In a decisive move to stake its ground in defense technology, Trusk Technology has secured €350,000 in funding from the North Holland Innovation Fund. The goal: to refine and deploy software for autonomous interceptor drones capable of detecting and neutralizing hostile aerial threats. Founded in 2024 by Caspar Lusink and Tom Rijntjes, the startup is…
Paris-based 73 Strings, an innovative AI-driven platform specializing in financial intelligence, has successfully raised €52.7 million ($55 million) in a Series B funding round, securing backing from some of the biggest names in finance. Goldman Sachs Alternatives’ Growth Equity, along with Blackstone Innovations Investments, led the round, with additional participation from Golub Capital, Hamilton Lane,…
AnchorZero, a pioneering fintech firm aimed at democratizing advanced tax strategies previously reserved for the ultrawealthy, has announced a significant milestone today. The company has successfully closed an $8 million seed funding round, led by prominent investors Bain Capital Crypto and Spark Capital, with additional contributions from Ethereal Ventures, Mischief Capital, Pascal Capital, Robot Ventures,…
NOWDiagnostics, Inc. (NOWDx), a pioneering developer of over-the-counter (OTC) and point-of-care (POC) diagnostic tests, has announced a significant milestone with the successful closure of a $22.5 million Series B financing round. Led by DigitalDx Ventures, alongside strategic investments from the Labcorp Venture Fund and Kompass Kapital Management, this funding is set to propel NOWDx to…
Raad Labs, a trailblazer in blockchain-driven climate technology, has announced a successful $2.25 million Seed funding round led by CoinFund, with participation from Tribe, EV3, and Protagonist. The company, incubated at Montauk Climate, aims to revolutionize climate data collection through its innovative Decentralized Physical Infrastructure Networks (DePIN) model. Raad Labs will leverage these funds to…
Rhombus, a trailblazer in cloud-managed physical security solutions, has successfully completed a $45 million Series C funding round. The investment was spearheaded by NightDragon, with participation from Bluestone Equity Partners, alongside existing supporters Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures. This latest infusion of capital brings Rhombus’ total funding to over $90…
Foodforecast, a Cologne-based AI startup dedicated to the food retail sector, has successfully raised over €3 million in funding. This investment round, led by Scalehouse Capital and Future Food Fund II, also saw participation from existing investors including Blue Horizon Ventures and Aeronaut Invest, along with several strategic contributors. The capital will be utilized to…
Gloo, the prominent technology platform designed to unite the faith community, has successfully completed a substantial $110 million funding round. This investment is set to enhance the development of Gloo’s platform and its focus on integrating advanced AI capabilities, while also launching Gloo Ventures to expand its influence and impact within the faith ecosystem. Gloo’s…
HubiFi, a cutting-edge solution in financial intelligence and revenue recognition, has successfully completed its seed funding round with $2.5 million secured. This investment, co-led by Motivate Ventures, Anthemis (with support from Foxe Capital), and Rev1, marks a pivotal step in advancing HubiFi’s mission to revolutionize revenue management for high-transaction businesses. HubiFi, launched in 2023, addresses…
In a landmark development for digital youth safety, k-ID has announced the successful closure of a $45 million Series A funding round led by Andreessen Horowitz and Lightspeed Venture Partners. This funding, which also includes backing from industry giants such as Okta and Z Venture Capital, propels k-ID to the forefront of the global conversation…
