October 4, 2024
Headlines

BillionToOne Secures $130 Million to Advance Pioneering Molecular Diagnostics, Achieves $1 Billion Valuation Milestone

Editor03 mins

BillionToOne, a trailblazing molecular diagnostics company, has achieved a significant milestone by raising $130 million in its Series D funding round, marking a valuation surpassing $1 billion. This oversubscribed financing round was led by Premji Invest, with major contributions from Neuberger Berman and existing investors Adam Street Partners, Baillie Gifford, and Hummingbird Ventures, among others….

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FOSSA Systems Secures €6.3 Million to Expand IoT Satellite Constellation for Global Industrial Applications

Editor04 mins

FOSSA Systems, an innovative leader in space technology based in Madrid, has successfully closed a Series A funding round, raising €6.3 million to advance its pioneering IoT satellite constellation. This funding round was co-led by Indico Capital Partners and Nabtesco Technology Ventures, with additional participation from Newmind Venture and Sabadell Venture Capital. The investment will…

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Nick Emmons, Co-Founder of Allora Labs

Allora Labs Secures $35 Million in Strategic Funding as Allora Network Gears Up for Mainnet Launch

Editor08 mins

Allora Labs, a pioneering force behind the Allora Network, has successfully concluded a strategic funding round, catapulting their total funding to an impressive $35 million. The recent infusion of capital marks a significant milestone as the company prepares for the imminent launch of its mainnet. Founded under the former name Upshot, Allora Labs has been…

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Instructure Bolsters K-12 Credentialing with Scribbles Acquisition

Editor04 mins

Instructure Holdings, Inc. (NYSE: INST), a leading provider of learning management solutions, announced today the successful completion of its acquisition of Scribbles, a prominent K-12 credentialing and records management company based in Charlotte, North Carolina. This strategic move strengthens Instructure’s foothold in the K-12 space by expanding its credentialing network and bolstering its support for…

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CEO Bert Baeck timeseer.AI

OTB Ventures Invests in Timeseer.AI, Paving the Way for Next-Gen Data Operations Innovation

Editor05 mins

In a significant move underscoring the growing importance of data quality in AI-driven industries, Amsterdam-based OTB Ventures has announced a strategic investment in Timeseer.AI, an innovative data operations (DataOps) firm headquartered in Antwerp. This infusion of capital, the exact amount of which remains undisclosed, marks a pivotal step for both companies as they aim to…

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Endoron Medical Secures $10 Million in Series A Funding to Propel Breakthrough Endovascular Solution

Editor04 mins

In a significant stride towards revolutionizing the treatment of abdominal aortic aneurysms (AAA), Endoron Medical has announced the successful closure of a $10 million Series A funding round. Led by Sofinnova Partners and bolstered by contributions from the European Innovation Council Fund, this funding marks a pivotal moment for Endoron as it accelerates the development…

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Orus Energy Secures €2.2M to Revolutionize Power Grid Decarbonization Efforts

Editor04 mins

Orus Energy, an innovative energy flexibility platform, has successfully secured €2.2 million in a pre-seed funding round aimed at advancing its mission to decarbonize the power grid. The platform utilizes cutting-edge machine learning algorithms to optimize energy consumption across buildings, offering dynamic adjustments that align with the cheapest and greenest electricity periods. This capability not…

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Avi_Meir_CEO_Co-Founder_Travelperk

TravelPerk Acquires AmTrav in Bold Move, Secures $135 Million for U.S. Expansion

Editor05 mins

In a strategic maneuver set to redefine the corporate travel sector, TravelPerk has announced its acquisition of Chicago-based AmTrav alongside a substantial $135 million funding boost. This move not only underscores TravelPerk’s commitment to expanding its footprint in the lucrative U.S. market but also positions it as a formidable player in global travel technology. Founded…

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opus1.io Secures Strategic Investment from Five Elms Capital to Propel Growth and Innovation in Performing Arts Management

Editor08 mins

opus1.io, a leading provider of end-to-end practice management solutions for lesson and class-based performing arts businesses, announced a significant strategic investment from Five Elms Capital. This funding infusion underscores Five Elms Capital’s confidence in opus1.io’s transformative platform, designed to streamline operations and foster growth within the performing arts sector. Founded by Sam Lellouche, a seasoned…

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