Allora Labs, a pioneering force behind the Allora Network, has successfully concluded a strategic funding round, catapulting their total funding to an impressive $35 million. The recent infusion of capital marks a significant milestone as the company prepares for the imminent launch of its mainnet. Founded under the former name Upshot, Allora Labs has been…
In a decisive move for the cross‑border payments landscape, Tensec, the San Francisco‑based fintech building AI‑native B2B financial infrastructure, has secured a $60 million credit facility from Upper90 Capital Management, LP (“Upper90”). This infusion is set to propel the startup from processing roughly $500 million in annual trade volume to an ambitious target of $5 billion—a ten‑fold leap aimed…
Truvian Health, a pioneering force in healthcare innovation, has announced a significant milestone with the successful closure of a $74 million funding round aimed at revolutionizing the accessibility of blood testing. This funding, led by Wittington Ventures and Great Point Ventures, marks a pivotal moment for Truvian as it prepares to advance its groundbreaking blood…
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…
In the complex world of immune-mediated diseases, where treatment options often fall short, Electra Therapeutics is carving a distinct path. The late-stage biotech, based in the U.S., has secured a robust $183 million in Series C funding to advance its groundbreaking precision therapies targeting severe immunological conditions and hematologic cancers. The financing round, co-led by…
In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…
In a significant boost for biotechnology innovation, Nuclera has successfully closed a $75 million financing round, aimed at advancing its groundbreaking eProtein Discovery platform. This Series C round was led by Elevage Medical Technologies and saw participation from various prominent investors, including Patient Square Capital, British Patient Capital, Cambridge Innovation Capital, and others. This substantial…
German data management innovator, One Data, has achieved a significant milestone with a €32 million Series B extension round, co-led by prominent European deep tech and software investors Vsquared Ventures, Molten Ventures, and HV Capital. Founded in 2012, One Data specializes in AI-powered data product builders, revolutionizing how businesses create, manage, and distribute data products…
EverFence, a pioneering force in the home improvement sector, has announced the successful closure of a $7 million Series A funding round led by HIPstr, the early-stage investment arm of HighPost Capital. This funding round aims to propel EverFence’s expansion into new markets, enhance its technological infrastructure, and bolster its team to meet the growing…
In Naples, Florida, medical-technology company Catalyst OrthoScience Inc. announced a fresh injection of $15 million in equity and debt financing, led by RC Capital and joined by Mutual Capital Partners, physician-entrepreneur board member Dr. Derace Schaffer, and Western Alliance Bank. The move underscores growing investor confidence in the company’s mission to streamline shoulder replacement surgery with fewer…
