In a transformative move poised to reshape app development dynamics, Polish-founded startup Proofs has secured $2.6 million in a pre-seed funding round led by Earlybird Venture Capital. This strategic investment, which also includes participation from Expeditions Fund, Step Function Ventures, RTP Global, and esteemed angel investors, underscores Proofs’ pivotal role in accelerating innovation at the…
Semrush Holdings, a global leader in online visibility management, has announced its acquisition of Ryte, a prominent Munich-based SaaS company known for its expertise in optimizing website user experience. This strategic move marks a significant expansion for Semrush, further strengthening its capabilities in SEO and digital marketing solutions. Founded in 2012, Ryte has made a…
Gendo, a pioneering generative AI platform tailored for architects, has secured $1.1 million in funding and unveiled its innovative technology to the world. Founded by architectural designer George Proud and software engineer Will Jones, Gendo emerges from stealth mode with a mission to transform architectural design processes through AI-driven visualizations. Traditional methods of creating architectural…
In a landmark development for the quantum computing industry, Quantum Source has successfully closed a $50 million Series A funding round. The investment, spearheaded by Eclipse, was also supported by prominent investors including Standard Investments, Level VC, Canon Equity, as well as existing backers Pitango First, Grove Ventures, 10D, and Dell Technologies Capital. This latest…
The European space industry has received a momentous boost with the announcement of a substantial €170 million investment fund by Alpine Space Ventures. This venture capital firm, led by industry veterans Bulent Altan and Joram Voelklein, aims to catalyze the next wave of innovation in space technology across Europe. Alpine Space Ventures’ strategic focus is…
A new wave of hope is washing over the oncology field with Myricx Bio’s impressive £90 million ($114 million) Series A funding. This UK biotech company, unlike its peers, isn’t taking an incremental step forward. Instead, they’re wielding a whole new weapon in the fight against cancer: N-Myristoyltransferase inhibitor (NMTi) antibody-drug conjugates (ADCs). The significance…
Loci Orthopaedics Ltd, a pioneering orthopaedic medical device company, has successfully concluded a Series A financing round with €12.8 million, oversubscribed and led by prominent investors Seroba, Johnson & Johnson Innovation, JJDC, Inc., and the European Innovation Council (EIC) Fund. This funding marks a significant milestone for Loci Orthopaedics as it accelerates the development and…
HeyGen, a pioneering AI startup based in Los Angeles, has secured $60 million in its latest funding round, valuing the company at an impressive $500 million. The round was led by Benchmark, with notable participation from Conviction, Thrive Capital, and Bond Capital. Victor Lazarte from Benchmark will be joining HeyGen’s board as part of the…
Complete Solar, Inc. (“Complete Solar” or the “Company”), a Nasdaq-listed leader in solar technology and services, announced a significant boost to its financial resources with a $10 million investment from StarCharge, a prominent player in Asia’s digital energy sector. The investment, structured as a convertible debenture, marks a strategic move by StarCharge to deepen its…
Revolv, a prominent provider in electric commercial fleets, has announced securing a significant funding milestone through CALSTART’s EnergIIZE program. The initiative aims to accelerate the transition of California corporations from combustion to electric fleets by covering 70% of the total charging infrastructure costs. This latest grant underscores Revolv’s pivotal role in facilitating access to critical…
