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🔐 Galvanick Announces $10 Million in Seed Funding for Its Industrial Cybersecurity Platform

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Galvanick, MaC Venture Capital, Founders Fund

Galvanick, the cybersecurity solution for protecting industrial infrastructure against cyber attacks, today announced its $10 million seed round. Major investors included MaC Venture Capital, Founders Fund, Village Global, Countdown Capital, Hanover Technology Investment Management, Shrug Capital, 8090 Industries, and over 25 angel investors specializing in cybersecurity, manufacturing, finance, and defense. Galvanick plans to use the capital to make additional core hires, and expand use of its initial product – an industrial-first Extended Detection & Response (XDR) platform – to additional advanced manufacturing and critical infrastructure facilities.

Read more at Business Wire

Ox Raises $12.6M to Pioneer Human Centered AI to Dramatically Improve Frontline Supply Chain Operations

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Ox, BBG Ventures, MaC Venture Capital

Ox, an AI-powered technology platform for frontline operations, today announced the closing of a $12.6 million Series A round co-led by BBG Ventures and MaC Venture Capital. The round also includes participation from existing investors, Cortado Ventures, Revolution’s Rise of the Rest Seed Fund, Florida Funders, KCRise, Tech Square Labs, and Vuzix, and new investors, Atento Capital and Agya Ventures.

Ox’s leading innovation is a patented wearable device experience that features novel voice capabilities and visual-based workflows directed through artificial intelligence. The funding will be used to fuel customer expansion, scale additional use cases, and further pioneer the human centered automation category throughout frontline operations.

Read more at PRNewswire

Cambium Carbon Raises $3M in Seed Funding To Reinvent the Wood Supply Chain and Radically Reduce Carbon Emissions

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Cambium Carbon, MaC Venture Capital

Cambium Carbon PBC announced a $3.2M seed round investment this week led by MaC Venture Capital, and supported by Soma Capital, Joe Tsai (Co-Founder and Executive Vice Chairman of Alibaba), Revolution’s Rise of the Rest Seed Fund, Blue Ivy Ventures and others.

More salvageable trees fall in U.S. cities each year than in our national forests, and they’re often wasted and sent to landfills. Cambium Carbon’s SaaS platform, Traece, saves these trees by connecting them to local sawyers & millers who turn them into durable products–storing carbon for generations and funding tree planting in communities that need them most. Traece has moved $3.7M of wood to date. Real estate developers, tech companies, and furniture manufacturers have all purchased Carbon-Smart Wood™ through Cambium Carbon’s supplier network.

Read more at PR Newswire