webAI, an Austin-based leader in AI innovation, has announced a significant milestone in its mission to revolutionize artificial intelligence with the completion of a $60 million Series A funding round. This pivotal investment underscores the growing momentum behind webAI’s vision to democratize AI and enhance its accessibility for enterprises worldwide. The fresh capital injection brings…
The insurance industry faces an unprecedented reckoning as climate change drives up the frequency and severity of natural disasters. Stand, a San Francisco-based startup, is taking a data-driven, mitigation-first approach to insuring homes exposed to catastrophic risks like wildfire, flood, and wind. Having underwritten over $1 billion in insured value in wildfire-prone California within a…
In Naples, Florida, medical-technology company Catalyst OrthoScience Inc. announced a fresh injection of $15 million in equity and debt financing, led by RC Capital and joined by Mutual Capital Partners, physician-entrepreneur board member Dr. Derace Schaffer, and Western Alliance Bank. The move underscores growing investor confidence in the company’s mission to streamline shoulder replacement surgery with fewer…
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 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….
Riverlane, a leader in quantum error correction (QEC) technology, has announced a successful Series C funding round, raising $75 million to advance its pioneering QEC roadmap. The round was led by Planet First Partners, with participation from ETF Partners, EDBI, and existing investors Cambridge Innovation Capital (CIC), Amadeus Capital Partners, the UK’s National Security Strategic…
In a bold move set to reshape the landscape of family office management, MyFO has announced the successful closing of its oversubscribed $3.5 million Seed funding round, led by Rhino Ventures. This innovative platform, designed for family offices and the wealth management professionals servicing them, aims to streamline the complexities of financial oversight, integrating data,…
Layer2 Financial, a pioneer in regulated payments infrastructure, has announced a substantial $10.7 million Series A funding round. This investment, led by Galaxy Ventures with significant participation from Accomplice, is set to propel Layer2’s mission of transforming the cross-border payments landscape. The Series A funding arrives amidst remarkable growth for Layer2 Financial, which has seen…
In a remarkable development, Bilt Rewards, the leading loyalty program for home and neighborhood transactions, has secured an additional $150 million in funding. This latest round, led by Ontario Teachers’ Pension Plan Growth (TVG) and supported by new contributors including the Vanderbilt Endowment and the University of Illinois Foundation, augments Bilt’s total funding to $50…
Mumbai-based clean-tech startup Exposome, founded in 2020 by Dr. Prerna Goradia, has raised $3 million in a Pre-Series A funding round to accelerate its expansion of regenerative filtration solutions for industrial and municipal air and water treatment. The round was led by Colossa WomenFirst Fund, with significant participation from Thermax Limited, a leader in energy…
