e-Zinc Secures $31 Million to Pioneer Long-Duration Energy Storage Solutions

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….

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ACEL Power Secures $10 Million to Drive Innovation in Marine Electric Solutions

ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…

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Myolex Awarded Up to $2.2 Million NIH Grant to Enhance Muscle Health Assessment Technology

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)…

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HR Path Secures €500 Million from Ardian to Fuel Global Expansion in HR Consulting

HR Path, a global leader in HR consulting, has achieved a monumental milestone with the closing of a record €500 million fundraising round led by Ardian, a prominent private investment firm. This landmark financing, the largest in HR Path’s history, sets the stage for accelerated international expansion and further solidifies its position as a frontrunner…

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DiaMedica Therapeutics Secures $11.8 Million Investment to Advance Breakthrough Treatments

DiaMedica Therapeutics Inc. (Nasdaq: DMAC), a pioneering biopharmaceutical firm renowned for its innovative approach to severe ischemic diseases, has announced a significant milestone today. The company successfully finalized agreements for a private placement offering, securing $11.8 million in gross proceeds from accredited investors. This strategic funding round underscores DiaMedica’s commitment to advancing clinical and product…

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SoSoValue Secures $4.15 Million Seed Funding to Revolutionize AI-Driven Crypto Investment Research

Singapore-based fintech startup SoSoValue has announced the successful closure of a $4.15 million seed funding round, led by prominent investors including HongShan, GSR Markets, Alumni Ventures, CoinSummer Labs, and One Piece Labs. Noteworthy contributions also came from co-founders of leading Web3 and AI technology firms, alongside early backers of Ethereum and Gitcoin. Founded with a…

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Steerlab Closes €1.7M Funding Round to Revolutionize Sales Workflow Automation with Cutting-Edge AI Technology

Steerlab, a Paris-based AI startup, has successfully raised €1.7 million in a pre-seed funding round, positioning itself to revolutionize the sales workflow automation landscape. The investment underscores a robust commitment to developing an advanced AI platform aimed at automating responses to Requests For Proposals (RFPs) and security questionnaires. This platform promises to enhance efficiency for…

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Seaya Andromeda Secures €300 Million for Southern Europe’s First Article 9 Climatetech Fund

In a landmark achievement for Spain’s venture capital landscape, Seaya, a prominent investment firm based in Madrid, has successfully closed its Seaya Andromeda fund at an impressive €300 million. This fund marks Southern Europe’s pioneering Article 9 climatetech initiative, dedicated to advancing impact-driven growth in sectors crucial to global sustainability. Seaya Andromeda focuses its investments…

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Formlabs Expands Horizons with Acquisition of Micronics, Pioneers of Accessible 3D Printing Technology

In a bold move that underscores its commitment to innovation in 3D printing, Formlabs has announced the acquisition of Micronics, a dynamic startup emerging from the heart of Wisconsin. Founded by Henry Chan and Luke Boppart, Micronics has distinguished itself with a groundbreaking approach to Selective Laser Sintering (SLS) technology, traditionally confined to high-cost industrial…

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Eon Unveils Innovative Cloud Backup Solution with $127 Million Funding Round

In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…

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