Car Capital Technologies Expands Financing Capabilities and Leadership Team Amidst Growth

Car Capital Technologies, Inc. (“Car Capital”), a leading provider of financing solutions for independent and franchise automotive dealerships, has announced significant advancements in its growth strategy. The company has secured a $70 million committed warehouse facility and reinforced its equity capital, marking pivotal steps towards enhancing its market presence in automotive financing. The senior/subordinate warehouse…

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Zhiyi Biotech Reports Successful Phase I Results for SK10 in Chemotherapy-induced Diarrhea Treatment

Zhiyi Biotech, a pioneering clinical-stage biotech specializing in live biotherapeutic products (LBPs), has achieved significant milestones with its latest clinical trial results for SK10. The Phase I study, conducted in the United States, has demonstrated promising outcomes in the treatment of chemotherapy-induced diarrhea (CID) using SK10, an innovative heat-killed Bacteroides fragilis product. The randomized, double-blind,…

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DeepOpinion Secures €11 Million to Revolutionize Disaster Claims Automation

In a significant stride towards enhancing disaster claims processing, Austrian startup DeepOpinion has successfully raised €11 million in a Series A funding round. Specializing in enterprise-level process automation, DeepOpinion harnesses advanced AI technology to tackle the complexities of knowledge-intensive tasks within business operations. Recent natural disasters, particularly floods in Austria, have illuminated the urgent challenges…

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Spear Bio Secures $45 Million in Oversubscribed Series A Round to Revolutionize Protein Research and Diagnostics

Spear Bio Inc., an innovative biotechnology company specializing in ultra-sensitive protein detection, has successfully closed an oversubscribed $45 million Series A financing round. The investment was co-led by Foresite Capital and Bio-Techne Corporation, with additional support from Maverick Ventures, Yonjin Capital, and CDH Investments. Vikram Bajaj, Managing Director at Foresite Capital, will join Spear Bio’s…

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Coldcart Secures $6.5M Seed Round to Revolutionize Perishable Parcel Shipping

Coldcart, a pioneering force in the realm of frozen and refrigerated parcel logistics, has successfully closed an oversubscribed seed financing round, raising $6.5 million. This funding, led by Collide Capital and supported by notable investors including Material and Great North Ventures, marks a significant milestone for the company as it accelerates its mission to streamline…

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Odaseva Secures $54M Series C Funding to Propel Global Expansion and Innovation

Odaseva, the esteemed enterprise data security platform specializing in Salesforce, has announced a significant milestone with the closure of a $54 million Series C equity financing round. This latest funding, led by Silver Lake Waterman and supported by existing investors F-Prime, Eight Roads, and Serena Capital, alongside new backers Eurazeo and Crescent Cove, marks a…

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Spotlight Medical Secures €6.2 Million to Revolutionize Cancer Care with AI-Powered Prognosis Tests

A beacon of hope emerged in the fight against cancer this week, as Spotlight Medical, a pioneering French startup, announced securing €6.2 million in seed funding. This significant investment, led by renowned healthcare innovation firms Kurma Partners and Heal Capital, propels the company’s mission to transform cancer treatment through the power of artificial intelligence (AI)….

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Credo AI Secures $21 Million in Series B Funding, Strengthens Leadership Amid Surge in AI Governance Demand

Credo AI, a frontrunner in AI governance solutions, has successfully closed a $21 million Series B funding round, bringing its total funding to $41.3 million. This round saw significant contributions from CrimsoNox Capital, Mozilla Ventures, and FPV Ventures, alongside continued support from Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund. The new capital…

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Beacon AI Secures $15M in Series A Funding to Revolutionize Aviation Safety

In a significant stride toward transforming aviation safety and efficiency, Beacon AI has announced the successful closure of a $15 million Series A funding round, led by Costanoa Ventures. The round saw substantial participation from Scout Ventures, along with contributions from prominent investors, including Sam Altman and JetBlue Ventures. This latest infusion of capital elevates…

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Leasi Secures €1.1 Million Pre-Seed Funding to Revolutionize Machine Management in Construction

Leasi, a pioneering Norwegian startup specializing in construction technology, has announced a significant milestone with the completion of a €1.1 million pre-seed funding round. This round saw strategic investments from industry giants including Skanska, a global leader in construction, and StartupLab, Norway’s foremost early-stage investor. Additional backing came from Gnist Capital and Weseed, marking a…

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