Tread.fi, a trailblazing algorithmic trading infrastructure company, has emerged onto the scene with a groundbreaking approach to institutional crypto trading. The company’s launch coincides with the announcement of a successful $3.5 million pre-seed funding round, marking a significant milestone in its journey to revolutionize the digital asset market. Led by New Form Capital, renowned for…
Cloudian, a pioneer in secure S3-compatible AI data lake platforms, has announced a significant milestone with the closing of a $23 million growth financing round led by Morgan Stanley Expansion Capital. This investment underscores Cloudian’s robust performance in the burgeoning market of AI data management solutions. The funding infusion will propel Cloudian’s strategic initiatives in…
In a significant move poised to reshape Europe’s tech landscape, Balderton Capital, the London-based venture capital firm, has announced a monumental $1.3 billion (€1.1 billion) investment package. The firm will deploy this capital through its newly established Early Stage Fund IX, raising $615 million (€563 million), and Growth Fund II, which garnered $685 million (€627…
Shinobi Therapeutics, a trailblazer in immune evasive iPS cell therapies, has been awarded up to $59 million in non-dilutive grant funding by the Japanese Agency for Medical Research and Development (AMED). This significant grant will accelerate the development of Shinobi’s pioneering iPS-T cell therapy, aimed at treating GPC3+ solid tumors. Dr. Yasumichi Hitoshi, Chief of…
MagicSchool AI, the rapidly growing technology platform dedicated to K-12 educators and students, has secured $15 million in a Series A funding round led by Bain Capital Ventures. Additional investors include Adobe Ventures, Common Sense Media, and notable angel investors such as Amjad Masad, Tyler Bosmeny, Rafael Garcia, and Amir Nathoo. This investment will drive…
Rillet, an innovative fintech firm specializing in AI-powered accounting solutions, has secured $13.5 million in a recent funding round. The investment, spearheaded by Creandum and First Round Capital, with contributions from Chad Byers of Susa Ventures, Eventbrite founder Kevin Hartz, and other prominent industry figures, marks a significant milestone in Rillet’s mission to revolutionize accounting…
In a remarkable achievement highlighting his outstanding leadership in IT and business process transformation, Hendy HARIANTO has been named the No.1 recipient of The 2024 World CIO CTO 100 Award by Marlow Business School. This prestigious accolade, bestowed upon him from a pool of over 1,300 global IT leaders, recognizes his profound impact and dedication…
Micruity, Inc., a leader in financial technology infrastructure for retirement solutions, has announced the successful closure of a $5.0 million funding round aimed at expanding support for accumulation annuities and non-guaranteed income products on its platform. This strategic investment underscores Micruity’s commitment to revolutionizing retirement planning by bridging the gap between savings accumulation and sustainable…
In a groundbreaking move set to redefine the future of satellite connectivity, French spacetech startup Skynopy has announced a significant funding milestone. Securing $3.1 million in a recent investment round, cementing its position as a formidable player in the burgeoning space industry. The funding round saw enthusiastic participation from prominent investors including Heartcore Capital, Kima…
Italian startup Involve, a pioneering force in stratospheric balloon technology, has successfully closed a €2.5 million Seed funding round. This significant investment follows the company’s impressive track record of 30 commercial launches and rigorous testing of its innovative technology. Involve specializes in advanced stratospheric pseudo-satellite platforms, combined with cutting-edge software to deliver real-time, high-resolution data….
