SEEN, the award-winning haircare brand developed by Harvard-trained dermatologist Dr. Iris Rubin, has successfully secured $9 million in a Series A funding round. This latest investment will fuel SEEN’s growth as a leading science-backed and clinically-proven beauty brand, strategically positioned at the intersection of billion-dollar markets, including haircare, sensitive skin, acne, eczema, dry scalp, and … Read more
Stellantis has announced the layoff of nearly 200 workers at its Sterling Heights Assembly Plant, citing “intense external market conditions.” According to United Auto Workers (UAW) Local 1700, the layoffs, which affect 177 supplemental employees and 14 full-time employees, will take effect on September 28. This development follows a series of workforce reductions by Stellantis, … Read more
Northvolt, the Swedish battery manufacturer, has announced significant layoffs, impacting approximately 1,600 employees across its operations in Sweden. This includes 1,000 positions at the main plant in Skellefteå, 400 in Västerås, and 200 in Stockholm, representing nearly a quarter of the company’s Swedish workforce. Despite strong overall momentum in electrification, Northvolt CEO Peter Carlsson emphasized … Read more
Atomicwork, a leading modern service management platform, has successfully closed a strategic funding round of over $3 million, bringing the total seed funding to $14 million. The latest round was notably backed by more than 40 seasoned industry veterans, including prominent global Chief Information Officers (CIOs) and Chief Technology Officers (CTOs), reflecting strong confidence in … Read more
Meridian, a decentralized liquidity marketplace and liquid staking protocol built on the Movement blockchain, has successfully raised $4 million in seed funding. The financing round was co-led by ParaFi Capital and Borderless Capital, with additional participation from prominent investors such as Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures. This significant investment underscores … Read more
Letta, a generative AI startup spun out of UC Berkeley’s AI research lab, has emerged from stealth with a $10 million seed round led by Felicis, with participation from Sunflower Capital, Essence VC, and notable angels including Jeff Dean of Google DeepMind and Clem Delangue of Hugging Face. The funding will support Letta’s mission to … Read more
Vicebio, a biopharmaceutical company focused on developing next-generation vaccines for life-threatening respiratory viral infections, announced the completion of a $100 million Series B financing round. Led by TCGX, the round saw participation from Goldman Sachs Alternatives, Avoro Ventures, venBio, UniQuest, and founding investor Medicxi. The company is utilizing its proprietary Molecular Clamp technology, developed at … Read more
FluoRok, an Oxford-based start-up, has secured £7.7 million ($9.8 million) in an oversubscribed funding round to scale, manufacture, and commercialize its innovative fluorochemical reagents and battery electrolyte salts. The round was led by BGF, with participation from Green Generation Fund, Volta Energy Technologies, Oxford Science Enterprises, the University of Oxford, Excellis Holding, and angel investors. … Read more
David Energy, a pioneering gridtech company, has raised $23 million in its latest funding round to transform the retail energy market and drive the transition to a 100% clean energy grid. The round was led by Cathay Innovation, with contributions from existing investors Union Square Ventures, Keyframe Capital, Equal Ventures, and BoxGroup. This new funding … Read more
Kestra, the rapidly growing unified orchestration platform, has secured $8 million in seed funding less than a year after closing its $3 million pre-seed round. The platform, known for its user-friendly, open-source orchestration capabilities, has experienced significant growth, with workflow executions increasing tenfold in the past year. Kestra is now used by thousands of organizations, … Read more