Kimmeridge, an influential alternative asset manager in the energy sector, has appointed David Lawler as Chief Executive Officer of its affiliate, Kimmeridge Texas Gas (“KTG”). With over 30 years of distinguished experience in the energy industry, Mr. Lawler assumes leadership at KTG, tasked with advancing its vision to become a leading provider of LNG from…
In a significant advancement for the electric vehicle (EV) landscape, DeepDrive, a cutting-edge electric motor technology company, has successfully raised €30 million in a Series B funding round. This round was spearheaded by Leitmotif, an independent venture capital firm dedicated to decarbonization efforts across the U.S. and Europe, with notable participation from existing investors including…
Paris, renowned for its burgeoning AI startup ecosystem, is witnessing a pivotal moment as Poolside.ai prepares to raise a significant $400 million funding round, marking a transformative leap for the company and solidifying the city’s pivotal role in advancing AI technologies across Europe. Specializing in generative AI aimed squarely at enhancing software development, Poolside.ai stands…
Knack, a student‑success platform that enables higher‑education institutions to manage and expand peer‑learning programs, has closed a Series B round led by New Markets Venture Partners (NMVP), and simultaneously appointed Megan Dusenbery as Chief Executive Officer, while founder Samyr Qureshi transitions to Executive Chairman of the Board. Founded in 2015, Knack has partnered with major institutions—such as Fordham University, Northeastern University, the University of Florida…
In a significant development for the AI and logistics sector, Belgian startup Timefold has successfully raised €6 million in funding, spearheaded by investment firm Lakestar and supported by earlier seed investor Smartfin. This infusion of capital aims to accelerate the growth of Timefold’s innovative planning optimization platform, which seeks to streamline scheduling for businesses and…
In a significant leap forward for the AI audio transcription industry, Gladia has announced the successful completion of a $16 million Series A funding round. This infusion of capital will propel the company’s mission to evolve from a speech-to-text API provider to a comprehensive audio infrastructure leader, catering to diverse applications such as contact center…
In a fresh chapter for creator-driven commerce, ShopMy, the curated commerce infrastructure company, has secured $70 million in a funding round led by Avenir, bringing its valuation to $1.5 billion. This capital injection, bolstered by heavyweight investors including Bain Capital Ventures, Bessemer Venture Partners, Menlo Ventures, and notable individual backers like Sofia Richie and Aimee…
In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…
In a groundbreaking move poised to redefine the landscape of quantum computing, IQM Quantum Computers (IQM) proudly inaugurated its inaugural quantum data center in Munich, Germany. This state-of-the-art facility marks a pivotal moment for IQM, positioning it at the forefront of global quantum technology advancements. Strategically located in Munich, the heart of Europe’s technological innovation,…
Endogenex, a pioneering clinical-stage medical device company dedicated to transforming diabetes care, has successfully closed an oversubscribed Series C financing round, raising a remarkable $88 million. This substantial funding boost will propel the company towards completing its pivotal ReCET Clinical Study, a critical step in bringing their innovative ReCET™ System to market for patients suffering…
