Author: OurCrowd

[Terra CO2 in Business Wire] Terra CO2 announces additional series B funding to scale sustainable cement production

GOLDEN, Colo.–(BUSINESS WIRE)–Terra CO2 (Terra), a leading US-based low-carbon building materials company, today announced their series B funding, securing US$124.5M in new equity capital. In addition to the Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero, and Just Climate, the round included major investment from Barclays Climate Ventures. Additional strategic investors to join the round include Prologis, the global logistics leader, Cemex, an international leader in construction materials, and Siemens Financial Services, the financing arm of global technology company Siemens. In addition to the equity raise, Silicon Valley Bank, a division of First Citizens Bank, and Stifel Bank co-led the provision of a credit facility furnishing Terra additional financial flexibility. Read...

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[Air EV in PR Newswire] AIR unveils new production facility to accelerate eVTOL deliveries in response to growing demand

TEL AVIV, Israel, July 1, 2025 /PRNewswire/ — AIR, a leading OEM of midsize eVTOLs, today announced the launch of a new, state-of-the-art 32,000 square foot facility in central Israel, marking the first stage in AIR’s expanding production operations. Strategically designed to support AIR’s commitment to scalability, the facility enables the company to accelerate production and reduce delivery times. This comes as demand increases for both AIR’s uncrewed cargo eVTOL and its piloted two-seater eVTOL, which is expected to qualify as a light sport aircraft (LSA) under the FAA’s forthcoming MOSAIC rule update, enabling a faster path to market and broader accessibility. Read...

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[Eko Health in PR Newswire] CMS recognizes Eko Health’s AI-powered heart disease detection in OPPS July 2025 update, establishing payment rate for SENSORA®

SAN FRANCISCO, July 1, 2025 /PRNewswire/ — Eko Health, a leader in AI-powered cardiac and pulmonary care, announced a major step forward in expanding access to early heart disease detection. The Centers for Medicare & Medicaid Services (CMS) has included Eko’s SENSORA platform in its July 2025 provisional update to the Hospital Outpatient Prospective Payment System (OPPS). The proposed rule assigns SENSORA’s Category III CPT code to APC 5734, with a reimbursement rate of $128.90 per use. This recognition signals federal support for the clinical value of AI-enabled cardiac disease detection and paves the way for broader adoption. Read more...

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