Synthflow AI, a pioneering startup specializing in AI-generated voice technology for business communications, has successfully closed a $7.4 million seed funding round. Led by Singular and supported by existing investor Atlantic Labs, alongside contributions from notable investors including the founders of Krisp AI, this funding marks a significant milestone for Synthflow AI as it accelerates…
Axelera AI, a pioneering force in AI hardware acceleration, has announced a landmark achievement with the closing of an oversubscribed $68 million Series B funding round. This significant investment, which brings Axelera AI’s total funding to $120 million, underscores its pivotal role in advancing AI technologies globally. Led by prominent investors including Invest-NL Deep Tech…
Orby AI (Orby), a trailblazer in generative AI solutions for enterprise automation, has announced the successful closure of its series A funding round, raising $30 million from prominent investors. Led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with participation from Pear VC, this funding marks a pivotal moment for Orby. The capital infusion…
In a resounding endorsement of its pioneering work in neuromorphic computing, Innatera has announced the successful closure of its oversubscribed Series A funding round, securing a substantial $21 million. This funding round, led by Innavest and InvestNL with participation from esteemed investors including EIC Fund and Matterwave Ventures, marks a pivotal moment for the Delft-based…
illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….
Stability AI, a pioneering force in generative AI technology, has announced a transformative leadership change and significant investment round. The company, known for its breakthroughs in imaging, language, code, and audio AI, has appointed Prem Akkaraju as its new Chief Executive Officer effective immediately. Concurrently, Stability AI has closed a substantial round of investment from…
Ario, the innovative AI-powered assistant tailored for parents, has announced a significant milestone with the closing of a $16 million seed funding round. This investment, led by Floodgate and supported by Wing Venture Capital, Bain Capital Ventures, Moxxie, and notable angels, marks a pivotal moment for Ario in advancing its mission to alleviate the invisible…
CData Software, a leading provider of data connectivity solutions, has announced a significant milestone in its growth journey with the securing of approximately $350 million in strategic funding. The investment round was led by Warburg Pincus, a prominent global growth investor, with participation from Accel. This infusion of capital is poised to propel CData’s leadership…
Formation Bio, a pioneering force at the intersection of technology and pharmaceuticals, has announced a landmark achievement with the closure of a $372 million Series D financing round. This funding round was led by prominent investors including a16z and Sanofi, with continued support from existing backers such as Sequoia, Thrive, Emerson Collective, and Lachy Groom,…
Zoios, a pioneering HRtech startup based in Copenhagen, has successfully raised €1 million in seed funding aimed at transforming workplace leadership through innovative AI-driven solutions. Founded in 2021 by Christian Højbo Møller and Mikkel Agesen, Zoios has quickly emerged as a key player in enhancing employee well-being and leadership performance across Scandinavian markets. The Danish…
