BitoGroup and Bankee Unveil World’s First Crypto-Friendly Bank Account in Taiwan

BitoGroup, Taiwan’s pioneering cryptocurrency market leader, has joined forces with Far Eastern International Bank Bankee to launch the world’s inaugural dedicated crypto-friendly bank account. This groundbreaking initiative marks a pivotal moment in the financial sector, bridging the gap between traditional banking systems and digital assets amid increasing global crypto adoption. The collaboration between BitoGroup and…

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Verituity Secures $18.8M to Drive Expansion of AI-Powered Payout Solutions

Verituity, a leader in intelligent payout solutions, has successfully closed an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital, with participation from Ardent Venture Partners and MTech Capital. This funding infusion is set to propel Verituity’s growth across banking, insurance, mortgage servicing, and energy sectors, marking a significant stride in its mission…

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Not Another Legal AI App: Syntracts Raises $5.3M for On-Prem Infrastructure

When it comes to AI adoption in law, the stakes are rarely just about speed or automation — they’re about trust. Confidentiality is sacrosanct, and yet the allure of AI-driven productivity looms large. Into this paradox steps Syntracts, a Washington, D.C.-based startup that’s quietly building what it believes is the missing link: a secure, on-premises…

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Iktos Expands AI-Driven Drug Discovery Capabilities with Acquisition of Synsight

Iktos, a pioneering leader in AI and Robotics for drug design, has announced its acquisition of Synsight, a renowned French biotech company specializing in AI-driven drug discovery targeting protein-protein (PPI) and RNA-protein (RPI) interactions. This strategic merger bolsters Iktos’ comprehensive AI-based drug discovery platform, integrating Synsight’s advanced technology to enhance biological testing capabilities crucial for…

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Family.cards Secures €1.2M Seed Funding to Enhance Digital Accessibility for Seniors

In a significant boost for digital inclusivity among seniors, Family.cards, a burgeoning healthtech startup, has announced the successful closure of a €1.2 million seed funding round. The investment was led by Brandenburg Kapital and OHA Osnabruck Healthcare 7 Ventures, with participation from existing backers, Antler and Birdhouse. Founded in 2022 by Teo Ortega and Simon…

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BTRY Secures €153K Investment to Revolutionize Battery Technology with One-Minute Charging

Swiss battery technology startup BTRY has announced a successful €153,000 investment from Venture Kick to advance its groundbreaking one-minute charging solid-state battery. Founded in 2023 as a spin-off from Empa and ETH Zurich by Dr. Moritz Futscher, Dr. Abdessalem Aribia, and Dr. Yaroslav Romanyuk, BTRY is set to transform the battery industry with its innovative…

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Sort A Brick Secures €1.15M to Expand AI-Powered LEGO Sorting Service

In an exciting development for eco-conscious families and LEGO enthusiasts alike, Sort A Brick, a Lithuanian startup, has successfully raised €1.15 million to enhance its innovative AI-driven LEGO brick sorting service. With plans to launch operations in Germany by 2025, the company aims to revolutionize how families reuse their old LEGO collections while contributing to…

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Clasp Secures Over $10 Million in Funding to Transform Workforce Recruitment

Clasp, formerly known as Stride Funding, has announced the successful closure of an oversubscribed venture funding round, securing over $10 million. The round was led by Crosslink Capital, a prominent venture firm with a $4.6 billion portfolio, pushing Clasp’s total funding to more than $30 million. New strategic investors include the Society for Human Resource…

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Vertus Energy Secures €8.75M Seed Funding to Revolutionize Waste-to-X Biotech Solutions

Vertus Energy, a pioneering industrial biotech firm specializing in Waste-to-X solutions, has successfully raised €8.75 million in a Seed funding round to advance its innovative approach to managing bacteria behavior in biogas production. This funding marks a significant milestone for Vertus Energy as it strives to redefine waste treatment by converting it into valuable resources…

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AM Batteries Secures $2.23M Grant to Launch Cutting-Edge Customer Success Center

AM Batteries (AMB), a leader in lithium-ion dry-electrode technology, has unveiled its state-of-the-art Customer Success Center, marking a significant milestone in advancing sustainable battery production. The center, funded by a $2.23 million grant from the Massachusetts Manufacturing Innovation Initiative (M2I2), is set to revolutionize the industry with its cutting-edge capabilities in dry-electrode manufacturing. AMB’s Customer…

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