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TechNews
Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment


Gamma Technologies closes strategic growth investment for multi-physics system simulation software
Gamma Technologies develops and licenses GT-SUITE, a leading multi-scale, multi-physics system simulation software.
4 min read


kWh Analytics closes on $20 million to develop insurance solutions that prevent climate change
we have insured over $3 billion of American solar power plants with our first insurance product, the Solar Revenue Put.
3 min read


Modern Electron raises $30 million to decarbonize the heating of buildings and industrial processes
The company’s next-generation technology decarbonizes buildings and industry by producing hydrogen without CO2 emissions directly where used
3 min read


Celestial AI closes on $56 million to disrupt the artificial intelligence chipset industry
Celestial AI’s mission is to transform the way computing is done with its proprietary Photonic Fabric technology that uses light.
4 min read


Boulder-based Entelligent closes financing to advance predictive climate-risk assessment platform
Entelligent’s proprietary platform utilizes climate-scenario forecasting to evaluate long-term climate risks.
4 min read


GreenTech Environmental launches new technology for the air purification industry
The new purifiers eliminate 99.98% of SARS-CoV-2, the virus that causes Covid-19, and are proven effective against odors, pollen and dust.
3 min read


UK-based causaLens raises $45 million to scale human-centered AI that understands cause and effect
causaLens’ platform has helped mitigate supply chain disruptions, navigate public health crises and discover novel biomarkers for cancer.
2 min read


Klarity closes financing for fully-automated document processing and management platform for finance
With roots at MIT and Harvard, we've built an AI-powered software that understands documents the same way humans do...
4 min read


FInTech BasicBlock closes on $78 million to reshape trucking finance and expand its payment platform
The company's mission is to help fleets get paid more quickly and increase access to affordable working capital.
3 min read


ClimateTrade raises $12 million to expand its blockchain-enabled climate marketplace
Our blockchain-backed marketplace allowed companies to offset almost 2 million tons of CO2 in 2021 alone.
2 min read


Climate-tech start-up Colossus closes on funding for solar software to fuel growth of clean energy
Colossus's driving force is to reimagine the fragmented and rapidly evolving solar marketplace through a unique portfolio of technologies.
2 min read


The warehouse robotics leader Exotec closes on $335 million to advance warehouse automation
Exotec's signature solution, The Skypod system, utilizes robots that can reach a height of 36 feet to enable high-density inventory storage.
3 min read


Purlin closes on funding and announces strategic relationship with Douglas Elliman
Purlin combines AI, Image Recognition and Natural Language Processing to Power Residential Real Estate Search and Client conversion.
4 min read


Mangata Networks closes on $33 million for its satellite/edge computing network
Using a proprietary network of satellites and terrestrial systems, Mangata is connecting people, machines, and devices across the world.
4 min read


Wyoming-based Language I/O raises $6.5 million for its multilingual customer engagement technology
Language I/O enables Fortune 500 companies to communicate with customers anywhere through proprietary machine learning technology.
3 min read


ReadyWorks closes on $8 million to grow its Digital Platform Conductor Technology to transform IT
ReadyWorks is a digital platform conductor (DPC), an emerging technology that leverages AI and intelligent automation to reduce risk.
3 min read


Coast Autonomous and Cargotec's Kalmar join to speed up the development of robotic solutions
Coast Autonomous has developed a proprietary autonomous vehicle system that includes mapping and localisation, robotics and AI.
2 min read


IT managed serviced provider Edafio Technology Partners receives strategic investment
Since 1999, Edafio has helped clients build and protect their businesses through information technology, cloud services, and cybersecurity..
2 min read


Voyant Photonics closes on $15.4 million for its key LIDAR system technology
Voyant's LiDAR chips pave the way for large-scale adoption of 3D sensing.
4 min read


Nailbiter, the leading behavioral videometrics consumer research platform raises $13.3 million
Using video and augmented reality, NAILBITER captures and converts real shopping behavior in-store and online into actionable metrics.
2 min read
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