VERSES AI Inc proudly announces a transformative strategic investment of US $10 million from Group 42 Holding Ltd (G42), a pioneering UAE-based AI technology group. This partnership marks a pivotal moment for VERSES as it accelerates the development of its next-generation intelligent software systems aimed at revolutionizing cognitive computing. , expressed enthusiasm about the collaboration,…
Cadana, a trailblazing global payroll technology firm focused on emerging markets, has announced a significant milestone with the closing of a $7.4 million funding round. Led by Costanoa Ventures and supported by Better Tomorrow Ventures and 500 Startups, this investment underscores Cadana’s pivotal role in transforming payroll infrastructure across 32 countries, including Nigeria, Ghana, Brazil,…
Brightspeed, a leading fiber broadband provider committed to enhancing connectivity across the nation, has announced a significant boost in its efforts to bridge the digital divide in North Carolina. The company has secured $22.5 million in funding from the N.C. Department of Information Technology’s Division of Broadband and Digital Equity’s Completing Access to Broadband (CAB)…
SAVA, a pioneering startup at the intersection of health technology and innovation, emerges from five years of stealth to announce a significant milestone: securing over €7.4 million in a Seed funding round led by Balderton Capital and Exor Ventures. Founded by Renato Circi and Rafael Michali, bioengineers hailing from Imperial College London, SAVA introduces a…
Cambridge-based Wave Photonics has achieved a significant milestone in its journey to revolutionize deeptech with a £4.5M (€5.32M) seed funding round. Spearheaded by UK Innovation & Science Seed Fund and Cambridge Enterprise Ventures, this funding will drive the development of cutting-edge on-chip photonics designs aimed at quantum technologies, sensors, and data centers. Dr. Christine Martin,…
AquaBattery, an innovative startup born from Imperial College London, has achieved a significant milestone with a €6 million seed investment round aimed at propelling its groundbreaking flow battery technology. Co-founded by Dr. Jiajun Cen, a visionary Imperial graduate, AquaBattery focuses on developing a sustainable energy storage solution using ordinary salt water. The concept behind AquaBattery’s…
Hamburg-based DealCircle has marked a pivotal moment in its growth journey with a substantial infusion of capital from Round2 Capital, positioning itself to enhance its pioneering role in technology-driven mergers and acquisitions solutions. Founded in 2018 by entrepreneurs Kai Hesselmann and Graig Gröbli, DealCircle has navigated the competitive landscape of M&A advisory with a distinctive…
HeyGen, a pioneering AI startup based in Los Angeles, has secured $60 million in its latest funding round, valuing the company at an impressive $500 million. The round was led by Benchmark, with notable participation from Conviction, Thrive Capital, and Bond Capital. Victor Lazarte from Benchmark will be joining HeyGen’s board as part of the…
Ghent-based AI startup Donna secures €1.6 million in pre-seed funding from prominent US and European investors, including Pitchdrive, Everywhere Ventures, Fortino, Syndicate One, and WeLoveFounders, alongside notable angel investors. This investment aims to bolster Donna’s team expansion and accelerate its ambitious rollout across Europe and the United States. Founded by seasoned entrepreneurs Nicolas Christiaen and…
Paris, renowned for its burgeoning AI startup ecosystem, is witnessing a pivotal moment as Poolside.ai prepares to raise a significant $400 million funding round, marking a transformative leap for the company and solidifying the city’s pivotal role in advancing AI technologies across Europe. Specializing in generative AI aimed squarely at enhancing software development, Poolside.ai stands…
