In a pivotal moment for the prediction market industry, Kalshi, the US-based event trading platform, has secured $300 million in its latest funding round, catapulting the company’s valuation to a remarkable $5 billion. This milestone was confirmed by Kalshi’s CEO, Tarek Mansour, in a detailed LinkedIn post, bringing the fintech startup closer to its ambitious…
Orby AI (Orby), a trailblazer in generative AI solutions for enterprise automation, has announced the successful closure of its series A funding round, raising $30 million from prominent investors. Led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with participation from Pear VC, this funding marks a pivotal moment for Orby. The capital infusion…
In a significant boost for the European clean technology sector, Reonic, a pioneering climate tech SaaS startup, has successfully raised €13 million in its Series A funding round. The investment, led by Northzone, includes contributions from existing backers Point Nine and Puzzle Ventures. Founded in Augsburg, Bavaria in 2021 by Tristan Menzinger, Lars-Manuel Schneider, and…
In a significant move for the mobile app development sector, ContextSDK has successfully raised $4 million in Seed funding to enhance its innovative use of Edge AI technology. This breakthrough approach aims to automatically interpret user signals collected from smartphones, allowing applications to adapt to the real-world context of their users while prioritizing privacy. Understanding…
As neurological disorders like Parkinson’s and dementia surge globally, healthcare systems are grappling with the growing challenge of timely diagnosis and sustained patient management. Enter Kneu Health, a precision neurology startup that is redefining how these conditions are monitored and managed—leveraging nothing more than a smartphone and sophisticated AI. With a freshly closed $5.6 million…
In a groundbreaking stride towards revolutionizing material discovery, CuspAI has secured $30 million in a seed funding round led by Hoxton Ventures, with substantial contributions from Basis Set Ventures and Lightspeed Venture Partners. Founded with the bold ambition to redefine how new materials are conceived and optimized, CuspAI stands poised at the forefront of the…
Katara, the innovative platform at the forefront of AI-driven workflow automation, has announced a remarkable $2.2 million in seed funding. The round, spearheaded by Diagram Ventures and Sparkle Ventures, with additional support from StreamingFast and key angel investors, brings the company’s total funding to $2.6 million when including its pre-seed round. The funds will be…
Groq, a frontrunner in the rapidly evolving field of AI inference technology, has successfully closed a $640 million Series D funding round, propelling its valuation to an impressive $2.8 billion. This substantial round was spearheaded by BlackRock Private Equity Partners, with significant contributions from Neuberger Berman, Type One Ventures, and strategic backers including Cisco Investments,…
In a significant move toward enhancing corporate environmental responsibility, Dunya Analytics, a pioneering firm in biodiversity risk assessment, has successfully closed a $1.2 million seed funding round. This funding, spearheaded by Synovia Capital, with contributions from notable investors including KDX and Persei Venture, aims to bolster the company’s innovative digital platform designed to simplify nature-related…
Mosaic Diagnostics, renowned for its innovative approach in personalized, data-driven healthcare diagnostics, proudly announces the appointment of Rob Rebak as its new Chief Executive Officer. With a distinguished career spanning more than three decades in the healthcare industry, Rebak brings a wealth of experience and a proven track record in driving growth, value, and innovation….
