Finaloop Raises $35 Million in Series A Funding to Revolutionize Ecommerce Accounting with AI Finaloop, an AI-driven accounting platform catering to ecommerce, has secured $35 million in its Series A funding round, setting its sights on transforming financial management for online businesses. The round was led by Lightspeed Venture Partners, with participation from new investors…
InSpacePropulsion Technologies (ISPTech), a pioneering spin-off from the German Aerospace Center (DLR), has announced a significant milestone with a €2 million Pre-Seed funding round. This investment underscores ISPTech’s commitment to revolutionizing the space industry with its innovative green propulsion systems, designed to enhance performance, reliability, and affordability across a wide range of spacecraft applications. Founded…
Bybit Web3, the Web3 division of Bybit, a leading global crypto exchange renowned for its innovation and user-centric approach, announces a groundbreaking upgrade with the launch of IDO 2.0. This new system promises to redefine decentralized fundraising, emphasizing user protection and engagement through innovative gamified rewards. Since its inception in January 2023, Bybit Web3 IDO…
Leasi, a pioneering Norwegian startup specializing in construction technology, has announced a significant milestone with the completion of a €1.1 million pre-seed funding round. This round saw strategic investments from industry giants including Skanska, a global leader in construction, and StartupLab, Norway’s foremost early-stage investor. Additional backing came from Gnist Capital and Weseed, marking a…
Nebul, a pioneering force in sovereign-hybrid cloud solutions based in Amsterdam, has announced a significant milestone in its journey with a €20M investment from BeStacking. This funding round, spearheaded by seasoned founders dedicated to fostering transformative IT ventures across Europe, marks a pivotal moment for Nebul’s expansion strategy. Founded in 2022 under the leadership of…
Trading Technologies International, Inc. (TT), a prominent global provider of capital markets technology platforms, proudly announced its TT platform has received the prestigious Best Algo Trading Solution award at the WatersTechnology Asia Awards 2024. The accolade, presented at a gala event in Hong Kong, marks the third major recognition this year for TT’s commitment to…
Formation Bio, a pioneering force at the intersection of technology and pharmaceuticals, has announced a landmark achievement with the closure of a $372 million Series D financing round. This funding round was led by prominent investors including a16z and Sanofi, with continued support from existing backers such as Sequoia, Thrive, Emerson Collective, and Lachy Groom,…
GrayMatter Robotics, a trailblazer in AI-powered robotics solutions for manufacturing challenges, announced today the successful closure of a $45 million Series B funding round. Led by Wellington Management and supported by NGP Capital, Euclidean Capital, and other prominent investors, this funding round propels GrayMatter’s total raised capital to $70.4 million, reinforcing its position as a…
Mastercam, a global leader in CAM software solutions, proudly announces the promotion of Nicolas Le Moigne to the role of Chief Revenue Officer, effective June 4. Nicolas, previously serving as Vice President of Sales, brings over two decades of expertise in the CAD/CAM industry to his new position. In his elevated role, Nicolas Le Moigne…
Varsity Brands, a leader in sport and spirit experiences, proudly welcomes Lisa Olivieri as its inaugural Chief Security Officer (CSO). With a distinguished career spanning roles such as Global Head of Safety and Security at Wayfair and leadership in the United States Secret Service, Lisa Olivieri brings over two decades of expertise in law enforcement…
