In a strategic move aimed at fueling regional growth and innovation, Raft Capital Management has unveiled its latest €50 million investment fund. This initiative by the Vilnius-based venture capital firm is set to empower burgeoning businesses across the Baltic States, while also eyeing opportunities in the Nordic countries and Poland. Raft Capital, known for its…
SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…
Budapest-based Denxpert has achieved a significant milestone with a €1 million investment led by Sofia Angels Ventures, supported by Obuda Uni Venture Capital. This funding round marks a pivotal moment for the sustainability startup as it aims to scale operations internationally and meet the escalating demand for enhanced EHS & Sustainability and ESG management solutions….
Under the pioneering leadership of CEO Raquel Urtasun, Waabi has rapidly become a cornerstone in the autonomous vehicle sector, specifically in the domain of self-driving trucks. With a recent $200 million Series B funding infusion, spearheaded by Uber and Khosla Ventures, Waabi is on a trajectory to redefine logistics and transport through cutting-edge AI technologies….
Semperis, renowned for its cutting-edge identity-driven cyber resilience solutions, has made waves once again in the cybersecurity realm with a significant funding milestone. The company has successfully secured $125 million in growth financing from J.P. Morgan and Hercules Capital, aimed at fueling its relentless pursuit of innovation and global market expansion. This latest financial backing…
New York-based Materia has emerged onto the tech scene with a transformative AI platform designed specifically for public accounting firms, backed by an impressive $6.3 million investment round. Led by Spark Capital and supported by Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI, this funding is set to revolutionize…
Char.gy, a leader in UK electric vehicle (EV) infrastructure, secures €118.2 million investment to accelerate nationwide expansion of its on-street charging network. The funding, from the Charging Infrastructure Investment Fund (CIIF) managed by Zouk Capital, aims to meet the growing demand for accessible EV charging solutions, particularly for households without off-street parking. Founded in 2016,…
In a bold move to redefine the landscape of global events, Rotterdam’s own EventCHI has successfully closed a substantial seed funding round, amassing over €1.6 million. This significant investment marks a pivotal moment for the innovative startup, poised to revolutionize event experiences through the seamless integration of artificial intelligence and blockchain technologies. Founded by visionaries…
Nebul, a pioneering force in sovereign-hybrid cloud solutions based in Amsterdam, has announced a significant milestone in its journey with a €20M investment from BeStacking. This funding round, spearheaded by seasoned founders dedicated to fostering transformative IT ventures across Europe, marks a pivotal moment for Nebul’s expansion strategy. Founded in 2022 under the leadership of…
Longeveron Inc, a leading biotechnology company specializing in regenerative medicine, has successfully raised $4.4 million through a warrant exercise transaction aimed at accelerating its innovative cellular therapies. This funding initiative, overseen by H.C. Wainwright & Co. as the exclusive placement agent, marks a pivotal step in Longeveron’s mission to combat rare and chronic aging-related conditions….
