Trio Mobil, an innovator in AI and IoT solutions for workplace safety and efficiency, has announced a significant $26.5 million in growth financing led by NewSpring Growth. The funding round also saw participation from 212 and TIBAS Ventures. This substantial investment will propel Trio Mobil’s mission to enhance safety and operational efficiency across global industries….
A beacon of hope emerged in the fight against cancer this week, as Spotlight Medical, a pioneering French startup, announced securing €6.2 million in seed funding. This significant investment, led by renowned healthcare innovation firms Kurma Partners and Heal Capital, propels the company’s mission to transform cancer treatment through the power of artificial intelligence (AI)….
Longeveron Inc, a leading biotechnology company specializing in regenerative medicine, has successfully raised $4.4 million through a warrant exercise transaction aimed at accelerating its innovative cellular therapies. This funding initiative, overseen by H.C. Wainwright & Co. as the exclusive placement agent, marks a pivotal step in Longeveron’s mission to combat rare and chronic aging-related conditions….
In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…
Amsterdam-based Aquablu, the pioneer in smart hydration solutions, has successfully closed a €7 million Seed funding round aimed at accelerating its international growth, expanding research and development, and enhancing automation across its smart water dispenser platform. This milestone funding round was notably led by Frans van Houten, former CEO of Philips, who made a memorable…
In a significant move for the financial services sector, challenger credit bureau Infact has successfully raised £4 million in a Seed funding round, buoyed by the recent authorization from the Financial Conduct Authority (FCA). This funding aims to develop a real-time credit bureau tailored for the evolving digital financial landscape. Led by AlbionVC, with contributions…
Sila, the forefront innovator in battery materials, has announced a significant milestone with the closing of its Series G funding round, raising a staggering $375 million. This latest round was spearheaded by stalwart investors Sutter Hill Ventures and funds and accounts advised by T. Rowe Price Associates, Inc., alongside enthusiastic participation from existing investors including…
Sora Fuel, an innovative startup specializing in sustainable aviation fuel (SAF), has successfully closed an oversubscribed $6 million seed funding round. The investment was led by The Engine Ventures, with additional backing from Wireframe Ventures and other prominent investors. This funding will enable Sora Fuel to expand its Boston-based team, forge commercialization partnerships, and advance…
Formerly known as Climax Foods, the innovative food technology company today announced its rebranding as Bettani Farms, alongside a $6.5 million initial close of its Series A funding round led by S2G Investments. The company also appointed Sandeep Patel, ex-CFO of Califia Farms and seasoned food industry leader, as its new CEO and Chairman. These…
Noze, the innovative leader in breath-based diagnostic technology, has secured a transformative $5 million equity investment from the Bill & Melinda Gates Foundation. This groundbreaking funding is notable as it represents the Gates Foundation’s inaugural equity investment in a Canadian enterprise. The new investment, part of an extended funding round, builds on previous grants totaling…
