Italian startup Glaut has announced the successful closure of a $1.4 million pre-seed round, marking a significant milestone in its journey. The funding round was led by Italian Founders Fund, with participation from Brainstorm Ventures, Alecla7, Ithaca, BHeroes, Club degli Investitori, Eden Ventures, Delirus Capital, and prominent angel investors including David Clarke (former Workday executive) and Pietro Cesati (former Soisy executive). With the new financing, Glaut plans to bolster its product and tech team, further enhance its customer research platform, and develop vertical solutions tai ..read more

Valtech, the global leader in Experience Innovation, has finalized its acquisition of Kin + Carta, a renowned digital transformation consultancy. This strategic move solidifies Valtech’s position as the premier partner for business transformation, empowering Fortune 500 and household-name brands to adapt to evolving consumer expectations, establish robust technology foundations, and foster sustainable growth through exceptional experiences. Olivier Padiou, CEO of Valtech, expressed his enthusiasm about achieving the company’s vision of becoming the world’s most influential Experience Innovatio ..read more

NEC X, the Silicon Valley-based innovation accelerator and venture studio backed by global IT leader NEC, has announced the selection of seven standout startups for its Elev X! Ignite cohort Batch 11. These startups were chosen from a pool of over 250 qualified applicants for their disruptive potential in AI, public safety, marketing, healthcare, and other emerging technologies. Since its inception in 2018, NEC X has facilitated the launch and growth of more than 100 startups. Elev X! Ignite offers a unique approach to the venture studio model, providing selected startups with collaboration op ..read more

London-based Treefera has successfully raised $12 million in a Series A funding round led by AlbionVC, just seven months after its $2.2 million pre-seed round. This funding aims to bolster the platform’s capabilities, expand its global team, and strengthen its position in the nature-based asset data landscape. With partnerships including Anew Climate, ACCIONA, and Maple Credits, Treefera is poised to revolutionize supply chain transparency, offering immediate insights and fostering a community united in combating climate change. The strong investor support underscores Treefera’s potential to a ..read more

Carv, a platform empowering web3 gaming and AI companies, as well as gamers, to control and monetize their data, has secured a significant milestone with a $10 million Series A funding round led by Tribe Capital and IOSG Ventures. This Series A round follows a strategic investment led by HashKey Capital just five months ago. While Carv has not disclosed its current valuation or total funding, it was valued at around $40 million in 2022 during its seed round led by Temasek’s VC arm, Vertex Ventures. Initially targeting the gaming and AI sectors, Carv aims to empower users to control and monetiz ..read more

RevOpsis Therapeutics, a cutting-edge biopharmaceutical company focusing on ophthalmic therapies, has announced the successful closure of its first seed funding round, securing $16.5 million. This funding will drive the development and commercialization of treatments for chronic multifactorial diseases through RevOpsis’ proprietary Rev-Mod Platform. Of the total amount raised, $7.5 million comes from non-dilutive capital sources. These funds will support the completion of Investigational New Drug (IND) enabling studies for RO-104, RevOpsis’ lead candidate for treating neovascular age-related m ..read more

Alaffia Health, a pioneer in generative AI solutions for health plan claim operations, has announced a successful Series A funding round of $10 million, bringing its total capital raised to $17.6 million. FirstMark Capital led the round, with participation from GingerBread Capital and existing investors including Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures, and Tau Ventures. Amish Jani from FirstMark will join Alaffia’s Board of Directors as part of the investment. The funding will be used to expand commercial operations and further advance AI research and product de ..read more

Dripos, a specialized software platform designed for coffee shops, has secured an $11 million Series A funding round led by Base10. This investment marks a significant milestone for Dripos as it continues its mission to revolutionize coffee shop operations. The rapid adoption of Dripos by coffee shop owners has fueled the company’s remarkable growth. In 2023 alone, Dripos experienced a 400% increase in the number of locations using its platform, expanding its presence to coffee shops across 46 states and processing hundreds of millions in annual payments. Dripos stands out for seamlessly integ ..read more

Bump, a platform founded by James Jones and Anton Koyalov, has raised $3 million in seed funding to address the financial management challenges faced by creators. Inspired by his father’s struggles to manage finances as a musician and preacher, Jones launched Bump in 2020 to support creators in tracking income, negotiating deals, and building wealth opportunities for themselves and their families. During the pandemic, many creators faced uncertainties about earning money, prompting the need for a solution like Bump. The platform allows creators to monitor their income and market value, empower ..read more

German software company Octomind has secured $4.8 million in funding to revolutionize web testing using generative AI. Founded by Marc Mengler and Daniel Roedler, Octomind aims to automate the testing process for web applications, identifying and fixing bugs without human intervention. Mengler and Roedler were motivated to create Octomind by their experiences in software development, where they encountered the challenges of manual quality assurance processes. Drawing on their expertise in AI and web app development, they developed Octomind’s AI agent, which navigates websites, identifies poten ..read more