Edinburgh, Scotland-based startup Wordsmith has announced a significant milestone in its journey towards transforming the legal landscape with AI-powered solutions. Led by a €4.6M seed funding round, spearheaded by Index Ventures and supported by General Catalyst, Felix, Yellow, and S16vc, the company aims to enhance in-house legal operations across enterprises worldwide. Founded in 2023 by…
Cubbit, an innovative force in geo-distributed cloud storage solutions, has successfully raised $12.5 million in its latest funding round, co-led by prominent investors LocalGlobe and ETF Partners. This funding marks a significant milestone for the Italian company as it advances its mission to redefine data management across global industries. In a data-driven era where the…
Cardurion Pharmaceuticals, a pioneering biotechnology firm specializing in innovative therapies for cardiovascular diseases, has announced the successful completion of a $260 million Series B financing round. Led by Ascenta Capital and supported by a consortium of esteemed investors including NEA, GV, and Fidelity Management & Research Company, this substantial funding underscores Cardurion’s commitment to advancing…
Switzerland’s EthonAI has emerged as a frontrunner in the AI-driven manufacturing revolution, raising CHF 15 million ($16.5 million) in a Series A funding round led by Index Ventures, alongside General Catalyst, Earlybird, and Founderful. In a world where factories are becoming smarter through advanced technologies like sensors and robotics, EthonAI stands at the forefront, harnessing…
In a signal-setting funding round, OneImaging has secured $38 million in fresh capital, led by Vy Capital, to scale its audacious vision: making medical imaging affordable, frictionless, and transparent. The investment comes amid swelling scrutiny of why radiology — a linchpin in diagnosis — remains so prohibitively expensive despite being essential. Headquartered in Miami, OneImaging…
Rainforest, a trailblazer in embedded payment solutions for software platforms, announced today the successful closure of an oversubscribed $20 million Series A funding round led by Matrix Partners. This funding, which also saw participation from Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners, builds on Rainforest’s previous seed round,…
Heimdall Power, a pioneering technology firm specializing in power grid optimization, has secured $25 million in its Series B funding round. This milestone investment, co-led by international energy giant Orlen and Nordic cleantech fund NRP Zero, alongside the Steinsvik Family Office, underscores Heimdall Power’s pivotal role in enhancing transmission capacity across aging power infrastructures worldwide….
Italian insurtech startup Liablix has secured €1.2 million in pre-seed funding to modernise one of the insurance sector’s most costly and error-prone workflows: motor-claims liability assessment. The round was led by DFF Ventures, with participation from FJ Labs, Plug and Play and several angel investors. Liability determination remains one of the insurance industry’s most influential…
Amazon Web Services (AWS) has appointed Sriram Santhanam as the Head of Startup Business for India, in a move that signals a strategic acceleration of its commitment to the country’s fast-growing startup ecosystem. Tasked with leading AWS’s engagement across over 20,000 startups, Santhanam will focus on enabling innovation through cloud adoption, SaaS scaling, and AI…
SamanTree Medical, a trailblazer in medical technology focusing on enhancing surgical outcomes, has successfully closed a $14 million Series B funding round. The capital infusion, spearheaded by Relyens Innovation Santé and advised by Turenne Capital, marks a pivotal moment for the company as it accelerates its mission to advance the field of surgical imaging. The…
