Weekly Tech Pulse
From Inspectify Acquiring Aloft in Seattle Real Estate Startup Deal, To Lumen and Orbit Starcloud Securing $10M for Space Data Centers
US & International Startup & Tech News
Anagram Takes a Gamified Approach to Employee Cybersecurity Training
Anagram, a cybersecurity startup, has developed a gamified platform to enhance employee cybersecurity training. By incorporating game-like elements, the company aims to make training more engaging and effective, thereby improving organizational security postures.
Source: TechCrunch
Inspectify Acquires Aloft in Seattle Real Estate Startup Deal
Inspectify, a Seattle-based startup specializing in home inspections, has acquired Aloft, a company known for its property appraisal technology. This acquisition aims to streamline real estate transactions by integrating inspection and appraisal services, offering a more comprehensive solution to the market.
Source: GeekWire
Cambridge-Focused VC Launches Fund to Address Growth Finance Gap
A venture capital firm based in Cambridge has launched a new fund aimed at addressing the financing gap for growing companies. The fund seeks to provide necessary capital to businesses that have moved beyond the startup phase but still face challenges in securing growth funding.
Source: Forbes
Lumen and Orbit Starcloud Secure $10M for Space Data Centers
Lumen and Orbit Starcloud have jointly secured $10 million in funding to develop space-based data centers. This initiative aims to leverage the unique advantages of space environments to enhance data processing capabilities and efficiency.
Source: GeekWire
Mayor Bowser's Plan to Boost Tech Jobs and Innovation in D.C.
Washington D.C. Mayor Muriel Bowser has unveiled a comprehensive plan to stimulate tech job growth and innovation within the district. The strategy includes investments in education, infrastructure, and incentives designed to attract tech companies and talent to the area.
Source: Forbes
CarbonQuest Closes $20M Round
CarbonQuest, a company specializing in capturing carbon emissions from industrial sites, has successfully closed a $20 million funding round. The investment will support the expansion of their technology aimed at reducing the carbon footprint of heavy industries.
Source: GeekWire
LATAM Startup & Tech News
Azos Raises $30.5M Series B Led by Lightrock
Azos, a Brazilian life insurance company, has raised $30.5 million in a Series B funding round led by Lightrock. The company plans to use the funds to scale nationally, develop new products, and enhance its proprietary platform, aiming to make life insurance more accessible and affordable.
Source: LatamList
Mercado Libre Banking on Growth with US$3bn Fintech Gamble
Mercado Libre is investing $3 billion into its fintech division, aiming to expand its financial services across Latin America. This significant investment underscores the company's commitment to enhancing financial inclusion and capitalizing on the region's growing digital economy.
Source: BNAmericas
Investment Firm LaGrande Global Arrives in Colombia with US$5 Million to Support Startups
LaGrande Global, a U.S.-based investment firm, has entered the Colombian market under the leadership of founder and managing partner Christopher Leamon. The firm specializes in investment consulting, fund management, and advisory services tailored to client objectives. Managing approximately US$100 million globally, LaGrande Global made its first Colombian investment in late 2024 by contributing to Rockstart's Capital Fund, focusing on emerging technologies for Latin American startups.
Source: Valora Analitik
AI Startup Pulse Raises $3.9 Million from Nat Friedman and Daniel Gross
Pulse, a startup specializing in preparing unstructured data for machine learning models, has secured $3.9 million in funding led by Nat Friedman and Daniel Gross. Founded by Sid Manchkanti and Ritvik Pandey, Pulse offers a toolkit that transforms raw, unstructured data into formats suitable for machine learning applications, addressing the growing demand for custom AI solutions in enterprises. The company plans to use the funds to hire engineers and expand its data extraction capabilities to include audio and video formats.
Source: Buisness Insider
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