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LakeFusion raises $7.5M to boost AI-ready master data management on Databricks platform

Others
03 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

LakeFusion secured $7.5 million in seed funding led by Silverton Partners to expand its AI-powered Master Data Management (MDM) platform built natively on Databricks. The platform helps enterprises unify and govern fragmented master data across systems without moving data, improving data trust and AI readiness. With rising demand in sectors like healthcare and finance, the funding will accelerate product development and sales growth. LakeFusion aims to solve data quality issues that hinder AI performance by creating a single source of truth directly within the Databricks lakehouse environment.

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Alvotech prices $152M share offering in US and Europe to fund biotech drug development.

Alvotech prices $152M share offering in US and Europe to fund biotech drug development.

Alvotech announced pricing and allocation of a $152 million public share offering in the US and a concurrent private placement in Europe at $3.75 per share. The company expects total proceeds up to $165 million if underwriters exercise their full opt...

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Alvotech announced a $152 million public offering and concurrent private placement of ordinary shares priced at $3.75 each. The public offering includes 22.7 million shares, with an option for underwriters to buy an additional 3.4 million shares. The...

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