Escala, the cutting-edge CRM platform designed to enhance client acquisition and retention for Hispanic small and medium-sized businesses (SMBs), has announced the successful completion of a $12 million investment round. Co-led by venture capital firms IGNIA and Alaya Capital, with additional support from High Alpha and other investors, this funding marks a significant milestone for…
In a significant development for the realm of public tenders, Tengo(https://www.tengo.cc), a cutting-edge SaaS platform designed to streamline the tender process, has announced a successful €3 million funding round led by Point Nine, underscoring its rapid growth and transformative impact. Founded in 2023 by entrepreneurs Hugues Renou and Yoann Gauthier, Tengo has quickly positioned itself…
Sokin, the UK-based fintech transforming cross-border business payments, has raised $50 million in a Series B funding round led by Prysm Capital, with participation from Watershed Ventures, Morgan Stanley Expansion Capital, Aurum Partners, and former PayPal executives Gary Marino and Mark Britto. This infusion raises Sokin’s valuation to $300 million, following an impressive 100% year-on-year…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
Reality Defender, a frontrunner in the detection of deepfake and AI-generated media, has announced the successful expansion of its Series A funding round, raising a total of $33 million. The round, led by Illuminate Financial, saw participation from prominent investors including Booz Allen Ventures, IBM Ventures, the Jefferies Family Office, and Accenture, alongside previous backers…
Congruex, a leading provider of comprehensive digital network services, has appointed Shane Portfolio as its new Chief Technology Officer. With an illustrious career marked by transformative leadership in digital network engineering, Portfolio joins Congruex to spearhead technological innovation and extend nationwide connectivity solutions. Shane Portfolio brings nearly three decades of profound industry experience, cultivated during…
Shinobi Therapeutics, a trailblazer in immune evasive iPS cell therapies, has been awarded up to $59 million in non-dilutive grant funding by the Japanese Agency for Medical Research and Development (AMED). This significant grant will accelerate the development of Shinobi’s pioneering iPS-T cell therapy, aimed at treating GPC3+ solid tumors. Dr. Yasumichi Hitoshi, Chief of…
Berg Enterprises, Inc. (BEI) has announced a significant milestone with the closing of a $2.5 million financing round led by Antina Capital, marking a pivotal moment in their 50-year journey. This funding, structured through a combination of private debt and equity, is set to bolster BEI’s strategic investments and workforce expansion across critical geographies pivotal…
Exein, a Rome-based cybersecurity firm specializing in embedded Internet of Things (IoT) devices, has marked a significant milestone with the announcement of €15 million in Series B funding. The round, led by cybersecurity and infrastructure software specialist 33N, positions Exein to redefine global standards in device-level security. Unlike traditional cybersecurity approaches that focus on network…
Clarity Pediatrics, a rapidly growing telehealth company focused on pediatric chronic care, has secured $14.5 million in Series A funding, marking a significant step in its mission to modernize specialty care for children and families. The round was led by Jackson Square Ventures and included new investors City Light Capital, MassMutual Catalyst Fund II, GingerBread…
