PowerHouse Data Centers, a leading real estate developer specializing in nextgeneration hyperscale data centers, and Chirisa Technology Parks (CTP) have jointly acquired 104 acres in Chesterfield County for the development of the Digital Drive campus. This campus will feature five turnkey AIready facilities totaling over 600,000 square feet of space. The development is designed to…
Utility Global, a Houstonbased offgastovalue company, has raised $53 million in a Series C funding round led by the OPG Pension Plan and multinational steel company ArcelorMittal S.A. The funding will be used to accelerate commercialization and gotomarket strategies for Utility Globals eXERO gas production technology, aimed at hardtoabate industries such as steel, biogas to…
Torq, the AIfirst security hyperautomation leader, has announced the closing of its $70M Series C funding round. The funding will be used to expand across EMEA and APAC, hire additional engineering, R&D, and sales talent, and focus on delivering cuttingedge generative AI enhancements. Evolution Equity Partners led the funding round, with Bessemer Venture Partners, Notable…
Sceye, a leading U.S. aerospace company specializing in HighAltitude Platform Systems (HAPS), has successfully closed its Series C funding round. The round, valued at a premoney valuation of $525 million, was led by Mawarid Holding Company (Mawarid), a Saudi corporation with a presence in information and communication technology. This funding will be utilized to accelerate…
Intezer, a leader in AIpowered technology for autonomous security operations, announced the successful completion of a $33 million Series C funding round. The funding brings their total capital raised to $60 million and will enable the company to further develop its AIbased security operations solution. The investment round was led by Norwest Venture Partners, with…
Smartcat, an enterprise language AI platform, has secured $43 million in Series C funding to fuel its expansion efforts. The platform leverages AI technology to provide translation and content creation solutions to global enterprises, delivering significant ROI savings compared to traditional methods. Led by Left Lane Capital, the funding round aims to address the increasing…
Form3, a cloudnative accounttoaccount platform, has secured a total of $60m in Cseries extension funding to support its growth journey. The funding will enable Form3 to develop new products and services to cater to the increasing demand in key markets such as the UK, Europe, and the US. British Patient Capital led the funding round,…
Vesta Healthcare, a leading virtual care provider group for people with home care, has closed a $65 million Series C round with new debt financing. The funding will be utilized to further expand their services and advancements in homebased primary care, passive monitoring, and overall improvement of care in the home. The equity round was…
Codeium, an AIpowered code acceleration platform, has secured $150 million in Series C funding, raising the companys valuation to $1.25 billion and reaching Unicorn status within two years of inception. The funding will be used to accelerate the development of new features and products, contribute to company headcount growth, and invest heavily in research and…
Ohmium International, a green hydrogen company specializing in advanced Proton Exchange Membrane (PEM) electrolyzer solutions, has appointed Enakshi Singh as its new Chief Financial Officer (CFO). Singh brings over two decades of experience in strategic finance, capital raising, and M&A within hightech manufacturing to her role at Ohmium. Before joining Ohmium, Singh served as CFO…