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…
In a move that underscores its commitment to clinical innovation and value-based care, Healogics, LLC, the nation’s leading provider of advanced wound care and hyperbaric oxygen therapy, has appointed Dr. Arti Masturzo as President of Healogics Specialty Physicians (HSP). The announcement marks a return to the company for Dr. Masturzo, who brings a career spanning…
Hypersonic weapons developer Castelion has secured $350 million in Series B funding, strengthening U.S. efforts to produce cost-efficient hypersonic systems at industrial scale as geopolitical competition with China and Russia intensifies. The round was led by Altimeter Capital and Lightspeed Venture Partners, with additional participation from Lavrock Ventures, Andreessen Horowitz, General Catalyst, First In, Space…
Safe Intelligence, a London-based leader in AI safety, has secured €5 million in a seed funding round aimed at transforming the reliability and security of artificial intelligence systems. The round, led by Amadeus Capital Partners, also saw contributions from OTB Ventures and existing investor Vsquared Ventures. With this funding, Safe Intelligence aims to bridge the…
pH7 Technologies has closed the first tranche of its USD $25.6 million Series B financing, a round expected to surpass $30 million in subsequent closings, as the Canadian cleantech firm accelerates commercialization of its next-generation critical-minerals extraction technology. The round was led by Fine Structure Ventures, with BHP Ventures joining as a strategic investor. Additional…
Climate technology leader 44.01 has raised €37 million in Series A funding to further its pioneering CO2 mineralisation technology. This funding round, led by Equinor Ventures, with notable participation from Shorooq Partners, Air Liquide Venture Capital, Amazon’s Climate Pledge Fund, and other prominent investors, will enable 44.01 to refine its technology, expand its commercial-scale projects,…
Upword, a pioneering force in knowledge management solutions, has unveiled its cutting-edge AI-powered research companion tool, marking a pivotal moment in the evolution of scholarly pursuits. Alongside this milestone, the company has successfully concluded a $3 million pre-seed funding round, underscoring confidence from investors including Telefonica (Wayra X), Go Ahead Ventures, and Goodwater Capital. Upword’s…
Leuven-based Swave Photonics, the pioneering fabless semiconductor spin-out from imec, has clinched an extra €6 million in follow-on funding to its January 2025 Series A round. The injection was led by existing investor IAG Capital Partners and features a high-profile participation from Samsung Ventures. “This follow-on investment demonstrates that there is tremendous excitement for the emerging Spatial + AI Computing era,” said Mike Noonen, CEO of Swave Photonics, underlining…
In a strategic realignment aimed at consolidating its global investment businesses, Sun Life Financial Inc. has named Tom Murphy as President of its newly unified asset management division, Sun Life Asset Management. The move is set to bring all of the company’s asset management operations under one umbrella for the first time. Murphy, a seasoned…
Bybit Web3, the Web3 division of Bybit, a leading global crypto exchange renowned for its innovation and user-centric approach, announces a groundbreaking upgrade with the launch of IDO 2.0. This new system promises to redefine decentralized fundraising, emphasizing user protection and engagement through innovative gamified rewards. Since its inception in January 2023, Bybit Web3 IDO…
