Illuma Labs, a pioneering force in voice authentication technology for banking institutions, has successfully closed a $9 million Series A funding round. The investment, led by LiveOak Ventures and supported by Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU, will drive the company’s efforts to develop cutting-edge solutions to tackle fraud, voice…
Stockify Fintech, a dynamic player in India’s fintech landscape, has announced bold expansion plans with the unveiling of a new office in Kolkata, slated to commence operations in July 2024. This strategic move aims to fortify Stockify’s foothold in eastern India, aligning closely with its ambitious revenue target of $20 million for the current fiscal…
Congruex, a leading provider of comprehensive digital network services, has appointed Shane Portfolio as its new Chief Technology Officer. With an illustrious career marked by transformative leadership in digital network engineering, Portfolio joins Congruex to spearhead technological innovation and extend nationwide connectivity solutions. Shane Portfolio brings nearly three decades of profound industry experience, cultivated during…
Feather, a pioneering startup dedicated to simplifying insurance for expatriates in Europe, has announced a significant milestone with the closing of a €6 million funding round, bringing its total funding to €10 million. Founded in 2018 by Rob Schumacher and Vincent Audoire during their tenure at Entrepreneur First’s inaugural Berlin cohort, Feather has swiftly emerged…
Coimbra, Portugal-based Eneida has secured €10.5 million in a Series B funding round led by Junction Growth Investors, marking a significant milestone in enhancing its Neighbourhood Grid Intelligence platform for Zero Emission Neighbourhoods (ZEN). The funding round also saw participation from Santander Alternative Investments, Korys, HCapital, and the company’s founders, underscoring broad support for Eneida’s…
In a significant milestone for the fitness industry, Reform RX has successfully raised $5.1 million in funding, spearheaded by Clarendon Fund Managers, the equity fund manager for the Investment Fund for Northern Ireland. This investment is set to propel the company’s global expansion and further enhance its groundbreaking technology designed to offer unparalleled personalization in…
Truvian Health, a pioneering force in healthcare innovation, has announced a significant milestone with the successful closure of a $74 million funding round aimed at revolutionizing the accessibility of blood testing. This funding, led by Wittington Ventures and Great Point Ventures, marks a pivotal moment for Truvian as it prepares to advance its groundbreaking blood…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
Infinitus Systems, Inc., the trailblazer in automating manual healthcare phone operations, has successfully raised $51.5 million in Series C funding, spearheaded by Andreessen Horowitz. This investment round also includes participation from Memorial Hermann Health System and existing investors such as Kleiner Perkins, Coatue, and GV (Google Ventures), bringing the company’s total funding to an impressive…
Allium, a pioneering blockchain data platform catering to enterprise needs, has announced the successful closure of a $16.5 million Series A funding round. The investment, spearheaded by Theory Ventures and supported by seed investors Kleiner Perkins and Amplify Partners, brings Allium’s total capital raised to $21.5 million. Founded with a mission to simplify the complexities…
