WASHINGTON: AmeriCorps, the federal agency for national service and volunteerism, awarded State Service Commissions and more than 300 nonprofit, faith and community-based organizations more than $370 million in AmeriCorps State and National federal funding. Grants will support nearly 35,000 AmeriCorps members. In addition, more than $177.4 million in funding is being awarded to governor-appointed service commissions,…
AI coding assistance startup Augment Inc. announced its $227 million Series B round at a $977 million post-money valuation with investments from Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners and Meritech Capital. This brings Augment’s total funding to $252 million, following its $25 million Series A led by Sutter Hill Ventures. The latest…
SAN FRANCISCO: Ivo (formerly known as Latch), a company specializing in generative AI-powered contract review solutions, has announced a successful funding round of $4.8 million. This investment is aimed at enhancing the capabilities of legal teams, improving their efficiency and accuracy, and accelerating the delivery of business value. The rebranding to Ivo, inspired by the…
Aidium Mortgage CRM, a pioneer in mortgage technology solutions, has announced the successful completion of a $19 million Series A funding round. The round was spearheaded by PeakSpan Capital, marking a significant vote of confidence in Aidium’s innovative approach to reshaping the mortgage industry. The investment arrives at a critical juncture in the mortgage market,…
TELO, an emerging leader in electric vehicle innovation, has announced a significant $5.4 million funding round led by Neo. The investment, which includes contributions from Spero Ventures and several angel investors, marks a pivotal moment in the company’s expansion. This financial milestone follows a $1.78 million pre-seed round and comes alongside the appointment of Tesla…
In a significant boost for personalized e-commerce, FERMAT has announced a $17 million funding round led by Bain Capital Ventures. This investment propels FERMAT’s total capital to over $30 million, enabling it to enhance growth for clients such as True Classic and mindbodygreen. FERMAT’s AI-driven platform offers a tailored shopping experience, adapting storefronts to individual…
Tierra Biosciences has successfully secured an $11.4 million Series A funding round, spearheaded by Material Impact. This significant financial boost, with contributions from Prosus Ventures, In-Q-Tel, Hillspire, Freeflow Ventures, Creative Ventures, and Social Capital, will enable the company to expand its innovative cell-free protein synthesis platform. As the creator of the world’s first predictive AI-guided…
EasyKnock, the first home equity solutions platform in the U.S., announced a $28 million Series D funding round led by Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual. The round also included new and existing investors. The company will use the new capital to enhance its platform, which offers consumers alternative ways…
Ad-Shield, a startup that offers a next-gen adblock recovery solution, has closed a $2 million Pre-Series A funding round led by Shorooq Partners, with participation from existing investors Bass Investment and Hashed. The company, founded in 2023, helps publishers monetize their adblock users by protecting a minimal number of ads that are non-intrusive and respectful…
Elve Inc., a company that develops high-efficiency lightweight millimeter-wave power amplifiers, has secured $15M in Series A funding from a group of investors, including Lockheed Martin Ventures and TomEnterprise Private AB. The company’s power amplifiers enable wireless connectivity beyond 5G, by integrating advanced manufacturing technologies into vacuum electronic devices. Elve’s products can enhance communication with…
Orkes, a company that provides a fast and easy way to scale distributed systems, has secured $20 million in a funding round led by Nexus Venture Partners. The company, which launched in 2022 and raised $9.3 million in its previous round, has grown rapidly by offering a suite of industry-first AI tools and winning big…
Funding is one of the most important and challenging aspects of running a business, especially for women entrepreneurs. Despite the growing number of women-owned businesses in the world, there are still significant barriers and biases when it comes to fund your women-owned business. According to the Global Entrepreneurship Monitor, only 6.6% of women entrepreneurs received…