OpenAI continues its strategic expansion into enterprise solutions with the acquisition of Multi, a startup known for its innovative video-first collaboration platform. This move comes shortly after OpenAI’s acquisition of database tech firm Rockset, signaling a robust M&A strategy aimed at bolstering its capabilities in corporate software solutions. Multi, previously known as Remotion, gained traction…
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…
Xapien, a leader in AI-driven due diligence, announced today the successful closure of its $10 million Series A funding round led by YFM Equity Partners. This latest round brings Xapien’s total funding to $17.8 million and underscores its commitment to revolutionizing the global compliance market with advanced technology. Xapien specializes in transforming due diligence processes…
Semperis, renowned for its cutting-edge identity-driven cyber resilience solutions, has made waves once again in the cybersecurity realm with a significant funding milestone. The company has successfully secured $125 million in growth financing from J.P. Morgan and Hercules Capital, aimed at fueling its relentless pursuit of innovation and global market expansion. This latest financial backing…
RareCyte, Inc., a pioneering Life Sciences company renowned for its Precision Biology platforms, has announced the successful completion of a $20 million financing round aimed at bolstering its Orion™ Spatial Biology platform. This funding, sourced from a blend of new and existing investors, including Forest Road, Arboretum Ventures, and F-Prime Capital, underscores RareCyte’s commitment to…
AnchorZero, a pioneering fintech firm aimed at democratizing advanced tax strategies previously reserved for the ultrawealthy, has announced a significant milestone today. The company has successfully closed an $8 million seed funding round, led by prominent investors Bain Capital Crypto and Spark Capital, with additional contributions from Ethereal Ventures, Mischief Capital, Pascal Capital, Robot Ventures,…
Anbogen Therapeutics, a leading name in cancer therapeutics development, has announced the successful completion of an oversubscribed A+ round financing, securing USD 7.3 million to advance their groundbreaking cancer treatment, ABT-301. This latest funding round follows on the heels of a USD 12.5 million Series A round earlier this year, bringing Anbogen’s total funding to…
eGenesis, a trailblazer in biotechnology with a focus on developing human-compatible engineered organs, has announced the successful completion of a $191 million Series D financing round. This substantial investment will propel the advancement of eGenesis’s lead product candidate, EGEN-2784, through its first-in-human clinical trials for kidney transplants. Additionally, the funds will facilitate the expansion of…
Brightspeed, a leading fiber broadband provider committed to enhancing connectivity across the nation, has announced a significant boost in its efforts to bridge the digital divide in North Carolina. The company has secured $22.5 million in funding from the N.C. Department of Information Technology’s Division of Broadband and Digital Equity’s Completing Access to Broadband (CAB)…
In a remarkable achievement highlighting his outstanding leadership in IT and business process transformation, Hendy HARIANTO has been named the No.1 recipient of The 2024 World CIO CTO 100 Award by Marlow Business School. This prestigious accolade, bestowed upon him from a pool of over 1,300 global IT leaders, recognizes his profound impact and dedication…
