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…
CarCloud, a pioneering UK startup dedicated to transforming car finance management, has successfully concluded its Seedrs investment round with an impressive £425,000 raised, surpassing its initial target of £325,000. This achievement has elevated the company’s post-money valuation to £6.82 million, following meticulous due diligence overseen by Seedrs. CarCloud addresses a pressing financial concern among UK…
In a groundbreaking move for sustainability in fashion, Retraced, a leading platform for supply chain digitization and traceability, has successfully closed a €15 million Series A funding round. This round, spearheaded by Partech, a prominent European tech investment firm, also saw contributions from existing investors including Alante Capital, Alstin Capital, Samaipata, and F-Log Ventures. Retraced’s…
Adaptive, a pioneering financial automation platform dedicated to transforming financial management in the $2 trillion construction industry, announced the successful closure of a $19 million Series A funding round on Monday. This significant investment, led by Emergence Capital and joined by Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram, propels Adaptive towards scaling…
PLATMA, an innovative force in the no-code development space, has successfully secured $2 million in pre-seed funding to further advance its AI-powered platform. The Ukrainian-origin startup, which is now valued at $20 million, is setting new standards in the industry by translating natural language directly into functional code. The core of PLATMA’s technology lies in…
Alosant, a trailblazer in customer experience technology for master-planned communities, proudly announces the completion of its Series A funding round, spearheaded by Greg Avis, co-founder and former Managing Director of Summit Partners. This pivotal development, combined with strategic leadership appointments, positions Alosant for significant growth and innovation in the proptech sector. Greg Avis, now Managing…
Pearl Health, a pioneering force in democratizing healthcare access through innovative software and services, celebrates CEO and co-founder Michael Kopko’s recognition as an EY Entrepreneur Of The Year® 2024 New York Award winner. Ernst & Young LLP (EY US) bestowed this prestigious accolade upon Kopko in acknowledgment of his transformative leadership and Pearl Health’s impactful…
Heimdall Power, a pioneering technology firm specializing in power grid optimization, has secured $25 million in its Series B funding round. This milestone investment, co-led by international energy giant Orlen and Nordic cleantech fund NRP Zero, alongside the Steinsvik Family Office, underscores Heimdall Power’s pivotal role in enhancing transmission capacity across aging power infrastructures worldwide….
AquaBattery, an innovative startup born from Imperial College London, has achieved a significant milestone with a €6 million seed investment round aimed at propelling its groundbreaking flow battery technology. Co-founded by Dr. Jiajun Cen, a visionary Imperial graduate, AquaBattery focuses on developing a sustainable energy storage solution using ordinary salt water. The concept behind AquaBattery’s…
In a significant development for the HR technology sector, Czech-Slovak startup Sloneek has announced a major funding milestone, securing €3.6 million from a consortium of prominent investors. This infusion of capital marks the largest investment to date for the rapidly growing B2B SaaS company, propelling its expansion into Western European markets. Founded with the vision…
