The Times Magazine

🚀 Sociaaal, a mobile app studio specializing in Gen Z, has secured $4 million in funding from Braavo Capital. CEO Patrick Stuart-Constant leads Sociaaal, which has quickly grown its portfolio to 20 apps and over 34 million downloads since its 2022 founding. The investment, spearheaded by CEO Mark Loranger of Braavo, will enable Sociaaal to enhance its publishing unit and explore new categories like self-improvement. With a focus on innovative, engaging content, Sociaaal is set for significant growth in the coming year. 📱✨ #TechNews #GenZApps #FundingNews 📱✨ #TechNews #GenZApps #FundingNews https://lnkd.in/e9bA22jd

Infinitus Systems, Inc. has raised $51.5 million in Series C funding, led by Andreessen Horowitz. Participation also came from Memorial Hermann Health System and existing investors Kleiner Perkins, Coatue, and GV (Google Ventures). CEO Ankit Jain emphasized the potential to transform administrative data exchange in healthcare. Co-founders Shyam Rajagopalan and Jain introduced FastTrack™, an AI copilot enhancing call center efficiency. With a total funding of $102.9 million, Infinitus aims to tackle critical healthcare inefficiencies. The innovative technology is set to significantly improve patient experiences. This strategic investment marks a pivotal moment in healthcare automation. Infinitus continues to lead in responsible AI deployment for the healthcare sector. https://lnkd.in/e4_5bGu8

Validation Cloud has secured a $10 million investment from True Global Ventures to advance its innovative AI solutions for Web3. With a mission to enhance access to decentralized data, the company continues to lead the charge in Web3 infrastructure. Co-Founder Alex Nwaka highlights the strategic alignment with True Global Ventures, which will add exceptional value beyond capital. Beatrice Lion CEO and General Partner of True Global Ventures, emphasizes the critical need for seamless data access to drive user adoption. This funding marks a significant milestone for Validation Cloud, which has already surpassed $1 billion in assets staked and boasts an impressive roster of clients, including Chainlink and Consensys. https://lnkd.in/eeUBNTaX

🚀 Sidero Labs, Inc., a leader in cloud application management, has successfully secured a $4 million investment round led by Hiro Capital with participation from the Sony Innovation Fund. This funding will accelerate the company’s mission to simplify Kubernetes solutions. CEO Steve Francis emphasizes the importance of this investment for enhancing product development and meeting market demands. Co-founder Andrew Rynhard highlights the growing uptake of their innovative tools, including the immutable operating system, Talos Linux, and the versatile platform, Omni. With endorsements from industry giants like Ubisoft and Nokia, Sidero Labs is poised to transform the landscape of cloud application management. https://lnkd.in/e5_ZbV8J

🚀 Neysa has successfully raised $30 million in Series A funding, co-led by prominent investors NTTVC, Z47 (fka Matrix Partners India), and Nexus Venture Partners. This significant investment underscores Neysa's mission to democratize access to generative AI solutions for enterprises across India. CEO and Co-Founder Sharad Sanghi highlighted the company's commitment to innovation, stating this funding brings them closer to their vision. With the launch of Neysa Velocis, organizations can now access high-performance computing infrastructure on demand. Investors are optimistic about Neysa's potential, with notable remarks from Vab Goel of NTTVC and Avnish Bajaj of Z47, praising the company's rapid progress and impact in the tech ecosystem. This funding marks a pivotal moment for Neysa as it continues to drive AI adoption and transformation across various sectors. 🌟 https://lnkd.in/egsHE3bd

🚀 1st Edge LLC has secured a significant $35.8 million contract with the U.S. Army Space and Missile Defense Command. This project will advance AI and machine learning innovations to enhance national defense capabilities. Co-founder Tim McCarter plays a crucial role in the company's vision, while Vice President and CTO Nathan Claburn highlights the partnership's importance for positioning 1st Edge LLC as a leader in this field. This contract underscores the vital role of small businesses in driving technological advancements in defense. #DefenseTech #Innovation #AI #1stEdge https://lnkd.in/eyetQrAn

🌟 Daiki GmbH, a Vienna-based leader in AI governance, has successfully raised €1.5 million in seed funding to enhance responsible AI deployment across Europe. Under the leadership of CEO Kevin Michael Gibney, the company offers innovative solutions for compliance with the EU AI Act. The funding, led by @Tarek SherifHumanitas GmbH, aims to expand DAIKI's market presence and product offerings. Focused on the MedTech and healthcare sectors, DAIKI is poised to transform how organizations manage AI compliance in a rapidly evolving landscape. #DAIKI #AIGovernance #Innovation https://lnkd.in/eXXTyu29

🚀 BiltOn, formerly Beti, has secured $15 million in Series B funding to elevate its construction operations and risk management software. The investment, led by PSG Equity with participation from Titan Capital and 97212 Ventures, highlights the company’s growth potential. @Jeff Wilpon, CEO of Sterling Project Development, joins the advisory board, contributing valuable industry experience. Founded by Omer Slavin and his team in 2018, BiltOn now supports over 1,200 construction companies globally, offering advanced tools for workforce management, safety, and compliance. A significant milestone for the construction sector! 🏗️💼 #BiltOn #ConstructionInnovation #FundingNews https://lnkd.in/ebChuhNM

🚀 Counsel Health Secures $11M in Seed Funding! Founded in 2023, Counsel Health is transforming healthcare access with its AI-powered, on-demand medical advice. Co-founded by Dr. Muthu Alagappan, MD, the company seeks to address the primary care shortage affecting millions of Americans. Investors backing this innovative initiative include Andreessen Horowitz @Bio + Health, Asymmetric Capital , Floodgate Fund V LP, and Pear VC. Counsel Health's approach may pave the way for a new specialty in Asynchronous Medicine. https://lnkd.in/e-Hj7M4X

🚀 Optiwise.ai has successfully secured $2.4 million in seed funding to enhance its innovative platform for Walmart Marketplace sellers. Co-founder and CEO Deepak Goyal emphasizes the potential for brands to thrive, especially during the holiday season. The newly launched AI assistant, Olivia, streamlines product listing and ad optimization, offering tailored insights to boost visibility and conversions. The funding round was led by StartupXseed Ventures LLP, highlighting investor confidence in Optiwise.ai's mission to revolutionize e-commerce. As the digital retail landscape evolves, Optiwise.ai is poised to empower brands with cutting-edge technology. https://lnkd.in/ev3M9ABh