West Monroe Partners, a prominent global business and technology consulting firm, has named Chuck Kirchner as the new leader of its Chicago office, effective July 1st. Kirchner, currently a Senior Partner in the firm’s Technology & Experience practice, brings over three decades of strategic technology consulting experience to this pivotal role. In his new capacity,…
In one of the more significant funding rounds in HR‑tech this year, Findem has secured $51 million in new financing. The round includes a Series C led by SLW (formerly Silver Lake Waterman) and participation from Wing Ventures, Harmony Capital, and Four Rivers Group, along with growth‑financing from J.P. Morgan. This latest infusion brings Findem’s total capital raised…
In a significant move towards empowering government employees in their fight against climate change, Apolitical has announced that it has received a generous $2 million grant from the Bezos Earth Fund. This funding will bolster the organization’s ambitious Climate Campus initiative, aimed at equipping public servants with essential skills and knowledge to effectively address climate…
QpiAI, a leading enterprise in the realm of quantum computing and generative AI, has successfully closed its first external financing round amounting to $6.5 million. This investment, led by Yournest and SIDBI Venture Capital, marks a significant milestone for the company as it accelerates the development of cutting-edge products and platforms in quantum computing and…
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,…
In a significant stride towards enhancing disaster claims processing, Austrian startup DeepOpinion has successfully raised €11 million in a Series A funding round. Specializing in enterprise-level process automation, DeepOpinion harnesses advanced AI technology to tackle the complexities of knowledge-intensive tasks within business operations. Recent natural disasters, particularly floods in Austria, have illuminated the urgent challenges…
CytoReason, a trailblazer in computational disease models for biopharma R&D, has secured $80 million in a funding round led by OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific. This substantial investment marks a pivotal moment for CytoReason as it accelerates its mission to revolutionize pharmaceutical decision-making through advanced AI technology. The new funding will propel CytoReason’s…
unspun, a trailblazer in 3D weaving technology, has successfully raised $32 million in an oversubscribed Series B funding round. Led by DCVC and joined by Lowercarbon Capital, E12, Decathlon, and SOSV, this funding will propel unspun’s groundbreaking technology, Vega™, to new heights. Vega™ is set to transform the fashion industry with its capability for near-zero-waste,…
Pickommerce, an innovator in warehouse automation, has announced a successful funding round of $3.4 million to further develop and market its cutting-edge PickoBot piece-picking robot. The investment, led by IL Ventures along with InNegev, Fusion VC, the Israel Innovation Authority, and strategic partner ZIM Ventures, positions Pickommerce to disrupt the rapidly growing warehouse automation market,…
Stockify Fintech, a dynamic player in India’s fintech landscape, has announced bold expansion plans with the unveiling of a new office in Kolkata, slated to commence operations in July 2024. This strategic move aims to fortify Stockify’s foothold in eastern India, aligning closely with its ambitious revenue target of $20 million for the current fiscal…
