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[Funding News] EdgeRunner AI Raises $5.5 Million Seed Funding

EdgeRunner AI has raised $5.5M seed fundraising round to build domain-specific Generative AI compatible with any chip led by Four Rivers Group with participation from Madrona Ventures and strategic angels.

[Funding News] REMspace Secures $1 Million Seed Funding

REMspace has secured a $1 Million seed funding round, raised from lucid dreaming practitioners and enthusiasts located across Europe. Lucid dreams are vivid dreams in which people fully understand that they are dreaming and can exercise control over their dream and, under the right conditions, their waking environment.

WP Engine Acquires NitroPack

WP Engine, a global web enablement company providing premium WordPress products and solutions, announced its acquisition of NitroPack, an all-in-one SaaS solution for improving site speed and performance metrics, including Google’s Core Web Vitals.

[Funding News] TruckSmarter Secures $50 Million Debt Financing to Continue Empowering Drivers Across the Trucking Industry

TruckSmarter, a digital platform designed to assist owner-operators and trucking companies in optimizing their operations, today announced the close of a $50 million debt facility, with the option to scale to $100 million, led by CoVenture. The funding will allow TruckSmarter to continue to scale its suite of financial services to further empower truck drivers to build, manage, and grow their businesses.

[Funding News] HammerTech Secures US$70 Million Growth Investment Led by Riverwood Capital

Construction safety software company HammerTech is set to accelerate business expansion and product innovation following a US$70 million (AUD$105 million) growth investment from US-based Riverwood Capital, one of the leading investment firms solely dedicated to technology growth and scalability.

Funding Wrap of the Week | American Startups Funding Roundup | July 8 – July 12

There are a lot of American startups funding deals that are creating buzz around the startup ecosystem. These are the growth-stage and early-stage deals...

Thrive Acquires The Longleaf Network

Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, has announced the acquisition of The Longleaf Network, a leading North Carolina-based provider.

[Funding News] Accend Raises $3.2M to Reinvent Fintech Operations and Compliance Workflows

Accend has raised $3.2M in seed funding. The round was led by Adverb Ventures with participation from Y Combinator, General Catalyst, 645 Ventures, and angels from Brex, Stripe, and Carta. Accend has landed marquee customers in US and Europe including Slope, Pleo, Rho, Pliant and more.

[Funding News] Dental Innovation Alliance Invests in Alta Smiles, Bracing for Next-Generation Orthodontic Solutions

Dental Innovation Alliance (DIA), a leading venture capital firm dedicated to advancing dental technologies, announces its latest strategic investment in Alta Smiles. Alta Smiles is at the forefront of innovation in hidden orthodontics and is set to disrupt the industry with its unique approach to patient care and technology.

[Funding News] Infinite Reality Secures $350 Million Investment

Infinite Reality, an innovation company powering the next generation of digital media and ecommerce through AI and immersive technologies, today announced a $350 million minority investment from a private multi family office focused on global technology, media, and real estate, elevating the Company’s valuation to $5.1 billion.
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