Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…
MagicSchool AI, the rapidly growing technology platform dedicated to K-12 educators and students, has secured $15 million in a Series A funding round led by Bain Capital Ventures. Additional investors include Adobe Ventures, Common Sense Media, and notable angel investors such as Amjad Masad, Tyler Bosmeny, Rafael Garcia, and Amir Nathoo. This investment will drive…
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….
gaiia, the innovative operating system tailored for Internet Service Providers (ISPs), has announced a successful Series A funding round, raising US$13.2 million. The investment was led by Inovia Capital, with participation from GTMfund, General Advance, Simon De Baene, Manon Brouillette (ex-CEO of Videotron and Verizon Consumer Group), and existing investor YCombinator. This funding infusion will…
Orby AI (Orby), a trailblazer in generative AI solutions for enterprise automation, has announced the successful closure of its series A funding round, raising $30 million from prominent investors. Led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with participation from Pear VC, this funding marks a pivotal moment for Orby. The capital infusion…
In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…
illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….
Pear Commerce, a trailblazer in retail ecommerce enablement, has announced the successful closure of a $10 million Series A funding round led by Stage 2 Capital. This investment underscores Pear’s rapid growth and pivotal role in enhancing shoppable experiences for leading consumer packaged goods (CPG) brands. Additional participation from investors such as Heartland Ventures and…
RareCyte, Inc., a pioneering Life Sciences company renowned for its Precision Biology platforms, has announced the successful completion of a $20 million financing round aimed at bolstering its Orion™ Spatial Biology platform. This funding, sourced from a blend of new and existing investors, including Forest Road, Arboretum Ventures, and F-Prime Capital, underscores RareCyte’s commitment to…
KarmaCheck, a pioneer in technology-driven background checks and credentialing solutions, has announced a successful $45 million Series B funding round aimed at accelerating innovation and expanding its market presence. Led by Parameter Ventures and joined by PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures, this oversubscribed investment underscores KarmaCheck’s rapid growth and the…
