illumex Secures $13M Seed Funding to Pioneer Trustworthy Enterprise GenAI with Structured Data

illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….

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Leya Raises $25 Million to Expand AI-Driven Legal Solutions, Led by Redpoint Ventures

Leya, a pioneering force in AI-driven legal technology, has successfully concluded its Series A funding round with a significant $25 million investment. The round was spearheaded by Redpoint Ventures, accompanied by strong support from existing investors Benchmark, Y Combinator, and Wayfinder Ventures, alongside new addition Alt Capital. Founded on the fundamental belief that legal professionals…

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VoltR Secures €4 Million to Revolutionize Battery Sustainability in Europe

VoltR Advances Sustainable Lithium Battery Manufacturing with €4 Million Seed Funding VoltR, a pioneering French deep-tech company specializing in sustainable lithium batteries, has successfully raised €4 million in seed funding to scale its innovative processes. The funding round, led by prominent investors including C4 Ventures, Exergon, Pays de la Loire Participations, and Anjou Amorçage, marks…

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iOnctura Raises EUR 80 Million to Propel Groundbreaking Cancer Treatments

iOnctura, a pioneering biopharmaceutical company specializing in innovative cancer treatments, has secured EUR 80 million in Series B financing. This milestone funding round, led by Syncona Limited with participation from the European Innovation Council (EIC) Fund and existing investors, underscores iOnctura’s transformative strides in oncology. The investment will accelerate the development of iOnctura’s lead candidate,…

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Vecna Robotics Secures $100 Million in Series C Funding to Drive Innovation in Warehouse Automation

Vecna Robotics, a trailblazer in flexible material handling automation solutions, has announced the successful closure of its Series C funding round, securing an impressive $100 million. This financing, comprising $40 million in equity and debt, marks a significant milestone for the company, nearly doubling its valuation from previous rounds. Investors backing this round include Tiger…

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MeetRecord Secures $2.7 Million to Revolutionize Revenue Automation for Service Businesses

MeetRecord, a pioneering Revenue Automation Platform tailored for the service sector, has announced a significant milestone with the successful closure of a $2.7 million Pre-Series A funding round. Leading the investment is SWC Global, a prominent venture capital fund based in Singapore, with additional support from existing investor All In Capital. At the heart of…

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Tilt Secures $15 Million Series B Funding to Accelerate HR Tech Innovations

Tilt, a trailblazer in leave management solutions, proudly announces the completion of a $15 million Series B funding round, spearheaded by Bramalea Partners. This significant investment also saw contributions from HearstLab, alongside continued backing from Firework Ventures, Origin Ventures, and Techstars. In addition to the funding, Tilt is delighted to welcome Jill Frankle to its…

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Oldcastle BuildingEnvelope Appoints Mark Adamson as CEO to Spearhead Growth Strategy

Oldcastle BuildingEnvelope, Inc. (“OBE”), a premier manufacturer, fabricator, and distributor of architectural hardware solutions and glazing systems across North America, proudly announces the appointment of Mark Adamson as its new Chief Executive Officer, effective July 1, 2024. Mark Adamson brings over 35 years of exemplary leadership in the global building products sector to OBE. His…

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VeroSkills Raises $5.3M to Revolutionize AI-Powered Blue-Collar Hiring Amid America’s $1 Trillion Labor Shortage

In an era defined by widening labour shortages and structural mismatches, the Birmingham‑based startup VeroSkills has quietly emerged with ambition. With a newly announced US $5.3 million funding round led by Yonder Ventures alongside Circadian Ventures and Motivate Ventures, VeroSkills is doubling down on its mission: deploy AI‑driven staffing to meet the looming blue‑collar labour shortfall. According to…

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