In a pivotal move for inclusive financing, JPalmer Collective (JPC), an asset-based lending firm committed to supporting high-growth, women-led, and natural products companies, has successfully raised $72 million in gross proceeds. This substantial capital infusion is set to enhance JPC’s growth trajectory and facilitate new loans for its carefully selected clientele. The capital raise comprised…
Athena Security, a pioneer in concealed weapons detection systems, has successfully completed a $10 million seed funding round. This substantial investment was spearheaded by the company’s founders, Lisa Falzone and Chris Ciabarra, reflecting their strong belief in the company’s innovative technology and the increasing demand for sophisticated security solutions. Chris Ciabarra, CTO and co-founder of…
Mundi Ventures has announced the successful closure of a €25 million investment round, led by the Agencia Española de Cooperación Internacional para el Desarrollo (AECID). This substantial funding will be channeled into insurtech startups and related sectors aimed at enhancing and digitalizing the insurance landscape in Latin America. AECID, a key entity within the Spanish…
In a significant development for the HR technology sector, Czech-Slovak startup Sloneek has announced a major funding milestone, securing €3.6 million from a consortium of prominent investors. This infusion of capital marks the largest investment to date for the rapidly growing B2B SaaS company, propelling its expansion into Western European markets. Founded with the vision…
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…
OpenAI continues its strategic expansion into enterprise solutions with the acquisition of Multi, a startup known for its innovative video-first collaboration platform. This move comes shortly after OpenAI’s acquisition of database tech firm Rockset, signaling a robust M&A strategy aimed at bolstering its capabilities in corporate software solutions. Multi, previously known as Remotion, gained traction…
Cosm, the vanguard of immersive technology and entertainment, has announced a groundbreaking $250 million in new funding. This substantial capital injection is set to fuel Cosm’s ambitious plans for global expansion, enhancing its “Shared Reality” venues and advancing its technology and media initiatives. The latest funding round saw contributions from a prestigious roster of investors…
ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…
e-Zinc, a trailblazer in sustainable long-duration energy storage utilizing zinc-air battery technology, has announced the successful completion of a $31 million Series A2 funding round. Led by Evok Innovations and bolstered by investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners, this funding will propel e-Zinc’s efforts in advancing commercialization initiatives….
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,…
