In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…
In a significant leap forward for the AI audio transcription industry, Gladia has announced the successful completion of a $16 million Series A funding round. This infusion of capital will propel the company’s mission to evolve from a speech-to-text API provider to a comprehensive audio infrastructure leader, catering to diverse applications such as contact center…
In a landmark move for the financial technology landscape, Rogo, a pioneering secure enterprise AI platform tailored for finance professionals, has successfully closed an $18.5 million Series A funding round. This round, spearheaded by Khosla Ventures, also saw participation from notable investors including Mantis VC, Jack Altman (CEO of Lattice and founder of Altman Capital),…
In a significant move poised to reshape the landscape of customer data management, DinMo, a Paris-based Data Activation company, has successfully raised €5 million in funding. This investment will accelerate the development of its innovative Composable Customer Data Platform (CDP), aimed specifically at empowering mid-market businesses to leverage their customer data without the need for…
In an exciting development for eco-conscious families and LEGO enthusiasts alike, Sort A Brick, a Lithuanian startup, has successfully raised €1.15 million to enhance its innovative AI-driven LEGO brick sorting service. With plans to launch operations in Germany by 2025, the company aims to revolutionize how families reuse their old LEGO collections while contributing to…
In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…
In a significant leap forward for legal technology, Stockholm-based startup Qura has successfully raised €2.1 million in seed funding, spearheaded by Cherry Ventures and supported by industry experts, including GP Sophia Bendz, who will join Qura’s board. This fresh influx of capital aims to enhance the platform’s capabilities and expand its collection of legal data,…
Ephos, an innovative leader in glass-based photonic chip technology, has successfully secured $8.5 million in a seed funding round aimed at establishing a groundbreaking research and manufacturing facility in Milan. This initiative, supported by NATO’s Defence Innovation Accelerator (DIANA) and the European Union, marks a pivotal moment in the evolution of quantum and light-based computational…
In an impressive move that underscores the growing significance of AI in business, Phacet, a French startup specializing in personalized artificial intelligence solutions for small and medium-sized enterprises (SMEs), has successfully raised €4 million in a Seed funding round. The investment attracted a notable consortium of 148 business angels, featuring founders and executives from prominent…
In a significant stride for the deeptech landscape, AxonJay has successfully raised €1.5 million in funding to advance its innovative AI solutions. This pioneering startup is poised to transform how businesses leverage artificial intelligence, enabling decision-makers to access real-time insights with remarkable accuracy. At the heart of AxonJay’s offering is its groundbreaking Self-Machine-Learning Platform, which…
