In a significant move for the energy safety sector, Safire Technology Group, Inc. has announced the successful completion of an $8 million financing round led by Canaan Partners, marking a pivotal step in the company’s mission to enhance the safety of lithium-ion (Li-ion) batteries across government and automotive markets. This Pre-Series A financing round, which…
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…
opus1.io, a leading provider of end-to-end practice management solutions for lesson and class-based performing arts businesses, announced a significant strategic investment from Five Elms Capital. This funding infusion underscores Five Elms Capital’s confidence in opus1.io’s transformative platform, designed to streamline operations and foster growth within the performing arts sector. Founded by Sam Lellouche, a seasoned…
Copenhagen-based ABH Optics ApS, an innovative spin-off from the Technical University of Denmark (DTU), has successfully raised €1 million in a pre-seed funding round. The investment, led by High-Tech Gründerfonds (HTGF), positions the company to advance its groundbreaking work in developing the world’s thinnest and lightest eyeglass lenses. HTGF’s Senior Investment Manager, Olaf Joeressen, expressed…
Making Space, a pioneering B2B SaaS platform dedicated to enhancing talent acquisition and learning opportunities for disabled individuals, has successfully closed an oversubscribed $2 million pre-seed funding round. Led by Beta Boom and joined by prominent investors including JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars, and others, this funding will…
RevOpsis Therapeutics, a pioneering biopharmaceutical firm at the forefront of developing advanced ophthalmic therapies, has named Ronil Patel as its new Chief Business Officer. Patel brings over 15 years of extensive experience in biotechnology and global business development to his role, effective immediately. In his new capacity, Patel will steer RevOpsis’ global strategy and spearhead…
In one of Europe’s most significant AgTech raises this year, Swiss startup Ecorobotix has closed a €90 million Series D funding round, bringing its total funding to €128 million following its €38 million Series C in 2024. The fresh capital is aimed squarely at scaling its ultra-high precision (UHP) spraying technology and expanding its AI…
Trio Mobil, an innovator in AI and IoT solutions for workplace safety and efficiency, has announced a significant $26.5 million in growth financing led by NewSpring Growth. The funding round also saw participation from 212 and TIBAS Ventures. This substantial investment will propel Trio Mobil’s mission to enhance safety and operational efficiency across global industries….
Quantiphi, a pioneering AI-first digital engineering firm, has once again secured its position among the elite in financial technology innovation with its fourth consecutive recognition by AIFinTech100. This prestigious accolade acknowledges Quantiphi’s steadfast commitment to revolutionizing the financial services landscape through cutting-edge AI technologies. AIFinTech100, renowned for its meticulous selection process led by industry experts…
Kvantify ApS, a trailblazing quantum software start-up based in Copenhagen, has successfully concluded a EUR 10 million seed funding round aimed at unlocking the potential of quantum computing, particularly in the life sciences sector. Led by Danish VC Dreamcraft, alongside biotech investor Lundbeckfonden BioCapital and private investment company 2degrees, this funding infusion underscores Kvantify’s commitment…
