In a monumental step towards revitalizing the nation’s crumbling infrastructure, the Gateway Development Commission (GDC) has successfully raised a staggering $3.8 billion to advance the Gateway Program, a critical rail investment initiative poised to transform commuter and intercity services across the Northeast Corridor (NEC). As the busiest passenger rail line in the United States, the NEC sees over 2,200 train movements and serves approximately 800,000 passengers daily, making the need for improvements not just pressing, but paramount. This substantial funding will play an essential role in enhancing the resiliency of the rail network and increasing capacity in one of the country’s most vital transportation arteries. The GDC, a bi-State agency with representation from Amtrak and the States of New York and New Jersey, is at the helm of this ambitious project, which includes the much-anticipated Hudson Tunnel Project. This project will not only ensure safer and more efficient travel for millions but will also drive economic growth in the region by facilitating better connectivity and accessibility. The infusion of capital signifies both public and private sector confidence in the GDC's vision for a modernized transportation infrastructure that can meet current demands while planning for future challenges. As the GDC prepares to implement this game-changing initiative, the excitement is palpable among stakeholders and commuters alike who look forward to a transformed rail experience that prioritizes efficiency, safety, and environmental resilience.

Breaking News: Gateway Development Commission Raises $3.8 Billion for Urgent Infrastructure Project
Get the full The Gateway Development Commission company profile
Access contacts, investors, buying signals & more
Other recently funded companies
View all
SAGA PH
SAGA is a 360 Experiential Company driven by creativity and innovation to deliver unforgettable events and extraordinary experiences, mounting on-ground and online events, launching digital marketing campaigns, and producing creative content for local and international brands.
$100.0K Unknown
today

Navrachana University
Navrachana University was established through the Gujarat Private Universities Act, 2009 with the intent to offer superior education that befits the high educational standards of the Navrachana Educational Society in Vadodara. The University has embarked on a new educational paradigm that lays simultaneous emphasis on disciplinary education, inter-disciplinary education, professional education and general education. This paradigm is facilitated by the University’s unitary character and offers comprehensive learning and helps develop T-Shape students who have a breadth of knowledge though general and inter-disciplinary education and a depth of knowledge though focused disciplinary education. There are five important aspects that direct the new educational paradigm at Navrachana University: Professional education must prepare students with strong disciplinary insights needed to address the challenges confronting the professional community and inculcate a sense of lifelong learning to be successful and excel overtime. Offer interdisciplinary education that cross-fertilize learning with new ideas from desperate disciplines so collision at the fringes raise appropriate questions and create innovation. General education must inform students about the issues that arise in their lives, personally, professionally, and socially and help them to be reflective about their beliefs and choices, and their presuppositions and motivations. Make the process of learning more effective through exposure into real working conditions by practically applying knowledge and skills learned in the classroom. Invite students to work on “messy”, seemingly intractable problems through a focus on social entrepreneurship and address pressing problems in our immediate community. Disciplinary-specific entrepreneurship is being developed to create job creators who will create opportunities for themselves and for others.
$100.0K Unknown
today

Elettra Printing
Having been on the market for 40 years, Elettra Printing can offer expertise in a wide variety of Printed Communication products and services. Post-production images, executives realisation, pre-printing, color tests. Digital offset printing with 10 year experience in printing on-demand, variable data printing, binding, packaging, plastic coating. We offer high-quality mailing services, production services and offset printing quality control. We are leader in personalised products both for companies and private customers.
$100.0K Unknown
today

BEES
BEES is a global B2B digital commerce platform created by AB InBev. At BEES, our ambition is – and always will be – to make the lives of our customers easier and their businesses more profitable. Through our platform, we bring the power of digital to small and medium-sized retailers and the companies that service them, unlocking new growth opportunities for all. To learn more about how we are leading the way in transforming the businesses and livelihoods of millions, visit www.bees.com.
$100.0K Unknown
today
.png&w=3840&q=75)
Bandyer (now Kaleyra)
Bandyer is now part of Kaleyra, Inc. (NYSE American: KLR) (KLR WS), a global group providing mobile communication services to financial institutions, e-commerce players, OTTs, software companies, logistic enablers, healthcare providers, retailers, and other large organizations worldwide. Founded in 1999 as Ubiquity, merged with Solutions Infini in 2016, and rebranded as Kaleyra in 2018, the company acquired US-based Hook Mobile in 2018 and the global mobile engagement provider mGage in 2021. Later, in the same year, it acquired the Italy-based video solutions provider Bandyer. Kaleyra today has a customer base of 3800+ companies spread around the world. Through its proprietary platform and robust APIs, Kaleyra manages multi-channel integrated communication services on a global scale, consisting of messaging, rich messaging and instant messaging, push notifications, e-mail, voice services, video capabilities, and chatbots. Kaleyra’s technology makes it possible to safely and securely manage billions of messages monthly with over 1600 operator connections in more than 190 countries, including all tier-1 US carriers.
$1.4M Seed
today