Mastercam, a global leader in CAM software solutions, proudly announces the promotion of Nicolas Le Moigne to the role of Chief Revenue Officer, effective June 4. Nicolas, previously serving as Vice President of Sales, brings over two decades of expertise in the CAD/CAM industry to his new position. In his elevated role, Nicolas Le Moigne…
In a significant leap forward for AI-driven industrial technology, UptimeAI has successfully closed a $14 million Series A funding round, spearheaded by WestBridge Capital with key contributions from Emergent Ventures and Aditya Birla Ventures. This latest infusion of capital marks a pivotal moment for UptimeAI, propelling its ambitious expansion across North America and solidifying its…
As merchants begin to view payments less as a fixed cost and more as a programmable growth asset, one startup is arming them with the infrastructure to take back control. San Francisco-based Basis Theory, a developer-first payments infrastructure company, has raised $33 million in Series B funding, positioning itself at the intersection of secure data…
Tread.fi, a trailblazing algorithmic trading infrastructure company, has emerged onto the scene with a groundbreaking approach to institutional crypto trading. The company’s launch coincides with the announcement of a successful $3.5 million pre-seed funding round, marking a significant milestone in its journey to revolutionize the digital asset market. Led by New Form Capital, renowned for…
Oxylus Energy, an innovative player in the clean energy sector, has successfully closed a $4.5 million Series Seed funding round. The investment, co-led by Toyota Ventures and Azolla Ventures, with additional support from Earth Foundry and Connecticut Innovations, marks a significant milestone in the company’s mission to advance green methanol technology. Oxylus Energy is pioneering…
Best Day Brewing, recognized as the fastest-growing non-alcoholic craft beer brand in the United States, has successfully raised a total of $22.5 million in funding this year. This impressive backing from both new and existing investors highlights the burgeoning confidence in the non-alcoholic beverage sector, positioning Best Day Brewing firmly as the leading contender in…
Authentica Solutions, a trailblazer in data integration and intelligence management for the education sector, has announced the successful completion of a $6.2 million Series Seed funding round led by Owl Ventures, the world’s largest venture capital firm focused on EdTech. This funding underscores Authentica Solutions’ commitment to revolutionizing data interoperability and intelligence provisioning across educational…
OpenAI continues its strategic expansion into enterprise solutions with the acquisition of Multi, a startup known for its innovative video-first collaboration platform. This move comes shortly after OpenAI’s acquisition of database tech firm Rockset, signaling a robust M&A strategy aimed at bolstering its capabilities in corporate software solutions. Multi, previously known as Remotion, gained traction…
In a significant advancement for cancer treatment, Brenus Pharma has announced the successful completion of a $25 million Series A financing round, aimed at accelerating the development of its precision cancer vaccines. This round was led by a consortium of French investors, in partnership with Belgian investment funds, and will primarily fund the first Phase…
Monto, an Israeli fintech innovator specializing in AI-driven solutions for B2B payments, has announced the successful closure of a $9 million seed funding round. The funding, spearheaded by Scale Venture Partners and complemented by investments from Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, and Room40 Ventures, marks a pivotal step as Monto transitions from stealth…
