Formic, a trailblazer in Robotics-as-a-Service (RaaS) for American manufacturers, has announced a substantial boost with a $27.4 million infusion in Series A funding, led by Blackhorn Ventures. This latest round, which brings Formic’s total Series A funding to over $52 million since January 2022, marks a pivotal moment in the company’s mission to revolutionize automation…
Foray Bioscience, a pioneering force in sustainable biotechnology, has announced a significant milestone with the successful closure of a $3 million seed funding round led by ReGen Ventures. This latest injection of capital, supported by prominent investors including The Engine Ventures and Susquehanna Sustainable Investments, underscores Foray’s commitment to reshaping the future of plant-based industries…
Adonis, a pioneering force in healthcare financial technology headquartered in New York City, has announced a significant milestone with the successful closure of a $31 million Series B funding round. The financing was led by Point72 Private Investments, with participation from new investor Kin Ventures, alongside existing supporters General Catalyst, Bling Capital, and Max Ventures….
HydroX AI, a pioneering AI startup dedicated to advancing safety and security in large language models (LLMs), has announced the successful closure of a $4 million angel funding round. This investment, led by Vitalbridge Capital and Atom Capital, along with prominent AI expert Qi Lu, EVP of Microsoft and former COO of Baidu, will bolster…
Innosphere Ventures Fund has announced a strategic investment in Nickelytics, a trailblazer in blending out-of-home (OOH) and digital advertising to drive measurable return on investment (ROI). This partnership aims to accelerate Nickelytics’ growth and further enrich its pioneering advertising platforms. Nickelytics leads the charge in OOH advertising with innovative solutions such as vehicle wraps and…
Cloudian, a pioneer in secure S3-compatible AI data lake platforms, has announced a significant milestone with the closing of a $23 million growth financing round led by Morgan Stanley Expansion Capital. This investment underscores Cloudian’s robust performance in the burgeoning market of AI data management solutions. The funding infusion will propel Cloudian’s strategic initiatives in…
AnchorZero, a pioneering fintech firm aimed at democratizing advanced tax strategies previously reserved for the ultrawealthy, has announced a significant milestone today. The company has successfully closed an $8 million seed funding round, led by prominent investors Bain Capital Crypto and Spark Capital, with additional contributions from Ethereal Ventures, Mischief Capital, Pascal Capital, Robot Ventures,…
Qure.ai Technologies Limited has secured a significant strategic investment from the Merck Global Health Innovation Fund in its latest Series D funding round. This partnership marks a pivotal moment for advancing artificial intelligence (AI) in healthcare, particularly in the realm of medical imaging. Qure.ai, renowned for its groundbreaking AI applications, including early detection tools for…
UroMems, a pioneering global company specializing in mechatronics technology for treating stress urinary incontinence (SUI), has secured $47 million in its Series C financing round, marking a record fundraising achievement for the company. This capital infusion will propel pivotal clinical trials of their groundbreaking UroActive™ System, the world’s first smart automated artificial urinary sphincter (AUS)…
Rocketlane, a leading provider of AI-powered solutions for professional services teams, has announced a significant milestone with the closing of a $24 million Series B funding round. The investment round was co-led by 8VC, Matrix Partners India, and Nexus Venture Partners, bringing Rocketlane’s total funding to $45 million. Rocketlane aims to transform how professional services…
