In a strategic move to bolster its presence in the North American transportation sector, RXO (NYSE: RXO) has announced its definitive agreement to acquire Coyote Logistics from UPS for $1.025 billion in cash. This acquisition is set to propel RXO to the forefront as the third-largest provider of brokered transportation in the region, significantly enhancing…
Riverlane, a leader in quantum error correction (QEC) technology, has announced a successful Series C funding round, raising $75 million to advance its pioneering QEC roadmap. The round was led by Planet First Partners, with participation from ETF Partners, EDBI, and existing investors Cambridge Innovation Capital (CIC), Amadeus Capital Partners, the UK’s National Security Strategic…
STAG Industrial, Inc. (NYSE: STAG) has announced the appointment of Vicki Lundy Wilbon to its esteemed Board of Directors, effective July 1, 2024. Ms. Wilbon brings a wealth of experience in the real estate sector, serving since 1995 at The Integral Group LLC, a prominent firm specializing in urban revitalization through master planned developments. As…
Rainforest, a trailblazer in embedded payment solutions for software platforms, announced today the successful closure of an oversubscribed $20 million Series A funding round led by Matrix Partners. This funding, which also saw participation from Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners, builds on Rainforest’s previous seed round,…
Altrove, a cutting-edge deeptech startup founded in early 2024, has successfully raised €3.7 million in a Pre-Seed funding round led by Contrarian Ventures, emblematic of a growing global interest in sustainable technology solutions. This funding marks a pivotal moment for Altrove as it accelerates the development of alternatives to critical rare earth elements (REEs), essential…
In a move that reflects both strategic evolution and confidence in proven leadership, Fairway Home Mortgage has appointed Haley Parker as President of Elevate and Head of Business Development – West, marking a significant moment for one of the U.S.’s largest retail mortgage lenders. The newly expanded role gives Parker dual responsibility over Elevate —…
Levitate, Levitate, the acclaimed SaaS provider renowned for its ‘Happiness Platform’ tailored for relationship-driven enterprises, has successfully concluded its Series D funding round, securing $15 million. This new influx of capital, led by Harbert Growth Partners, Northwestern Mutual Future Ventures, and Bull City Venture Partners, will enable Levitate to enhance its innovative offerings and extend…
Informed.IQ, a leading provider of AI-powered loan verification and fraud detection, today announced it has closed a $63 million growth equity investment led by Invictus Growth Partners (“Invictus”). The capital infusion is set to accelerate the company’s strategic expansion beyond its established dominance in auto lending into high-growth markets like mortgage, consumer lending, tenant screening,…
FOSSA Systems, an innovative leader in space technology based in Madrid, has successfully closed a Series A funding round, raising €6.3 million to advance its pioneering IoT satellite constellation. This funding round was co-led by Indico Capital Partners and Nabtesco Technology Ventures, with additional participation from Newmind Venture and Sabadell Venture Capital. The investment will…
Endogenex, a pioneering clinical-stage medical device company dedicated to transforming diabetes care, has successfully closed an oversubscribed Series C financing round, raising a remarkable $88 million. This substantial funding boost will propel the company towards completing its pivotal ReCET Clinical Study, a critical step in bringing their innovative ReCET™ System to market for patients suffering…
