In a remarkable stride towards sustainability, biotechnology startup ÄIO has successfully raised €6.1 million in funding, backed by a consortium of venture capital firms including Voima Ventures, 2C Ventures, SmartCap, and Nordic Foodtech VC. This significant investment will enable the establishment of a demonstration plant in Estonia, aimed at producing eco-friendly oils and fats derived…
Molyon, a cutting-edge battery startup emerging from the prestigious University of Cambridge, has secured a transformative $4.6 million in its first investment round. The funding, co-led by IQ Capital and Plural, marks a significant milestone in the company’s mission to unlock the potential of lithium-sulfur (Li-S) batteries. With the capital infusion, Molyon is poised to…
Monto, an Israeli fintech innovator specializing in AI-driven solutions for B2B payments, has announced the successful closure of a $9 million seed funding round. The funding, spearheaded by Scale Venture Partners and complemented by investments from Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, and Room40 Ventures, marks a pivotal step as Monto transitions from stealth…
Oldcastle BuildingEnvelope, Inc. (“OBE”), a premier manufacturer, fabricator, and distributor of architectural hardware solutions and glazing systems across North America, proudly announces the appointment of Mark Adamson as its new Chief Executive Officer, effective July 1, 2024. Mark Adamson brings over 35 years of exemplary leadership in the global building products sector to OBE. His…
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,…
Pioneering Taiwanese AI firm APMIC is set to make waves in the U.S. market with the introduction of its advanced large language model (LLM), “CaiGunn.” As the sole Taiwanese independent software vendor endorsed by NVIDIA, APMIC is primed to elevate global enterprise AI solutions. This expansion reflects APMIC’s commitment to democratizing AI and equipping businesses…
John Fenwick, Chief Information Officer at newcleo, has been honored with the prestigious CIO100 Award by the World 100 initiative at Marlow Business School. This esteemed accolade celebrates Fenwick’s exceptional leadership and significant contributions to the field of information technology on a global scale. The World 100 initiative, renowned for recognizing leaders who drive technological…
Bioniq, a trailblazer in AI-driven personalized supplements tailored to individual health needs, has successfully closed a $15 million Series B funding round. Led by prominent European VCs HV Capital and Unbound, this funding underscores Bioniq’s commitment to disrupting the one-size-fits-all approach prevalent in the dietary supplements industry. The company, valued at $75 million post-funding, plans…
Course5 Intelligence Limited (C5i), a leading AI & Analytics company, has appointed Dr. Ananth Raman, UPS Foundation Professor of Business Logistics at Harvard Business School, to its Strategic Advisory Board (SAB). Dr. Raman, renowned for his expertise in Technology and Operations Management, joins C5i to provide strategic direction in enhancing strategy, intellectual property development, and…
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…
