Bright Machines, a pioneer in intelligent, software-defined manufacturing, has announced a significant milestone with the closing of a $126 million Series C funding round. The financing, led by funds managed by BlackRock and with contributions from industry giants including NVIDIA, Microsoft, Eclipse, Jabil, and Shinhan Securities, along with venture debt from J.P. Morgan, underscores the…
Polystyvert Inc., a pioneering clean technology company specializing in recycling solutions for styrenic plastics, has successfully closed the first tranche of its Series B funding, raising over $16 million. This significant investment, led by European and North American backers including Infinity Recycling, SWEN Blue Ocean, and Earth Foundry, marks a pivotal moment in Polystyvert’s mission…
In a market ripe for disruption, Assistive Technology Development, Inc. (ATDev) is carving a distinct path forward with its AI-driven rehabilitation and mobility solutions. The Orange, California–based startup recently closed a $3 million seed round led by Dobrzelecki Legacy Ventures, alongside contributions from Uphonest Capital, The Life Science Angels, and a consortium of industry veterans….
Field-sales intelligence startup Donna has raised $4.8 million in new funding to expand its AI-powered sales assistant across Europe and the United States, strengthening its position in the fast-growing field-sales enablement category. The round was led by Frontline Ventures, alongside participation from existing backers and a network of experienced angel investors. Field sales teams, despite…
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…
Protect AI, a premier provider of security solutions for artificial intelligence (AI) and machine learning (ML) systems, has successfully raised $60 million in its Series B funding round. Evolution Equity Partners spearheaded this financing, with additional backing from 01 Advisors, StepStone Group, Samsung, and continued support from existing investors including Acrew Capital, boldstart ventures, Knollwood…
REMspace, a pioneering neurotechnology firm dedicated to advancing the practice of lucid dreaming, has successfully closed a $1 million seed funding round. The investment, raised from prominent lucid dreaming practitioners and enthusiasts across Europe, positions REMspace to accelerate its mission of making lucid dreaming accessible on a global scale. Led by CEO Michael Raduga, REMspace…
In a significant leap forward for orthopedic advancements, ABANZA, a frontrunner in innovative soft tissue repair solutions, proudly announces the successful closure of its Pre-Series A funding round, amassing $5 million. This pivotal financial injection was spearheaded by a Family Office with a robust portfolio in medical device investments, complemented by contributions from private investors…
In a remarkable demonstration of confidence from investors, UK-based luxury retail platform Cult Mia has successfully raised an additional $2 million, bringing its total seed funding to $5 million. This latest round builds upon an initial $3 million raise completed in November 2023, led by Fuel Ventures with notable participation from Morgan Stanley and David…
Pioneering Taiwanese AI firm APMIC is set to make waves in the U.S. market with the introduction of its advanced large language model (LLM), “CaiGunn.” As the sole Taiwanese independent software vendor endorsed by NVIDIA, APMIC is primed to elevate global enterprise AI solutions. This expansion reflects APMIC’s commitment to democratizing AI and equipping businesses…
