In a decisive leap forward for cloud security, RAD Security, a trailblazing startup in cloud-native threat detection, has clinched $14 million in a Series A funding round announced today. This infusion of capital, led by Cheyenne Ventures and bolstered by a powerhouse lineup including Forgepoint Capital Management, Lytical Ventures, Akamai Technologies Inc., Vertex Ventures Holdings…
In a significant advancement for the electric vehicle (EV) landscape, DeepDrive, a cutting-edge electric motor technology company, has successfully raised €30 million in a Series B funding round. This round was spearheaded by Leitmotif, an independent venture capital firm dedicated to decarbonization efforts across the U.S. and Europe, with notable participation from existing investors including…
Formation Bio, a pioneering force at the intersection of technology and pharmaceuticals, has announced a landmark achievement with the closure of a $372 million Series D financing round. This funding round was led by prominent investors including a16z and Sanofi, with continued support from existing backers such as Sequoia, Thrive, Emerson Collective, and Lachy Groom,…
Evocative, a global provider of Internet infrastructure, has raised debt financing from a leading international investment firm, complementing ongoing equity support from long-term partner Crestline Investors, Inc.. The capital will support Evocative’s continued expansion into key metro markets and enhance its data center, network, cloud, and bare metal offerings, addressing the rising demand for high-density…
In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…
Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP), the pioneering force behind the British electric vehicle brand Zapp, has announced a substantial enhancement in its financial backing to propel the global deployment of its innovative i300 electric urban motorcycle. Under a new standby equity purchase agreement (New SEPA) with an affiliate of Yorkville Advisors Global, LP,…
The European Investment Bank (EIB) has announced a significant €20 million venture-debt financing deal with German medtech innovator Protembis. This funding is set to propel the development of Protembis’ cutting-edge ProtEmbo Cerebral Embolic Protection system, designed to safeguard patients’ brains during catheter-based heart procedures. Protembis, known for its trailblazing approach to medical technology, will utilize…
FINBOURNE Technology has secured a significant milestone with a €65 million Series B funding round led by Highland Europe and AVP, underscoring its pivotal role in revolutionizing investment management solutions worldwide. Following on from a successful £15 million Series A round in 2021, this latest infusion of capital will propel FINBOURNE into its next phase…
Nevis, the AI-driven platform for wealth management, has raised $35 million in a Series A round led by Sequoia Capital, joined by ICONIQ and Ribbit Capital, bringing its total funding to $40 million less than a year after its founding. The funding positions the company to accelerate adoption of its AI tools that streamline operational…
In a pivotal moment for the prediction market industry, Kalshi, the US-based event trading platform, has secured $300 million in its latest funding round, catapulting the company’s valuation to a remarkable $5 billion. This milestone was confirmed by Kalshi’s CEO, Tarek Mansour, in a detailed LinkedIn post, bringing the fintech startup closer to its ambitious…
