Germany-based HMNC Brain Health raises EUR 14.3 million in funding

Munich, Germany-based clinical-stage biopharma company HMNC Brain Health raised an additional EUR 14.3 million in recent funding. The round took place on October 21, 2022. Existing investors such as Carsten Maschmeyer, the Jahr Group and Guntard Gutmann joined the financing. Meanwhile, new investors Dr Josef Ackermann (formerly CEO of Deutsche Bank), Toni Kroos (Real Madrid), Wilhelm Beier (Dermapharm) and...

Los- Angeles startup The New Computer Corporation raises USD 2.5 million in seed funding

LOS ANGELES, Oct. 19, 2022 – The New Computer Corporation (NCC), developers of decentralized application programme interfaces (dAPIs) that provide web3 infrastructure and utility, announced a USD 2.5 million initial fundraising round led by Borderless Capital today. The round was also attended by Eterna Capital, PEER, Algorand Foundation, Hivemind Ventures, Web Tree Capital, Noise DAO, Valentine Venture, Ten Ventures,...

Israel-based women’s health startup FEMSelect raises USD 9 million in Series B funding

TEL AVIV, Israel, Oct. 19, 2022—  FEMSelect, the creator of EnPlace®, a minimally invasive, meshless approach to pelvic floor ligament fixation, announced today the completion of its USD 9 million Series B funding. Robin Hood Ventures, Mid Atlantic Bio Angels (MABA), MEDA Angels, Keiretsu Forum Mid-Atlantic, RAD BioMed, Keiretsu Capital, and Transpacific Venture Partners co-led the round. New Age Ventures,...

Translation company TransPerfect acquires Hiventy Group

New York, the U.S.A-based largest provider of language and technology solutions for global business, TransPerfect, acquired Hiventy Group. The company announced the acquisition on October 18, 2022. However, the company did not unveil the financing details of the transaction. Hiventy Group is Paris, France-based media house specializing in technical audiovisual services, including post-production, localization, distribution, and film restoration. Purpose of acquisition...

U.S.A-based TSOLife closes Series A at USD 9 million 

Florida, the U.S.A-based provider of an AI-based business intelligence platform for senior living communities, TSOLife, closed its Series A round at USD 9 million. The company announced the closure on October 18, 2022.  Arnie Whitman, Executive Chairman at Formation Capital and Founding Partner of Generator Ventures, led the financing for the firm. Meanwhile, Omega Healthcare Investors and Ziegler Link-age Fund...

UI vs. UX Design: What’s the Difference?

In the world of technology, the terms "user interface" (UI) and "user experience" (UX) are commonly used (and sometimes interchangeably). However, what do the phrases themselves signify, and what does it entail to be a UX or UI designer? What’s the Difference Between Ui and UX? Without either, you cannot construct a website. Just as crucial as how the user interface...

Missouri-based health plan platform Vitori Health raises USD 30 million in additional funding

October 18, 2022, KANSAS CITY, MO — Vitori Health, a precision-built health plan solution that combines best-in-class supply chain and plan elements to provide a high-performing alternative for employers and employees, announced today an additional USD 30 million in funding from BV Investment Partners. Vitori has expanded its reach in the middle to upper markets by providing a continuum of...

California-based AI startup Kubiya raises USD 6 million in seed funding

PALO ALTO, Calif., Oct. 18, 2022 — Kubiya, the leading Conversational AI solution for DevOps teams, announced today that it has raised USD 6 million in a seed round led by Hyperwise Ventures, with investors Pierre Lamond, Giora Yaron, and others.  The funding will allow Kubiya to broaden its go-to-market strategy, expand its product offering, and ultimately redefine DevOps processes...

Singapore-based web3 social fitness startup Gritti raises USD 1.7 million in seed funding

image of sports technology

Stability AI, the world's first community-driven, open-source artificial intelligence (AI) company, announced today in London and San Francisco a USD USD 101 million funding round. Stability AI, led by Coatue, Lightspeed Venture Partners, and O'Shaughnessy Ventures LLC, will use the funding to accelerate the development of open AI models for image, language, audio, video, 3D, and other consumer and...

AI-based startup Stability AI raises USD 101 million in funding

Stability AI, the world's first community-driven, open-source artificial intelligence (AI) company, announced today in London and San Francisco a USD USD 101 million funding round. Stability AI, led by Coatue, Lightspeed Venture Partners, and O'Shaughnessy Ventures LLC, will use the funding to accelerate the development of open AI models for image, language, audio, video, 3D, and other consumer and...