In a significant stride towards enhancing customer communication efficiency, Swedish martech startup Hypertype has successfully closed a SEK 7 million funding round led by Butterfly Ventures and Bust. Founded in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype specializes in AI-driven solutions that streamline and automate customer interactions, aiming to optimize response times and service…
In a significant boost for the burgeoning space technology sector, ATLAS Space Operations has successfully raised $15 million in its most recent investment round, spearheaded by NewSpace Capital. This new influx of capital is poised to support ATLAS as it continues to expand its operations and address the growing demand within the space industry. Founded…
In a decisive move to globalize its leadership and ambitions, South Korean aesthetics major Hugel Inc. has appointed Carrie Strom, a seasoned US pharmaceutical executive, as its President and Global Chief Executive Officer, effective immediately. This marks the creation of a newly formed global CEO position at Hugel—one that signals a shift from domestic dominance…
Egyptian fintech startup Bokra is set to redefine wealth management in the MENA region with a pioneering platform offering goal-based investment and saving products backed by asset-backed securities. Founded on principles of inclusivity, transparency, and social responsibility, Bokra aims to empower individuals and SMEs by democratizing access to sophisticated financial tools. Scheduled for launch in…
London-based healthtech startup Cryogenx has successfully raised £800,000 in funding to advance its groundbreaking portable body cooling device, CGX1. This investment round includes a significant contribution of £150,000 from the British Design Fund, alongside support from existing shareholders, angel investors, and a US-based fund. Founded by Matt Anderson, Cryogenx aims to address the critical need…
illumex.ai, the leading platform for structured enterprise data, proudly announces its integration into the Microsoft Copilot for Security Partner Ecosystem. This prestigious inclusion highlights illumex’s expertise with Microsoft Security technologies and its collaborative approach to enhancing security solutions. As a new partner, illumex will contribute its Generative Semantic Fabric to bolster Microsoft Copilot for Security….
iLearningEngines, a pioneering force in AI-powered learning and work automation, has announced a significant milestone in its growth journey with the securing of an additional $20 million in funding. This funding comes through an amendment to its existing Loan and Security Agreement, enhancing its financial capacity to execute expansive growth initiatives. The amendment, entered into…
In a strategic move to meet the burgeoning demand for locally grown, pesticide-free greens, GrowUp, the UK’s leading vertical farming enterprise, has secured a substantial £38 million investment from Generate Capital. This funding is poised to propel GrowUp’s expansion efforts and solidify its position as a trailblazer in sustainable agriculture within the UK. Generate Capital’s…
In a significant leap for the logistics and autonomous delivery sector, Bengaluru-based Airbound has raised $8.65 million in a seed funding round. The round, led by Lachy Groom, co-founder of Physical Intelligence, also saw contributions from Humba Ventures, Lightspeed, and notable industry figures from Tesla, SpaceX, and Anduril. The funding will propel the company’s ambitious…
Chicago-based digital health company Sibel Health has successfully closed a Series C extension financing round, raising its total Series C funding to $39 million. This latest infusion includes strategic investments from Japanese pharmaceutical leader Maruho Co., Ltd. and innovation powerhouse Samsung Next, complementing the initial Series C round led by The Steele Foundation for Hope…
