Polystyvert Inc., a pioneering clean technology company specializing in recycling solutions for styrenic plastics, has successfully closed the first tranche of its Series B funding, raising over $16 million. This significant investment, led by European and North American backers including Infinity Recycling, SWEN Blue Ocean, and Earth Foundry, marks a pivotal moment in Polystyvert’s mission…
In a significant move poised to reshape the life and annuity (L&A) insurance technology landscape, Zinnia, a leading innovator in the sector, has successfully raised $300 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding marks a pivotal moment for Zinnia, enabling it to accelerate its market penetration…
DUOS, an AI-powered digital health startup focused on transforming how health plans engage their members, has secured a $130 million strategic growth equity investment led by FTV Capital. Early backer Forerunner Ventures also participated, marking a renewal of confidence as DUOS charts its next expansion. The funding will propel the company’s national go‑to‑market rollout and…
Granta Autonomy, a pioneering startup specializing in autonomous UAVs for intelligence, surveillance, and reconnaissance (ISR) missions, has announced the successful completion of a €1 million seed funding round. Led by ScaleWolf VC, a prominent Lithuanian dual-use tech VC Fund, the funding round also saw participation from Brolis Defence and HFL Holdings. This capital infusion will…
Fintech startup Palm has announced a successful Seed funding round, raising $6.1 million to enhance enterprise cash management. This innovative platform aims to transform the way treasury teams manage cash flow across multiple bank accounts and subsidiaries globally. Palm’s solution delivers a comprehensive overview of both historical and projected cash flows, serving as a central…
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…
In a significant advancement for the health tech landscape, Exakt Health, a pioneering startup, has successfully raised €2 million in Seed funding. This funding underscores its commitment to revolutionizing sports physiotherapy with the introduction of the first digital therapy certified as a medical device in Germany. As more amateur runners seek to prevent injuries, the…
OpenFi, a pioneering London-based conversational AI platform specializing in lead generation and customer nurture, has successfully closed a pre-seed funding round totaling €585k. The investment, spearheaded by Bijan Morvaridi and supported by Fortune Green Capital Ltd and Foundation Ventures Ltd, marks a significant milestone for the company as it accelerates plans for product enhancement and…
In a strategic maneuver set to redefine the corporate travel sector, TravelPerk has announced its acquisition of Chicago-based AmTrav alongside a substantial $135 million funding boost. This move not only underscores TravelPerk’s commitment to expanding its footprint in the lucrative U.S. market but also positions it as a formidable player in global travel technology. Founded…
In a significant move towards advancing ethical AI practices, trail, a pioneering AI governance startup based in Munich, has successfully secured €1.45 million in a pre-seed funding round. Led by CapitalT, a prominent early-stage investor, the funding round also saw participation from NP-Hard Ventures, Mozilla Ventures, Common Magic, and several business angels. This substantial investment…
