CTERA, a pioneer in hybrid cloud data management, has announced a significant milestone with the closing of an $80 million funding round led by PSG Equity, a prominent growth equity firm specializing in software and technology-enabled services. This investment, comprising both primary and secondary funding, underscores CTERA’s strategic focus on enhancing its hybrid cloud data…
Re-Leased, a forward-thinking property software firm founded in New Zealand, has successfully closed an oversubscribed US$12.5 million funding round. This significant capital influx, led by Movac with participation from Icehouse Ventures and existing investors, is set to fuel the company’s expansion and the enhanced integration of AI within its software suite. The funding will accelerate…
Velentium, a Houston-based engineering leader in medical device design and manufacturing, has secured a significant $15 million investment from Trinity Capital Inc. This strategic partnership fuels Velentium’s mission to deliver innovative and life-saving medical technologies. Velentium’s expertise spans across the entire medical device lifecycle, from concept to production. Their team offers a unique blend of…
Lario Therapeutics, a pioneering biopharmaceutical firm dedicated to advancing precision medicines for epileptic and neurological disorders, has been awarded a substantial $6 million USD grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF). This funding is earmarked to propel Lario’s preclinical research into CaV2.3 calcium channel inhibitors, heralded as a novel approach to…
In a significant step towards revolutionizing the architecture of AI data centers, Xscape Photonics has announced the successful closing of a $44 million Series A funding round. This financing, led by IAG Capital Partners, attracted contributions from prominent investors including Cisco Investments, NVIDIA, Altair, Fathom Fund, Kyra Ventures, LifeX Ventures, and OUP. The total funding…
Brussels-based Soda has announced a significant milestone with the securing of €12.9 million in fresh funding, aimed at accelerating its expansion into the North American market and advancing its AI-powered data quality solutions. Led by key investors including Singular and Point Nine, this latest investment round underscores Soda’s pivotal role in revolutionizing data quality through…
VenoStent, Inc., a leading innovator in medical devices aimed at enhancing outcomes for dialysis patients, has successfully closed its Series A funding round, securing $20 million. This round was highlighted by a significant $4 million investment from Norwest Venture Partners, alongside contributions from Good Growth Capital and IAG Capital Partners. Concurrently, the company has been…
London-based healthtech startup Cryogenx has successfully raised £800,000 in funding to advance its groundbreaking portable body cooling device, CGX1. This investment round includes a significant contribution of £150,000 from the British Design Fund, alongside support from existing shareholders, angel investors, and a US-based fund. Founded by Matt Anderson, Cryogenx aims to address the critical need…
Supio, a groundbreaking AI-driven platform tailored for personal injury and mass tort law firms, has emerged from stealth mode with a significant $25 million Series A investment. The funding round, led by Sapphire Ventures with notable participation from Bonfire Ventures and Foothill Ventures, elevates Supio’s total funding to $33 million. Founded in 2021 by former…
Soluna Holdings, Inc. (NASDAQ: SLNH), a trailblazer in green data centers for intensive computing applications, has announced a significant funding boost for its subsidiary, Soluna Cloud. The additional $1.25 million in financing, facilitated by BitOoda Technologies and Imperial Capital, brings Soluna Cloud’s total credit facility to $13.75 million. This capital injection is earmarked to propel…
