Tekion, a pioneer in cloud-native solutions for the automotive retail sector, has announced a significant milestone with the securing of $200 million in growth equity from Dragoneer Investment Group. This latest infusion of capital elevates Tekion’s valuation to over $4 billion, underscoring its position as a leader in transforming the traditional automotive retail landscape. Founded…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
In a significant advancement for surgical technology, SURGAR, a French startup specializing in augmented reality (AR) solutions for minimally invasive surgery, has successfully closed an €11 million funding round. This investment marks a pivotal moment for the company as it seeks to transform the landscape of surgical procedures through innovative technology. SURGAR’s cutting-edge AR software…
Mumbai-based clean-tech startup Exposome, founded in 2020 by Dr. Prerna Goradia, has raised $3 million in a Pre-Series A funding round to accelerate its expansion of regenerative filtration solutions for industrial and municipal air and water treatment. The round was led by Colossa WomenFirst Fund, with significant participation from Thermax Limited, a leader in energy…
Varsity Brands, a leader in sport and spirit experiences, proudly welcomes Lisa Olivieri as its inaugural Chief Security Officer (CSO). With a distinguished career spanning roles such as Global Head of Safety and Security at Wayfair and leadership in the United States Secret Service, Lisa Olivieri brings over two decades of expertise in law enforcement…
Rare Beauty Brands, in collaboration with JCPenney, announces the inaugural LIFT Beauty Accelerator program aimed at empowering female-identifying founders from Black and Brown communities within the beauty industry. This initiative, supported by prestigious sponsors including Black Beauty Collective and Black Girl Ventures, seeks to foster innovation and inclusivity by offering financial grants, retail opportunities, and…
In the often-overlooked world of vascular intervention, where small vessels dictate the success of life-sustaining treatments, VentureMed Group is betting that smarter engineering can deliver better outcomes. The Minneapolis-based medical device company has raised $28 million in Series C funding, led by S3 Ventures, with continued participation from Endeavour Vision and other existing backers. The…
LillianCare, a trailblazing healthcare innovator based in Berlin, has successfully closed a €1.5 million extension funding round aimed at revolutionizing primary care delivery in Germany’s underserved regions. The investment underscores robust investor confidence in LillianCare’s mission to combat the nation’s critical shortage of physicians through its pioneering hybrid care model. Renewed Support from Key Investors…
Kandji, the pioneering platform for Apple endpoint management and security, has announced a significant milestone with the closing of an $100 million funding round led by General Catalyst. This financing includes $50 million for equity in Series D and an equal amount dedicated to bolstering go-to-market strategies. The infusion propels Kandji’s valuation to $850 million,…
Datch, a pioneer in AI technology for industrial sectors, announced today the closing of a $15 million Series A extension round led by Third Prime. This significant investment coincides with the launch of Datch’s groundbreaking new product, Asset Insights. Datch empowers frontline workers in manufacturing, energy, and utilities with cutting-edge AI solutions. Their technology addresses…
