Onit, Inc., a trailblazer in AI-driven workflow automation solutions for the legal sector, has elevated Nick Whitehouse to the role of Chief AI Officer. This strategic promotion marks a pivotal moment for Onit as it intensifies its leadership in advancing AI innovations tailored for global legal operations. In his new capacity, Nick Whitehouse assumes responsibility…
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…
Lucid Green, a leading Smart Product Identifier (SPI) platform in the cannabis industry, has secured $1.4 million in funding aimed at accelerating its growth and expanding into new markets. This recent funding round underscores Lucid Green’s ongoing success in revolutionizing how cannabis products are managed throughout the supply chain, following its significant Series B funding…
Fintech startup Palm has announced a successful Seed funding round, raising $6.1 million to enhance enterprise cash management. This innovative platform aims to transform the way treasury teams manage cash flow across multiple bank accounts and subsidiaries globally. Palm’s solution delivers a comprehensive overview of both historical and projected cash flows, serving as a central…
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…
Car Capital Technologies, Inc. (“Car Capital”), a leading provider of financing solutions for independent and franchise automotive dealerships, has announced significant advancements in its growth strategy. The company has secured a $70 million committed warehouse facility and reinforced its equity capital, marking pivotal steps towards enhancing its market presence in automotive financing. The senior/subordinate warehouse…
SLUSHY, the pioneering adult content platform focused on creator empowerment and consumer engagement, has successfully closed a $10.2 million seed funding round, marking a historic milestone as the first venture-backed platform of its kind. This investment round, led by prominent investors including Mantis VC and Electric Feel Ventures, underscores SLUSHY’s innovative approach to adult content,…
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…
Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP), the pioneering force behind the British electric vehicle brand Zapp, has announced a substantial enhancement in its financial backing to propel the global deployment of its innovative i300 electric urban motorcycle. Under a new standby equity purchase agreement (New SEPA) with an affiliate of Yorkville Advisors Global, LP,…
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…
