Apriori Bio Receives $1.1M Funding from CEPI to Advance AI Platform for Virus Protection

Apriori Bio, a pioneering biotechnology firm, has secured a significant funding injection of US $1.1 million from CEPI (Coalition for Epidemic Preparedness Innovations) to propel its cutting-edge artificial intelligence platform, Octavia™. Designed to safeguard against rapidly-evolving viral threats, Octavia™ employs advanced machine learning to predict and counteract virus mutations, crucial for developing variant-resilient vaccines. Octavia™…

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Elegant Business Intelligence: Swedish Startup Steep Raises €4M Seed Funding

Stockholm-based Steep has secured €4 million in a seed funding round to advance its innovative business intelligence solutions, aiming to democratize data accessibility across organizations globally. Connect Ventures led the investment, joined by Inventure and Alliance VC, with additional support from Antler and Greens. This capital infusion will propel Steep’s product development efforts and bolster…

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Alvys Secures $20.5 Million to Streamline Logistics and Supply Chains

Alvys, a next-generation logistics platform aiming to revolutionize supply chain management, has secured $20.5 million in a Series A funding round. This investment, led by Titanium Ventures with participation from Picus Capital and existing investors RTP and Bonfire, fuels Alvys’ mission to become the go-to platform for logistics and supply chain operations. The funding windfall…

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Chris Gosline, CEO of SYSO

SYSO Raises $14.5 Million in Series B Round Led by Kimmeridge to Propel Energy Transition

SYSO, a prominent player in the renewable energy and battery storage markets, has announced the successful closure of its Series B funding round, securing $14.5 million. The round, spearheaded by Kimmeridge through its Carbon Solutions strategy, saw participation from existing investor Lacuna Sustainable Investments. This new capital infusion is set to significantly enhance SYSO’s market…

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Distribusion Secures $80M to Transform Global Ground Transport Accessibility

Berlin-based ground transportation marketplace Distribusion has successfully completed an oversubscribed $80 million Series C funding round, led by TQ Ventures and featuring significant participation from existing investor Lightrock. This new investment will further enhance Distribusion’s mission to revolutionize mass transport accessibility across the globe. Dr. Thomas Doering, CEO of Distribusion, emphasized the urgency of their…

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Dialpad and Surfboard: A New Era of Workforce Management and Customer Engagement

In a significant strategic maneuver, Dialpad, the pioneering AI-powered communications intelligence platform, has announced its acquisition of Surfboard, a disruptive UK-based workforce management company. This development coincides with Dialpad’s remarkable achievement of reaching $300 million in annual recurring revenue (ARR), underscoring its rapid growth in the competitive tech landscape. Founded in 2021, Surfboard has established…

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Standard Bots Secures $63M in Series B to Revolutionize American Manufacturing with AI-Driven Robotics

Standard Bots, a trailblazer in robotics automation, has successfully raised $63 million in a Series B funding round. This latest round, spearheaded by General Catalyst with notable contributions from the Amazon Industrial Innovation Fund and Samsung Next, marks a significant milestone for the company as it gears up to expand its innovative solutions across American…

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Zinnia Secures $300 Million in Strategic Financing to Transform Life and Annuity Market

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…

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AI Injects Precision into Pharma Manufacturing: Modicus Prime Secures $3.5 Million

Good news for the pharmaceutical industry! Modicus Prime, a Texas-based innovator, has secured $3.5 million in Series A funding to revolutionize drug manufacturing with their AI-powered quality control solution, mpVision. This investment, led by Silverton Partners, empowers Modicus Prime to tackle a persistent challenge – ensuring consistent quality and eliminating costly errors during production. Traditionally,…

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VentureSouth Fuels Southeastern Innovation with $5.5 Million in Early-Stage Investments

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….

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