webAI, an Austin-based leader in AI innovation, has announced a significant milestone in its mission to revolutionize artificial intelligence with the completion of a $60 million Series A funding round. This pivotal investment underscores the growing momentum behind webAI’s vision to democratize AI and enhance its accessibility for enterprises worldwide. The fresh capital injection brings…
Neysa, an innovative leader in the AI Acceleration Cloud System space, has successfully raised $30 million in Series A funding. This significant investment, co-led by prominent investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners, follows Neysa’s impressive $20 million seed round earlier this year. This latest funding round highlights the robust confidence…
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…
In a remarkable display of growth within the sports tech sector, Eyeball.Club has successfully raised €5 million in a Seed funding round led by Vendep Capital, with additional participation from Sportlogiq, Heartland, and Founderment. This latest financial boost arrives just nine months after the company’s pre-seed round, underscoring its rapid ascent in the global football…
Autolane, a leading innovator in autonomous vehicle infrastructure, today announced a successful $7.4 million funding round co-led by prominent venture firms Draper Associates and Hyperplane. The capital, which also included participation from LAUNCH and Feld Ventures, is set to accelerate the deployment of Autolane’s groundbreaking curbside operating system. Concurrently, the company is launching its technology…
In a significant advancement for the biotechnology sector, Shift Bioscience has successfully raised $16 million (£12.5 million) in Seed funding, spearheaded by BGF and joined by prominent existing investors including F-Prime Capital, Kindred Capital, and Jonathan Milner. This investment is poised to accelerate the development of Shift Bioscience’s innovative artificial intelligence platform aimed at identifying…
In a pivotal move for inclusive financing, JPalmer Collective (JPC), an asset-based lending firm committed to supporting high-growth, women-led, and natural products companies, has successfully raised $72 million in gross proceeds. This substantial capital infusion is set to enhance JPC’s growth trajectory and facilitate new loans for its carefully selected clientele. The capital raise comprised…
In a significant stride towards transforming consumer research, Knit, the pioneering AI platform, has successfully closed a $9 million funding round. This financial boost, led by Revolution’s Rise of the Rest Seed Fund, marks a pivotal moment for the company as it announces new partnerships with industry giants including T-Mobile, NASCAR, the WNBA, Mars Wrigley,…
BoldHue, the pioneering female-founded tech firm reshaping the beauty-tech landscape, has announced the successful closure of its oversubscribed seed funding round, raising a total of $3.4 million. The round was led by Lucas Venture Group, with significant contributions from Capital Eleven, Backstage Capital, Tacoma Ventures, as well as notable individuals including Mark Cuban and Kevin…
Definity, a pioneering player in data application observability, has emerged from stealth with a groundbreaking platform and $4.5 million in Seed funding. The round was led by StageOne Ventures, with significant contributions from Hyde Park Venture Partners and a group of strategic angel investors. This funding will propel the general availability of Definity’s innovative Data…
