McGowan Acquires Limit to Enhance AI-Driven Insurance Solutions
The McGowan Companies has acquired Limit, an AI-enabled digital wholesale insurance brokerage, to expand its technology offerings and market reach.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
The McGowan Companies has acquired Limit, an AI-enabled digital wholesale insurance brokerage, to expand its technology offerings and market reach.
Firehawk Aerospace has raised $60 million in an oversubscribed investment round led by 1789 Capital, with participation from Presto Tech Horizons, to enhance Europe's defense supply chain.
Belfort, a KU Leuven spin-off, has announced the launch of the world's first hardware accelerator for encrypted compute, alongside a $6 million seed funding round led by Vsquared Ventures.
DataBank has announced the issuance of $1.1 billion in secured notes, marking its fifth securitization since 2021 and its first for hyperscale facilities.
Signal AI has announced a $165 million investment round led by Battery Ventures to enhance its AI-driven risk and reputation intelligence platform.
Cetasol has raised €2.3 million in seed funding to enhance its AI-driven decision support platform, iHelm, aimed at improving fuel efficiency and reducing emissions for small to mid-sized vessels.
Scalekit has launched an authentication stack for AI agents and secured $5.5 million in seed funding, led by Together Fund and Z47.
Soluna Holdings has secured a $100 million credit facility from Generate Capital to expand its green data centers, focusing on AI and Bitcoin mining applications.
CleanSpark has increased its Bitcoin-backed credit facility with Coinbase Prime by $100 million to fund strategic capital expenditures.
Morse Micro has raised $59 million in a Series C funding round led by MegaChips, aiming to expand its Wi-Fi HaLow solutions globally.
Brineworks, an Amsterdam-based climate tech startup, has raised €6.8 million to scale its Direct Air Capture technology, aiming for sub-$100/ton CO2 capture.
Splash Financial has raised over $70 million in a Series C funding round, led by Grand Oaks Capital, to expand its AI-enabled lending marketplace.
Envive AI has raised $15 million in a Series A funding round led by Fuse VC to develop self-improving AI agents for digital commerce.
Distyl AI, an enterprise-focused AI consultancy, has raised $175 million in funding, elevating its valuation to $1.8 billion. The round was led by Lightspeed and Khosla Ventures.
Testkube has raised $8 million in a Series A funding round led by Ratmir Timashev and Insight Partners, aiming to improve software testing in the AI era.
Lifeguard has raised $1.3 million in seed funding from ScOp Venture Capital to enhance its AI-driven digital safety solutions.
Axon has announced its intent to acquire Prepared, an AI-driven emergency communications platform, to enhance public safety response capabilities.
RevSpring has announced its acquisition of Kyruus Health, aiming to integrate provider data and patient engagement for a seamless healthcare experience.
Hitachi has announced the acquisition of German data and AI services firm Synvert to enhance its AI-driven solutions, as stated in a press release.
Capital Rx has rebranded as Judi Health and secured $400 million in funding to enhance its AI-driven health benefits platform, according to a press release.