OpenFi, a pioneering London-based conversational AI platform specializing in lead generation and customer nurture, has successfully closed a pre-seed funding round totaling €585k. The investment, spearheaded by Bijan Morvaridi and supported by Fortune Green Capital Ltd and Foundation Ventures Ltd, marks a significant milestone for the company as it accelerates plans for product enhancement and…
Directo, a pioneering Spanish travel technology startup, emerges from stealth mode with a significant milestone: securing $1 million in seed funding for its innovative travel price comparison software. Founded by industry veterans Pierre Becerril, Julian Toledo, Sofia Canepa, and Marina Guastavino, Directo introduces a Chrome extension designed to empower travelers by enabling commission-free comparison of…
Smartville Inc., a pioneering force in EV battery circularity based in Carlsbad, California, proudly announces its partnership with the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) for a transformative $10 million grant under the Long-Duration Energy Storage (LDES) Demonstrations Program’s Second-Life Smart Systems (SMART) project. This substantial funding marks a pivotal step…
Copenhagen’s Contribe, an innovative startup set on transforming the shopping experience, has successfully raised €1 million in funding. This capital injection comes from prominent investors including Rockstart, Human Act Development, EIFO, and notable business figures such as Morten Bæhrenz, Jonatan Hjortdal, and Maria Krogh. Founded in late 2023, Contribe is poised to redefine consumer engagement…
Walnut Insurance, a trailblazer in the insurance distribution sector, has announced the successful closing of a $4.6 million funding round. This investment marks a significant milestone for the company, which aims to revolutionize the industry through its advanced embedded insurance technology platform. The newly acquired capital will be channeled towards scaling Walnut’s innovative solutions, expanding…
In a major step forward for AI-powered healthcare innovation, Vitalis Ventures has announced a $15 million strategic investment in Drive Health, the cutting-edge company behind Avery, a groundbreaking AI platform designed to streamline clinical workflows and enhance patient care. With this infusion of capital, which includes an additional funding tranche slated for Q1 2026, the…
Rhombus, a trailblazer in cloud-managed physical security solutions, has successfully completed a $45 million Series C funding round. The investment was spearheaded by NightDragon, with participation from Bluestone Equity Partners, alongside existing supporters Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures. This latest infusion of capital brings Rhombus’ total funding to over $90…
In a significant move poised to transform the world of sustainable materials, PACT has successfully raised £9 million in a Seed funding round. This capital will accelerate the development of their innovative biomaterials, with a special focus on their flagship product, Oval—a versatile material crafted from natural collagen. Located in the heart of Cambridge, PACT…
In a significant advancement for e-commerce optimization, Optiwise.ai has successfully secured $2.4 million in seed funding to enhance its revolutionary platform designed exclusively for sellers on Walmart Marketplace. This investment comes alongside the launch of Olivia, a cutting-edge GenAI-powered personal assistant tailored to assist both first-party suppliers and third-party sellers in maximizing their product listings…
Good news for the pharmaceutical industry! Modicus Prime, a Texas-based innovator, has secured $3.5 million in Series A funding to revolutionize drug manufacturing with their AI-powered quality control solution, mpVision. This investment, led by Silverton Partners, empowers Modicus Prime to tackle a persistent challenge – ensuring consistent quality and eliminating costly errors during production. Traditionally,…
