Coimbra, Portugal-based Eneida has secured €10.5 million in a Series B funding round led by Junction Growth Investors, marking a significant milestone in enhancing its Neighbourhood Grid Intelligence platform for Zero Emission Neighbourhoods (ZEN). The funding round also saw participation from Santander Alternative Investments, Korys, HCapital, and the company’s founders, underscoring broad support for Eneida’s…
Inscora, an innovative Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has successfully raised $2 million in its latest funding round. The investment, led by Luge Capital, includes contributions from Desjardins Capital, Accelia Capital, Inovia Capital, and notable angel investors from the cybersecurity sector. Founded by Gabriel Tremblay,…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
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…
QED Protocol, a pioneering force in the realm of Web3 development leveraging Bitcoin’s capabilities, has announced a successful $6 million funding round led by Blockchain Capital. This investment is set to propel QED’s groundbreaking technology, which promises to redefine the landscape of smart contracts, layer-two solutions, and various Web3 applications. QED Protocol stands at the…
Bio-Logical, a pioneering climate tech firm specializing in biochar carbon removal, has successfully raised $1.3 million in funding to amplify its efforts in combating climate change and enhancing the resilience of Kenyan smallholder farmers. This investment marks a significant milestone for the company as it gears up to expand its Mt. Kenya biochar facility, aiming…
When, an innovative player in the realm of employee offboarding, has announced the successful closure of a $4.6 million Seed funding round. Led by B Capital, this round also saw participation from TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, and Enfield Capital Partners. This latest influx of capital, alongside the company’s initial $2.4 million…
In a significant leap forward for workplace optimization, Pangeam has introduced its pioneering enterprise B2B SaaS platform, setting a new benchmark in how office environments are analyzed and improved. This innovative platform leverages anonymous AI sensing and deep-learning technologies to address a critical gap in workplace data, aiming to enhance both productivity and employee well-being….
HR Path, a global leader in HR consulting, has achieved a monumental milestone with the closing of a record €500 million fundraising round led by Ardian, a prominent private investment firm. This landmark financing, the largest in HR Path’s history, sets the stage for accelerated international expansion and further solidifies its position as a frontrunner…
Ario, the innovative AI-powered assistant tailored for parents, has announced a significant milestone with the closing of a $16 million seed funding round. This investment, led by Floodgate and supported by Wing Venture Capital, Bain Capital Ventures, Moxxie, and notable angels, marks a pivotal moment for Ario in advancing its mission to alleviate the invisible…
