FOSSA Systems, an innovative leader in space technology based in Madrid, has successfully closed a Series A funding round, raising €6.3 million to advance its pioneering IoT satellite constellation. This funding round was co-led by Indico Capital Partners and Nabtesco Technology Ventures, with additional participation from Newmind Venture and Sabadell Venture Capital. The investment will…
Avalor AI, a prominent software firm headquartered in Amsterdam, has triumphantly closed a seed funding round, raising €2 million led by Keen Venture Partners. The infusion of capital marks a pivotal moment for the company, poised to advance the frontiers of autonomous capabilities within military unmanned systems. At the heart of Avalor AI’s innovation lies…
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…
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…
Hamburg-based atmio, a pioneering climate tech startup, has secured €5.1 million in a seed round aimed at transforming how natural gas companies monitor and mitigate methane emissions. Led by Notion Capital with participation from SquareOne, HCVC, Robin Capital, and notable angel investors including Bernhard Mohr and David Rowan’s VOYAGERS Climate-Tech Fund, this funding marks a…
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…
MeetRecord, a pioneering Revenue Automation Platform tailored for the service sector, has announced a significant milestone with the successful closure of a $2.7 million Pre-Series A funding round. Leading the investment is SWC Global, a prominent venture capital fund based in Singapore, with additional support from existing investor All In Capital. At the heart of…
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…
Egyptian fintech startup Bokra is set to redefine wealth management in the MENA region with a pioneering platform offering goal-based investment and saving products backed by asset-backed securities. Founded on principles of inclusivity, transparency, and social responsibility, Bokra aims to empower individuals and SMEs by democratizing access to sophisticated financial tools. Scheduled for launch in…
In a groundbreaking move set to redefine Dubai’s technological landscape, Polynome Group, a leading UAE-based technology firm, has announced the launch of a visionary $100 million fund dedicated to advancing AI startups. This strategic initiative, unveiled during the prestigious AI Retreat organized by the Dubai Centre for AI Applications in collaboration with the National Programme…
