In a significant stride towards enhancing customer communication efficiency, Swedish martech startup Hypertype has successfully closed a SEK 7 million funding round led by Butterfly Ventures and Bust. Founded in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype specializes in AI-driven solutions that streamline and automate customer interactions, aiming to optimize response times and service…
Estonian cybersecurity startup Patchstack has successfully raised $5 million in a Series A funding round aimed at enhancing its open-source security solutions. This round, led by Karma Ventures, saw participation from G+D Ventures and Emilia Capital, the investment firm established by Yoast founders Marieke van de Rakt and Joost de Valk. This funding follows a…
Exein, a Rome-based cybersecurity firm specializing in embedded Internet of Things (IoT) devices, has marked a significant milestone with the announcement of €15 million in Series B funding. The round, led by cybersecurity and infrastructure software specialist 33N, positions Exein to redefine global standards in device-level security. Unlike traditional cybersecurity approaches that focus on network…
Pan Cancer T B.V., a pioneering biotech firm based in Rotterdam, the Netherlands, has successfully concluded a Seed Extension round, securing €4.25 million. This investment round includes participation from new investor InnovationQuarter, alongside continued support from existing backers such as Van Herk Ventures, Thuja Capital, Swanbridge Capital, and Erasmus MC O&O Holdings, bringing Pan Cancer…
Axiad IDS, Inc., a leader in identity-first security solutions, has successfully raised $25 million in its latest funding round led by Invictus Growth Partners. This new capital, which elevates Axiad’s total funding to $45 million, will accelerate the company’s growth by driving product innovation, expanding its team, enhancing sales and marketing efforts, and advancing towards…
Nium, a trailblazer in real-time cross-border payments, has elevated Spencer Hanlon to the role of Chief Operating Officer (COO). Hanlon, who previously led Nium’s Global Travel division, joins the executive ranks to steer the company through its next phase of growth and operational excellence. Hanlon’s journey at Nium began in 2021 following the acquisition of…
LunchTable, previously known as Inphlu, announces a successful $2.4 million seed financing round. Led by JumpStart Ventures and joined by notable participants including Cintrifuse Capital and Black Tech Nation Ventures, this funding underscores LunchTable’s commitment to transforming passive sports spectators into vibrant, engaged advocates. The company, now rebranded as LunchTable, epitomizes community and camaraderie among…
The Cox Science Center and Aquarium (CSCA) proudly announces the appointment of Eric Stonestrom as its new Board Chair, effective immediately following the retirement of Lew Crampton. Stonestrom, a distinguished technology executive with a deep-rooted passion for sciences, brings over 40 years of expertise in telecommunications to his new role. “Eric’s appointment marks an exciting…
Cognigy, a pioneer in AI-driven customer service solutions, proudly announces its consecutive victory in the prestigious AI Breakthrough Awards 2024, clinching the title of “Best Natural Language Understanding Solution” for the second year running. Hosted by AI Breakthrough, a leading market intelligence firm, the annual awards program recognizes outstanding achievements in artificial intelligence across various…
In a significant boost for digital inclusivity among seniors, Family.cards, a burgeoning healthtech startup, has announced the successful closure of a €1.2 million seed funding round. The investment was led by Brandenburg Kapital and OHA Osnabruck Healthcare 7 Ventures, with participation from existing backers, Antler and Birdhouse. Founded in 2022 by Teo Ortega and Simon…
