Batteries Plus, the leading retailer of batteries for consumers and businesses alike, has been selected for a major grant from the U.S. Department of Energy (DOE) to spearhead a comprehensive national initiative aimed at dramatically increasing battery recycling rates. This exciting announcement marks a significant step forward for Batteries Plus, solidifying their position as a…
Supio, a groundbreaking AI-driven platform tailored for personal injury and mass tort law firms, has emerged from stealth mode with a significant $25 million Series A investment. The funding round, led by Sapphire Ventures with notable participation from Bonfire Ventures and Foothill Ventures, elevates Supio’s total funding to $33 million. Founded in 2021 by former…
In a major boost to healthcare innovation, SymBiosis and HealthTech Arkansas have announced the launch of the biophyle Trial Accelerator, a pioneering initiative aimed at bridging the gap between cutting-edge clinical-stage biotherapeutics and Arkansas’ healthcare ecosystem. This strategic program is designed to catalyze the commercialization of novel treatments by connecting biotherapeutic innovations with clinical trial…
In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…
Armata Pharmaceuticals, Inc. (NYSE American: ARMP), a leader in the development of cutting-edge bacteriophage therapies, has been awarded an additional $5.25 million in non-dilutive funding by the U.S. Department of Defense (DoD). This significant grant, facilitated through the Medical Technology Enterprise Consortium (MTEC) and managed by the Naval Medical Research Command (NMRC) and the Joint…
Bybit Web3, the Web3 division of Bybit, a leading global crypto exchange renowned for its innovation and user-centric approach, announces a groundbreaking upgrade with the launch of IDO 2.0. This new system promises to redefine decentralized fundraising, emphasizing user protection and engagement through innovative gamified rewards. Since its inception in January 2023, Bybit Web3 IDO…
Payabli, a trailblazer in the realm of payments infrastructure tailored for software companies, has successfully closed a Series A funding round totaling $20 million. Led by QED Investors and supported by existing investors TTV Capital, Fika Ventures, and Bling Capital, this investment underscores Payabli’s rapid ascent in the fintech sector amidst a staggering 340% revenue…
Term Labs, a pioneering figure in blockchain research and development, has successfully concluded a strategic funding round, securing $5.5 million to bolster its innovative fixed-rate lending platform, Term Finance. This latest round, led by Electric Capital and supported by prominent investors including Maelstrom (Arthur Hayes) and Ava Labs Blizzard Fund, marks a significant milestone in…
Best Day Brewing, recognized as the fastest-growing non-alcoholic craft beer brand in the United States, has successfully raised a total of $22.5 million in funding this year. This impressive backing from both new and existing investors highlights the burgeoning confidence in the non-alcoholic beverage sector, positioning Best Day Brewing firmly as the leading contender in…
Flip, the dynamic force in social commerce, has executed a strategic acquisition of Curated, a premier platform renowned for connecting consumers with expert advice on high-value purchases. Valued at $330 million in stock, this landmark deal underscores Flip’s commitment to revolutionizing online shopping through genuine, human-generated interactions. Flip has swiftly ascended in the social commerce…
