Future Techly

💥 Breaking Boundaries in Medical Innovation: Inquis Medical, Inc. Secures $40M in Series B Funding! 💡 🔎 A game-changer in medical technology is here. Inquis Medical, a Menlo Park-based leader in advanced thrombectomy systems, has raised $40 million in Series B funding to revolutionize vascular health. ✨ Who’s Behind the Funding? 🔹Lead Investor: Marshall Wace 🔹Supporting Investors: ShangBay Capital, Yu Star, EnPointe Ventures, and Pierre Lamond Dr. Andrew D. Goldberg, MD, Portfolio Manager at Marshall Wace, also joins Inquis Medical’s Board of Directors, signaling the strategic importance of this partnership. 🚀 Where Is This Funding Headed? Inquis Medical plans to: ▪️✅ Complete its pivotal IDE trial ▪️✅ Prepare for the 2025 commercial launch of the Aventus Precision Thrombectomy System™ ▪️✅ Advance its cutting-edge tissue-sensing platform 🌟 Why It Matters The Aventus Thrombectomy System™ features groundbreaking tissue-sensing technology that: 🔸Provides real-time information to operators 🔸Enhances precision and control during procedures 🔸Improves procedural efficiency while minimizing blood loss 💡 Co-founded in 2020 by visionaries Vahid Saadat and Mojgan Saadat, Inquis Medical is reimagining peripheral vascular innovations and reshaping the future of thrombectomy technology. 📢 Your Thoughts? How do you think this technology will transform the future of vascular care? 💬 Drop your insights in the comments! 🔄 Repost to spread the word about this life-saving innovation. 👥 Follow us for more updates on breakthrough medical technologies! 📆 News Month: November, 2024 🔗 Source: FinSMEs

🚀 Breaking News: Transforming the Insurance Tech Landscape! 🔥 Vertafore Acquires Surefyre to Revolutionize MGA Ecosystems! 🔥 📣 Vertafore, a Denver-based leader in connectivity solutions, just made a game-changing move by acquiring Surefyre, a San Francisco-based provider of an AI-enabled, low-code/no-code submission and underwriting platform for MGAs and wholesalers. 💡 What Makes This a Big Deal? 🔹Strategic Powerplay: The acquisition integrates Surefyre’s cutting-edge platform into Vertafore’s robust MGA ecosystem. 🔹Enhanced Efficiency: Automating workflows, optimizing operations, and improving profitability for independent agencies, MGAs, and carriers. 🔹AI Meets Insurance: Surefyre’s platform leverages AI to streamline underwriting and submission processes, delivering unprecedented productivity. 🌟 About Surefyre ▪️Founded in 2017 by Alex Bautista and Dustin Lorres. ▪️Known for its innovative cloud-based software tailored to property and casualty insurance MGAs, wholesalers, and carriers. 🌟 About Vertafore 🔸CEO: Amy Zupon. 🔸Leading the charge in end-to-end connectivity, enhancing the client and agent experience, and streamlining workflows. ❓ What’s Next? This acquisition solidifies Vertafore’s dominance in the insurance tech space. The combination of AI, low-code/no-code solutions, and seamless workflows promises to redefine how MGAs and wholesalers operate in an increasingly digital age. 📢 Join the Conversation What do you think about the impact of AI in insurance tech? How will this acquisition shape the future of MGAs and carriers? 💬 Share your thoughts in the comments! 🔄 Repost to spread the word. 👥 Follow for more industry updates! 📆 News Month: November, 2024 🔗 Source: FinSMEs

🚀 Berlin’s AI Startup Plato Raises $6.5M in Pre-Seed Funding to Transform ERP Processes in Wholesale! Is this the beginning of the end for manual ERP processes? Plato’s AI-powered platform might just rewrite the rules of wholesale operations! 💡 What Happened? Plato, based in Berlin, Germany, has successfully secured $6.5M in Pre-Seed funding, led by Cherry Ventures and joined by angel investors from Microsoft, SAP, Celonis, Personio, and Forto. 🎯 Why This Matters: Plato’s platform aims to: 🔹Automate ERP processes for wholesalers, reducing inefficiencies. 🔹Provide sales teams with insights into sales activities and opportunities. 🔹Minimize administrative overhead with workflow automation. 🚀 With this funding, Plato will: 🔸Invest in its AI team to enhance the platform's capabilities. 🔸Accelerate product development to expand its AI-powered solutions. 💡 The Bigger Picture: Founded by Benedikt Nolte, Matthias Heinrich Morales, and Oliver Birch, Plato’s vision is to integrate sales intelligence and automation, making sales teams more efficient and unlocking revenue opportunities. 📢 What Do You Think? Could Plato’s innovation spark a new wave of AI-driven ERP platforms? 💬 Share your thoughts in the comments below! 🔄 Repost to keep the conversation alive. 👥 Follow for the latest updates on AI and tech innovations. 📆 News Month: November, 2024 🔗 Source: FinSMEs

