X-energy, a prominent developer of advanced small modular nuclear reactors and fuel technology, has successfully concluded its Series C financing round with an additional $80 million from Ares Management Corporation and X-energy Founder, Kam Ghaffarian. This supplementary funding brings the total capital raised in the Series C round to $235 million, encompassing expected conversions of … Read more
EnCharge AI, a Santa Clara, California-based underdog in the AI accelerator chip arena, just hit a milestone by raising $22.6 million in its latest funding round. This funding was led by the VentureTech Alliance, the strategic VC linked with semiconductor giant TSMC, and saw participation from RTX Ventures, ACVC Partners, Anzu Partners, and Schams Ventures. … Read more
Pachama, the tech company on a mission to restore nature, just beefed up its Series B funding with an extra $9 million. The extension, led by T.Capital, Deutsche Telekom’s venture capital arm, along with existing investors Lowercarbon Capital and Positive Ventures, has now propelled Pachama’s Series B total to $64 million. This additional capital comes … Read more
Asato.ai, the innovator behind an AI-powered enterprise Copilot platform, has successfully concluded an oversubscribed seed financing round, amassing an impressive $7.5 million. The funding was co-led by Intel Capital and Lip-Bu Tan, with Shah Capital Partners also contributing, along with notable angel investors such as Amarjit Gill, Ash Bhardwaj, Charlie Giancarlo, and Sanjay Mehrotra. This … Read more
Gecko Robotics, a leading robotics company specializing in critical infrastructure assessment, has raised an additional $100 million in a Series C extension, highlighting its strategic focus on expanding its defense business. This funding round was led by significant investors, including the US Innovative Technology Fund and Founders Fund, both of whom will secure board seats. … Read more
Greenbrook TMS has successfully obtained $2.5 million in senior secured term loans through its twentieth amendment to the credit facility with affiliates of Madryn. The funds will contribute to general corporate and working capital needs. This amendment brings the total outstanding under the Credit Facility, collectively known as the “Loans,” to approximately $72 million. As … Read more
Eligo Bioscience, a cutting-edge gene-editing company focusing on diseases linked to bacterial gene expression from the microbiome, has successfully raised $30 million in a Series B funding round, led by Sanofi Ventures. This funding round, supported by new investor Bpifrance (through its InnoBio 2 fund) and existing backers Khosla Ventures and Seventure Partners (with Health … Read more
The new funds will be used to speed up product development and expand commercial operations.
Ares Management Corporation, a global alternative investment manager, has successfully raised an impressive $3.3 billion in funding for its real estate secondaries strategies. This funding includes contributions to the Landmark Real Estate Fund IX (LREF IX) and commitments from General Partners and affiliated entities. This achievement highlights Ares Management’s prowess in attracting substantial capital for … Read more
Ionomr Innovations Inc., a leading developer and manufacturer of breakthrough polymer and membrane technologies for next-generation hydrogen applications, has successfully closed a Series A-4 funding round, raising $20 million. The investment round was led by returning investors NGIF Cleantech Ventures and Pallasite Ventures, with substantial support from Shell Ventures, Chevron Technology Ventures, and Finindus. New … Read more