Lirvana Labs, the innovative force behind the Yeti Confetti™ Kids app, announces remarkable advancements in childhood education with its AI-driven learning platform. Recent data reveals that just 15 minutes of weekly engagement on the app can boost English literacy and mathematical reasoning skills by half a grade level in a mere 10 weeks, underscoring its…
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….
In a significant advancement for operating theatre safety, Alesi Surgical, a pioneering UK surgical technology firm, has successfully raised £5 million in a funding round led by Mercia Ventures. This latest investment, which also includes participation from existing investors IP Group and Panakès Partners, will be instrumental in scaling the company’s innovative smoke management solutions….
In a transformative move poised to reshape app development dynamics, Polish-founded startup Proofs has secured $2.6 million in a pre-seed funding round led by Earlybird Venture Capital. This strategic investment, which also includes participation from Expeditions Fund, Step Function Ventures, RTP Global, and esteemed angel investors, underscores Proofs’ pivotal role in accelerating innovation at the…
TruckSmarter, the innovative digital platform dedicated to optimizing operations for trucking professionals, announced today the successful closing of a $50 million debt facility, led by CoVenture. This funding is set to bolster TruckSmarter’s comprehensive suite of financial services, aimed at empowering truck drivers and owner-operators to streamline operations and expand their businesses. TruckSmarter stands out…
Armata Pharmaceuticals, Inc. (NYSE American: ARMP), a leader in the development of cutting-edge bacteriophage therapies, has been awarded an additional $5.25 million in non-dilutive funding by the U.S. Department of Defense (DoD). This significant grant, facilitated through the Medical Technology Enterprise Consortium (MTEC) and managed by the Naval Medical Research Command (NMRC) and the Joint…
Sungrow Power Supply Co., Ltd., a global leader in PV inverters and energy storage systems (ESS), has unveiled its latest innovations at Intersolar Europe 2024, showcasing the EMS3000 energy management system and iSolarBPS battery pre-diagnosis system. These advancements have captivated industry experts and attendees alike with their potential to revolutionize the renewable energy sector. The…
Gothenburg-based Kognic, a pioneering platform specializing in data annotation for sensor-fusion, has successfully raised SEK 100 million (€8.8 million) in its latest funding round. This investment round saw support from existing backers including Metaplanet, Neudi Kapital, and Stena Sessan. Kognic, founded by engineering physicists Daniel Langkilde and Oscar Petersson in 2018, is on a trajectory…
DC Connected Car, a pioneer in AI-driven remote vehicle diagnostics, has secured €2.1 million in seed funding. The round, led by Insurtech VC firm VENPACE, also saw participation from Borusan Ventures, Atlas Ventures, Network.VC, and existing investors APX, Bloomhaus Ventures, and Business Angels. This investment will propel DC Connected Car’s mission to transform the $500…
Codeium, a leading generative AI-powered coding platform, has announced the successful closure of a $150 million Series C funding round, elevating the company’s valuation to an impressive $1.25 billion. This funding round was spearheaded by General Catalyst, with continued backing from existing investors Kleiner Perkins and Greenoaks. With this new capital, Codeium solidifies its position…
