illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….
Muon Space, a leading innovator in low-earth orbit (LEO) satellite constellations, has achieved a significant milestone with the successful completion of a $56.7 million Series B funding round. The round, spearheaded by Activate Capital, includes participation from Acme Capital, Costanoa Ventures, Radical Ventures, and Congruent Ventures. This infusion of capital will accelerate the development of…
DUOS, an AI-powered digital health startup focused on transforming how health plans engage their members, has secured a $130 million strategic growth equity investment led by FTV Capital. Early backer Forerunner Ventures also participated, marking a renewal of confidence as DUOS charts its next expansion. The funding will propel the company’s national go‑to‑market rollout and…
After.com, a trailblazing online platform revolutionizing end-of-life services, announced today the successful closure of its Series A funding round, raising $10 million. The investment was spearheaded by HIPstr, the early-stage investment arm of HighPost Capital, LLC, underscoring a significant endorsement of After.com’s pioneering approach in the death care industry. Founded in 2020, After.com has swiftly…
California-based Graph AI, a promising new entrant in the pharmacovigilance space, has raised $3 million in a seed funding round led by Bessemer Venture Partners. Founded in 2024, Graph AI is pioneering an AI-native platform designed to transform the cumbersome and error-prone process of adverse drug event (ADE) monitoring that pharmaceutical companies are mandated to…
In the often opaque world of building materials and energy tech, NxLite has seized a moment. The Michigan‑anchored startup recently closed a $9.2 million Series A round, positioning itself to scale its next‑generation “air‑stable” coatings for transparent surfaces. What may sound niche is quietly ambitious: to recast how buildings, vehicles, and appliances manage light, heat,…
PQShield, a pioneering force in post-quantum cryptography, has raised $37 million in Series B funding to advance its mission of fortifying digital security against future quantum computing threats. The investment round was led by Addition, spearheaded by Lee Fixel, with participation from new strategic investors Chevron Technology Ventures, Legal & General, and Braavos Capital, alongside…
Axcelis Technologies, Inc. (Nasdaq: ACLS) has announced the appointment of David Ryzhik as its new Senior Vice President of Investor Relations and Corporate Strategy, effective July 2024. Mr. Ryzhik brings over two decades of extensive experience in investor relations and financial management across various sectors. Most recently serving as Vice President of Investor Relations at…
InventWood, a leader in transforming undervalued wood into cutting-edge climate-resilient Superwood products, has announced the successful closure of an $8 million funding round. This investment, which includes participation from Grantham Foundation, Builders Vision, Echelon, and prominent clean technology entrepreneur John Rockwell, brings InventWood’s total funding to over $77 million. Concurrently, the company has appointed Dr….
TRIANA Biomedicines said on Thursday it had closed an oversubscribed $120 million Series B financing, strengthening its push to bring a new class of molecular glue degraders into the clinic, including its lead candidate, TRI-611, for patients with ALK-positive non-small cell lung cancer (NSCLC). The round was co-led by new investors (Ascenta Capital) and (Bessemer…
