Cubbit, an innovative force in geo-distributed cloud storage solutions, has successfully raised $12.5 million in its latest funding round, co-led by prominent investors LocalGlobe and ETF Partners. This funding marks a significant milestone for the Italian company as it advances its mission to redefine data management across global industries. In a data-driven era where the…
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…
Menlo Ventures, a renowned venture capital firm known for its strategic investments, has teamed up with Anthropic, a leader in AI safety and research, to introduce the Anthology Fund—a transformative $100 million initiative. This collaborative effort aims to propel the development of cutting-edge AI applications and infrastructure solutions, leveraging Anthropic’s advanced technology and AI models….
In a groundbreaking initiative aimed at revolutionizing construction permitting, GreenLite has successfully closed a Series A funding round, raising $28.5 million. This funding, led by Craft Ventures and supported by 53 Stations, Trust Ventures, and LiveOak Ventures, will empower GreenLite to enhance its technology platform and expand its innovative Private Plan Review service. Launched in…
Treble, an innovative Icelandic firm specializing in sound simulation and synthetic audio data, has successfully raised €11 million in a Series A funding round. This investment, led by KOMPAS VC, marks a pivotal moment for the company, which aims to redefine how sound is integrated into various industries, from architecture and automotive to immersive technology…
In a groundbreaking move set to redefine the future of satellite connectivity, French spacetech startup Skynopy has announced a significant funding milestone. Securing $3.1 million in a recent investment round, cementing its position as a formidable player in the burgeoning space industry. The funding round saw enthusiastic participation from prominent investors including Heartcore Capital, Kima…
In a remarkable advancement for sustainable biopharmaceuticals, Belgian company Bio-Sourcing has successfully secured €12.5 million from the European Innovation Council (EIC) Accelerator. This funding comprises €2.5 million in grants and €10 million in equity, aimed at enhancing the company’s innovative BioMilk platform, which is poised to redefine the production of biotherapeutics, particularly monoclonal antibodies. The…
Kano Therapeutics, a forward-thinking biotechnology firm emerging from MIT, has announced the successful closure of a $7.1 million funding round, underscoring its potential to reshape the landscape of genetic medicine. This financing includes an oversubscribed $5 million seed round co-led by The Engine Ventures and VSquared Ventures, with additional support from Taihill Venture and Metaplanet….
OCON Therapeutics, a pioneer recognized by the World Economic Forum for its advancements in drug delivery, has announced a significant milestone with the completion of a $10 million investment round led by RH Capital. This funding marks a pivotal moment for OCON as it accelerates efforts to redefine the standard of care in women’s health…
Standard Bots, a trailblazer in robotics automation, has successfully raised $63 million in a Series B funding round. This latest round, spearheaded by General Catalyst with notable contributions from the Amazon Industrial Innovation Fund and Samsung Next, marks a significant milestone for the company as it gears up to expand its innovative solutions across American…
