February 26, 2025
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News

C12, the Quantum Computing Innovator Founded by Twin Brothers, Secures $19.4 Million in Funding

Editor04 mins

C12 (https://www.c12qe.com/), the pioneering quantum computing startup co-founded by twin brothers Pierre Desjardins and Matthieu Desjardins, has secured an €18 million funding round ($19.4 million USD) to advance its cutting-edge quantum processor technology. Established in 2020 as a spin-off from the École Normale Supérieure’s Physics Laboratory, C12 focuses on leveraging carbon nanotubes to create next-generation…

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Avaneidi Raises €8M to Advance Secure Enterprise Storage Technology and Data Security

Editor04 mins

Avaneidi, a Milan-based startup specializing in secure enterprise storage systems, has raised €8 million in a Series A funding round led by United Ventures. This investment highlights Avaneidi’s commitment to advancing solid-state storage technologies and enhancing data security, paving the way for a sustainable digital transition in industries worldwide. Avaneidi’s enterprise storage systems are built…

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Breega Ventures Into Africa with $75M Fund to Fuel Early-Stage Startups

Editor05 mins

In a significant move to bolster Africa’s burgeoning tech landscape, Paris-based venture capital firm Breega has announced the first close of its $75 million “Africa Seed I” fund. This fund marks Breega’s foray outside Europe, reflecting its commitment to harnessing the continent’s immense entrepreneurial potential. Over the years, Africa has witnessed a remarkable evolution in…

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RTC Pioneers Transit Safety with ZeroEyes’ Innovative AI Gun Detection Technology

Editor04 mins

In a groundbreaking move for public safety, the Regional Transportation Commission of Southern Nevada (RTC) has partnered with ZeroEyes, a leader in AI-based gun detection technology, to implement wide-scale weapons detection analytics across its transit facilities. This initiative marks a significant milestone as RTC becomes the first transit agency in the United States to deploy…

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Outschool Launches Tailored Courses to Empower Homeschooling and Alternative Education

Editor03 mins

Outschool, a trailblazer in online education, launches Outschool Courses, a groundbreaking platform designed to empower homeschooling and alternative education families. This initiative underscores Outschool’s commitment to personalized learning, offering families the flexibility to curate bespoke educational experiences tailored to each learner’s unique needs. In response to a shifting educational landscape post-pandemic, Outschool conducted a survey…

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Qblox Secures $26M Series A Funding to Propel Quantum Control Stack Development

Editor04 mins

Qblox, a pioneering quantum technology firm renowned for its advanced quantum control stacks, has announced the successful closure of a $26 million Series A funding round. The investment, led by Quantonation and Invest-NL Deep Tech Fund, with participation from QDNL and the European Innovation Council (EIC), marks a significant milestone in Qblox’s journey towards advancing…

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iOnctura Raises EUR 80 Million to Propel Groundbreaking Cancer Treatments

Editor02 mins

iOnctura, a pioneering biopharmaceutical company specializing in innovative cancer treatments, has secured EUR 80 million in Series B financing. This milestone funding round, led by Syncona Limited with participation from the European Innovation Council (EIC) Fund and existing investors, underscores iOnctura’s transformative strides in oncology. The investment will accelerate the development of iOnctura’s lead candidate,…

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Saudi Arabia Surpasses China as Leading Emerging-Market Bond Issuer

Editor04 mins

In a significant shift of financial tides, Saudi Arabia has emerged as the foremost issuer of international debt among emerging markets, displacing China from its long-held position. This milestone marks the culmination of the kingdom’s accelerated global borrowing campaign, bolstered by investor confidence in Crown Prince Mohammed bin Salman’s transformative Vision 2030 initiative. Data from…

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Arcadia Finance Launches New Litigation Funding Firm, Secures $100M Investment

Editor03 mins

Arcadia Finance, a pioneering litigation funding firm specializing in commercial litigation and arbitration, announced its official launch today with a robust commitment of over $100 million in investment capital. Founded by seasoned veterans David Kerstein, Ronit Cohen, and Joshua Libling, Arcadia aims to revolutionize the legal financing landscape with customized solutions and extensive industry experience….

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Celcoin Secures US$125 Million Investment Led by Summit Partners to Drive Innovation in Brazilian Fintech

Editor05 mins

Celcoin, a pioneering force in the Banking as a Service (BaaS) sector of Brazil’s financial technology landscape, has announced a substantial milestone with the closing of a US$125 million investment round led by Summit Partners, a global growth equity firm. This funding round also includes participation from existing investor Innova Capital and financial technology executive…

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