Raad Labs Secures $2.25M Seed Funding, Appoints T.J. Ragsdale as CEO to Advance Blockchain-Based Climate Solutions

Raad Labs, a trailblazer in blockchain-driven climate technology, has announced a successful $2.25 million Seed funding round led by CoinFund, with participation from Tribe, EV3, and Protagonist. The company, incubated at Montauk Climate, aims to revolutionize climate data collection through its innovative Decentralized Physical Infrastructure Networks (DePIN) model. Raad Labs will leverage these funds to…

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Zhiyi Biotech Reports Successful Phase I Results for SK10 in Chemotherapy-induced Diarrhea Treatment

Zhiyi Biotech, a pioneering clinical-stage biotech specializing in live biotherapeutic products (LBPs), has achieved significant milestones with its latest clinical trial results for SK10. The Phase I study, conducted in the United States, has demonstrated promising outcomes in the treatment of chemotherapy-induced diarrhea (CID) using SK10, an innovative heat-killed Bacteroides fragilis product. The randomized, double-blind,…

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Capmont Technology Launches €100M Fund to Propel Early-Stage B2B Startups

In a significant boost for the European and U.S. B2B startup ecosystem, Capmont Technology has announced the launch of a €100 million fund dedicated to early-stage companies addressing critical industry challenges through innovative technology solutions. This funding marks a pivotal expansion for the firm, formerly known as DI Technology, which has now raised a total…

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Vectara Secures $25 Million Series A Funding to Propel Trusted Generative AI Innovations

Vectara, a leading provider of Generative AI solutions, has successfully closed a $25 million Series A funding round led by FPV Ventures and Race Capital. This funding round, combined with last year’s seed funding, brings Vectara’s total funding to $53.5 million. The investment will fuel Vectara’s mission to enhance the reliability and efficacy of Retrieval…

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Ability AI Raises $1.1M to Pioneer Autonomous Marketing Solutions

Ability AI, a trailblazing martech startup based in Ukraine, announced a significant milestone in its journey towards revolutionizing digital marketing with the aid of autonomous AI agents. The company has secured $1.1 million in pre-seed funding to further develop its innovative platform designed to streamline and enhance the efficiency of paid marketing campaigns. Navigating the…

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Jade Biosciences Secures $80 Million Funding to Advance Breakthrough Therapies for Autoimmune Diseases

Jade Biosciences, a biotechnology innovator focused on autoimmune diseases, has announced the successful closing of an $80 million financing round. Led by Fairmount and Venrock Healthcare Capital Partners, with additional contributions from Deep Track Capital, Driehaus Capital Management, Franklin Templeton, RTW Investments, and Braidwell LP, this investment will drive the development of Jade’s cutting-edge therapies…

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Trevor Gary, Founder and CEO of Micruity

Micruity Secures $5 Million to Enhance Retirement Security Infrastructure

Micruity, Inc., a leader in financial technology infrastructure for retirement solutions, has announced the successful closure of a $5.0 million funding round aimed at expanding support for accumulation annuities and non-guaranteed income products on its platform. This strategic investment underscores Micruity’s commitment to revolutionizing retirement planning by bridging the gap between savings accumulation and sustainable…

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Noetik Secures $40 Million in Series A Funding to Revolutionize Cancer Therapeutics

Noetik, a pioneering AI-native biotechnology firm dedicated to advancing precision cancer therapies, has successfully closed a substantial $40 million Series A financing round. This oversubscribed round was spearheaded by Polaris Partners, with Amy Schulman, Managing Partner, joining Noetik’s board of directors. The funding also saw participation from notable new investors including Khosla Ventures, Wittington Ventures,…

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Convergence Secures $12M Pre-Seed Funding for Revolutionary Personalized AI Agent

In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…

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