Weekly Tech Pulse
From OpenTug Securing $2.2M to Enhance Maritime Logistics Platform to Gierd Landing $8M to Help Brands Bolster E-Commerce Business on Marketplaces.
US & International Startup & Tech News
OpenTug Secures $2.2M to Enhance Maritime Logistics Platform
OpenTug, a startup focused on streamlining maritime logistics, has raised $2.2 million in funding to expand its platform that connects shippers with maritime transport options, aiming to improve efficiency in the shipping industry.
Source: Geek Wire
Temporal Lands $146 Million to Expand Agentic AI Capabilities
Temporal, a company specializing in durable execution systems, has secured $146 million in funding to further develop its agentic AI technologies, which aim to enhance the reliability and scalability of complex software applications.
Source: Tech Crunch
Gierd Lands $8M to Help Brands Bolster E-Commerce Business on Marketplaces
Gierd, an Idaho-based startup, has secured $8 million in funding to assist brands in enhancing their e-commerce presence across various online marketplaces, focusing on optimizing sales strategies and operations.
Source: Geek Wire
Isomorphic Labs Raises $600M for AI-Driven Drug Discovery
Isomorphic Labs, an AI-driven drug discovery startup spun out of Google's DeepMind, has raised $600 million in its first external funding round led by Thrive Capital, with participation from GV and Alphabet. The investment aims to accelerate research and development, expand the team, and advance their AI drug design engine, with the goal of having AI-designed drugs in clinical trials by the end of the year.
Source: Crunchbase
Mark Cuban Backs Skylight, a TikTok Alternative Built on Bluesky's Underlying Technology
Skylight, a new social media platform positioned as an alternative to TikTok and built on Bluesky's decentralized technology, has received investment from Mark Cuban to support its development and market entry.
Source: Tech Crunch
LATAM Startup & Tech News
Ahorra Fácil Receives $400,000 Through Co-Investment Program and Plans International Expansion
Uruguayan startup Ahorra Fácil has secured $400,000 via a co-investment program, intending to use the funds to initiate its international expansion and enhance its financial savings platform.
Source: El Observador
Argentine Fintech N5 Raises $20 Million to Accelerate Its AI Innovation
N5, an Argentine fintech company, has raised $20 million in funding to accelerate its artificial intelligence innovations aimed at improving financial services and customer experiences.
Source: Contxto
Festpay, High-Traffic Payment Fintech, Raises $3M to Facilitate Financial Support for Students in Brazil
Brazilian fintech Festpay has raised $3 million to enhance its high-traffic payment solutions, aiming to facilitate financial support and services for students across Brazil.
Source: Latam Fintech
WildSur and Petra Invest $5M in Karün
WildSur and Petra, family offices of the LerÃa Luksic and Gabriela Luksic families, have completed a $5 million capital increase in Karün, a company dedicated to sustainable eyewear made from recycled materials. This investment aims to support Karün's expansion and reinforce its commitment to environmental responsibility.
Source: Diario Financiero
Mendel Raises $35M in Series B Funding for Expense and Travel Management Platform
Mendel, a startup focused on improving corporate expense and travel management in Latin America, has secured $35 million in a Series B funding round. The investment will be used to enhance their platform, aiming to provide businesses with more efficient tools for managing expenses and corporate travel.
Source: Dimension Turistica
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