Origin Robotics, a rising star in Latvia’s defence tech sector, has secured €4.5 million in funding from the European Defence Fund (EDF) to develop a revolutionary drone system equipped with laser-targeting capabilities. The grant marks a significant step forward for the Riga-based startup, which specializes in autonomous systems and precision-guided weaponry. The funding will support…
Ampeco, the fast-growing electric vehicle (EV) charging startup, has successfully secured $26 million in a Series B funding round led by Revaia, with contributions from existing investors including Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This latest infusion of capital brings Ampeco’s total funding to $42 million since its founding in 2019, propelling the…
Molyon, a cutting-edge battery startup emerging from the prestigious University of Cambridge, has secured a transformative $4.6 million in its first investment round. The funding, co-led by IQ Capital and Plural, marks a significant milestone in the company’s mission to unlock the potential of lithium-sulfur (Li-S) batteries. With the capital infusion, Molyon is poised to…
In an exciting development for the architecture and design industries, Gendo, the innovative AI-powered platform for architects and designers, has secured £4.3 million in Seed funding. This funding comes just four months after the company’s pre-seed round raised £855,000, marking a significant milestone for the fast-growing startup. The latest round of investment was co-led by…
In a significant move for the tech landscape targeting Generation Z, Sociaaal, a dynamic mobile app studio, has announced it has raised $4 million in financing from Braavo Capital. This funding aims to enhance their publishing capabilities, expand their app portfolio, and bolster marketing efforts for existing applications. Founded in 2022, Sociaaal has rapidly established…
Infinitus Systems, Inc., the trailblazer in automating manual healthcare phone operations, has successfully raised $51.5 million in Series C funding, spearheaded by Andreessen Horowitz. This investment round also includes participation from Memorial Hermann Health System and existing investors such as Kleiner Perkins, Coatue, and GV (Google Ventures), bringing the company’s total funding to an impressive…
In a significant move poised to reshape the Web3 landscape, Validation Cloud, a frontrunner in Web3 data and AI solutions, has announced a $10 million investment from True Global Ventures. This funding will accelerate the development of Validation Cloud’s innovative AI platform, facilitating seamless access to Web3 data and enhancing user experiences across decentralized ecosystems….
Sidero Labs, a leading software developer dedicated to streamlining the management of cloud applications, is excited to announce a $4 million investment round led by Hiro Capital with participation from the Sony Innovation Fund. This funding will accelerate Sidero Labs’ mission to deliver intuitive software solutions for managing bare metal and hybrid clusters, prioritizing security…
Neysa, an innovative leader in the AI Acceleration Cloud System space, has successfully raised $30 million in Series A funding. This significant investment, co-led by prominent investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners, follows Neysa’s impressive $20 million seed round earlier this year. This latest funding round highlights the robust confidence…
In a significant advancement for defense technology, 1st Edge, a prominent small business provider to the Department of Defense, has been awarded a substantial $35.8 million Other Transaction Authority (OTA) contract by the U.S. Army Space and Missile Defense Command (SMDC). This three-year initiative will focus on developing pioneering artificial intelligence and machine learning (AI/ML)…
