Create Wellness, Inc., a trailblazer in the health and wellness sector, has successfully raised $5 million in Series A funding, spearheaded by Unilever Ventures. This latest investment boosts Create Wellness’ total funding to $7.3 million. The funds will be instrumental in advancing the company’s mission to broaden access to its pioneering creatine-based products. Founded by…
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…
In a strategic move poised to revolutionize the automotive industry, COMPREDICT, a leader in AI-powered solutions for software-defined vehicles, has announced a significant milestone with a $15 million Series B funding round. This round was led by Woven Capital, Toyota’s growth fund, marking a pivotal moment in COMPREDICT’s journey to redefine vehicle functionality through advanced…
In a strategic move aimed at consolidating its position in its home market, Turkish food delivery giant Getir has announced a significant $250 million investment led by Abu Dhabi’s Mubadala Investment Co. This funding round underscores Mubadala’s continued confidence in Getir’s core business operations in Turkey. Founded in Istanbul in 2015, Getir has emerged as…
In a groundbreaking move set to redefine Dubai’s technological landscape, Polynome Group, a leading UAE-based technology firm, has announced the launch of a visionary $100 million fund dedicated to advancing AI startups. This strategic initiative, unveiled during the prestigious AI Retreat organized by the Dubai Centre for AI Applications in collaboration with the National Programme…
Hayden AI Technologies, a frontrunner in vision AI solutions tailored for smart cities, has secured a substantial $90 million in Series C funding. The round was spearheaded by The Rise Fund, the impact investing arm of TPG, alongside contributions from existing backers such as the Drawdown Fund and Autotech Ventures. This infusion of capital will…
Stockify Fintech, a dynamic player in India’s fintech landscape, has announced bold expansion plans with the unveiling of a new office in Kolkata, slated to commence operations in July 2024. This strategic move aims to fortify Stockify’s foothold in eastern India, aligning closely with its ambitious revenue target of $20 million for the current fiscal…
In a significant advancement for operating theatre safety, Alesi Surgical, a pioneering UK surgical technology firm, has successfully raised £5 million in a funding round led by Mercia Ventures. This latest investment, which also includes participation from existing investors IP Group and Panakès Partners, will be instrumental in scaling the company’s innovative smoke management solutions….
Viz.ai, a trailblazer in AI-driven disease detection and intelligent care coordination, has announced a groundbreaking partnership with the Addario Lung Cancer Medical Institute (ALCMI), a leading international consortium of 25 top lung cancer research institutions. This new collaboration aims to revolutionize early lung cancer detection and enhance patient outcomes through advanced clinical workflows and precision…
Altana, the trailblazer in Value Chain Management Systems, has successfully closed a $200 million Series C funding round. Led by Thomas Tull’s US Innovative Technology Fund (USIT), this round also saw contributions from March Capital, Generation Investment Management, Salesforce Ventures, Friends and Family Capital, and Altana’s key existing investors, including GV (Google Ventures), Activate Capital,…
