Route, the forefront innovator in post-purchase solutions, has announced a significant milestone today with the closing of a $40 million Series C funding round, elevating its valuation to an impressive $1.4 billion. The financing, led by Hanaco VC and bolstered by JAWS Ventures, Madrona Ventures, and Granger, underscores Route’s pivotal role in reshaping the global…
Micruity, Inc., a leader in financial technology infrastructure for retirement solutions, has announced the successful closure of a $5.0 million funding round aimed at expanding support for accumulation annuities and non-guaranteed income products on its platform. This strategic investment underscores Micruity’s commitment to revolutionizing retirement planning by bridging the gap between savings accumulation and sustainable…
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…
In a bold move to enhance its market position, Apono, a leader in privileged access solutions for cloud environments, has announced key appointments to its executive team. Dan Parelskin joins as Senior Vice President of Sales, and Stephen Lowing is appointed Vice President of Marketing. These strategic hires come on the heels of Apono’s successful…
In a significant move poised to reshape the life and annuity (L&A) insurance technology landscape, Zinnia, a leading innovator in the sector, has successfully raised $300 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding marks a pivotal moment for Zinnia, enabling it to accelerate its market penetration…
Clear Street, a leading cloud-native financial technology firm dedicated to modernizing the brokerage ecosystem, has announced a strategic agreement to acquire Instinet’s Fox River algorithmic trading business. This acquisition marks a significant step for Clear Street in enhancing its electronic trading capabilities across US and Canadian equities, catering specifically to both buy-side and sell-side clients,…
In a remarkable advancement for sustainable biopharmaceuticals, Belgian company Bio-Sourcing has successfully secured €12.5 million from the European Innovation Council (EIC) Accelerator. This funding comprises €2.5 million in grants and €10 million in equity, aimed at enhancing the company’s innovative BioMilk platform, which is poised to redefine the production of biotherapeutics, particularly monoclonal antibodies. The…
In a significant boost for the European clean technology sector, Reonic, a pioneering climate tech SaaS startup, has successfully raised €13 million in its Series A funding round. The investment, led by Northzone, includes contributions from existing backers Point Nine and Puzzle Ventures. Founded in Augsburg, Bavaria in 2021 by Tristan Menzinger, Lars-Manuel Schneider, and…
Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…
In a significant development for the telecommunications sector, Constellation Technologies & Operations has successfully raised €9.3 million in funding to support its ambitious plan for satellite internet connectivity. Founded in 2022 by Charles Delfieux, the startup is on a mission to enable telecom operators to provide high-speed, low-latency internet from space, with a focus on…
