essential infrastructure enabler that bridges cellular technology and enterprise IT. Closing a $28 million Series A round led by…
AmorSui, an innovative leader in sustainable personal protective equipment (PPE), has announced the completion of a $3.5 million seed funding round. This strategic investment, led by Gold House Ventures, The MBA Fund, and The Rev Up Fund, will fuel the company’s mission to enhance the safety and environmental responsibility of medical supplies. AmorSui aims to…
Cubbit, an innovative force in geo-distributed cloud storage solutions, has successfully raised $12.5 million in its latest funding round, co-led by prominent investors LocalGlobe and ETF Partners. This funding marks a significant milestone for the Italian company as it advances its mission to redefine data management across global industries. In a data-driven era where the…
CytoReason, a trailblazer in computational disease models for biopharma R&D, has secured $80 million in a funding round led by OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific. This substantial investment marks a pivotal moment for CytoReason as it accelerates its mission to revolutionize pharmaceutical decision-making through advanced AI technology. The new funding will propel CytoReason’s…
Safe Intelligence, a London-based leader in AI safety, has secured €5 million in a seed funding round aimed at transforming the reliability and security of artificial intelligence systems. The round, led by Amadeus Capital Partners, also saw contributions from OTB Ventures and existing investor Vsquared Ventures. With this funding, Safe Intelligence aims to bridge the…
