October 14, 2025
Headlines

Adaptive Raises $19M in Series A Funding to Revolutionize Construction Finance with AI and Automation

Editor04 mins

Adaptive, a pioneering financial automation platform dedicated to transforming financial management in the $2 trillion construction industry, announced the successful closure of a $19 million Series A funding round on Monday. This significant investment, led by Emergence Capital and joined by Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram, propels Adaptive towards scaling…

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Shane Portfolio Named Chief Technology Officer of Congruex, Elevating Digital Network Expertise

Editor02 mins

Congruex, a leading provider of comprehensive digital network services, has appointed Shane Portfolio as its new Chief Technology Officer. With an illustrious career marked by transformative leadership in digital network engineering, Portfolio joins Congruex to spearhead technological innovation and extend nationwide connectivity solutions. Shane Portfolio brings nearly three decades of profound industry experience, cultivated during…

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Celcoin Secures US$125 Million Investment Led by Summit Partners to Drive Innovation in Brazilian Fintech

Editor05 mins

Celcoin, a pioneering force in the Banking as a Service (BaaS) sector of Brazil’s financial technology landscape, has announced a substantial milestone with the closing of a US$125 million investment round led by Summit Partners, a global growth equity firm. This funding round also includes participation from existing investor Innova Capital and financial technology executive…

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Illuma Labs Secures $9 Million in Series A Funding to Enhance Voice Authentication and Combat Fraud

Editor05 mins

Illuma Labs, a pioneering force in voice authentication technology for banking institutions, has successfully closed a $9 million Series A funding round. The investment, led by LiveOak Ventures and supported by Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU, will drive the company’s efforts to develop cutting-edge solutions to tackle fraud, voice…

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Carrie Strom Joins Hugel as Global CEO to Build a Korean Aesthetics Giant for the World

Editor07 mins

In a decisive move to globalize its leadership and ambitions, South Korean aesthetics major Hugel Inc. has appointed Carrie Strom, a seasoned US pharmaceutical executive, as its President and Global Chief Executive Officer, effective immediately. This marks the creation of a newly formed global CEO position at Hugel—one that signals a shift from domestic dominance…

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Sweden’s FirstQFM Secures €1.2M to Bring Quantum Computing Closer to Real-World Use

Editor07 mins

In a signal that quantum computing is edging closer to commercial relevance, Stockholm-based quantum technology company FirstQFM has raised €1.2 million (13.1 million SEK) in pre-seed funding to advance its proprietary AI foundation models designed specifically for quantum hardware. The round was led by BSV Ventures, with participation from Almi Invest, Further than Capital, and…

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Iteris Pioneering Smart Mobility Embraces New Chapter with Almaviva Acquisition

Editor04 mins

Iteris, Inc., a global leader in smart mobility infrastructure management, announced today a definitive agreement to be acquired by Almaviva S.p.A., a leading Italian digital innovation group, in an all-cash transaction valued at approximately $335 million. This strategic move marks a significant milestone for Iteris, solidifying its position at the forefront of intelligent transportation solutions….

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Arzeda Secures $38 Million in Oversubscribed Funding to Propel Protein Design Innovations

Editor05 mins

Arzeda, the Protein Design Company™, has successfully closed a $38 million oversubscribed funding round aimed at advancing its groundbreaking protein design technologies. This funding round attracted significant investments from Sofinnova Partners, Fall Line Capital, Sucden Ventures, Silver Blue, and the venture arm of W.L. Gore & Associates, known for their Gore-Tex® innovations. Previous supporters such…

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Apriori Bio Receives $1.1M Funding from CEPI to Advance AI Platform for Virus Protection

Editor04 mins

Apriori Bio, a pioneering biotechnology firm, has secured a significant funding injection of US $1.1 million from CEPI (Coalition for Epidemic Preparedness Innovations) to propel its cutting-edge artificial intelligence platform, Octavia™. Designed to safeguard against rapidly-evolving viral threats, Octavia™ employs advanced machine learning to predict and counteract virus mutations, crucial for developing variant-resilient vaccines. Octavia™…

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