EdgeRunner AI, a trailblazing startup focused on developing Generative AI solutions for edge computing environments, has emerged from stealth mode with the announcement of a $5.5 million seed funding round. The investment, led by Four Rivers Group and supported by Madrona Ventures and strategic angels, positions EdgeRunner AI at the forefront of transforming how enterprises…
RunSafe Security, a leader in software immunization against cyberattacks, has successfully closed a $12 million Series B funding round. This investment, spearheaded by Critical Ventures and SineWave Venture Partners, along with participation from BMW i Ventures, Lockheed Martin Ventures, and others, will enhance product development and facilitate expansion into the EMEA and APAC markets. RunSafe’s…
Strathcona Resources Ltd. (TSX: SCR) has announced a groundbreaking partnership with Canada Growth Fund (“CGF”), marking a significant leap forward in the realm of carbon capture and sequestration (CCS). Under this strategic agreement, CGF, a prominent $15 billion public investment vehicle, will inject up to $1 billion into CCS infrastructure across Strathcona’s steam-assisted gravity drainage…
Google has appointed Ragini Das as the new Head of Google for Startups – India, a strategic move aimed at strengthening its support for early-stage ventures across the country. Das is best known as the Co-founder of Leap.club, a professional network for women that operated from 2020 to 2025. Before that, she spent six years…
Impulse Space has been selected by SpaceWERX, under the sponsorship of the U.S. Space Force’s Space Systems Command, for a Strategic Funding Increase (STRATFI) award valued at $60 million. This funding will significantly advance the development of Impulse Space’s Helios, a high-performance kick stage designed to enhance geosynchronous equatorial orbit (GEO) capabilities. The Helios stage,…
pH7 Technologies has closed the first tranche of its USD $25.6 million Series B financing, a round expected to surpass $30 million in subsequent closings, as the Canadian cleantech firm accelerates commercialization of its next-generation critical-minerals extraction technology. The round was led by Fine Structure Ventures, with BHP Ventures joining as a strategic investor. Additional…
In a groundbreaking development for the tech industry, Oriole Networks, a pioneering startup harnessing the power of photonics to address the pressing energy consumption issues of AI data centers, has successfully raised an impressive $22 million in funding. This latest round, led by Plural, sees reinvestment from notable investors including the UCL Technology Fund, XTX…
PayPal Ventures, the global venture capital arm of PayPal, has announced a significant additional investment in Chaos Labs, an emerging leader in onchain risk management. This move not only highlights PayPal’s faith in Chaos Labs’ innovative blockchain solutions but also underscores the growing importance of risk management in the rapidly evolving crypto landscape. Chaos Labs…
In a significant boost for the insurance technology sector, Akur8, a Paris-based company specializing in machine learning-driven insurance pricing and reserving solutions, has successfully raised $120 million in its Series C funding round. This new investment elevates the total funding raised by Akur8 to an impressive $180 million. The latest funding round was spearheaded by…
Saudi Arabia is rewriting the rules of cultural economics. At the recent Cultural Investment Conference in Riyadh, held at the King Fahad Cultural Centre, the Kingdom unveiled a bold vision: transform culture into a viable economic pillar, not just a national identity marker. At the centre of this effort is a newly launched deep-dive report…