🌍 Revolutionizing Cooling: Transaera, Inc. Secures $10.5M to Combat Energy Waste in HVAC Systems! "Could this be the breakthrough the world needs for sustainable cooling?" 💡 What’s Happening? Somerville-based Transaera is making headlines with its $10.5M funding round, aimed at transforming how we cool and dehumidify our spaces. 🚀 Funding Breakdown: 🔸$8.2M in Seed-2 Funding led by Clean Energy Ventures with participation from returning investor Energy Impact Partners and new backer MassMutual Ventures. 🔹$2.3M in non-dilutive grant funding from the U.S. Department of Energy. 💼 What’s the Mission? Led by CEO Sorin Grama, Transaera is addressing the growing global energy crisis with its groundbreaking platform technology: ▪️Utilizes solid desiccants to adsorb moisture for more efficient cooling. ▪️Repurposes heat from the cooling process to dehumidify the air. ▪️Achieves 40% energy savings and nearly doubles system efficiencies – even in extreme climates! 🔧 What’s Next? The funds will accelerate their transition from pilot projects to commercial deployments and scale manufacturing efforts for wider adoption. 🔥 With the demand for sustainable HVAC solutions soaring, this innovation could reshape the global cooling industry! 📢 Your Take? 💬 Drop your thoughts on the potential of energy-efficient cooling. 🔄 Repost to share this cutting-edge innovation! 🔔 Follow me for daily updates on transformative tech. 📆 News Month: November, 2024 🔗 Source: FinSMEs

💡 Revolutionizing Loan Origination: Algebrik AI Secures $4M Series A Funding! The loan origination industry just witnessed a game-changer! Algebrik AI, a NYC-based innovator, has raised $4 million in Series A funding, taking a bold step toward redefining how credit unions, mid-tier banks, and lenders operate in the digital era. 🚀 🔍 Why It Matters: 🔹Cloud-Native & AI-Powered Platform: Algebrik AI is setting new standards in efficiency and customer engagement. ▪️Market Growth: The loan origination market is projected to hit $12.2B by 2032, growing at a 10.2% CAGR. This funding accelerates Algebrik AI’s mission to lead the charge. 🔸Leadership: Founded by Pankaj Jain, the company empowers financial institutions to attract, engage, and retain members like never before. 📊 Funding Spotlight: While the investors remain undisclosed, this Series A funding solidifies Algebrik AI's ambitions to scale development and consolidate its position in a booming market. 🚀 What’s Next? This is just the beginning! The company plans to advance its solutions to serve financial institutions of all sizes better. 📢 Your Take? What role do you think AI will play in shaping the future of lending? 💬 Share your insights below! 🔄 Don’t forget to repost to spread this exciting news! 👥 Follow for more updates on groundbreaking tech ventures. 📆 News Month: November, 2024 🔗 Source: FinSMEs

🚀 Breaking into the Future of Manufacturing with AI Vision! San Francisco-based startup Advex AI raises $3.5M in Seed funding to revolutionize manufacturing with self-healing AI Vision solutions. 💡 🔍 Here’s the inside scoop: 🔸Lead Investor: Construct Capital 🔸Additional Investors: Pear VC, Emerson Collective, Arash Ferdowsi (Dropbox Co-Founder), and Ankit Jain (CEO of Infinitus). 🤖 Why this matters: Advex is tackling a critical challenge in industrial AI: out-of-distribution generalization. By combining real-world data with synthetic datasets, their AI Vision models: ▪️Adapt to rapidly changing environments. ▪️Boost accuracy and reliability. ▪️Enable breakthroughs in industries like automotive, aerospace, and consumer electronics. 💼 Advex’s Game Plan: 🔹Expand operations and development efforts. 🔹Strengthen partnerships with NVIDIA Inception and machine vision providers. 🔹Deliver AI solutions for surface defect detection and vision-guided robotics. With cutting-edge research into diffusion models and representation learning, Advex is redefining AI's role in manufacturing. 📢 What’s your take on synthetic data shaping the future of AI in industries? 💬 Share your thoughts in the comments. 🔄 Repost to spark the conversation. 👥 Follow for daily updates on tech, startups, and sustainability news! 📆 News Month: November, 2024 🔗 Source: FinSMEs

💥 VibePay Revolutionizes Real-Time Payments with £5M Funding Boost! 💥 Big news from the heart of London! VibePay, the trailblazing real-time payment and data platform, has secured £5 million in additional funding, bringing its total to an impressive £12 million. 💸 📌 Investors at the helm? Visionary backers like Nick Candy continue to fuel VibePay’s mission to transform the way we transact and interact. But that’s not all… 📊 What’s next for VibePay? 🔹🚀 Scaling operations and business reach globally. 🔹💬 Enhancing its Channels feature, connecting users, brands, and financial institutions seamlessly for conversational commerce and banking. ⚡ Leadership Spotlight Welcome Conor Tiernan, ex-Klarna executive, as the new Head of Insights. With expertise in Open Banking and Klarna Kosma, Conor will drive VibePay's insights platform to the forefront of transactional innovation. 🌟 Coming Soon in 2024: VibePay Insights This AI-powered platform will enable businesses to: 🔸Uncover spending trends and consumer behaviors. 🔸Engage new customers within VibePay or export insights for external use. 💡 Why it matters: As a company regulated by the FCA, VibePay is setting new benchmarks for real-time payments, data-driven decision-making, and consumer engagement. 📢 Your Take? How do you see real-time payment platforms shaping the future of commerce? 💬 Drop your insights in the comments below! 🔄 Repost to spread the word. 👥 Follow for more updates tech breakthroughs. 📆 News Month: November, 2024 🔗 Source: FinSMEs

