CesiumAstro Inc., a trailblazer in space communications technology, has secured a significant milestone in its journey with the closing of a Series B+ funding round, amassing a formidable $65 million. Led by Trousdale Ventures and bolstered by strategic investments from Development Bank of Japan Inc. and Quanta Computer, Inc., among others, this funding round marks…
In a significant step towards revolutionizing the aviation fuel industry, AIR COMPANY, a leader in carbon conversion technology, has announced the successful completion of a $69 million Series B funding round. This investment, primarily led by Avfuel, a prominent global supplier of aviation fuel, is set to enhance AIR COMPANY’s capabilities in producing sustainable aviation…
e-Zinc, a trailblazer in sustainable long-duration energy storage utilizing zinc-air battery technology, has announced the successful completion of a $31 million Series A2 funding round. Led by Evok Innovations and bolstered by investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners, this funding will propel e-Zinc’s efforts in advancing commercialization initiatives….
In a transformative moment for the world of commodity trading, Geneva-based Sparta has secured €40 million in a Series B funding round, positioning itself as a vanguard of innovation in an industry long tethered to outdated practices. Announced today, this milestone—led by One Peak with steadfast support from Singular and FirstMark—marks a bold leap for…
Australian medical technology company Ferronova has secured an additional $6 million in funding to accelerate the commercialisation of its nanoparticle-based, image-guided surgery technology aimed at improving the detection of cancer cells during operations and reducing post-surgical recurrence. The latest raise was led by existing investors Uniseed / UniSuper, the South Australian Venture Capital Fund, Artesian…
Nium, a trailblazer in real-time cross-border payments, has elevated Spencer Hanlon to the role of Chief Operating Officer (COO). Hanlon, who previously led Nium’s Global Travel division, joins the executive ranks to steer the company through its next phase of growth and operational excellence. Hanlon’s journey at Nium began in 2021 following the acquisition of…
In a significant stride toward enhancing cloud security, Stream.Security has successfully closed a $30 million Series B funding round. The round was led by U.S. Venture Partners, with participation from notable new investors like Citi Ventures and existing stakeholders including Energy Impact Partners, Cervin Ventures, TLV Partners, and Glilot Capital Partners. This latest funding brings…
In an era defined by the relentless expansion of digital infrastructure, San Jose-based Planera is carving out a vital niche by revolutionizing how complex data center construction projects are planned and executed. The company, specializing in visual collaborative scheduling tools tailored for construction, has announced a new $8 million funding round that bolsters its total…
InSpacePropulsion Technologies (ISPTech), a pioneering spin-off from the German Aerospace Center (DLR), has announced a significant milestone with a €2 million Pre-Seed funding round. This investment underscores ISPTech’s commitment to revolutionizing the space industry with its innovative green propulsion systems, designed to enhance performance, reliability, and affordability across a wide range of spacecraft applications. Founded…
Black Forest Labs, the frontier visual intelligence company behind the FLUX model family, announced a $300 million Series B financing round led by AMP and Salesforce Ventures at a post-money valuation of $3.25 billion. This follows an earlier undisclosed Series A led by Andreessen Horowitz, with contributions from BroadLight Capital, Creandum, Earlybird VC, General Catalyst,…
