Verituity Secures $18.8M to Drive Expansion of AI-Powered Payout Solutions

Verituity, a leader in intelligent payout solutions, has successfully closed an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital, with participation from Ardent Venture Partners and MTech Capital. This funding infusion is set to propel Verituity’s growth across banking, insurance, mortgage servicing, and energy sectors, marking a significant stride in its mission…

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QpiAI Secures $6.5 Million Pre-Series A Funding to Propel Quantum Computing and Generative AI Innovations

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…

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Michael Kopko of Pearl Health Honored as EY Entrepreneur Of The Year® 2024 New York Award Winner

Pearl Health, a pioneering force in democratizing healthcare access through innovative software and services, celebrates CEO and co-founder Michael Kopko’s recognition as an EY Entrepreneur Of The Year® 2024 New York Award winner. Ernst & Young LLP (EY US) bestowed this prestigious accolade upon Kopko in acknowledgment of his transformative leadership and Pearl Health’s impactful…

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BillionToOne Secures $130 Million to Advance Pioneering Molecular Diagnostics, Achieves $1 Billion Valuation Milestone

BillionToOne, a trailblazing molecular diagnostics company, has achieved a significant milestone by raising $130 million in its Series D funding round, marking a valuation surpassing $1 billion. This oversubscribed financing round was led by Premji Invest, with major contributions from Neuberger Berman and existing investors Adam Street Partners, Baillie Gifford, and Hummingbird Ventures, among others….

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Personio Raises $12 Million in Series A Funding to Expand HR Management Platform

Personio, a leading provider of HR management and recruiting solutions based in Munich, has secured $12 million in Series A funding. The investment round was led by European venture capital firm Northzone, with participation from existing investors including Rocket Internet’s Global Founders Capital (GFC) and Picus Capital. This funding injection aims to propel Personio’s Software-as-a-Service…

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LillianCare Raises €1.5 Million to Expand Innovative Healthcare Access Across Germany

LillianCare, a trailblazing healthcare innovator based in Berlin, has successfully closed a €1.5 million extension funding round aimed at revolutionizing primary care delivery in Germany’s underserved regions. The investment underscores robust investor confidence in LillianCare’s mission to combat the nation’s critical shortage of physicians through its pioneering hybrid care model. Renewed Support from Key Investors…

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Raft Capital Management Launches €50M Fund to Boost Baltic and Nordic Business Growth

In a strategic move aimed at fueling regional growth and innovation, Raft Capital Management has unveiled its latest €50 million investment fund. This initiative by the Vilnius-based venture capital firm is set to empower burgeoning businesses across the Baltic States, while also eyeing opportunities in the Nordic countries and Poland. Raft Capital, known for its…

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SoundHound Acquires Allset to Expand Voice AI Solutions in Restaurant Industry

SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…

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Denxpert Secures €1M Funding to Lead Sustainability Solutions Expansion

Budapest-based Denxpert has achieved a significant milestone with a €1 million investment led by Sofia Angels Ventures, supported by Obuda Uni Venture Capital. This funding round marks a pivotal moment for the sustainability startup as it aims to scale operations internationally and meet the escalating demand for enhanced EHS & Sustainability and ESG management solutions….

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