Myolex, Inc., a pioneering company in muscle health assessment technology, has been awarded a grant of up to $2.2 million from the National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS) of the National Institutes of Health (NIH). This Direct-to-Phase 2 Small Business Innovation Research (SBIR) grant will advance Myolex’s electrical impedance myography (EIM)…
Wallbox a trailblazer in smart electric vehicle (EV) charging and energy management solutions, has announced a significant strategic investment of $45 million. This round of funding is spearheaded by Generac Power Systems, Inc. (NYSE: GNRC), a prominent global player in energy technology, which contributes $35 million to this substantial investment. This latest infusion of capital…
In a significant leap forward for the tech landscape, Platformatic, the innovative Italian startup specializing in cloud-native Node.js application solutions, has successfully raised $4.3 million in its latest seed funding round. This funding will empower the company to enhance its offerings and address the multifaceted challenges associated with backend development in distributed systems. Node.js has…
Cheshire-based PortSwigger, a distinguished provider of application security software, has announced a significant milestone with the securing of €104.7 million in funding from Brighton Park Capital, renowned for its investments in growth-stage technology and software enterprises. This substantial infusion of capital marks PortSwigger’s first external investment, earmarked to accelerate its expansion and innovation initiatives within…
Cadana, a trailblazing global payroll technology firm focused on emerging markets, has announced a significant milestone with the closing of a $7.4 million funding round. Led by Costanoa Ventures and supported by Better Tomorrow Ventures and 500 Startups, this investment underscores Cadana’s pivotal role in transforming payroll infrastructure across 32 countries, including Nigeria, Ghana, Brazil,…
Quantum Innovations, a trailblazing medtech startup based in Warsaw, has successfully raised nearly €10 million (PLN 41 million) in its latest funding round dedicated to advancing cardiac surgery technology. The investment was led by Vinci IQ ASI, a fund managed by Vinci S.A., with participation from existing investor MedTech Holding. Led by renowned physician and…
In a groundbreaking move, Climate X, the pioneering climate risk intelligence company, has successfully raised $18 million in a Series A investment round. Spearheaded by GV (formerly Google Ventures), this funding aims to accelerate the global expansion of Climate X and further empower leading financial organizations to accurately assess the impact of climate change on…
Subaru of America, Inc. (SOA) has appointed three new executives to its leadership team: Aurelian Sin as Vice President and Chief Information Officer (CIO), Tim Stallings as Vice President of Retailer Development, and Theresa Zohlman as Vice President and Chief Financial Officer (CFO). Aurelian Sin, formerly Vice President of IT at Tenneco, brings extensive global…
In a landmark moment for Scotland’s burgeoning biotech scene, uFraction8, a trailblazing engineering firm based in Falkirk, has clinched a £3.4 million investment to propel its cutting-edge microfiltration technology onto the global stage. The funding round, spearheaded by the visionary Foresight Group, marks a resounding vote of confidence in uFraction8‘s mission to revolutionize bioprocessing with…
CereTax, the pioneering force in sales and use tax automation, has announced a transformative $9 million financing round led by S3 Ventures, accompanied by Wild Basin Investments and Leaders Fund. CereTax has redefined the landscape of sales tax solutions, merging cutting-edge cloud technology with a client-centric approach led by experts in indirect tax. Unlike outdated…
