LONDON: Pensana (PRE.LSE) has concluded a US$100 million subscription by a Strategic Investor in support of the Company’s U.S. Mine-to-Magnet strategy. Under the agreement, the Strategic Investor has subscribed for 95,000,000 new ordinary shares of £0.001 each subject to confirmatory due diligence of the Longonjo project along with shareholder authorisation of the share issue and…
HAYWARD – Blue Current, Inc., a developer of silicon solid-state batteries, has secured more than $80 million in an extension of its Series D funding round, the company announced on Tuesday. The investment round was anchored by Amazon.com, Inc., with participation from existing investors Koch Disruptive Technologies, Piedmont Capital, Rusheen Capital Partners, and Allen & Company. The…
NEW YORK — Ostium Labs, the developer of a protocol enabling decentralized trading of perpetual swaps on traditional markets, announced Thursday it raised $24 million in new funding. The funding includes a $20 million Series A round co-led by General Catalyst and Jump Crypto, and a previously unannounced $4 million strategic round. It brings the…
FRANKFURT: Black Forest Labs, the creator of the popular FLUX image-generation models, said on Tuesday it raised $300 million in a Series B funding round led by AMP and Salesforce Ventures, vaulting the young company to a post-money valuation of $3.25 billion. The funding underscores fierce investor appetite for generative artificial intelligence firms that combine…
ASKER — Enerin, a Norwegian technology company specializing in high-temperature heat pumps, announced Thursday it has raised €15 million (NOK 180 million) in a Series A funding round to accelerate the industrial adoption of its clean heating solutions. The round was led by Climentum Capital, with participation from The Footprint Firm, Johnson Controls, Move Energy,…
GUERNSEY – Global Interconnection Group Limited (GIG) said on Thursday it has received expressions of interest from third-party investors, including a formal proposal to acquire the entire company, as well as other proposals for substantial investments. The company, which owns subsea cable and energy interconnection assets, stated it has entered into a term sheet with one…
SAN FRANCISCO: Evertune, a platform specializing in Generative Engine Optimization (GEO) and AI marketing, announced today that it has raised $15 million in a Series A funding round led by Felicis Ventures. The company plans to use the new capital to expand its platform, which helps brands measure and optimize their presence in AI-generated content…
MELBOURNE: TALi Digital Ltd (ASX: TD1), a digital health company, has announced the acquisition of You Can Do It! Education (YCDI!), a social-emotional learning program, for $1.34 million. The deal, funded by TALi’s existing cash reserves, includes an upfront payment of $1.14 million and $200,000 in installments over 24 months. YCDI!, an Australian-based program, focuses…
SOUTHAMPTON: AccelerComm, a leader in high-performance 5G technology for satellite networks, has closed a $15 million funding round to advance its direct-to-device (D2D) communications solutions. The investment, led by IP Group plc (LSE: IPO), will support the development and deployment of AccelerComm’s 5G satellite communications products, enabling seamless connectivity between mobile devices and space-based networks….
SAN RAMON: Tessell, a multi-cloud database-as-a-service startup, has raised $60 million in a Series B funding round led by WestBridge Capital. The new funding will support the company’s expansion efforts and the launch of its AI-powered conversational database management service. Founded four years ago, Tessell aims to address challenges faced by businesses as they manage…
CHICAGO: Sizl, a cook-to-order delivery service based in Chicago, aims to change perceptions by delivering meals made with fresh ingredients in about 30 minutes. The company announced Tuesday that it raised $3.5 million in a seed round at a post-money valuation of $12 million. Unlike traditional dark kitchens that serve as shared spaces for various restaurants, Sizl…
NEW YORK: VELA, a pioneering French company innovating in 100% wind-powered maritime transport, is proud to announce a significant funding round of €40 million ($43 million USD)—a round led by Crédit Mutuel Impact, 11th Hour Racing & BPI – French Public Investment Bank. “This major fundraising marks a key step in VELA’s development. We are…