A shining star in the constellation of clean energy solutions, Marathon Fusion, has secured $5.9 million in seed funding to revolutionize fusion fuel processing. This round, led by 1517 Fund and Anglo American, with participation from prominent names like Übermorgen Ventures and Malcolm Handley, propels Marathon Fusion further along its mission of making fusion energy…
Sora Fuel, an innovative startup specializing in sustainable aviation fuel (SAF), has successfully closed an oversubscribed $6 million seed funding round. The investment was led by The Engine Ventures, with additional backing from Wireframe Ventures and other prominent investors. This funding will enable Sora Fuel to expand its Boston-based team, forge commercialization partnerships, and advance…
Under the pioneering leadership of CEO Raquel Urtasun, Waabi has rapidly become a cornerstone in the autonomous vehicle sector, specifically in the domain of self-driving trucks. With a recent $200 million Series B funding infusion, spearheaded by Uber and Khosla Ventures, Waabi is on a trajectory to redefine logistics and transport through cutting-edge AI technologies….
In a significant move set to redefine institutional trading in digital assets, Crossover Markets has announced the successful closure of its Series A funding round, securing $12 million. The round was led by Illuminate Financial and DRW Venture Capital, underscoring growing investor confidence in Crossover’s pivotal role in the evolving financial landscape. Crossover Markets, renowned…
Italian traveltech startup Mapo Tapo has successfully raised €1.15 million in Seed funding, a significant milestone that promises to propel its innovative outdoor adventure booking platform into new heights. Established in late 2020, Mapo Tapo has carved a niche for itself by enabling outdoor sports enthusiasts to book adventures with certified guides while also connecting…
Headquartered in Austin, Texas, Avride has secured a transformative strategic commitment of up to $375 million from lead backers Uber Technologies, Inc. and Nebius Group N.V. to accelerate its shift from sidewalk-delivery robots toward fully autonomous ride-hailing services. The agreement builds on an existing multi-year commercial partnership and sets a bold target: launch of Avride’s…
Berlin-based healthtech innovator clare&me has successfully raised €3.7 million in its latest funding round, marking a significant milestone in its mission to enhance mental health support through artificial intelligence. The round was spearheaded by Munich’s YZR Capital, with key contributions from Kodori Ventures, Material Ventures, and existing angel investors, along with early-stage investor Antler. Additionally,…
The insurance industry faces an unprecedented reckoning as climate change drives up the frequency and severity of natural disasters. Stand, a San Francisco-based startup, is taking a data-driven, mitigation-first approach to insuring homes exposed to catastrophic risks like wildfire, flood, and wind. Having underwritten over $1 billion in insured value in wildfire-prone California within a…
Sling Money, an innovative fintech company specializing in crypto-enabled money transfers, has successfully completed a €13.6 million ($15 million) Series A funding round. This significant investment was spearheaded by leading venture capital firms Union Square Ventures, Ribbit Capital, and Slow Ventures. The funding will be instrumental in advancing Sling Money’s mission to make international money…
LegalFly, the Belgian Legal AI platform founded by former Tinder product experts Ruben Miessen, Kasper Verbeeck, Dennis Montégnies, and Gregory Vekemans, has successfully raised over €15 million in Series A funding. The round was led by Notion Capital, with significant participation from Redalpine and Fortino Capital. Founded in 2023, LegalFly provides cutting-edge AI solutions designed…
