Silicon Valley Journals Caelux, a trailblazer in harnessing perovskites for enhanced solar energy generation, has announced the successful closure of a $12 million Series A3 funding round. This funding effort was led by Temasek, a global investment company, and featured participation from prominent investors including Reliance New Energy Limited, Khosla Ventures, Mitsui Fudosan, and Fine Structure Ventures. The … Read more
Olis Robotics, a company specializing in remote monitoring, control, and error recovery technology for industrial robots, has successfully raised $4.1 million in a funding round led by PSL Ventures. Additional investors include Tectonic Ventures, Ubiquity Ventures, as well as strategic angel investors such as robotics pioneer Daniel Theobald. The funding will support Olis Robotics’ efforts … Read more
Novarc Technologies Inc., a prominent provider of advanced robotics solutions, has successfully concluded a Series A fundraising round with Caterpillar Venture Capital Inc., a subsidiary of Caterpillar Inc., a global leader in construction and mining equipment manufacturing. The investment from Caterpillar is expected to accelerate the development of Novarc’s groundbreaking AI-powered robotics platform. Soroush Karimzadeh, … Read more
ShapesXR, a startup specializing in spatial apps creation and collaboration, has successfully secured $8.6 million in new funding. The investment will be used to expand the platform’s capabilities to new devices, including Apple Vision Pro, Pico, and Magic Leap. Founded in 2016 as Shapes Corp., ShapesXR provides a web-based platform that empowers users to create … Read more
Virtualitics, an artificial intelligence and data exploration company, has successfully raised $37 million in a Series C financing round, led by Smith Point Capital, LLC, along with participation from Citi and advisory clients of The Hillman Company, among other investors. The investment will fuel the growth of Virtualitics’ groundbreaking technology, Intelligent Exploration, which empowers data … Read more
Renewa, a prominent land and infrastructure investor in the renewable energy sector, has successfully secured $450 million of committed capital, with QIC leading the investment as a leading institutional investment manager and advisor. This new capital infusion will propel Renewa’s efforts to drive the transition to renewable energy within the United States. Renewa holds one … Read more
Tracer, a distinguished data intelligence platform, has triumphantly concluded an oversubscribed Series A funding round, co-led by NewRoad Capital Partners, Progress Ventures, and BDMI (part of Bertelsmann’s corporate venture arm). This successful fundraising effort, also involving S4S Ventures and Arbour Way Investors, has solidified Tracer’s position in the data intelligence landscape. In conjunction with the … Read more
Persefoni, a prominent Climate Management and Accounting Platform (CMAP) provider catering to enterprises and financial institutions, has announced a significant achievement with the completion of a $50 million Series C-1 funding round. This round was spearheaded by TPG Rise, with participation from notable investors such as Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, … Read more
Novo Nordisk, a global pharmaceutical company specializing in diabetes care and other metabolic disorders, has announced its acquisition of Inversago Pharma, a Montreal-based developer of CB1 receptor-based therapies. The deal involves an initial cash payment with potential additional payments upon achieving specific development and commercial milestones, totaling up to $1.075 billion. Inversago Pharma is known … Read more
ZRG, a global talent advisory firm, has announced its acquisition of The Registry, an Interim Executive Solutions company specializing in higher education. The acquisition further enhances ZRG’s offerings and positions the firm as a leader in providing talent solutions for the higher education sector. Since its establishment in 1992, The Registry has been a key … Read more