Hoboken Farms, the brand celebrated for its clean-label pasta sauces, has successfully closed an unconventional funding round, securing over $4 million in fresh capital. Uniquely, the funding was led by a cohort of the brand’s most fervent loyalists—long-time farm market enthusiasts and customers—a testament to its deeply established community affinity. The investment is designed to…
In a decisive move to stake its ground in defense technology, Trusk Technology has secured €350,000 in funding from the North Holland Innovation Fund. The goal: to refine and deploy software for autonomous interceptor drones capable of detecting and neutralizing hostile aerial threats. Founded in 2024 by Caspar Lusink and Tom Rijntjes, the startup is…
In the labyrinthine world of freight brokerage and logistics, inefficiency has long been the silent profit killer. Fragmented systems, labor-intensive back-office processes, and error-prone workflows have hamstrung growth and squeezed margins for decades. Enter Mentium, an AI-native startup that aims to disrupt this status quo with its pioneering platform of “digital workers” designed to automate…
X-Bow Systems Inc. (X-Bow), a pioneering force in advanced manufactured solid rocket motors (SRMs) and hypersonics technologies, announced today the successful completion of its Series B financing round, raising in excess of $70 million. This significant capital infusion, led by National Security technology-focused firm Razor’s Edge, alongside contributions from Lockheed Martin Ventures, Boeing Ventures, Crosslink…
London-based Copilot Capital has announced the establishment of a groundbreaking $200 million fund aimed at propelling the growth of European software startups into global leaders. Founded in partnership with The Friedkin Group’s investment division, this initiative marks a significant leap forward in fostering innovation and entrepreneurship across the continent. Copilot Capital’s mission is clear: to…
California-based Graph AI, a promising new entrant in the pharmacovigilance space, has raised $3 million in a seed funding round led by Bessemer Venture Partners. Founded in 2024, Graph AI is pioneering an AI-native platform designed to transform the cumbersome and error-prone process of adverse drug event (ADE) monitoring that pharmaceutical companies are mandated to…
Viz.ai, a trailblazer in AI-driven disease detection and intelligent care coordination, has announced a groundbreaking partnership with the Addario Lung Cancer Medical Institute (ALCMI), a leading international consortium of 25 top lung cancer research institutions. This new collaboration aims to revolutionize early lung cancer detection and enhance patient outcomes through advanced clinical workflows and precision…
Rillet, an innovative fintech firm specializing in AI-powered accounting solutions, has secured $13.5 million in a recent funding round. The investment, spearheaded by Creandum and First Round Capital, with contributions from Chad Byers of Susa Ventures, Eventbrite founder Kevin Hartz, and other prominent industry figures, marks a significant milestone in Rillet’s mission to revolutionize accounting…
Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…
Menlo Ventures, a renowned venture capital firm known for its strategic investments, has teamed up with Anthropic, a leader in AI safety and research, to introduce the Anthology Fund—a transformative $100 million initiative. This collaborative effort aims to propel the development of cutting-edge AI applications and infrastructure solutions, leveraging Anthropic’s advanced technology and AI models….
