Tampa-based OPSWAT, specializing in critical infrastructure protection (CIP) cybersecurity, has acquired InQuest, renowned for it Deep File Inspection® and RetroHunting™ technologies. InQuest CEO Michael Arcamone becomes OPSWAT’s Chief Strategy Officer and VP of Federal Sales, while former InQuest CTO Pedram Amini joins as Chief Scientist.
Munich-based NewSpace supplier Dcubed raised an undisclosed amount in Series A funding led by Expansion BayBG. The funds will quadruple actuator production, pioneer in-space manufacturing, and establish a U.S. office. Dcubed, led by CEO Thomas Sinn, leverages Shape Memory technology and Origami structures for advanced space applications.
Chicago-based Intellias has acquired NorthLink Digital, a UK IT consultancy specializing in financial services and insurance. The acquisition aims to enhance Intellias’ offerings in EMEA. NorthLink, led by Graham Orrell, provides web and app development, digital design, and cybersecurity. This marks Intellias’ second acquisition in 2024.
Knoxville-based fusion power provider, Type One Energy, closed an $82.4M seed round with backers like Centaurus Capital and Breakthrough Energy Ventures. Led by CEO Christofer Mowry, the company aims to commercialize fusion energy by 2030 through its FusionDirect program, developing an optimized stellarator fusion system.
Oxford-based iotaSciences, a leader in single-cell biology handling solutions, raised an undisclosed amount in an equity funding round. Founded in 2016 and led by Dr. Michael Lutz, iotaSciences’ solutions are crucial for R&D workflows in Cell and Gene Therapy (CGT) and other applications.
Cambridge-based biotech company AIRNA has closed a $60 million financing round, bringing its total Series A funding to $90 million. Led by Forbion with new and existing investors, the funds will advance AIRNA’s lead RNA editing therapeutic into clinical trials and further develop its pipeline.
A Palo Alto-based global leader in AI governance software raise $21M in funding led by CrimsoNox Capital, Mozilla Ventures, and FPV Ventures. The company, which has now raised a total of $41.3M, plans to use the capital to expandd GTM efforts, innovate in governance intelligence, and enhance its AI governance capabilities.
San Francisco-based DocketAI, an AI revenue enablement startup, raised $15 million in Series A funding led by Mayfield and Foundation Capital. Founded by Arjun Pillai and Anoop Thomas Mathew, DocketAI uses generative AI to provide instant technical support and personalized document generation, enhancing revenue processes and productivity for sales teams.
San Francisco-based Noded secured $4 million in funding led by Boldstart Ventures, with participation from Bessemer Venture Partners, 20VC, and First Hand Ventures. Led by CEO Chris Port and CPO Steve Wood, Noded offers technology for managing tasks, notifying users of important changes, and creating knowledge graphs.
Santa Clara-based AI platform provider acquired Germany’s Raytion, an information retrieval technology company. Raytion, led by CEO Valentin Richter, offers GenAI-powered search and knowledge management for cross-enterprise data integration. Since 2001, Raytion has implemented large-scale solutions for Global 500 companies worldwide.
