Decentralized Infrastructure provider Intuition raises USD 4 million in seed funding
San Juan, a Puerto Rico-based decentralized infrastructure provider, Intuition Systems, raised USD 4 million in seed financing. The round took place on June 15, 2023. Superscrypt led the financing for the company. Meanwhile, Shima Capital, Avon Ventures, WW Ventures, Matrixport Ventures, Polygon Ventures, and ConsenSys joined in the financing. In addition, several other VC, DAO, and angel investors participated...
USA-based Blackbird.AI raises USD 20 million in Series B
New York, USA-based leader in AI-driven Narrative and Risk Intelligence, Blackbird.AI, raised USD 20 million in Series B. The round took place on June 14, 2023. Cybersecurity investor Ten Eleven Ventures led the financing for the company. Meanwhile, Series B saw follow-on support from existing investors Dorilton Capital, Generation Ventures StartFast Ventures and Trousdale Ventures. In addition, other investors...
USA-based Elastio raises USD 18 million in Series A financing
Virginia, the USA-based provider of a cloud-native recovery assurance platform, Elastio, raised USD 18 million in Series A financing. The round took place on June 15, 2023. Venture Guides, new investors such as Capri Ventures, and Alumni Ventures led the financing for the company. Meanwhile, existing investors Bain Capital Ventures and Uncorrelated Ventures joined in the funding. Purpose of financing...
Israel-based machine learning startup Deepchecks raises USD 14 million in seed funding
Israel's TEL AVIV, June 15, 2023 -With cooperation from Hetz Ventures and Grove Ventures, Deepchecks announced the general release of its tool for continuous machine learning validation and the receipt of $14 million in seed funding from Alpha Wave Ventures. Machine learning is revolutionizing society and generating enormous value. At a CAGR of 36%, the market is anticipated to increase...
Australia-based energy startup Sicona Batteries raises AU$22 million
Sydney, 14 June 2023. The AU$22 million in Series A capital raised by Sicona Battery Technologies ("Sicona"), will be utilised to advance the company's development objectives in both Australia and the US. Leading Australian venture capitalist Artesian, India's Himadri Speciality Chemical Ltd, and the Waratah Capital-managed Electrification & Decarbonization AIE LP fund jointly led the USD 22 million investment. The...
Virginia-based detection company Silent Push raises USD 10 million in funding
RESTON, Virginia, June 14, 2023, Ten Eleven Ventures, a leading global investor in cybersecurity, announced the launch of Silent Push, a detection-focused threat intelligence startup, with a seed investment of USD 10 million. By offering the most complete view of the world's internet-facing infrastructure currently accessible and using deep analysis to uncover new attacker infrastructure and campaigns, Silent Push employs...
Primer Declares Funding of USD 69 Million to Hasten AI-Enabled Information Advantage
June 14, 2023, SAN FRANCISCO Primer Technologies, a company specializing in AI/ML technology and AI-powered data analysis, announced a Series D round with a first close of USD 69M to hasten the delivery of dependable AI solutions for the U.S. Government and Commercial customers. Sean Moriarty, who has held top executive positions at the Leaf Group, Ticketmaster, and Metacloud,...
The Advantages of Agile Methodology in Custom Software Development
Software development methodologies are constantly evolving. The rising demand for complex applications coupled with regularly appearing new technologies drives the software development process and provides new tools for the development teams. The agile methodology is one of the most demanded options among developers from around the world. Compared to the waterfall methodology which has a 49% project success rate, agile...
Delaware-based SAAS platform ZapScale raises USD 2.5 million in seed funding
June 12, 2023, WILMINGTON, Del. The pioneer in creating the most user-friendly customer success platform, ZapScale, is excited to announce that it has raised USD 2.5 million in seed funding from renowned venture capital firms, including Blume Ventures, Veda VC, Java Capital, 100xEntrepreneurs, T2D3 Capital, Arka Venture Labs, and other notable investors. Manasij Ganguli, second-time founder and CEO of ZapScale,...
Singapore-based deep tech startup Zero-Error Systems raises USD 7.5 million in Series A funding
SINGAPORE-- Zero-Error Systems (ZES), which specializes in highly reliable semiconductor solutions for space and power management applications, has received a USD 7.5M investment in a Series A funding round that was oversubscribed. This funding, which includes the Dart Family Office and Airbus Ventures, among others, will help the company meet the rising demand for radiation protection, power reliability, and...
