In a significant move poised to transform the world of sustainable materials, PACT has successfully raised £9 million in a Seed funding round. This capital will accelerate the development of their innovative biomaterials, with a special focus on their flagship product, Oval—a versatile material crafted from natural collagen. Located in the heart of Cambridge, PACT…
Adyen, the renowned financial technology platform, has achieved top honors in the latest IDC MarketScape assessments for 2024. The reports, which evaluate global leaders in retail payment solutions, highlighted Adyen as a leader in both the Worldwide Retail Online Payment Platform Software Providers and the Worldwide Retail Omni-channel Payment Platform Software Providers categories. According to…
iVisa, the U.S.-based travel technology company, is gaining global traction with its AI-driven platform that streamlines visa and travel document processing. Co-founded by David Perez (CEO) and Sergio Merino (COO), the company operates entirely without external funding and has grown to over 400 employees across 15 countries. Founded in 2013 to simplify cumbersome government visa…
London‑based startup Procure AI — which builds an “AI‑native” procurement automation platform — has raised $13 million in seed funding, led by Headline and joined by investors including C4 Ventures and Futury Capital, along with several notable angel backers. Tech Funding News+2EU-Startups+2 The fresh capital comes at a moment when procurement teams across industries are under mounting…
Bee Maps, powered by Hivemapper, has announced a significant $32 million funding round led by Pantera Capital, with participation from LDA Capital, Borderless Capital, and Ajna Capital. This investment underscores strong market confidence in Bee Maps’ mission to revolutionize geospatial data through its pioneering decentralized AI mapping platform. In an era where real-time, hyper-accurate maps…
In a significant stride toward enhancing cloud security, Stream.Security has successfully closed a $30 million Series B funding round. The round was led by U.S. Venture Partners, with participation from notable new investors like Citi Ventures and existing stakeholders including Energy Impact Partners, Cervin Ventures, TLV Partners, and Glilot Capital Partners. This latest funding brings…
Doccla, a leader in virtual hospital and remote patient monitoring services, has announced a major financial boost with a Series B funding round totaling £35 million. This substantial investment will facilitate the company’s strategic expansion into European markets. Led by Lakestar, with contributions from Elaia and existing investors General Catalyst, Bertelsmann Investments, and Speedinvest, the…
In a significant move set to transform the landscape of mobile gaming, Azra Games has announced the successful completion of a $42.7 million Series A funding round, led by Pantera Capital with notable participation from a16z crypto and NFX. Founded in 2022, Azra Games is on a mission to deliver high-quality role-playing games (RPGs) to…
Foundry Digital LLC (“Foundry”), a leading provider of digital asset infrastructure solutions, has unveiled its latest innovation, Foundry Hardware, aimed at revolutionizing institutional cryptocurrency mining operations. This comprehensive suite of products promises to set new benchmarks in operational performance, efficiency, and reliability within the mining industry. Foundry Hardware addresses critical needs in the cryptocurrency mining…
In a landscape where AI agents are becoming autonomous operators rather than passive tools, Raindrop has secured $15 million in seed financing, a raise that signals one thing clearly: observability for AI agents is no longer optional—it is a new infrastructure layer. The round was led by Lightspeed Venture Partners, with participation from several frontier…
