Gear up for a revolution in experiential entertainment! F1 Arcade, the ingenious Chicago-based brand bringing Formula 1® to life, has secured a monumental $130 million in growth funding. This impressive round, led by heavyweights like Cheyne Capital, Liberty Media Corporation, Permira Credit, and OakNorth, signifies a resounding vote of confidence in F1 Arcade’s potential to…
Apromore, a leading innovator in AI-driven process mining, has successfully closed an additional $15 million in Series B-1 funding, extending its earlier round. This latest round, led by existing investors and featuring participation from Tin Alley Ventures—a joint venture between Tanarra Capital and the University of Melbourne—brings the total Series B funding to $25.3 million…
webAI, an Austin-based leader in AI innovation, has announced a significant milestone in its mission to revolutionize artificial intelligence with the completion of a $60 million Series A funding round. This pivotal investment underscores the growing momentum behind webAI’s vision to democratize AI and enhance its accessibility for enterprises worldwide. The fresh capital injection brings…
Better Juice, Ltd., a pioneering foodTech company, has introduced a game-changing innovation aimed at revolutionizing the sorbet and fruit ice cream market. Leveraging their advanced enzymatic technology, Better Juice has successfully reduced the sugar content in fruit sorbets by up to 70%, offering health-conscious consumers a guilt-free option for indulgence. The launch marks a significant…
Foundry Digital LLC (“Foundry”), a leading provider of digital asset infrastructure solutions, has unveiled its latest innovation, Foundry Hardware, aimed at revolutionizing institutional cryptocurrency mining operations. This comprehensive suite of products promises to set new benchmarks in operational performance, efficiency, and reliability within the mining industry. Foundry Hardware addresses critical needs in the cryptocurrency mining…
MediView XR, Inc., a trailblazer in augmented reality (AR) surgical navigation, announced the successful closure of a $24 million Series A funding round. The round was led by industry giants including GE HealthCare, alongside esteemed healthcare institutions such as Mayo Clinic and Cleveland Clinic, with additional strategic investments from Edge Ventures, Emplify Health’s investment arm,…
In a significant stride towards advancing enterprise and government applications of generative AI, Espoo-based startup ConfidentialMind has raised €1.5 million in a pre-seed funding round. This investment, spearheaded by Failup Ventures and complemented by participation from Angel CoFund and notable angel investors, marks a pivotal moment for the company founded just a year ago. Founded…
Canoe Intelligence (“Canoe”), a leading financial technology company specializing in alternative investment management, has secured $36 million in its Series C funding round led by Growth Equity at Goldman Sachs Alternatives. This substantial investment, with continued support from existing investors F-Prime Capital and Eight Roads, underscores Canoe’s pivotal role in transforming data management for institutional…
Scoop Analytics, a pioneering force in revolutionizing business analytics through innovative spreadsheet-powered solutions, has announced a significant milestone with the closing of a $3.5 million seed funding round. The financing, led by Ridge Ventures with participation from Industry Ventures and Engineering Capital, marks a strategic boost for Scoop as it accelerates its mission to empower…
Chicago-based digital health company Sibel Health has successfully closed a Series C extension financing round, raising its total Series C funding to $39 million. This latest infusion includes strategic investments from Japanese pharmaceutical leader Maruho Co., Ltd. and innovation powerhouse Samsung Next, complementing the initial Series C round led by The Steele Foundation for Hope…
