The European space industry has received a momentous boost with the announcement of a substantial €170 million investment fund by Alpine Space Ventures. This venture capital firm, led by industry veterans Bulent Altan and Joram Voelklein, aims to catalyze the next wave of innovation in space technology across Europe. Alpine Space Ventures’ strategic focus is…
Decagon, a trailblazer in AI-powered customer support solutions, has successfully raised $100 million in total funding, bolstered by a recent $65 million Series B round led by Bain Capital Ventures. This impressive financial milestone has quadrupled the company’s valuation in a short span, solidifying its role in transforming enterprise customer support and enhancing productivity across…
In a significant development for the semiconductor industry, Wolfspeed, the world’s foremost producer of silicon carbide technology, has announced a groundbreaking funding initiative that will provide up to $1.5 billion for its expansion efforts in North Carolina and New York. The U.S. Department of Commerce has proposed $750 million in direct funding under the CHIPS…
In a bold move that underscores its commitment to innovation in 3D printing, Formlabs has announced the acquisition of Micronics, a dynamic startup emerging from the heart of Wisconsin. Founded by Henry Chan and Luke Boppart, Micronics has distinguished itself with a groundbreaking approach to Selective Laser Sintering (SLS) technology, traditionally confined to high-cost industrial…
Rohlik Group, a leading Czech food retailtech and online grocery company, has announced a significant milestone with the successful raise of $170 million in growth capital. This funding, which brings Rohlik’s total funding to over $780 million, underscores its position as a pioneer in the online grocery sector across the DACH (Germany, Austria, Switzerland) and…
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…
HubiFi, a cutting-edge solution in financial intelligence and revenue recognition, has successfully completed its seed funding round with $2.5 million secured. This investment, co-led by Motivate Ventures, Anthemis (with support from Foxe Capital), and Rev1, marks a pivotal step in advancing HubiFi’s mission to revolutionize revenue management for high-transaction businesses. HubiFi, launched in 2023, addresses…
Nagish, a pioneering startup dedicated to enhancing communication accessibility for deaf and hard-of-hearing individuals using AI technology, has announced a significant milestone with the securing of $16 million in funding. This round includes $11 million from Series A led by Canaan Partners, with additional support from existing investors K5 Global, Tokyo Black, Cardumen Capital, Vertex…
Delta Data, a leading provider of software solutions for the global mutual fund and pooled fund industry, has announced significant advancements to its Fee Management solution. These updates empower asset management firms to seamlessly manage intermediary fees across international jurisdictions, reinforcing Delta Data’s commitment to enhancing operational efficiency and global market accessibility. The enhanced functionality…
Iktos, a pioneering leader in AI and Robotics for drug design, has announced its acquisition of Synsight, a renowned French biotech company specializing in AI-driven drug discovery targeting protein-protein (PPI) and RNA-protein (RPI) interactions. This strategic merger bolsters Iktos’ comprehensive AI-based drug discovery platform, integrating Synsight’s advanced technology to enhance biological testing capabilities crucial for…
