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,…
Swiss AI startup Albatross has announced a successful €3 million funding round, spearheaded by redalpine with additional participation from Daphni. Founded by former Amazon machine learning experts Dr. Kevin Kahn, Dr. Matteo Ruffini, and Johan Boissard, Albatross is set to redefine user engagement across eCommerce, media, and online marketplaces through innovative AI-driven personalization strategies. The…
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….
tem., an innovative AI-powered platform facilitating direct transactions between UK businesses and renewable energy generators, has successfully raised £10.5 million in Series A funding. This latest round of investment boosts the company’s total funding to £13 million, positioning it for significant expansion and impact in the renewable energy sector. The core of tem.’s platform is…
In a significant stride toward enhancing cloud security, Stream.Security has successfully closed a $30 million Series B funding round. The round was led by U.S. Venture Partners, with participation from notable new investors like Citi Ventures and existing stakeholders including Energy Impact Partners, Cervin Ventures, TLV Partners, and Glilot Capital Partners. This latest funding brings…
Revolv, a prominent provider in electric commercial fleets, has announced securing a significant funding milestone through CALSTART’s EnergIIZE program. The initiative aims to accelerate the transition of California corporations from combustion to electric fleets by covering 70% of the total charging infrastructure costs. This latest grant underscores Revolv’s pivotal role in facilitating access to critical…
In a monumental stride towards advancing global pharmaceutical logistics, SkyCell, the pioneering Swiss pharmatech firm, has announced securing $116 million in Series D funding. This landmark investment is poised to propel SkyCell’s expansion across the United States and Asia, solidifying its footprint in critical healthcare supply chains worldwide. At the heart of SkyCell’s innovation lies…
JanOne Inc. (Nasdaq: JAN), a distinguished player in healthcare and fintech sectors, has named Mr. Vay Tham as its Chief Revenue Officer and President of ALT5 Sigma, Inc., effective July 1, 2024. Mr. Tham brings over 25 years of extensive experience in capital markets, particularly in technology sectors, to his new roles. Throughout his career,…
In a significant boost for the Czech engineering sector, digital factory PARTORY has successfully secured an investment of €1.25 million from Jet Investment as part of its mission to enhance procurement efficiency and digitize supply chains for engineering and manufacturing firms. This funding will support the development of PARTORY’s software platform and facilitate its expansion…
Trestle, the pioneering platform for subcontractor and supplier data centralization and performance management in the construction industry, has successfully secured $2.3 million in pre-seed funding. The round was led by Lerer Hippeau, with participation from MetaProp, Laconia Capital, Alumni Ventures, The LegalTech Fund, Redbud VC, and Meridian Ventures. Trestle, founded in 2022, is designed to…
