In a landmark moment for ad-tech, San Francisco-based startup AdsGency has secured $12 million in seed funding, led by XYZ Venture Capital, with participation from Streamlined Ventures, HF0 and Hat‑Trick Capital. Founded in 2023, AdsGency is setting out to become the industry’s first agentic ad agency, automating the full performance-marketing workflow using large-language-model powered agents….
Riverlane, a leader in quantum error correction (QEC) technology, has announced a successful Series C funding round, raising $75 million to advance its pioneering QEC roadmap. The round was led by Planet First Partners, with participation from ETF Partners, EDBI, and existing investors Cambridge Innovation Capital (CIC), Amadeus Capital Partners, the UK’s National Security Strategic…
Varicent, a leading provider of sales performance management (SPM) software, has announced a significant strategic investment aimed at accelerating its innovation in the SPM sector. The funding round, led by Warburg Pincus with participation from Great Hill Partners and Spectrum Equity, underscores Varicent’s pivotal role in transforming how businesses optimize their sales operations. Founded on…
A beacon of innovation has emerged from the serene shores of Lugano, as InVirtuoLabs secures €2.85 million in its inaugural funding round. This Swiss biotech pioneer, dedicated to reshaping the future of pharmaceuticals, is set to harness artificial intelligence to slash the staggering costs and timelines that have long burdened drug development. With this capital,…
Autolane, a leading innovator in autonomous vehicle infrastructure, today announced a successful $7.4 million funding round co-led by prominent venture firms Draper Associates and Hyperplane. The capital, which also included participation from LAUNCH and Feld Ventures, is set to accelerate the deployment of Autolane’s groundbreaking curbside operating system. Concurrently, the company is launching its technology…
In a significant move to bolster its enterprise AI offerings, Squirro, a prominent Swiss SaaS platform, has acquired Synaptica, a leading US-based provider specializing in enterprise taxonomy management and knowledge graph systems. This strategic acquisition aims to integrate Synaptica’s advanced semantic graph technology with Squirro’s cutting-edge generative AI capabilities, paving the way for enhanced knowledge…
In a move set to shape the next chapter of commercial spaceflight, Phantom Space Corporation has appointed veteran aerospace engineer and co-founder Chris Thompson as its new President, while he retains his role as Chief Technology Officer (CTO). The strategic leadership shift signals Phantom’s growing momentum in developing scalable, reliable, and cost-effective solutions in launch…
Avassa, a pioneering Swedish edge application management and operations platform provider, has successfully closed a new investment round, welcoming H&M Group as a strategic investor. This collaboration aims to modernize IT operations in brick-and-mortar stores, marking a significant step in the retail sector’s evolution. The advent of edge computing is transforming enterprises by enabling data…
WorkJam, a leader in digital frontline workplace solutions, has announced a successful $20 million investment led by Export Development Canada (EDC). This strategic funding is set to boost WorkJam’s expansion efforts across the EMEA region, where it has recently welcomed major clients like Marks & Spencer and Metro Digital. Steven Kramer, CEO of WorkJam, commented…
Adaptive Security, the preeminent provider of AI-powered social engineering prevention solutions, today announced the successful close of an $81 million Series B funding round. This substantial investment, which follows two previous raises this year, brings the firm’s total capital raised to $146.5 million. The round was led by Bain Capital Ventures and included strategic participation…
