LATEST ARTICLES

USA-based Ensis raises USD 4 million in an oversubscribed seed round

California, USA-based startup developing AI-powered proposal software to help companies respond to and win more government contracts, Ensis raised USD 4 million in an oversubscribed seed round. The company announced the investment on March 27, 2024. NextGen Venture Partners and Tau Ventures co-led the financing for the company. Meanwhile, Grep VC, Innovation Global, and Gaingels joined in the funding. Purpose...

USA-based TurbineOne raises USD 15 million in Series A

USA-based leader in government Machine Learning (ML) that is simple-to-use and edge-first, TurbineOne raised USD 15 million in its Series-A funding round. The round took place on March 27, 2024. Bessemer Venture Partners led the financing for the company. Meanwhile, previous investors The General Partnership and XYZ Ventures. Pallas Ventures, a national security-focused investment firm, also joined this round. Purpose...

Canada-based Flare acquires Foretrace

Montreal, Canada-based, a global leader in Threat Exposure Management, Flare acquired a U.S.A-based data exposure company renowned for its adept team and its unique Total ReconTM detection engine, Foretrace. The company announced the acquisition on March 26, 2024. However, it did not disclose the amount of the transaction. Flare also revealed as part of the agreement that Nick Ascoli, one...

USA-based Avenzo Therapeutics raises USD 150 million in funding

California, USA-based clinical biotechnology company, Avenzo Therapeutics raises USD 150 Million in the funding. The company announced the fundraise on March 26, 2024.  The total capital raised since the company’s inception in August 2022 is USD 347 million. The financing round includes nine new investors. New Enterprise Associates (NEA), Deep Track Capital, Sofinnova Investments, and Sands Capital led the company's...

USA-based Aroma360 acquires NextScent

Miami, Florida-based global leader in scent branding and marketing solutions, Aroma360, acquired the assets of NextScent Inc. NextScent is known for its patented, eco-friendly, and advanced air-care solutions that have been developed for commercial accounts and global brands. The company announced the acquisition on March 25, 2024. However, it did not disclose the amount of the transaction. Purpose of the...

France-based Metyos raises EUR 2.3 million in Pre-seed funding

Paris, France-based MedTech startup on a mission to relieve the burden of chronic kidney disease (CKD) on patients and healthcare systems worldwide, Metyos raised EUR 2.3 million in pre-seed funding. The round took place on March 25, 2024. Cenitz led the financing for the company. Meanwhile, KIMA Ventures, Advans Lab, and Bpifrance alongside doctors, leading health insurance angels, and...

USA-based Ediphi raises USD 12 million in Series A

Boston, USA-based the most advanced cloud-based estimating solution on the market, Ediphi raised USD 12 million in Series A funding. The round took place on March 21, 2024. Norwest Venture Partners led the financing for the company.  Purpose of the financing for the company With the latest financing, the company has plans to expand its team. It also seeks to invest...

Sweden-based Cemvision raises EUR 10 million in funding

Sweden-based climate tech company Cemvision raised EUR 10 million in funding. The round took place on March 22, 2024. The seed round is the largest known green cement seed round so far. Investors such as Polar Structure and BackingMinds and SF-based Zacua Ventures joined the company's financing team. Purpose of the financing for the company With the latest financing, the company...

Nigeria-based Zone raises USR 8.5 million in Seed Funding 

Nigeria-based Africa's fast-growing payment infrastructure company Zone raised USR 8.5 million in oversubscribed seed funding. The round took place on March 18, 2024. Reputable VC firms such as Flourish Ventures and TLcom Capital led the company's financing. Meanwhile, Digital Currency Group (DCG), VKAV (Verod-Kepple Africa Ventures), Endeavor Catalyst and Alter Global also supported the company. Purpose of financing for Zone With...

Portugal-based UpHill raises EUR 7 million in funding

Lisbon, a Portugal-based technology company orchestrating and automating care journeys for hospitals and patients, UpHill closed a new investment round of EUR 7 million. The round took place on March 18, 2024. New investors such as Explorer and the joint Social Impact fund of Redstone and EnjoyVenture led the financing for the company. Meanwhile, existing investors such as Brighteye...