💥 Revolutionizing Data Integration: cloudsquid Raises $1M in Pre-Seed Funding! 💡 Unstructured data is everywhere, and Cloudsquid is on a mission to transform how it's managed. The Berlin-based AI-agent platform just secured $1M in Pre-Seed funding to redefine unstructured data pipelines. 🔗 Funding Partners: ✅ HTGF | High-Tech Gründerfonds ✅ BackBone Ventures ☑️ Angel investors: 🔹Reetu Kainulainen (Founder, Ultimate AI) 🔹Udi Miron (VP Product, Ultimate AI) 📌 Why This Matters: ▪️Unstructured data costs businesses time and efficiency. ▪️Cloudsquid’s platform eliminates manual data entry workflows, freeing up engineering and data teams to focus on building exceptional user experiences. 🌟 What They’re Building: 🔸An API that ingests files in any format and transforms them into structured data. 🔸Seamless integration with downstream systems like databases, ERPs, and CRMs. 🔸A solution already trusted by high-growth tech startups and established enterprises. 🚀 What’s Next? With this funding, Cloudsquid plans to: 1️⃣ Expand its engineering team. 2️⃣ Scale its core platform. 3️⃣ Launch a freemium plan by late 2024. 💭 “This is just the beginning of enabling teams to bypass data bottlenecks and focus on innovation,” said Filip Rejmus, Co-Founder (formerly of Taktile and Uber). 👀 What do you think? 📢 Will this reshape how industries handle unstructured data? 💬 Share your thoughts below! 🔄 Repost to spread the innovation. 👥 Follow for more updates on groundbreaking tech ventures! 📆 News Month: November, 2024 🔗 Source: FinSMEs

🌍 Revolutionizing Reality Data Management: Cintoo Raises €37M in Series B Funding! 🚀 Imagine managing terabytes of reality capture data in the cloud effortlessly. Now, it’s a reality! Cintoo, the France- and Miami-based leader in cloud-based reality data management, just secured €37M in Series B funding to accelerate its groundbreaking innovations for the construction and industrial sectors. 💸 Funding Details: 🔸Lead Investor: Partech 🔸Other Backers: AMAVI Capital and Armilar Venture Partners This funding will power: 🔹🛠️ Enhanced integrations for the Cintoo SaaS Platform 🔹🌐 Expansion of the Cintoo Metaverse portfolio, bringing high-fidelity as-built conditions into industrial metaverse applications. About Cintoo: Founded in 2013 and led by CEO Dominique POULIQUEN, Cintoo is transforming the way businesses handle 3D scan data. Its TurboMesh™ engine ensures users can navigate and visualize high-resolution 3D scans seamlessly—perfect for architecture, engineering, and Industry 4.0. Why It Matters: The future of architecture and industry is here, merging reality with the digital world. With this funding, Cintoo is doubling down on its mission to redefine data collaboration in the cloud and the metaverse. 📢 What’s Next? Your Turn: 💬 Let us know in the comments—how do you think cloud-based reality data will shape the future? 🔄 Share this with your network to spread the innovation! 📩 Follow for more tech and innovation updates! 📆 News Month: November, 2024 🔗 Source: FinSMEs

💥 Revolutionizing Fund Operations: fundcraft Raises €6M to Transform the Future! 💡 📊 The Luxembourg-based digital fund operations pioneer fundcraft has secured €6M in fresh funding, bringing its total raised to €11M! This milestone funding round was led by 3VC and MiddleGame Ventures, fueling the company’s ambitious plans for: ▪️🚀 Product Development ▪️💼 Talent Acquisition ▪️🌍 Geographic Expansion 🔍 Why does this matter? In an era where transparency, efficiency, and compliance are critical, fundcraft is delivering end-to-end digital fund operations to revolutionize how private equity, venture capital, and funds of funds operate. ⚙️ Key Features of fundcraft’s Platform: 🔹Centralizes fund administration. 🔹Automates regulatory compliance, reporting, and portfolio management. 🔹Enhances investor engagement with cutting-edge tools. Led by visionary CEO and Founder Julien De Mayer, alongside co-founders Olga Porro and Victor Martin Garcia, fundcraft stands out as a fully CSSF-licensed AIFM and central administrator, redefining what’s possible for asset managers globally. 📈 With the trust of 3VC and MiddleGame Ventures, the future looks bright for fundcraft! 📢 Your Thoughts? How do you see digital fund operations reshaping the asset management industry? 💬 Let’s discuss! 🔄 Repost to spread the news! 👥 Follow for more groundbreaking updates in the tech and finance space! 📆 News Month: November, 2024 🔗 Source: FinSMEs