Sift, a trailblazer in hardware sensor data observability, has announced a significant milestone with the closure of a $17.5 million Series A funding round led by GV (Google Ventures). This latest injection of capital propels Sift’s total funding to $25 million, marking a pivotal moment in their journey to redefine how engineers harness machine data…
Axiad IDS, Inc., a leader in identity-first security solutions, has successfully raised $25 million in its latest funding round led by Invictus Growth Partners. This new capital, which elevates Axiad’s total funding to $45 million, will accelerate the company’s growth by driving product innovation, expanding its team, enhancing sales and marketing efforts, and advancing towards…
Lisbon-based gaming distribution platform FRVR has achieved a significant milestone by raising $12.7 million in its latest funding round, pushing its total funding to over $100 million. Founded by industry veterans Chris Benjaminsen and Brian Meidell, FRVR’s mission is to connect global audiences with games they adore while fostering a robust creator economy. Over the…
Rhombus, a trailblazer in cloud-managed physical security solutions, has successfully completed a $45 million Series C funding round. The investment was spearheaded by NightDragon, with participation from Bluestone Equity Partners, alongside existing supporters Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures. This latest infusion of capital brings Rhombus’ total funding to over $90…
In a significant boost for educational technology, Stimy AI has successfully raised $425,000 in Pre-Seed funding, setting the stage for its innovative math learning app aimed at supporting students worldwide. Catering to learners aged 10 to 18, the app employs cutting-edge AI technology to provide tailored assistance in math, helping users tackle homework challenges and…
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…
In a significant development poised to reshape the landscape of warehouse automation, VersaTile Automation has secured £8 million in seed investment from Tharsus Group. Led by a team renowned for pioneering automation solutions across industries, including Rolls Royce and Ocado, VersaTile is set to revolutionize UK warehouses with its innovative modular automation system. VersaTile’s groundbreaking…
In a significant development for the semiconductor industry, Wolfspeed, the world’s foremost producer of silicon carbide technology, has announced a groundbreaking funding initiative that will provide up to $1.5 billion for its expansion efforts in North Carolina and New York. The U.S. Department of Commerce has proposed $750 million in direct funding under the CHIPS…
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…
Impulse Space has been selected by SpaceWERX, under the sponsorship of the U.S. Space Force’s Space Systems Command, for a Strategic Funding Increase (STRATFI) award valued at $60 million. This funding will significantly advance the development of Impulse Space’s Helios, a high-performance kick stage designed to enhance geosynchronous equatorial orbit (GEO) capabilities. The Helios stage,…
