AI-powered language learning app, Speak, has secured $20 million in a Series B extension, doubling its valuation to $500 million. This round, led by Buckley Ventures and supported by the OpenAI Startup Fund, Khosla Ventures, Y Combinator co-founder Paul Graham, and LinkedIn executive chairman Jeff Weiner, reflects the company’s rapid growth and investor confidence. Since…
In a significant leap toward enhancing workplace productivity, Raycast, a leading productivity software company, has successfully raised $30 million in a Series B funding round. This latest investment brings Raycast’s total funding to over $45 million, underscoring its mission to reduce context switching and optimize user focus. As the digital landscape becomes increasingly saturated with…
In a significant boost for the cybersecurity landscape, Intezer has announced the successful closure of a $33 million Series C funding round, bringing its total capital raised to $60 million. The investment, spearheaded by Norwest Venture Partners, comes on the heels of an impressive 400% increase in customer acquisition over the past year. With participation…
Novocuff, Inc., a trailblazing medical device company specializing in improving pregnancy outcomes and combating preterm births, has successfully concluded an oversubscribed $26 million Series A funding round. The financing, initially kicked off with a $2 million seed round, was led by AXA IM Alts through its Global Healthcare Private Equity Strategy, with substantial contributions from…
In a significant boost for educational technology, Stimy AI has successfully raised $425,000 in Pre-Seed funding, setting the stage for its innovative math learning app aimed at supporting students worldwide. Catering to learners aged 10 to 18, the app employs cutting-edge AI technology to provide tailored assistance in math, helping users tackle homework challenges and…
Hayden AI Technologies, a frontrunner in vision AI solutions tailored for smart cities, has secured a substantial $90 million in Series C funding. The round was spearheaded by The Rise Fund, the impact investing arm of TPG, alongside contributions from existing backers such as the Drawdown Fund and Autotech Ventures. This infusion of capital will…
Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…
Climate technology leader 44.01 has raised €37 million in Series A funding to further its pioneering CO2 mineralisation technology. This funding round, led by Equinor Ventures, with notable participation from Shorooq Partners, Air Liquide Venture Capital, Amazon’s Climate Pledge Fund, and other prominent investors, will enable 44.01 to refine its technology, expand its commercial-scale projects,…
Gradient AI, a premier enterprise software provider specializing in artificial intelligence for the insurance sector, has successfully closed a Series C funding round, securing $56.1 million. This substantial investment, spearheaded by Centana Growth Partners and supported by existing investors MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures, is poised to significantly bolster the company’s capabilities…
In a significant leap for minimally invasive surgical technology, Munich-based medtech innovator Symphera has successfully raised €2.4 million in a Seed financing round. This funding will propel the company’s groundbreaking work in automating tool-switching during laparoscopic procedures, effectively rendering manual instrument changes obsolete. With a simple push of a button, surgeons can seamlessly transition between…
