Shaped.ai, a pioneering AI platform specializing in personalized recommendations and search solutions for marketplaces and e-commerce, announced today the successful closure of an $8 million Series A funding round. The funding will accelerate the rollout of their new self-serve cloud product aimed at transforming user experiences across digital platforms. Founded by industry veterans from Meta…
In a bold move to enhance its market position, Apono, a leader in privileged access solutions for cloud environments, has announced key appointments to its executive team. Dan Parelskin joins as Senior Vice President of Sales, and Stephen Lowing is appointed Vice President of Marketing. These strategic hires come on the heels of Apono’s successful…
In a significant shift of financial tides, Saudi Arabia has emerged as the foremost issuer of international debt among emerging markets, displacing China from its long-held position. This milestone marks the culmination of the kingdom’s accelerated global borrowing campaign, bolstered by investor confidence in Crown Prince Mohammed bin Salman’s transformative Vision 2030 initiative. Data from…
Canadian cleantech innovator ReliON has secured a critical investment of $3 million CAD to propel its mission of ensuring seamless operation within the electric vehicle (EV) charging infrastructure landscape. The funding round, led by Diagram Ventures with participation from MaRS IAF, AQC Capital, Anges Québec, and Cycle Momentum, empowers ReliON to solidify its position as…
CData Software, a leading provider of data connectivity solutions, has announced a significant milestone in its growth journey with the securing of approximately $350 million in strategic funding. The investment round was led by Warburg Pincus, a prominent global growth investor, with participation from Accel. This infusion of capital is poised to propel CData’s leadership…
In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…
Moniti, a dynamic startup from Poland specializing in deskless team management solutions, has successfully raised $450,000 (1.8 million PLN) in funding to bolster its innovative app development. Catering to industries where over 80% of the global workforce operates without a desk, Moniti’s platform integrates HR processes, team supervision, task delegation, and personnel logistics into a…
PLATMA, an innovative force in the no-code development space, has successfully secured $2 million in pre-seed funding to further advance its AI-powered platform. The Ukrainian-origin startup, which is now valued at $20 million, is setting new standards in the industry by translating natural language directly into functional code. The core of PLATMA’s technology lies in…
Nfinite Nanotechnology, an advanced materials startup based in Waterloo, Ontario, has received up to CAD 3.87 million in funding and advisory support from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The support aims to accelerate the commercialization of Nfinite’s breakthrough ultra-thin coating platform, enabling high-barrier paper packaging as a sustainable…
Monto, an Israeli fintech innovator specializing in AI-driven solutions for B2B payments, has announced the successful closure of a $9 million seed funding round. The funding, spearheaded by Scale Venture Partners and complemented by investments from Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, and Room40 Ventures, marks a pivotal step as Monto transitions from stealth…
