Ubie, founded in 2017, has announced it has now secured over $125 million in cumulative funding, as it accelerates its expansion into the U.S. with generative AI and provider-focused solutions. The milestone builds upon the company’s previous $26.2M Series C, bringing total backing to more than $59.8M since the previous raise in August 2022. Led…
Great news for Kentucky veterans! USA Cares, a national non-profit headquartered in Louisville, has received a significant grant of $2 million from the Commonwealth of Kentucky. This funding will provide vital financial assistance to veterans across the state, ensuring they receive the support they deserve. The funding, distributed over two years, will be instrumental in…
PQShield, a pioneering force in post-quantum cryptography, has raised $37 million in Series B funding to advance its mission of fortifying digital security against future quantum computing threats. The investment round was led by Addition, spearheaded by Lee Fixel, with participation from new strategic investors Chevron Technology Ventures, Legal & General, and Braavos Capital, alongside…
In a fresh chapter for creator-driven commerce, ShopMy, the curated commerce infrastructure company, has secured $70 million in a funding round led by Avenir, bringing its valuation to $1.5 billion. This capital injection, bolstered by heavyweight investors including Bain Capital Ventures, Bessemer Venture Partners, Menlo Ventures, and notable individual backers like Sofia Richie and Aimee…
STAG Industrial, Inc. (NYSE: STAG) has announced the appointment of Vicki Lundy Wilbon to its esteemed Board of Directors, effective July 1, 2024. Ms. Wilbon brings a wealth of experience in the real estate sector, serving since 1995 at The Integral Group LLC, a prominent firm specializing in urban revitalization through master planned developments. As…
Berlin-based startup SIRIUS has successfully secured $4 million in Seed funding, aimed at revolutionizing online music education. Founded in 2020, SIRIUS has emerged as a beacon for both aspiring musicians and educators, addressing the critical challenges faced by 91% of self-employed music teachers and students battling long wait times in urban areas. Traditional online music…
In a groundbreaking move for sustainability in fashion, Retraced, a leading platform for supply chain digitization and traceability, has successfully closed a €15 million Series A funding round. This round, spearheaded by Partech, a prominent European tech investment firm, also saw contributions from existing investors including Alante Capital, Alstin Capital, Samaipata, and F-Log Ventures. Retraced’s…
Turnover Labs, an innovative start-up based in New York City, has announced the successful closing of a $1.4 million Pre-Seed funding round, aimed at revolutionizing the chemical manufacturing sector and significantly reducing carbon emissions. The funding round was co-led by Pace Ventures and GC Ventures, with participation from Sandy Spring Climate Partners and other prominent…
In a significant advancement for defense technology, 1st Edge, a prominent small business provider to the Department of Defense, has been awarded a substantial $35.8 million Other Transaction Authority (OTA) contract by the U.S. Army Space and Missile Defense Command (SMDC). This three-year initiative will focus on developing pioneering artificial intelligence and machine learning (AI/ML)…
Conceal, the Augusta, Georgia startup behind a browser‑native take on Security Service Edge, has closed a $26 million Series B round led by Two Bear Capital, with continued backing from Allegis Cyber and Gula Tech Adventures. The fresh capital is earmarked to accelerate product development, expand go‑to‑market efforts, and scale its team. At the helm…
