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…
Nium, a global leader in real-time cross-border payments, has secured a spot on CNBC’s esteemed ‘World’s Top Fintech Companies 2024’ list. This accolade celebrates Nium’s pivotal role in revolutionizing global financial transactions, underlined by a year of exceptional growth marked by new global licenses, significant funding, and a burgeoning client base. The global landscape of…
Nearfield Instruments, a leading developer of cutting-edge Metrology & Inspection (M&I) solutions for the semiconductor manufacturing industry, has successfully concluded a landmark Series-C funding round, securing €135 million. The oversubscribed round is spearheaded by prominent new investors Walden Catalyst and Temasek, alongside participation from M&G Investments and existing backers Innovation Industries, Invest-NL, and ING. The…
Sidecar Health, a pioneering force in revolutionizing health insurance accessibility and transparency, proudly announces the successful closure of a monumental $165 million Series D financing round. Koch Disruptive Technologies spearheaded this investment, marking the largest private funding initiative in employer health benefits this year. Joining forces with existing investors such as GreatPoint Ventures, BOND, and…
In a landscape where AI agents are becoming autonomous operators rather than passive tools, Raindrop has secured $15 million in seed financing, a raise that signals one thing clearly: observability for AI agents is no longer optional—it is a new infrastructure layer. The round was led by Lightspeed Venture Partners, with participation from several frontier…
In a significant move poised to reshape the life and annuity (L&A) insurance technology landscape, Zinnia, a leading innovator in the sector, has successfully raised $300 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding marks a pivotal moment for Zinnia, enabling it to accelerate its market penetration…
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…
Antora Energy, a pioneering force in zero-emissions industrial heat and power solutions, has been awarded up to $14.5 million by the Department of Energy’s ARPA-E program. This funding, facilitated through the SCALEUP initiative, aims to accelerate the deployment of Antora’s innovative combined heat and power thermal battery product. Following earlier support from ARPA-E, this capital…
VentureSouth, recognized as one of North America’s top 10 angel groups, has announced a dynamic start to 2024 with investments totaling $5.5 million into 24 early-stage companies across the Southeast. The group also distributed nearly $2 million in returns to investors from previous successful investments, showcasing its commitment to fostering regional innovation and economic growth….
In a significant advancement for event safety, Where You At (WYA), a female-founded indoor mapping platform, has secured £2.5 million in Pre-Seed funding. This innovative app utilizes a patented mesh technology to facilitate real-time location sharing and communication, addressing the crucial issue of connectivity during crowded events. Founded by Tamzin Lent, WYA emerged from a…
