Dfns Closes USD 16mln Financing from ADQ to Expand Crypto Wallet Infrastructure

Dfns Secures USD 16mln to Expand its Crypto Wallet Infrastructure for Finance (Photo: Business Wire)

Dfns, the leading wallet-as-a-service platform for crypto assets, has successfully closed a USD 16 million Series A, led by Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ. This round also saw participation from historic investors such as White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, alongside new backers including Motive […]

Sequoia Capital to Leads Gridware’s Series A Funding of USD 26.4mln

Gridware Founders (left to right) Abdulrahman Bin Omar, Tim Barat, and Hall Chen, with a Gridscope device that provides continuous power grid monitoring to help utilities prepare for and respond to risks. (Photo: Business Wire)

Gridware, a continuous power grid monitoring solution provider, recently announced its Series A funding of USD 26.4 million led by Sequoia Capital. The funds will empower Gridware to further scale production of Gridscopedevices and the Gridware monitoring and analytics service, which provides continuous power grid monitoring 24 hours per day to help utilities prepare for and […]

Understanding Working Capital Finance: Unlocking Business Growth Potential

Representative Image (Image by Freepik)

Discover how working capital finance can fuel your business expansion and maintain operational efficiency. From traditional lending options to innovative fintech solutions, learn the strategic approaches to managing cash flow and securing funding. This comprehensive guide helps business owners and entrepreneurs navigate the complexities of working capital finance while maximizing growth opportunities. In today’s dynamic […]

How Bridging Finance Can Help Businesses Solve Cash Flow Problems

Representative Image (Image by creativeart on Freepik)

Managing cash flow is critical for business success, with poor cash flow management accounting for up to 82% of business failures. This makes it essential for business owners to explore effective financial solutions to maintain liquidity and operational stability. One such solution is bridging finance, a short-term loan that can provide businesses with quick access […]

Drip Capital Capitalizes USD 113Mn In Latest Funding To Trigger Expansion

Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, led by the International Finance Corporation (IFC) and East West Bank.

Drip Capital, a leading digital platform for trade finance, has recently secured $113 million in latest funding. This comprises $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, powered by the International Finance Corporation (IFC) and East West Bank. According to Industry sources, Drip has witnessed remarkable expansion, […]

Pack Ventures Collaborates with the University of Washington to Boost Innovation

Ken Horenstein-Founder-and-General-Partner-of-Pack-Ventures-Photo-Business-Wire

Pack Ventures, an independently run venture capital fund, is collaborating with the University of Washington (UW) to boost innovation and support entrepreneurial ventures emerging from the university. This collaboration provides opportunities for Husky alumni to invest in promising startups and will help bolster the UW’s entrepreneurial ecosystem. The collaboration between the UW and Pack Ventures […]

HydroX AI secures new funding for LLM safety and security innovation

HydroX AI, an artificial intelligence (AI) startup with the industry’s first comprehensive all-in-one large language model (LLM) safety and security platform, recently announced closing a USD 4 million angel round from Vitalbridge Capital, Atom Capital and noted AI expert, Qi Lu, EVP of Microsoft, former COO of Baidu. The funding will provide the means for HydroX AI […]

Sigma secures USD 200Mln in series D funding

Sigma Raises $200 Million in Series D Funding

Sigma, the first and only cloud analytics solution built natively for cloud scale, announced further evidence it is the market growth leader in cloud data analytics and the go-to application and workflow platform for cloud data apps. The company announced it has raised $200M in Series D financing to continue transforming BI through its innovations in AI […]

Northwell Launches USD 500Mln initiative to expand pediatric mental health services

Cohen Children’s Medical Center

As the number of children and adolescents in need of mental health support continues to increase at alarming rates, Northwell Health is investing $350 million over the next five years and launching a $150 million fundraising campaign to expand pediatric behavioral health services across its footprint including creating a new model of care and building […]

Travelshift raises USD 10 Million capital from existing shareholders

map-world-with-money-magnifying-glass (Image by Freepik)

Travelshift, the leading online travel agency (OTA) in Iceland has raised $10 million USD of capital from existing shareholders, raising the total funding amount to $30 million USD. The financing represents a vote of confidence from Travelshift’s current investors in the company’s growth trajectory and future potential. According to Harshal Chaudhari, President, and Chief Investment […]