Cast AI, a Miami, Florida–based application performance automation platform, has secured a strategic investment, bringing its valuation above $1 billion. Investors The investment was made by Pacific Alliance Ventures, a corporate venture capital arm of South Korea’s Shinsegae Group, based in Los Angeles, California. It invests in high-growth and emerging …
Flywheel, a Minneapolis, MN–based company that provides a cloud-based solution for managing, curating, and analyzing medical imaging data, has secured $25 million financing round. Investors The oversubscribed equity round was led by Novalis LifeSciences and 8VC. Novalis LifeSciences is a boutique investment and advisory firm based in Portsmouth, New Hampshire, …
Blackbird.AI, a New York–based provider of an AI-driven narrative intelligence platform, has raised $28 million in strategic funding. Investors The funding round included participation from Ten Eleven Ventures, Dorilton Ventures, and cybersecurity executive leaders, Dave DeWalt (CEO and Founder of NightDragon, former CEO of FireEye and McAfee) and Chris Young …
Trustwell, a Salem, Oregon–based provider of SaaS solutions for regulatory compliance and traceability in the food industry, has secured a majority investment. Investors The investment was made by The Rise Funds, TPG’s global impact investing platform, which manages approximately $29 billion in assets across a family of funds. The fund …
mBaaS, a South Korea–based technology company that provides an AI-powered no-code platform, has raised 300 million won in investment. Investors The investment comes from Pusan National University Technology Holdings, the specialized investment and technology commercialization arm of Pusan National University, one of South Korea's flagship national institutions. Established in 2010, …
FitXpert, a Cairo, Egypt-based SaaS platform for the fitness and nutrition sector, has secured a seven-figure strategic investment. Investors The funding was from Foras Investment, an Abu Dhabi-based investment firm focused on empowering the MENA startup ecosystem through AI-driven technology and alternative financing. The firm specializes in backing companies that …
Sibros, a San Jose, CA–based provider of software-defined vehicle (SDV) management solutions, has raised $9 million in growth funding. Investors The round includes participation from Niterra Co., Ltd., among other investors. Niterra Co., Ltd. is a Japanese multinational manufacturer specializing in automotive components and technical ceramics. Headquartered in Nagoya, Japan, …
