In a significant leap towards modernizing vendor management, Vendorvue has successfully raised €1.4 million in a funding round led by Pitchdrive and Syndicate One, with contributions from notable business angels. This financial boost aims to enhance the company’s AI-driven compliance software, expand its team, and accelerate its growth across Europe. The procurement landscape has evolved…
In a strategic maneuver set to redefine the corporate travel sector, TravelPerk has announced its acquisition of Chicago-based AmTrav alongside a substantial $135 million funding boost. This move not only underscores TravelPerk’s commitment to expanding its footprint in the lucrative U.S. market but also positions it as a formidable player in global travel technology. Founded…
In a groundbreaking initiative poised to revolutionize wildfire management, Greece has embarked on a €20 million investment partnership with OroraTech, a leading provider of thermal intelligence solutions. Spearheaded by the Greek Ministry of Digital Governance and the Hellenic Space Center, this ambitious project aims to deploy a constellation of thermal imaging satellites to monitor and…
VERSES AI Inc proudly announces a transformative strategic investment of US $10 million from Group 42 Holding Ltd (G42), a pioneering UAE-based AI technology group. This partnership marks a pivotal moment for VERSES as it accelerates the development of its next-generation intelligent software systems aimed at revolutionizing cognitive computing. , expressed enthusiasm about the collaboration,…
Thoughtful AI, a frontrunner in AI-powered revenue cycle automation, has marked a significant leap forward with the introduction of groundbreaking AI Agents designed to revolutionize healthcare revenue cycle management (RCM). The company also announced the successful closure of a $20 million Series A funding round led by Nick Solaro of Drive Capital, with participation from…
Copenhagen-based ABH Optics ApS, an innovative spin-off from the Technical University of Denmark (DTU), has successfully raised €1 million in a pre-seed funding round. The investment, led by High-Tech Gründerfonds (HTGF), positions the company to advance its groundbreaking work in developing the world’s thinnest and lightest eyeglass lenses. HTGF’s Senior Investment Manager, Olaf Joeressen, expressed…
Onit, Inc., a trailblazer in AI-driven workflow automation solutions for the legal sector, has elevated Nick Whitehouse to the role of Chief AI Officer. This strategic promotion marks a pivotal moment for Onit as it intensifies its leadership in advancing AI innovations tailored for global legal operations. In his new capacity, Nick Whitehouse assumes responsibility…
Deskpro, the pioneering provider of advanced help desk solutions, announced the successful closure of a $25 million Series A funding round led by Elsewhere Partners. This strategic investment marks a pivotal moment for Deskpro as it gears up to meet burgeoning demand for its cutting-edge customer service management platforms. The funding infusion is earmarked to…
Kins, a pioneer in digital-first hybrid care physical therapy, has announced a significant milestone with the closure of a $7 million Series A financing round. This round includes strategic investment from Healthworx, the investment arm of CareFirst Inc., alongside participation from prominent investors such as Redesign Health, W Health Ventures, and Asahi Kasei Ventures. The…
Delft-based VSParticle (VSP), a trailblazer in nanoparticle synthesis, has successfully raised €6.5 million in an A2 extension round. Led by NordicNinja and Plural, with continued support from Hermann Hauser Investment, this new funding boosts VSP’s total capital to €24.5 million. Founded in 2014, VSParticle is revolutionizing material science by enabling rapid and efficient discovery of…
