Beebop.ai has raised $5.5 million in a Seed Round led by Angular Ventures, with support from Contrarian Ventures. The company, specializing in virtual power plant technology, is already working with major utilities and manufacturers across Europe, the UK, and the Middle East. It expects to manage over 100,000 residential assets in the coming year. With … Read more
Microsoft is laying off 650 employees from its gaming division, marking the latest round of cuts since the company’s $68.7 billion acquisition of Activision Blizzard. The layoffs follow a previous reduction of 1,900 roles in the division, which occurred eight months ago. Post-Acquisition Restructuring In an internal memo, Xbox chief Phil Spencer explained that the … Read more
Stockholm-based startup Wingbits, focused on building the world’s best flight tracking network, has raised $3.5 million in a seed funding round. The round, which closed in June, was led by two U.S. VC firms: Borderless Capital, a Miami-based Web3 venture capital firm, and Tribe Capital, a $1.6 billion AUM fund that invests in category-leading traditional … Read more
10 Federal, a trailblazer in the self-storage industry, announced that it has raised $25 million in the first closing of its Opportunistic Offering in Q3 2024. The round, led by Essentia Capital Partners, will fund the development of high-end, Class-A properties in Dripping Springs, TX, and Charlotte, NC. This new funding enables 10 Federal to … Read more
Ren Systems Secures $3.5M in Funding, Partners with ZoomInfo to Revolutionize AI-Powered Relationship Intelligence for 35,000 Businesses
Nostra AI, a leader in conversion optimization software for e-commerce brands, has successfully raised $8.9 million in its latest funding round, bringing its total capital raised to $20 million. The funding round was spearheaded by High Alpha, with additional contributions from Signal Peak Ventures, Sugar Capital, Crosscut, and Good Friends. Notable industry experts and angel … Read more
Landbase, a groundbreaking AI platform designed specifically for go-to-market strategies, has emerged from stealth mode with a substantial $12.5 million in seed funding. The investment round was co-led by A*, 8VC, and First Minute Capital, with additional support from Inovia Capital, Picus Capital, and General Catalyst (La Famiglia). Landbase addresses a critical challenge for businesses: … Read more
MirrorWeb, a Manchester-based regulatory compliance software provider, has raised $63 million in growth capital from Mainsail Partners, bringing its total funding to $68.8 million. The investment will support MirrorWeb’s expansion, enabling it to accelerate product development and strengthen customer success efforts. Founded in 2016, MirrorWeb specializes in providing unified communications supervision software to financial services, … Read more
PhoreMost, a UK-based biopharmaceutical firm, has raised an additional $12 million in its Series B funding round, bringing the total to over $50 million. Led by Parkwalk Advisors, the round saw contributions from existing investors, including BGF, Dr Jonathan Milner, Amadeus Capital, and Astellas Venture Management. This infusion of capital will accelerate PhoreMost’s efforts in … Read more
Solasta Bio Raises £10.7m for Nature-Based Insecticide Development