In a transformative move poised to reshape app development dynamics, Polish-founded startup Proofs has secured $2.6 million in a pre-seed funding round led by Earlybird Venture Capital. This strategic investment, which also includes participation from Expeditions Fund, Step Function Ventures, RTP Global, and esteemed angel investors, underscores Proofs’ pivotal role in accelerating innovation at the…
In a significant boost for the clean energy sector, WATTALPS, a pioneering French lithium-ion battery startup, has successfully closed a Series A funding round, securing €11 million. This strategic investment, announced on August 27, 2024, positions WATTALPS to substantially advance its technology and expand its market reach. The funding round saw participation from a distinguished…
Movandi, a pioneer in advanced RF and millimeter-wave (mmWave) infrastructure, has just secured $40 million in strategic funding to accelerate the deployment of next-generation connectivity across terrestrial and non-terrestrial networks. The round was anchored by a $20M investment from ITHCA Group, Oman’s sovereign-backed technology investor, with co‑investment from Phaistos Investment Fund, VT Alliance, Murata, and…
In a groundbreaking move set to redefine Dubai’s technological landscape, Polynome Group, a leading UAE-based technology firm, has announced the launch of a visionary $100 million fund dedicated to advancing AI startups. This strategic initiative, unveiled during the prestigious AI Retreat organized by the Dubai Centre for AI Applications in collaboration with the National Programme…
In a significant boost for the cellular agriculture sector, foodtech startup Sallea has announced a successful funding round of $2.6 million, aimed at advancing the production of premium whole cuts of cultivated meat and fish. Founded in November 2023 by an innovative all-female team, Sallea is poised to redefine how cultivated proteins are produced, moving…
In a groundbreaking display of technological innovation, HaiLa Technologies Inc. and e-peas Semiconductor have introduced a revolutionary solution at Sensors Converge in Santa Clara. Their collaborative effort showcases the world’s first battery-free, Wi-Fi-based sensor system, leveraging ambient light to power continuous data transmission. The focal point of this achievement is HaiLa’s BSC2000 Wi-Fi passive backscatter…
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…
In an exciting development for eco-conscious families and LEGO enthusiasts alike, Sort A Brick, a Lithuanian startup, has successfully raised €1.15 million to enhance its innovative AI-driven LEGO brick sorting service. With plans to launch operations in Germany by 2025, the company aims to revolutionize how families reuse their old LEGO collections while contributing to…
Markel Group Inc (NYSE: MKL) has named Jennifer Gebran as the new Head of Casualty for the Middle East and North Africa (MENA) region, effective immediately. In her role, Gebran will lead the development of Markel’s casualty underwriting strategy in MENA, focusing on enhancing underwriting capabilities and driving profitable growth. With over 13 years of…
Today marks a significant milestone for Inventive as they announce their official launch alongside the successful closure of a $6.5 million seed funding round led by Wing VC. Additional contributions came from Tokyo Black and a distinguished group of angel investors, including former executives from Google and Meta. This funding is earmarked to propel Inventive’s…
