Founders Charlie Gordon (left) and Jake Gordon (right)

Nexio Secures $2.2 Million in Pre-Seed Funding to Advance Bitcoin Scalability with Innovative Parallelized Rollup Technology

Nexio, an emerging leader in Bitcoin scaling solutions, has announced a successful $2.2 million pre-seed funding round. The company aims to transform Bitcoin’s scalability and efficiency with its cutting-edge parallelized rollup technology. The investment will expedite Nexio’s development of its groundbreaking Bitcoin rollup system, designed to address key limitations in the Bitcoin ecosystem. Nexio’s innovative…

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Marple Secures Investment to Accelerate Growth in Data Analysis for Automotive and Aerospace Sectors

In an exciting development for the data analysis landscape, Antwerp-based startup Marple has successfully secured a new round of investment aimed at scaling its innovative platform tailored for engineers. Founded by former Formula 1 engineer Matthias Baert and his colleague Nero Vanbiervliet, Marple addresses a critical gap in the analysis of large time series datasets,…

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LeasePoint Funding Group Secures $40 Million to Fuel Growth in Equipment Financing

In a significant boost to its growth trajectory, LeasePoint Funding Group has announced the successful acquisition of $40 million in incremental funding from Altriarch Asset Management. The capital raise, facilitated by Westlake Securities, positions LeasePoint to further its expansion in the competitive equipment financing sector, meeting the burgeoning demand for innovative financial solutions from device…

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Shaped.ai Secures $8 Million in Series A Funding, Launches Self-Serve AI Platform

Shaped.ai, a pioneering AI platform specializing in personalized recommendations and search solutions for marketplaces and e-commerce, announced today the successful closure of an $8 million Series A funding round. The funding will accelerate the rollout of their new self-serve cloud product aimed at transforming user experiences across digital platforms. Founded by industry veterans from Meta…

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Sweden’s FirstQFM Secures €1.2M to Bring Quantum Computing Closer to Real-World Use

In a signal that quantum computing is edging closer to commercial relevance, Stockholm-based quantum technology company FirstQFM has raised €1.2 million (13.1 million SEK) in pre-seed funding to advance its proprietary AI foundation models designed specifically for quantum hardware. The round was led by BSV Ventures, with participation from Almi Invest, Further than Capital, and…

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Paul Nicholson Joins Amherst as Deputy Chief Investment Officer

The Amherst Group (“Amherst”), a prominent player in residential real estate investments, has appointed Paul Nicholson as its Deputy Chief Investment Officer. Nicholson returns to Amherst from Santander US Capital Markets, bringing extensive experience in mortgage-backed securities (MBS) and risk management. In his new role, Nicholson will collaborate closely with Chairman and CEO Sean Dobson…

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Quantum-Secure Access Firm Multifactor Raises $15M Seed to Bulletproof Accounts for AI Agents

Multifactor, a leading Y Combinator (F25) graduate specializing in post-quantum security, today announced it has secured $15 million in seed funding. The oversubscribed round was led by Nexus Venture Partners, signifying surging investor demand for technology that enables provably safe and shareable access to online accounts in the burgeoning era of agentic Artificial Intelligence (AI)….

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CEO Michael Yamartino Source: NYSE youtube

Route Secures $40 Million Series C Funding, Valued at $1.4 Billion, Pioneering Post-Purchase Revolution

Route, the forefront innovator in post-purchase solutions, has announced a significant milestone today with the closing of a $40 million Series C funding round, elevating its valuation to an impressive $1.4 billion. The financing, led by Hanaco VC and bolstered by JAWS Ventures, Madrona Ventures, and Granger, underscores Route’s pivotal role in reshaping the global…

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Naked Energy Secures £17M to Accelerate Global Expansion of Heat Decarbonisation Solutions

British design and engineering firm Naked Energy has successfully secured £17 million in a Series B funding round, marking a pivotal moment in its mission to advance heat decarbonisation on a global scale. The latest infusion of capital will drive the company’s expansion efforts and enhance its innovative solutions designed to mitigate heat emissions effectively….

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S&P Global Ratings Appoints Yann Le Pallec as President

S&P Global Ratings has named Yann Le Pallec, the current Executive Managing Director and Head of Global Ratings Services, as its next President. Effective November 1, 2024, Mr. Le Pallec will assume responsibility for overseeing all facets of the business, encompassing commercial operations, analytical rigor, and operational excellence. He will succeed Martina L. Cheung, who…

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