Oslo-based SaaS startup Cardboard has announced a significant milestone with its recent seed funding round, securing €1.9 million to enhance its subscription management solutions across Europe. The investment was spearheaded by Skyfall Ventures, with additional support from RunwayFBU and Sondo. This infusion of capital will enable Cardboard to expand its presence into the Swedish and…
Clear Street, a leading cloud-native financial technology firm dedicated to modernizing the brokerage ecosystem, has announced a strategic agreement to acquire Instinet’s Fox River algorithmic trading business. This acquisition marks a significant step for Clear Street in enhancing its electronic trading capabilities across US and Canadian equities, catering specifically to both buy-side and sell-side clients,…
Nium, a trailblazer in real-time cross-border payments, has elevated Spencer Hanlon to the role of Chief Operating Officer (COO). Hanlon, who previously led Nium’s Global Travel division, joins the executive ranks to steer the company through its next phase of growth and operational excellence. Hanlon’s journey at Nium began in 2021 following the acquisition of…
In a significant stride towards enhancing the accessibility of electric vehicle (EV) charging infrastructure across the UK, Manchester-based Be.EV has successfully secured £55 million in debt financing from NatWest and KfW IPEX-Bank. This funding marks a pivotal moment for Be.EV, known as the UK’s fastest-growing EV charging network, which has swiftly expanded from its roots…
Arcadia Finance, a pioneering litigation funding firm specializing in commercial litigation and arbitration, announced its official launch today with a robust commitment of over $100 million in investment capital. Founded by seasoned veterans David Kerstein, Ronit Cohen, and Joshua Libling, Arcadia aims to revolutionize the legal financing landscape with customized solutions and extensive industry experience….
Movandi, a pioneer in advanced RF and millimeter-wave (mmWave) infrastructure, has just secured $40 million in strategic funding to accelerate the deployment of next-generation connectivity across terrestrial and non-terrestrial networks. The round was anchored by a $20M investment from ITHCA Group, Oman’s sovereign-backed technology investor, with co‑investment from Phaistos Investment Fund, VT Alliance, Murata, and…
Active Membranes, a trailblazer in desalination technology known for its innovative electrically-conducting membranes, has successfully closed its initial round of Seed Funding aimed at advancing its groundbreaking water purification solutions. The investment will fuel further corporate expansion, technology scaling, and the execution of extended field pilot tests, supported in part by various US federal and…
In a significant move poised to reshape the Web3 landscape, Validation Cloud, a frontrunner in Web3 data and AI solutions, has announced a $10 million investment from True Global Ventures. This funding will accelerate the development of Validation Cloud’s innovative AI platform, facilitating seamless access to Web3 data and enhancing user experiences across decentralized ecosystems….
Finaloop Raises $35 Million in Series A Funding to Revolutionize Ecommerce Accounting with AI Finaloop, an AI-driven accounting platform catering to ecommerce, has secured $35 million in its Series A funding round, setting its sights on transforming financial management for online businesses. The round was led by Lightspeed Venture Partners, with participation from new investors…
Unlimited Industries, a California-based AI-native construction company, has successfully closed a $12 million seed funding round co-led by top-tier venture firms Andreessen Horowitz (a16z) and CIV. The capital injection is aimed at accelerating the deployment of Unlimited Industries’ proprietary AI platform, designed to dramatically reduce costs and construction timelines for critical U.S. infrastructure. The investment…
