AlphaSense, the renowned market intelligence platform leveraging AI, has finalized its acquisition of Tegus, a prominent provider of expert research and financial data solutions. The acquisition, valued at $930 million, marks a significant milestone for AlphaSense, further bolstered by a newly closed $650 million funding round co-led by Viking Global Investors and BDT & MSD…
Onit, Inc., a trailblazer in AI-driven workflow automation solutions for the legal sector, has elevated Nick Whitehouse to the role of Chief AI Officer. This strategic promotion marks a pivotal moment for Onit as it intensifies its leadership in advancing AI innovations tailored for global legal operations. In his new capacity, Nick Whitehouse assumes responsibility…
In a significant stride towards transforming battery technology, London-based magneto-electrochemistry pioneer, Gaussion, has successfully raised €11M in a Series A funding round. The round was led by Autotech Ventures, a prominent San Francisco-based venture capital firm, with continued support from existing backers BGF and the UCL Technology Fund. Managed by AlbionVC in collaboration with UCL…
Menlo Ventures, a renowned venture capital firm known for its strategic investments, has teamed up with Anthropic, a leader in AI safety and research, to introduce the Anthology Fund—a transformative $100 million initiative. This collaborative effort aims to propel the development of cutting-edge AI applications and infrastructure solutions, leveraging Anthropic’s advanced technology and AI models….
Tiimo, the innovative app dedicated to supporting neurodivergent individuals, has announced the successful completion of a $1.6 million funding round. This latest investment elevates Tiimo’s total pre-Series A funding to an impressive $4.8 million. Founded in 2016 and headquartered in Copenhagen, Tiimo was developed to cater specifically to those with cognitive differences such as ADHD,…
Nexio, an emerging leader in Bitcoin scaling solutions, has announced a successful $2.2 million pre-seed funding round. The company aims to transform Bitcoin’s scalability and efficiency with its cutting-edge parallelized rollup technology. The investment will expedite Nexio’s development of its groundbreaking Bitcoin rollup system, designed to address key limitations in the Bitcoin ecosystem. Nexio’s innovative…
Samp, an innovative player in the industrial technology sector, has successfully closed a €6 million fundraising round aimed at advancing its groundbreaking AI-generated digital twin solution. Founded in 2019 by industry veterans Shivani Shah, a former executive at CEA, and Laurent Bourgouin, previously with Dassault Systèmes, Samp is on a mission to empower industrial sites…
AcuraStem, a leading biotechnology firm renowned for its patient-centered approach to treating neurodegenerative disorders, has announced a pivotal development in its research efforts. The company has been awarded $4 million in grant funding by the California Institute for Regenerative Medicine (CIRM). This substantial investment will bolster AcuraStem’s innovative work on its targeted therapeutic program focusing…
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…
Walnut Insurance, a trailblazer in the insurance distribution sector, has announced the successful closing of a $4.6 million funding round. This investment marks a significant milestone for the company, which aims to revolutionize the industry through its advanced embedded insurance technology platform. The newly acquired capital will be channeled towards scaling Walnut’s innovative solutions, expanding…
