Bright Machines, a pioneer in intelligent, software-defined manufacturing, has announced a significant milestone with the closing of a $126 million Series C funding round. The financing, led by funds managed by BlackRock and with contributions from industry giants including NVIDIA, Microsoft, Eclipse, Jabil, and Shinhan Securities, along with venture debt from J.P. Morgan, underscores the…
In a significant boost for the fintech landscape, Amsterdam-based Plumery has successfully raised €3 million in a funding round led by early-stage investor DN Capital and Fontes, managed by the renowned global venture capital firm QED Investors. This latest influx of capital brings Plumery’s total funding to €7 million, positioning the company for an anticipated…
Berlin-based B2B startup Eco.mio has raised a substantial seed funding round described as “low seven-figures,” marking a pivotal moment in its mission to revolutionize sustainable business travel practices. The financing round was led by prominent investors including IBB Ventures, Identity.vc, the Hans(wo)men Group, N&V Capital, Partners in Clime, and several individual backers. Founded in 2021,…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals (ESM), proudly announces the successful completion of its latest funding round, highlighted by a substantial investment from global technology leader SLB (NYSE: SLB). This strategic investment marks a significant milestone for ILiAD Technologies, further solidifying its role in revolutionizing direct lithium extraction (DLE) technology on a global…
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…
Echelon, a pioneering decentralized lending protocol, has announced a successful $3.5 million seed funding round aimed at revolutionizing decentralized finance (DeFi) lending on Move-based blockchains. The investment round was led by Amber Group and included contributions from key players such as Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. Echelon is poised to…
In a significant stride towards combating climate change, Sirona Technologies has successfully raised €6 million in a Seed round to propel its innovative Direct Air Capture (DAC) technology. This funding, co-led by LocalGlobe and XAnge, underscores growing investor confidence in Sirona’s mission to revolutionize carbon removal from the atmosphere. Founded in 2023 and headquartered in…
Axcelis Technologies, Inc. (Nasdaq: ACLS) has announced the appointment of David Ryzhik as its new Senior Vice President of Investor Relations and Corporate Strategy, effective July 2024. Mr. Ryzhik brings over two decades of extensive experience in investor relations and financial management across various sectors. Most recently serving as Vice President of Investor Relations at…
Adyen, the renowned financial technology platform, has achieved top honors in the latest IDC MarketScape assessments for 2024. The reports, which evaluate global leaders in retail payment solutions, highlighted Adyen as a leader in both the Worldwide Retail Online Payment Platform Software Providers and the Worldwide Retail Omni-channel Payment Platform Software Providers categories. According to…
