REMspace, a pioneering neurotechnology firm dedicated to advancing the practice of lucid dreaming, has successfully closed a $1 million seed funding round. The investment, raised from prominent lucid dreaming practitioners and enthusiasts across Europe, positions REMspace to accelerate its mission of making lucid dreaming accessible on a global scale. Led by CEO Michael Raduga, REMspace…
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…
webAI, an Austin-based leader in AI innovation, has announced a significant milestone in its mission to revolutionize artificial intelligence with the completion of a $60 million Series A funding round. This pivotal investment underscores the growing momentum behind webAI’s vision to democratize AI and enhance its accessibility for enterprises worldwide. The fresh capital injection brings…
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 leap forward for cardiovascular care, Brightflow SAS has successfully raised €16.5 million in Series A funding. This impressive round of equity investment is set to propel the company’s groundbreaking efforts in developing a minimally invasive solution for end-stage heart failure. Based in France, Brightflow SAS is at the forefront of innovation in…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
Subaru of America, Inc. (SOA) has appointed three new executives to its leadership team: Aurelian Sin as Vice President and Chief Information Officer (CIO), Tim Stallings as Vice President of Retailer Development, and Theresa Zohlman as Vice President and Chief Financial Officer (CFO). Aurelian Sin, formerly Vice President of IT at Tenneco, brings extensive global…
In a significant move poised to reshape Europe’s tech landscape, Balderton Capital, the London-based venture capital firm, has announced a monumental $1.3 billion (€1.1 billion) investment package. The firm will deploy this capital through its newly established Early Stage Fund IX, raising $615 million (€563 million), and Growth Fund II, which garnered $685 million (€627…
Permia Sensing, an innovative agritech startup and spinout from Imperial College London, has successfully secured £150,000 in funding from the British Design Fund. This investment will accelerate the deployment of Permia Sensing’s cutting-edge precision farming technologies, which leverage IoT, AI, sensors, and robotics to transform palm plantation management. Permia Sensing is at the forefront of…
FP Markets, a leading global multi-asset Forex and CFD broker, has once again solidified its position at the forefront of the industry by clinching two prestigious accolades at the Global Ultimate Fintech (UF) Awards 2024. Recognized for ‘Most Transparent Broker’ and ‘Best Trading Conditions’ for the second consecutive year, FP Markets extends its winning streak…
