CloudPay, a leading independent provider of global payroll and payment solutions, has announced the successful completion of a $120 million funding round. The investment was led by Blue Owl Capital, with significant contributions from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This substantial funding boost will further fortify CloudPay’s capital base…
In a significant boost for European tech innovation, Spanish venture capital firm Kfund has secured a substantial $75 million investment fund dedicated to advancing transformative AI and data projects. The announcement, unveiled Monday, underscores Kfund’s pivotal role in nurturing groundbreaking initiatives across the continent. Focused on “foundational technologies,” including data-centric innovations and robust platform solutions,…
Mantle, a pioneer in precision metal 3D printing for tooling applications, has achieved a significant milestone with the successful closure of a $20 million Series C funding round. This latest investment, led by Schooner Capital and supported by existing investors including Fine Structure Ventures and Foundation Capital, brings Mantle’s total funding to over $61.5 million….
The Hague-based technology incubator, Sostark, known for pioneering wireless technology solutions, has successfully raised €2 million in a seed funding round led by Summus Fund, a Luxembourg-based firm specializing in early-stage investments. This investment marks a significant milestone for Sostark, enabling it to further enhance its capabilities in developing high-volume wireless solutions tailored for industrial…
X-Bow Systems Inc. (X-Bow), a pioneering force in advanced manufactured solid rocket motors (SRMs) and hypersonics technologies, announced today the successful completion of its Series B financing round, raising in excess of $70 million. This significant capital infusion, led by National Security technology-focused firm Razor’s Edge, alongside contributions from Lockheed Martin Ventures, Boeing Ventures, Crosslink…
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…
Making Space, a pioneering B2B SaaS platform dedicated to enhancing talent acquisition and learning opportunities for disabled individuals, has successfully closed an oversubscribed $2 million pre-seed funding round. Led by Beta Boom and joined by prominent investors including JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars, and others, this funding will…
In a significant move underscoring the growing importance of data quality in AI-driven industries, Amsterdam-based OTB Ventures has announced a strategic investment in Timeseer.AI, an innovative data operations (DataOps) firm headquartered in Antwerp. This infusion of capital, the exact amount of which remains undisclosed, marks a pivotal step for both companies as they aim to…
In a major leap for the future of robotics, Tacta Systems, a rising force in tactile robotics, has announced a substantial $75 million funding round to supercharge the development of its breakthrough “Dextrous Intelligence” platform—technology aimed at giving robots the finesse, perception, and responsiveness of the human hand. The total raise includes an $11 million…
OpenAI continues its strategic expansion into enterprise solutions with the acquisition of Multi, a startup known for its innovative video-first collaboration platform. This move comes shortly after OpenAI’s acquisition of database tech firm Rockset, signaling a robust M&A strategy aimed at bolstering its capabilities in corporate software solutions. Multi, previously known as Remotion, gained traction…
