Berg Enterprises, Inc. (BEI) has announced a significant milestone with the closing of a $2.5 million financing round led by Antina Capital, marking a pivotal moment in their 50-year journey. This funding, structured through a combination of private debt and equity, is set to bolster BEI’s strategic investments and workforce expansion across critical geographies pivotal…
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…
A shining star in the constellation of clean energy solutions, Marathon Fusion, has secured $5.9 million in seed funding to revolutionize fusion fuel processing. This round, led by 1517 Fund and Anglo American, with participation from prominent names like Übermorgen Ventures and Malcolm Handley, propels Marathon Fusion further along its mission of making fusion energy…
UroMems, a pioneering global company specializing in mechatronics technology for treating stress urinary incontinence (SUI), has secured $47 million in its Series C financing round, marking a record fundraising achievement for the company. This capital infusion will propel pivotal clinical trials of their groundbreaking UroActive™ System, the world’s first smart automated artificial urinary sphincter (AUS)…
eLstar Dynamics, a frontrunner in the development of dynamic glass solutions, has announced securing a significant investment of two million euros from the Dutch family office, Panthea. This latest round of funding marks a pivotal step towards accelerating the commercialization of eLstar’s adaptive glass technology, aimed at meeting the escalating demand for sustainable and energy-efficient…
Spineology, a leader in Conform and Expand™ spinal fusion technology, has successfully closed a $25 million Series AA funding round. The investment was led by SV Health Investors, with additional contributions from 1315 Capital and existing investor RC Capital. This new funding is set to drive Spineology’s expansion in commercial growth, clinical education, and product…
In a significant advancement for the electric vehicle (EV) landscape, DeepDrive, a cutting-edge electric motor technology company, has successfully raised €30 million in a Series B funding round. This round was spearheaded by Leitmotif, an independent venture capital firm dedicated to decarbonization efforts across the U.S. and Europe, with notable participation from existing investors including…
In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…
EdgeRunner AI, a trailblazing startup focused on developing Generative AI solutions for edge computing environments, has emerged from stealth mode with the announcement of a $5.5 million seed funding round. The investment, led by Four Rivers Group and supported by Madrona Ventures and strategic angels, positions EdgeRunner AI at the forefront of transforming how enterprises…
Evolution Equity Partners, a leading venture capital firm specializing in cybersecurity investments, proudly announces the appointment of Heather Fraser as Chief Financial and Operating Officer. Heather brings a wealth of expertise in finance and operations, having most recently served as CFO of TZP Group and previously holding pivotal roles at Swander Pace Capital and Standish…
