In a significant development for the telecommunications sector, Constellation Technologies & Operations has successfully raised €9.3 million in funding to support its ambitious plan for satellite internet connectivity. Founded in 2022 by Charles Delfieux, the startup is on a mission to enable telecom operators to provide high-speed, low-latency internet from space, with a focus on…
Today marks a significant milestone for Inventive as they announce their official launch alongside the successful closure of a $6.5 million seed funding round led by Wing VC. Additional contributions came from Tokyo Black and a distinguished group of angel investors, including former executives from Google and Meta. This funding is earmarked to propel Inventive’s…
Redaptive, a trailblazer in the Energy-as-a-Service (EaaS) sector, has announced a significant $100 million equity investment from the Canada Pension Plan Investment Board (CPP Investments). This strategic funding is set to accelerate Redaptive’s expansion, enhance its service offerings, and support a burgeoning clientele in their pursuit of net-zero emissions goals. The urgency for decarbonization has…
In an industry often overlooked by the tech world, Chicago‑based CurbWaste — the “operating system for independent waste haulers” — has raised US$28 million in a Series B funding round, bringing its total capital raised to US$50 million. The round is led by Socium Ventures (backed by Cox Enterprises) with participation from Flourish Ventures, TTV Capital, B Capital Group and quantitative investor Squarepoint. Founded…
In a significant move poised to revolutionize restaurant marketing, Boostly has announced the successful completion of a $5.6 million seed funding round. This investment was spearheaded by Trestle Partners and includes contributions from Relish Works, Singularity Capital, and Y Combinator. The funds are set to propel Boostly’s mission of equipping restaurants with cutting-edge tools to…
Stockify Fintech, a dynamic player in India’s fintech landscape, has announced bold expansion plans with the unveiling of a new office in Kolkata, slated to commence operations in July 2024. This strategic move aims to fortify Stockify’s foothold in eastern India, aligning closely with its ambitious revenue target of $20 million for the current fiscal…
Thoughtful AI, a frontrunner in AI-powered revenue cycle automation, has marked a significant leap forward with the introduction of groundbreaking AI Agents designed to revolutionize healthcare revenue cycle management (RCM). The company also announced the successful closure of a $20 million Series A funding round led by Nick Solaro of Drive Capital, with participation from…
Halo Industries, Inc., a pioneer in laser manufacturing technology for the semiconductor sector, has successfully closed its oversubscribed Series B funding round, securing up to $80 million. The round was led by Thomas Tull’s U.S. Innovative Technology Fund (USIT), alongside investments from 8VC and SAIC. This substantial funding infusion will accelerate Halo Industries’ efforts to…
In a significant influx of capital, Peregrine Energy Solutions (headquartered in Boulder, Colorado) has secured US$130 million to accelerate its utility‑scale battery storage pipeline across the United States. The funding round draws on a diverse international consortium, including the Ministry of Environment, Republic of Korea, IMM Investment, Woori Private Equity Asset Management and investment funds managed…
A new wave of hope is washing over the oncology field with Myricx Bio’s impressive £90 million ($114 million) Series A funding. This UK biotech company, unlike its peers, isn’t taking an incremental step forward. Instead, they’re wielding a whole new weapon in the fight against cancer: N-Myristoyltransferase inhibitor (NMTi) antibody-drug conjugates (ADCs). The significance…
