Great news for Kentucky veterans! USA Cares, a national non-profit headquartered in Louisville, has received a significant grant of $2 million from the Commonwealth of Kentucky. This funding will provide vital financial assistance to veterans across the state, ensuring they receive the support they deserve. The funding, distributed over two years, will be instrumental in…
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…
Term Labs, a pioneering figure in blockchain research and development, has successfully concluded a strategic funding round, securing $5.5 million to bolster its innovative fixed-rate lending platform, Term Finance. This latest round, led by Electric Capital and supported by prominent investors including Maelstrom (Arthur Hayes) and Ava Labs Blizzard Fund, marks a significant milestone in…
Antithesis has secured $105 million in Series A financing in a rare early-stage lead investment from quantitative trading powerhouse Jane Street, marking a decisive moment for the rapidly expanding field of deterministic simulation testing. The funding positions Antithesis as a rising pillar of infrastructure for companies that depend on ultra-reliable distributed systems. Jane Street, known…
RevolKa Ltd. a pioneering biotech firm at the forefront of AI-driven protein engineering, proudly announces the successful closure of its Series A extension funding, raising a total of 250 million JPY (approximately US$1.7 million). This latest infusion of capital, which includes a 100 million JPY (US$0.7 million) financing round, is poised to significantly enhance RevolKa’s…
Semrush Holdings, a global leader in online visibility management, has announced its acquisition of Ryte, a prominent Munich-based SaaS company known for its expertise in optimizing website user experience. This strategic move marks a significant expansion for Semrush, further strengthening its capabilities in SEO and digital marketing solutions. Founded in 2012, Ryte has made a…
AlphaSense, the renowned market intelligence platform leveraging AI, has finalized its acquisition of Tegus, a prominent provider of expert research and financial data solutions. The acquisition, valued at $930 million, marks a significant milestone for AlphaSense, further bolstered by a newly closed $650 million funding round co-led by Viking Global Investors and BDT & MSD…
In a remarkable development for climate technology, Nottingham-based Promethean Particles has successfully secured £8 million (approximately €9.31 million) in a new round of funding. This significant investment was led by Mercia Ventures and Aramco Ventures, with notable contributions from existing investors such as the Midlands Engine Investment Fund I, managed by Foresight, the University of…
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…
Retail-automation startup Duvo.ai has raised $15 million in seed financing to scale its AI-powered operational workforce, a system designed to automate workflows across SAP, legacy portals, email, spreadsheets and even phone calls — cutting manual tasks for retailers by up to 40% within weeks. The investment was led by Index Ventures, with participation from Credo…
