Defthedge, a Paris, France-based SaaS for managing exchange rates and commodities, announced that it raised €900,000 in its second round of funding. The investment was completed in collaboration with corporate finance, banking, energy, and consulting business angels, including BeAngels and Provence Angels. This funding will be used to strengthen its …

Ecotrak, an Irvine, CA-based intelligent facility and asset management platform, announced its latest bridge round of funding. The round was led by Gala Capital Partners and included investments from Rellevant Partners. The funds will be used to accelerate Ecotrak's aggressive growth plans in product development and innovation. "This round of …

MDI Health, a Los Angeles, CA-based AI-powered platform that automates the optimization of personalized medication treatment, at scale, raised $20 million in Series A funding, bringing the company’s total financing to $26 million. The round was led by Intel Capital, with participation from Maverick Ventures Israel and existing investors Hanaco …

Scale AI, a Montreal, Quebec-based Canadian AI Global Innovation Cluster dedicated to building the next-generation supply chain and boosting industry performance by leveraging AI technologies, announced record-breaking financing round with $117 million in investments supporting 15 projects in AI. The figure includes $77 million from various companies that stand to …

Procyon, a Santa Clara, CA-based company, launched a next-generation cloud-based privilege access management (PAM) solution for multi-cloud identity and access management and also announced that it raised $6.5 million in equity financing. The round was led by Lobby Capital, with participation from GTM Capital and First Rays Venture Partners. This …

Trace.Space, Riga, Latvia-based SaaS startup building AI-powered tools for engineering product development, raised $1.5 million in pre-seed funding. The round was led by Fiedler Capital, with participation from Nebular, Tiny VC, Foreword VC, Microsoft’s former GM Charlie Songhurst, and Change Ventures. The company will use the proceeds to grow the …

EthonAI, a Zurich, Switzerland-based AI-powered platform that detects, monitors, and prevents quality defects in manufacturing, raised $6.8 million in seed funding to bring its cutting-edge quality management platform to a broader market. The round was co-led by Earlybird and La Famiglia, with additional investment from existing investors, Wingman and Acequia …