ModernFi, a rising technology provider that has quickly become a cornerstone of deposit management for U.S. financial institutions, announced the close of a $30 million Series B funding round. The investment was led by Canapi Ventures with participation from Andreessen Horowitz, Curql, Remarkable Ventures, and new backer Intercontinental Exchange (NYSE: ICE). With this round, … [Read more...] about ModernFi Secures $30 Million to Reinvent Deposit Infrastructure
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Tahoe Therapeutics Secures $30 Million to Build the Largest Virtual Cell Model Dataset in History
Tahoe Therapeutics has raised $30 million to embark on what it calls a transformative leap in precision medicine: the creation of the largest foundational dataset for training AI-powered Virtual Cell Models. The initiative will generate an unprecedented one billion single-cell datapoints, mapping one million drug-patient interactions — a scale never before achieved — with the … [Read more...] about Tahoe Therapeutics Secures $30 Million to Build the Largest Virtual Cell Model Dataset in History
Xpand Secures $6M to Launch AI-Powered Autonomous Retail Stores, Starting in Vienna
Xpand, a retail technology startup specializing in fully autonomous, AI-driven retail stores, has secured $6 million in a funding round led by Ibex Investors and Emerge, with additional participation from its executive team, including Chairman and CEO Joel Bar-El. The strong internal investment signals confidence in the company’s vision to create a new generation of retail that … [Read more...] about Xpand Secures $6M to Launch AI-Powered Autonomous Retail Stores, Starting in Vienna
Positron AI Sets the Pace in American Semiconductor Innovation with Major Funding Milestone
Positron AI has firmly positioned itself at the forefront of the American semiconductor industry, recently securing an impressive $51.6 million in an oversubscribed Series A funding round. This significant capital injection, led by influential venture firms Valor Equity Partners, Atreides Management, and DFJ Growth, with additional backing from prominent investors including … [Read more...] about Positron AI Sets the Pace in American Semiconductor Innovation with Major Funding Milestone
Lighting the Future: xLight Secures $40M to Build the World’s Most Powerful EUV Free Electron Lasers
A transformative leap in semiconductor technology is underway. xLight, a cutting-edge American startup, has just closed an oversubscribed $40 million Series B equity round, signaling a bold acceleration of its mission to develop the world’s most powerful extreme-ultraviolet (EUV) free electron lasers (FEL). The financing was led by Playground Global, with strong participation … [Read more...] about Lighting the Future: xLight Secures $40M to Build the World’s Most Powerful EUV Free Electron Lasers
Unify Raises $40M to Redefine Go-To-Market with AI Agents That Scale Sales
Unify, an AI-native platform purpose-built to transform the go-to-market (GTM) motion, has secured $40 million in a Series B funding round led by Battery Ventures. This latest infusion of capital comes just nine months after the company’s $12 million Series A and brings along heavyweight participation from the OpenAI Startup Fund, Thrive Capital, Emergence Capital, Abstract … [Read more...] about Unify Raises $40M to Redefine Go-To-Market with AI Agents That Scale Sales
Seagate Unleashes 30TB Hard Drives to Fuel AI Infrastructure at the Edge
Seagate Technology Holdings plc (NASDAQ: STX) has unveiled a powerful new suite of 30TB hard drives that signals not only a leap in storage density but also a bold move to meet the soaring demands of edge-based AI deployment. Announced today, the new Exos® M and IronWolf® Pro drives, based on the company's Mozaic 3+™ platform and powered by its advanced heat-assisted magnetic … [Read more...] about Seagate Unleashes 30TB Hard Drives to Fuel AI Infrastructure at the Edge
Firefly Takes Flight: Adobe’s Mobile Expansion Sparks New Growth Horizon
Adobe (Nasdaq: ADBE) has once again raised the bar for creative innovation, launching a major expansion of its Firefly platform that seamlessly extends generative AI capabilities to mobile devices. This latest move does more than just bolster Adobe’s product portfolio—it repositions the company at the very center of mobile-first, AI-assisted content creation and ideation, … [Read more...] about Firefly Takes Flight: Adobe’s Mobile Expansion Sparks New Growth Horizon
SkyDrive’s ¥8.3 Billion Pre-Series D Raise Anchors Japan’s Air Mobility Future
SkyDrive Inc., the eVTOL aircraft pioneer based in Japan, has marked a critical milestone in its mission to redefine mobility by announcing a ¥8.3 billion Pre-Series D funding round. With this new capital injection led by MUFG Bank and bolstered by strategic investments from Suzuki Motor Corporation, East Japan Railway Company (JR East), Kyushu Railway Company (JR Kyushu), and … [Read more...] about SkyDrive’s ¥8.3 Billion Pre-Series D Raise Anchors Japan’s Air Mobility Future
HPE and Juniper: A Strategic Fusion at the Core of AI-Native Networking
The formal completion of Hewlett Packard Enterprise’s acquisition of Juniper Networks marks a pivotal shift not just for the companies involved but for the broader trajectory of enterprise IT. This $14 billion transaction doesn’t merely expand HPE’s product lines—it redefines its strategic position in the marketplace. As data and artificial intelligence workloads drive tectonic … [Read more...] about HPE and Juniper: A Strategic Fusion at the Core of AI-Native Networking