March 17, 2025 - 11:46
Lumafield, an innovator in industrial X-ray computed tomography (CT) technology, has successfully completed a $75 million Series C funding round. This significant investment underscores the company's pivotal role in the realm of advanced manufacturing, particularly as the United States intensifies its efforts to regain manufacturing leadership.
The funding comes at a crucial time when businesses globally are reassessing their supply chains in light of various strategic challenges. The round was led by IVP and welcomed new investors such as G2 Venture Partners and Wellington Management. Additionally, it saw participation from existing backers including Spark Capital, DCVC, Kleiner Perkins, Lux Capital, and Matter Venture Partners.
With this influx of capital, Lumafield is poised to enhance its technological capabilities and expand its market reach, further solidifying its position in the rapidly evolving manufacturing landscape. The company's innovative solutions are expected to play a key role in shaping the future of manufacturing processes worldwide.
September 23, 2025 - 02:30
Revitalizing a Historic Airbase into a Cutting-Edge Research HubTexas A&M’s RELLIS campus has undergone a remarkable transformation, turning a World War II-era airbase into a state-of-the-art research facility, all made possible through innovative technology...
September 22, 2025 - 02:05
MIND Technology, Inc. Faces Significant Decline Amid Market ChallengesMIND Technology, Inc. shares have experienced a steep decline, plummeting 27% over the past month. This downturn follows a period of relative stability, raising concerns among investors about the...
September 21, 2025 - 01:12
The Challenges Ahead for Meta's Smart GlassesMark Zuckerberg`s recent presentation of Meta`s new smart glasses was marked by technical difficulties that cast doubt on the company`s vision for the future of augmented reality. The unveiling,...
September 20, 2025 - 12:14
Telecommunications Outage Causes Flight Disruptions in DallasA significant telecommunications outage has resulted in widespread flight cancellations and delays at Dallas-Fort Worth International Airport, impacting numerous travelers. The disruption,...