In a landmark move for the financial technology landscape, Rogo, a pioneering secure enterprise AI platform tailored for finance professionals, has successfully closed an $18.5 million Series A funding round. This round, spearheaded by Khosla Ventures, also saw participation from notable investors including Mantis VC, Jack Altman (CEO of Lattice and founder of Altman Capital),…
A beacon of innovation has emerged from the serene shores of Lugano, as InVirtuoLabs secures €2.85 million in its inaugural funding round. This Swiss biotech pioneer, dedicated to reshaping the future of pharmaceuticals, is set to harness artificial intelligence to slash the staggering costs and timelines that have long burdened drug development. With this capital,…
In a significant boost to cancer research and drug development, MEDiC Life Sciences, a pioneering functional genomics startup based in Silicon Valley, has announced a strategic investment of $5 million from industry giants LG and Hanmi Pharmaceutical. This funding precedes MEDiC’s anticipated Series A funding round later this year and is aimed at accelerating the…
Gendo, a pioneering generative AI platform tailored for architects, has secured $1.1 million in funding and unveiled its innovative technology to the world. Founded by architectural designer George Proud and software engineer Will Jones, Gendo emerges from stealth mode with a mission to transform architectural design processes through AI-driven visualizations. Traditional methods of creating architectural…
Ephos, an innovative leader in glass-based photonic chip technology, has successfully secured $8.5 million in a seed funding round aimed at establishing a groundbreaking research and manufacturing facility in Milan. This initiative, supported by NATO’s Defence Innovation Accelerator (DIANA) and the European Union, marks a pivotal moment in the evolution of quantum and light-based computational…
GrayMatter Robotics, a trailblazer in AI-powered robotics solutions for manufacturing challenges, announced today the successful closure of a $45 million Series B funding round. Led by Wellington Management and supported by NGP Capital, Euclidean Capital, and other prominent investors, this funding round propels GrayMatter’s total raised capital to $70.4 million, reinforcing its position as a…
In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…
Antora Energy, a pioneering force in zero-emissions industrial heat and power solutions, has been awarded up to $14.5 million by the Department of Energy’s ARPA-E program. This funding, facilitated through the SCALEUP initiative, aims to accelerate the deployment of Antora’s innovative combined heat and power thermal battery product. Following earlier support from ARPA-E, this capital…
Pryzm Dynamics Inc., a pioneer in streamlining government procurement, has announced a successful $2 million seed funding round. The funding was co-led by XYZ Venture Capital, known for its early backing of Anduril, and Amplify.LA, with additional participation from First In and a select group of strategic investors. This infusion of capital will accelerate the…
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…
