In a significant advancement for the electric vehicle (EV) landscape, DeepDrive, a cutting-edge electric motor technology company, has successfully raised €30 million in a Series B funding round. This round was spearheaded by Leitmotif, an independent venture capital firm dedicated to decarbonization efforts across the U.S. and Europe, with notable participation from existing investors including…
In a significant development for small and medium-sized businesses (SMBs), Apron has successfully raised $30 million in a Series B funding round aimed at transforming the payment landscape for SMBs. This latest investment, coming just a year after their $15 million Series A, underscores the rapid growth and innovation that Apron is bringing to the…
Argus, the leading global energy and commodity price reporting agency, has announced the appointment of Maria Hooper to its esteemed board of directors. Maria Hooper brings over 15 years of profound expertise in the energy sector, cultivated through senior leadership roles at ConocoPhillips (COP) and Phillips 66 (P66). Notably, she served as a trusted advisor…
In a landmark development for the quantum computing industry, Quantum Source has successfully closed a $50 million Series A funding round. The investment, spearheaded by Eclipse, was also supported by prominent investors including Standard Investments, Level VC, Canon Equity, as well as existing backers Pitango First, Grove Ventures, 10D, and Dell Technologies Capital. This latest…
Trever, a leading provider of institutional operating systems for digital assets, has successfully raised €2.4 million in seed funding to propel its expansion across European markets. Specializing in offering robust infrastructure for trading, transfer, and bookkeeping of digital assets, Trever has solidified its position as a trusted partner for financial institutions in the DACH region…
QpiAI, a leading enterprise in the realm of quantum computing and generative AI, has successfully closed its first external financing round amounting to $6.5 million. This investment, led by Yournest and SIDBI Venture Capital, marks a significant milestone for the company as it accelerates the development of cutting-edge products and platforms in quantum computing and…
In a strategic move that underscores the growing momentum in the dermatological innovation sector, Horizon Technology Finance Corporation (NASDAQ: HRZN) has announced the closing of a $50 million venture loan facility for Pelthos Therapeutics Inc. (NYSE American: PTHS). The financing structure provides an immediate liquidity injection of $30 million, with an additional $20 million available…
Ridley, the artificial intelligence-powered real estate platform committed to eliminating costly commission fees for homeowners, today announced it has closed a $6.4 million seed funding round. The investment was spearheaded by Fifth Wall, recognized as the world’s largest investment firm focused on technology for the built environment. The round saw strong participation from a coalition…
DreamBig Semiconductor Inc., a trailblazer in high-performance accelerator platforms, announced today the successful closure of a $75 million Series B funding round. Co-led by the Samsung Catalyst Fund and the Sutardja Family, this investment is set to propel the company’s innovative Chiplet Hub™ technology and platform chiplets into new frontiers of AI inference and training….
Movate, a leading digital technology and customer experience (CX) services provider, has named Dariyus Setna as its new Executive Vice President (EVP) and Chief Revenue Officer (CRO) for Digital Services. Setna, a seasoned business leader with over 25 years of experience, joins Movate from Globant, where he significantly contributed to quadrupling revenue and increasing market…
