In a groundbreaking decision, a panel of state Court of Appeal justices in Los Angeles has challenged Amazon’s stance on its responsibility for the safety of products sold on its platform, especially those offered by third-party vendors. Amazon’s Claim Rejected Contrary to Amazon’s assertion that it is merely a facilitator connecting buyers and sellers, the…
In a significant stride towards revolutionizing the steel and metal industry, Felux, an online B2B marketplace and supply chain platform headquartered in Cleveland, OH, has successfully raised $19 million in its Series A funding round. Fueling Growth and Innovation Led by EquipmentShare, the funding round witnessed participation from notable investors such as Signia Venture Partners,…
In a major funding milestone, Mayvenn, a cutting-edge beauty-tech company based in Oakland, CA, has successfully raised $40 million in Series C funding. Strategic Backing: Cleveland Ave Takes the Lead The Series C funding round was spearheaded by Cleveland Ave, showcasing the confidence of leading investors in Mayvenn’s potential. Noteworthy participation also came from the…
In a groundbreaking move, OpenWeb, a prominent New York-based community engagement platform provider, has successfully acquired Jeeng, a fellow New York-based audience management platform, in a deal valued at $100 million. Strengthening User Relationships: OpenWeb’s Strategic Acquisition This strategic acquisition is set to fortify OpenWeb’s capability to establish personalized connections with millions of users across…
Portland, OR-based Boulder Care, a distinguished provider of medical treatment and ongoing support for individuals overcoming substance use disorders, has successfully raised $36 million in its Series B funding round. Forward-Thinking Investment: Qiming Venture Partners (US) Leads the Way In a significant move for Boulder Care, Qiming Venture Partners (US) spearheaded the Series B funding…
Singapore-based Merkle Science, a leading provider of a predictive crypto risk and intelligence platform, has successfully raised over $24 million in an extension of its Series A funding. Strategic Leadership: BECO Capital and K3 Ventures Lead the Way In a significant funding round, BECO Capital and K3 Ventures took the lead, signaling strong support for…
Nightfall AI, a leading cloud data loss prevention platform based in San Francisco, CA, has successfully raised $40 million in its latest Series B funding round. Powerhouse Backing: WestBridge Capital Takes the Lead In a significant move for Nightfall AI, WestBridge Capital spearheaded the Series B funding round, showcasing confidence in the platform’s potential. Noteworthy…
Policygenius, a cutting-edge tech platform headquartered in New York, has successfully secured $125 million in Series E funding, propelling its total funding to an impressive $250 million milestone. This transformative round was led by KKR, Norwest Venture Partners, and Revolution Ventures, joined by a consortium of financial powerhouses, including Brighthouse Financial, Global Atlantic Financial Group,…
ZeroNorth, a visionary maritime technology company headquartered in Copenhagen, Denmark, has successfully raised more than $50 million in Series B funding, marking a pivotal moment in its mission to propel the global trade industry towards a more sustainable future. Setting Sail with PSG Equity: Series B Funding Highlights The financing round was spearheaded by PSG…
Kyte, the San Francisco, CA-based innovator in on-demand car services for daily, weekly, or monthly use, has successfully raised an impressive $60 million in Series B growth equity financing. This funding round, led by InterAlpen Partners, marks a pivotal moment for Kyte, bringing its total funding to a substantial $300 million, encompassing both equity and…