Varicent, a leading provider of sales performance management (SPM) software, has announced a significant strategic investment aimed at accelerating its innovation in the SPM sector. The funding round, led by Warburg Pincus with participation from Great Hill Partners and Spectrum Equity, underscores Varicent’s pivotal role in transforming how businesses optimize their sales operations. Founded on…
Formic, a trailblazer in Robotics-as-a-Service (RaaS) for American manufacturers, has announced a substantial boost with a $27.4 million infusion in Series A funding, led by Blackhorn Ventures. This latest round, which brings Formic’s total Series A funding to over $52 million since January 2022, marks a pivotal moment in the company’s mission to revolutionize automation…
In a landscape crowded with large language models (LLMs) that demand enormous computational resources, MythWorx is charting a radically different course. The Dallas-based startup closed a $5 million seed round at a striking $100 million valuation—an unusually high mark for early-stage AI ventures—underscoring investor belief in its disruptive approach to artificial general intelligence (AGI). Spearheaded…
Carbonova, a Canadian cleantech company developing carbon-negative advanced materials, has closed an oversubscribed C$5.1 million equity financing round, strengthening its position as it advances a C$13.6 million commercial demonstration facility in Alberta. The new funding builds on the company’s recent C$4.38 million grant from Emissions Reduction Alberta (ERA), a milestone that signaled growing institutional and…
In a groundbreaking stride towards revolutionizing material discovery, CuspAI has secured $30 million in a seed funding round led by Hoxton Ventures, with substantial contributions from Basis Set Ventures and Lightspeed Venture Partners. Founded with the bold ambition to redefine how new materials are conceived and optimized, CuspAI stands poised at the forefront of the…
Char.gy, a leader in UK electric vehicle (EV) infrastructure, secures €118.2 million investment to accelerate nationwide expansion of its on-street charging network. The funding, from the Charging Infrastructure Investment Fund (CIIF) managed by Zouk Capital, aims to meet the growing demand for accessible EV charging solutions, particularly for households without off-street parking. Founded in 2016,…
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…
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…
In a move that underscores growing momentum in telehealth, Fellos, a digital clinic focused on men’s health, has raised approximately €2.15 million in growth capital. The funding round drew in a cohort of strategic backers, including healthcare professionals, Dutch Operator Fund, and Capital Mills, propelling Fellos further on its mission to make essential men’s health…
NOWDiagnostics, Inc. (NOWDx), a pioneering developer of over-the-counter (OTC) and point-of-care (POC) diagnostic tests, has announced a significant milestone with the successful closure of a $22.5 million Series B financing round. Led by DigitalDx Ventures, alongside strategic investments from the Labcorp Venture Fund and Kompass Kapital Management, this funding is set to propel NOWDx to…
