Copenhagen-based ABH Optics ApS, an innovative spin-off from the Technical University of Denmark (DTU), has successfully raised €1 million in a pre-seed funding round. The investment, led by High-Tech Gründerfonds (HTGF), positions the company to advance its groundbreaking work in developing the world’s thinnest and lightest eyeglass lenses. HTGF’s Senior Investment Manager, Olaf Joeressen, expressed…
Casavo, the Milan-based proptech scale-up revolutionizing real estate transactions, has successfully raised €20 million in its latest funding round. This significant investment, finalized in March 2024, was spearheaded by UniCredit, with contributions from prominent investors including Exor NV, Project A Ventures, Neva SGR, and 360 Capital. The new funding, an extension of Casavo’s 2022 Series…
Zurich-based KNIME, a leader in open-source data science and AI, has announced a significant funding milestone. On August 6, the company revealed that it has raised $30 million (approximately €27.5 million) from its long-term investor Invus. This investment boosts Invus’s total commitment to KNIME to around $50 million (approximately €45.7 million). This latest injection of…
In a significant move underscoring the growing importance of data quality in AI-driven industries, Amsterdam-based OTB Ventures has announced a strategic investment in Timeseer.AI, an innovative data operations (DataOps) firm headquartered in Antwerp. This infusion of capital, the exact amount of which remains undisclosed, marks a pivotal step for both companies as they aim to…
Datch, a pioneer in AI technology for industrial sectors, announced today the closing of a $15 million Series A extension round led by Third Prime. This significant investment coincides with the launch of Datch’s groundbreaking new product, Asset Insights. Datch empowers frontline workers in manufacturing, energy, and utilities with cutting-edge AI solutions. Their technology addresses…
Prana Thoracic, a medical device company pioneering minimally invasive lung tissue excision, today announced the closing of a $3 million extension to its Series A financing round. The additional funding brings the total capital raised to $9 million. The oversubscribed round reflects strong investor confidence in the company’s innovative approach to addressing early-stage lung cancer. …
DC Connected Car, a pioneer in AI-driven remote vehicle diagnostics, has secured €2.1 million in seed funding. The round, led by Insurtech VC firm VENPACE, also saw participation from Borusan Ventures, Atlas Ventures, Network.VC, and existing investors APX, Bloomhaus Ventures, and Business Angels. This investment will propel DC Connected Car’s mission to transform the $500…
In a remarkable development, Bilt Rewards, the leading loyalty program for home and neighborhood transactions, has secured an additional $150 million in funding. This latest round, led by Ontario Teachers’ Pension Plan Growth (TVG) and supported by new contributors including the Vanderbilt Endowment and the University of Illinois Foundation, augments Bilt’s total funding to $50…
KNIME, a leader in open-source data science and AI, has secured an additional $30 million from longtime investor Invus, bringing the total Series B funding to $50 million. This investment will drive KNIME’s efforts to advance its enterprise-grade AI governance and ModelOps capabilities, positioning the company to meet the burgeoning demand for sophisticated data science…
Apromore, a leading innovator in AI-driven process mining, has successfully closed an additional $15 million in Series B-1 funding, extending its earlier round. This latest round, led by existing investors and featuring participation from Tin Alley Ventures—a joint venture between Tanarra Capital and the University of Melbourne—brings the total Series B funding to $25.3 million…
