Medal Launches Highlight AI Assistant Platform and Secures $13 Million in Funding
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Medal Launches Highlight AI Assistant Platform and Secures $13 Million in Funding

Medal, the innovative AI company behind the popular MedalTV clipping app, has launched Highlight, a groundbreaking AI assistant platform designed to revolutionize user interaction with AI models. The $13 million funding round was led by Horizons Ventures, OMERS Ventures, peak6, and Arcadia Investments, valuing the company at $333 million postmoney. Highlight aims to simplify AI…

Armada Secures $40 Million in Funding Led by M12
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Armada Secures $40 Million in Funding Led by M12

Armada, an edge computing pioneer, has raised $40 million in a funding round led by M12 (Microsofts Venture Fund), bringing its total funding to over $100 million. The funding will be used to further revolutionize edge computing and enhance operational efficiency for industries. Pradeep Nair, Founding CTO at Armada, highlighted the significant progress made by…

Asyatt. Inc. to Launch 2 Billion Yen Fundraising Effort for Luxury Hospitality Expansion
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Asyatt. Inc. to Launch 2 Billion Yen Fundraising Effort for Luxury Hospitality Expansion

Nisekobased Asyatt. Inc., specializing in luxury hospitality for Ultrahighnetworth clients, announced a 2 billion yen fundraising effort to enhance service quality and expand the Japanese luxury travel market. The decision was made at an extraordinary shareholders meeting held on May 22, 2024. Asyatt. is leveraging its expertise in maximizing tourism spending in snow resorts, including…

Almonty Industries Receives Funding for Tungsten Mine Redevelopment in South Korea
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Almonty Industries Receives Funding for Tungsten Mine Redevelopment in South Korea

Almonty Industries Inc., a mining company based in Toronto, Canada, has received funding for the redevelopment of its tungsten mine in Sangdongeup, Yeongwol county, South Korea. The company aims to revive the Sangdong Tungsten Mine, which has been closed for over 30 years, to strengthen the local economy and enhance resource security. The funding will…

Integra Resources Corp. Receives Final Installment of Funding from Wheaton Precious Metals
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Integra Resources Corp. Receives Final Installment of Funding from Wheaton Precious Metals

Integra Resources Corp. has announced the receipt of the final cash installment of US$4.875 million from Wheaton Precious Metals as part of a royalty transaction involving the DeLamar Project in Idaho. The funding will be utilized for the continued development of the DeLamar Project, including activities to support a Feasibility Study and advance the National…

Pinpoint Search Group Reports Increase in Cybersecurity Funding in Q2 2024
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Pinpoint Search Group Reports Increase in Cybersecurity Funding in Q2 2024

Pinpoint Search Group, a leading cybersecurity recruitment firm in the U.S., has released its Q2 2024 cybersecurity funding report. The report shows a rise in funding compared to the previous year, indicating a positive trend for the industry. In Q2 2024, there were 120 transactions in the cybersecurity vendor space, totaling $3.3 billion. The increase…

Orion Infrastructure Capital Closes Inaugural Infrastructure Growth Fund With $370 Million in Commitments
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Orion Infrastructure Capital Closes Inaugural Infrastructure Growth Fund With $370 Million in Commitments

Orion Infrastructure Capital has successfully concluded the fundraising of its inaugural Infrastructure Growth Fund, surpassing the initial target size of $350 million. The Fund received strong demand from existing OIC investors and new investors from Europe and North America, including insurance companies, pension funds, foundations, and family offices. The Fund has already allocated over 60%…

Dwight Capital and Dwight Mortgage Trust Finance $390.4 Million in Seniors Housing in Q2 2024
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Dwight Capital and Dwight Mortgage Trust Finance $390.4 Million in Seniors Housing in Q2 2024

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), have successfully financed $390.4 million in seniors housing during the second quarter of 2024. The notable transactions included bridge loans for skilled nursing portfolios in various states, totaling significant bed numbers. DMT provided a $142 million bridge acquisition loan for a portfolio of ten skilled…

Record High Ashare ETF Market Size Surpasses US$292 Billion in H1 2024
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Record High Ashare ETF Market Size Surpasses US$292 Billion in H1 2024

In the first half of 2024, the Ashare ETF market scaled a new record high, with the market size surpassing US$292 billion. Broadbased ETFs were the main driving force, with assets doubling from US$83 billion to over US$171 billion. This increase in market share from 41% to 59% was led by 25 fund companies launching…

QED Protocol Raises $6 Million Led by Blockchain Capital
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QED Protocol Raises $6 Million Led by Blockchain Capital

QED Protocol, a zknative execution layer for Web3 on Bitcoin, has raised $6 million in a funding round led by Blockchain Capital. The funding will be used to further QEDs mission of unlocking unparalleled performance for smart contracts, layertwo solutions, and various Web3 applications. QEDs breakthrough technology focuses on verification of zeroknowledge proofs on Bitcoin,…