News - Page 206

Formic Raises $27.4M in Series A Funding TLDR: Formic, a provider of robots-as-a-service (RaaS) automation to U.S. manufacturers, raised $27.4M in Series A funding. Investors include Blackhorn Ventures, Mitsubishi HC Capital America,

TLDR: Norm Ai, a NYC-based AI-powered regulatory compliance platform, raised $27 million in Series A funding led by Coatue. The funding round also saw participation from Bain Capital Ventures, Blackstone, New York

TLDR: Tenacious Ventures has lowered the target for its Fund II from A$70m to A$50m. The firm has reached its first close at A$18m amid challenging market conditions. In a challenging market

TLDR: Neustark, a carbon dioxide removal (CDR) solutions provider, raised $69 million in an equity funding round led by Decarbonization Partners. The funding will be used to expand the team, enhance offerings,

TLDR: Investor Dr. Ilian Iliev brings a private equity model to venture capital, offering proactive support and value creation services to companies within NetScientific’s portfolio. Iliev founded EMV Capital in 2018 and

TLDR: Bright Machines, an AI-focused manufacturing startup, secured $106 million in Series C funding from investors like Nvidia and Microsoft. The funding will enhance their robotics, computer vision, and automation engineering to

TLDR: MSCI predicts private market liquidity challenges to persist in Q2 Private equity distributions in Q1 were significantly below average The private equity industry is facing ongoing liquidity challenges, with research giant

TLDR: African startups raised $187 million in funding in May, showing a significant rebound in the continent’s venture capital space. 64 ventures received at least $100k, with 17 of them raising over

TLDR: Key Points: A new study suggests that excessive screen time during childhood can lead to behavioral issues later in life. The study, published in the journal JAMA Pediatrics, followed children from

TLDR: Heather Fraser appointed as Chief Financial and Operating Officer at Evolution Equity Partners. Evolution Equity Partners completes a $1.1 billion capital raise. Evolution Equity Partners, a leader in cybersecurity venture capital,