Brightspeed, a leading fiber broadband provider committed to enhancing connectivity across the nation, has announced a significant boost in its efforts to bridge the digital divide in North Carolina. The company has secured $22.5 million in funding from the N.C. Department of Information Technology’s Division of Broadband and Digital Equity’s Completing Access to Broadband (CAB)…
Kimmeridge, an influential alternative asset manager in the energy sector, has appointed David Lawler as Chief Executive Officer of its affiliate, Kimmeridge Texas Gas (“KTG”). With over 30 years of distinguished experience in the energy industry, Mr. Lawler assumes leadership at KTG, tasked with advancing its vision to become a leading provider of LNG from…
M2X Energy Inc. has achieved a significant milestone with the successful closure of a $40 million Series B financing round, led by Conifer Infrastructure Partners (“Conifer”). This round also saw enthusiastic participation from existing Series A investors including Breakthrough Energy Ventures (“BEV”), Eni Next, Add Ventures by SCG, and Autodesk Foundation, underscoring strong confidence in…
Predicta Biosciences, a pioneering precision oncology company, has announced a significant milestone with the successful closure of an oversubscribed $5.2 million seed funding round. Led by The Engine Ventures, this round saw participation from notable investors including Illumina Ventures, Time Boost Capital, the American Cancer Society Bright Edge, and the Oetgen family. The funds raised…
Aetion®, a pioneering healthcare analytics company specializing in real-world evidence (RWE), has appointed Ken Watson as its new Chief Technology Officer (CTO). The announcement coincides with the launch of Aetion’s new RWE technology hub in Barcelona, Spain, aimed at assembling top talent to drive innovation in healthcare analytics. Ken Watson brings a wealth of experience…
Berlin-based health tech innovator Roger has successfully secured €7 million in seed funding, with prominent investors including Google Ventures (GV) and Partech leading the round. The funding round also saw participation from notable angel investors, including the founders of Orderbird, Payone, and the US-based platform Klara. Founded in 2021 by Victor Charlier and Andreas Wolff,…
Myolex, Inc., a pioneering company in muscle health assessment technology, has been awarded a grant of up to $2.2 million from the National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS) of the National Institutes of Health (NIH). This Direct-to-Phase 2 Small Business Innovation Research (SBIR) grant will advance Myolex’s electrical impedance myography (EIM)…
In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
In a remarkable development for the sustainability sector, Briink, a Berlin-based AI startup, has secured €3.85 million in Seed funding to enhance the capabilities of ESG (Environmental, Social, and Governance) teams. The funding round was co-led by EquityPitcher Ventures and 13books Capital, with participation from existing investors including Merantix and seed + speed Ventures, along…
EdgeRunner AI, a trailblazing startup focused on developing Generative AI solutions for edge computing environments, has emerged from stealth mode with the announcement of a $5.5 million seed funding round. The investment, led by Four Rivers Group and supported by Madrona Ventures and strategic angels, positions EdgeRunner AI at the forefront of transforming how enterprises…
