Redefining Mobility: ATDev’s $3 Million Seed Round Powers Next-Gen Assistive Tech for Independent Living

In a market ripe for disruption, Assistive Technology Development, Inc. (ATDev) is carving a distinct path forward with its AI-driven rehabilitation and mobility solutions. The Orange, California–based startup recently closed a $3 million seed round led by Dobrzelecki Legacy Ventures, alongside contributions from Uphonest Capital, The Life Science Angels, and a consortium of industry veterans….

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Captions Captures $60 Million to Democratize Video Creation with AI

Captions, the AI-powered video creation and editing leader, has secured a monumental $60 million Series C funding round, bringing its total capital raised to a staggering $100 million. This investment values the company at a cool $500 million. Index Ventures spearheaded the round, reaffirming Captions’ revolutionary impact on the video creation landscape. Returning investors Kleiner…

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Validation Cloud Secures $10 Million Investment to Elevate AI Solutions for Web3

In a significant move poised to reshape the Web3 landscape, Validation Cloud, a frontrunner in Web3 data and AI solutions, has announced a $10 million investment from True Global Ventures. This funding will accelerate the development of Validation Cloud’s innovative AI platform, facilitating seamless access to Web3 data and enhancing user experiences across decentralized ecosystems….

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AI-Driven Fashion Revolution: Gensmo Raises $60M+ to Transform Style Discovery

Gensmo, an innovator in AI-powered fashion shopping, has secured over $60 million in seed funding to redefine how consumers explore and select personal style. The New York–based startup, founded and led by CEO Ning Hu, launched its real-time virtual “Try-On” feature in December 2024, allowing users to see garments on lifelike digital avatars—streamlining the path from…

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3M Invests in Ohmium to Boost Green Hydrogen Production Technology

3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…

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Exa Secures $22 Million to Pioneer AI-Optimized Search Technology

Exa, a pioneering AI research lab focused on revolutionizing search capabilities for artificial intelligence, has secured $22 million in seed and Series A funding led by Lightspeed Venture Partners. This investment round also saw participation from NVentures, NVIDIA’s venture capital arm, and Y Combinator, underscoring confidence in Exa’s vision to establish itself as the foundational…

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Menlo Ventures and Anthropic Launch $100M Anthology Fund to Pioneer AI Innovation

Menlo Ventures, a renowned venture capital firm known for its strategic investments, has teamed up with Anthropic, a leader in AI safety and research, to introduce the Anthology Fund—a transformative $100 million initiative. This collaborative effort aims to propel the development of cutting-edge AI applications and infrastructure solutions, leveraging Anthropic’s advanced technology and AI models….

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Ampeco Secures $26 Million in Series B Funding to Accelerate Global EV Charging Expansion

Ampeco, the fast-growing electric vehicle (EV) charging startup, has successfully secured $26 million in a Series B funding round led by Revaia, with contributions from existing investors including Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This latest infusion of capital brings Ampeco’s total funding to $42 million since its founding in 2019, propelling the…

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Cult Mia Secures $5 Million in Seed Funding Amid Triple-Digit Growth

In a remarkable demonstration of confidence from investors, UK-based luxury retail platform Cult Mia has successfully raised an additional $2 million, bringing its total seed funding to $5 million. This latest round builds upon an initial $3 million raise completed in November 2023, led by Fuel Ventures with notable participation from Morgan Stanley and David…

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Char.gy Raises €118.2M to Expand UK EV Charging Network

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,…

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