As merchants begin to view payments less as a fixed cost and more as a programmable growth asset, one startup is arming them with the infrastructure to take back control. San Francisco-based Basis Theory, a developer-first payments infrastructure company, has raised $33 million in Series B funding, positioning itself at the intersection of secure data…
In an era where cross-border payments are often slow, costly, and riddled with inefficiencies, Cybrid, a fintech startup based in Newark, New Jersey, is positioning itself as a game-changer. The company has successfully raised $10 million in a Series A funding round, led by BDC Capital’s Growth Venture Fund, with additional backing from Golden Ventures,…
Mosaic Diagnostics, renowned for its innovative approach in personalized, data-driven healthcare diagnostics, proudly announces the appointment of Rob Rebak as its new Chief Executive Officer. With a distinguished career spanning more than three decades in the healthcare industry, Rebak brings a wealth of experience and a proven track record in driving growth, value, and innovation….
Lirvana Labs, the innovative force behind the Yeti Confetti™ Kids app, announces remarkable advancements in childhood education with its AI-driven learning platform. Recent data reveals that just 15 minutes of weekly engagement on the app can boost English literacy and mathematical reasoning skills by half a grade level in a mere 10 weeks, underscoring its…
Foundry Digital LLC (“Foundry”), a leading provider of digital asset infrastructure solutions, has unveiled its latest innovation, Foundry Hardware, aimed at revolutionizing institutional cryptocurrency mining operations. This comprehensive suite of products promises to set new benchmarks in operational performance, efficiency, and reliability within the mining industry. Foundry Hardware addresses critical needs in the cryptocurrency mining…
Cloudian, a pioneer in secure S3-compatible AI data lake platforms, has announced a significant milestone with the closing of a $23 million growth financing round led by Morgan Stanley Expansion Capital. This investment underscores Cloudian’s robust performance in the burgeoning market of AI data management solutions. The funding infusion will propel Cloudian’s strategic initiatives in…
Movandi, a pioneer in advanced RF and millimeter-wave (mmWave) infrastructure, has just secured $40 million in strategic funding to accelerate the deployment of next-generation connectivity across terrestrial and non-terrestrial networks. The round was anchored by a $20M investment from ITHCA Group, Oman’s sovereign-backed technology investor, with co‑investment from Phaistos Investment Fund, VT Alliance, Murata, and…
In a significant advancement for AI governance, Vienna-based startup DAIKI GmbH has successfully raised €1.5 million in seed funding. This crucial investment aims to enhance the company’s operations across Europe and propel further product development. DAIKI is committed to empowering businesses to implement artificial intelligence responsibly, aligning with the stringent requirements of the EU AI…
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…
Term Labs, a pioneering figure in blockchain research and development, has successfully concluded a strategic funding round, securing $5.5 million to bolster its innovative fixed-rate lending platform, Term Finance. This latest round, led by Electric Capital and supported by prominent investors including Maelstrom (Arthur Hayes) and Ava Labs Blizzard Fund, marks a significant milestone in…
