Gothenburg-based Kognic, a pioneering platform specializing in data annotation for sensor-fusion, has successfully raised SEK 100 million (€8.8 million) in its latest funding round. This investment round saw support from existing backers including Metaplanet, Neudi Kapital, and Stena Sessan. Kognic, founded by engineering physicists Daniel Langkilde and Oscar Petersson in 2018, is on a trajectory…
In a notable development in the realm of workplace automation, Bardeen has announced the launch of its cutting-edge AI agent, designed specifically for business environments. This innovative tool aims to streamline repetitive tasks and integrate seamlessly with the myriad of apps used by modern enterprises. The announcement is further bolstered by a significant $3 million…
Levitate, Levitate, the acclaimed SaaS provider renowned for its ‘Happiness Platform’ tailored for relationship-driven enterprises, has successfully concluded its Series D funding round, securing $15 million. This new influx of capital, led by Harbert Growth Partners, Northwestern Mutual Future Ventures, and Bull City Venture Partners, will enable Levitate to enhance its innovative offerings and extend…
Berlin-based healthtech innovator clare&me has successfully raised €3.7 million in its latest funding round, marking a significant milestone in its mission to enhance mental health support through artificial intelligence. The round was spearheaded by Munich’s YZR Capital, with key contributions from Kodori Ventures, Material Ventures, and existing angel investors, along with early-stage investor Antler. Additionally,…
Zurich-based KNIME, a leader in open-source data science and AI, has announced a significant funding milestone. On August 6, the company revealed that it has raised $30 million (approximately €27.5 million) from its long-term investor Invus. This investment boosts Invus’s total commitment to KNIME to around $50 million (approximately €45.7 million). This latest injection of…
In a significant move underscoring the growing importance of data quality in AI-driven industries, Amsterdam-based OTB Ventures has announced a strategic investment in Timeseer.AI, an innovative data operations (DataOps) firm headquartered in Antwerp. This infusion of capital, the exact amount of which remains undisclosed, marks a pivotal step for both companies as they aim to…
Datch, a pioneer in AI technology for industrial sectors, announced today the closing of a $15 million Series A extension round led by Third Prime. This significant investment coincides with the launch of Datch’s groundbreaking new product, Asset Insights. Datch empowers frontline workers in manufacturing, energy, and utilities with cutting-edge AI solutions. Their technology addresses…
DC Connected Car, a pioneer in AI-driven remote vehicle diagnostics, has secured €2.1 million in seed funding. The round, led by Insurtech VC firm VENPACE, also saw participation from Borusan Ventures, Atlas Ventures, Network.VC, and existing investors APX, Bloomhaus Ventures, and Business Angels. This investment will propel DC Connected Car’s mission to transform the $500…
Apromore, a leading innovator in AI-driven process mining, has successfully closed an additional $15 million in Series B-1 funding, extending its earlier round. This latest round, led by existing investors and featuring participation from Tin Alley Ventures—a joint venture between Tanarra Capital and the University of Melbourne—brings the total Series B funding to $25.3 million…
Aurascape AI, an innovative cybersecurity startup designed for the AI age, has successfully closed an oversubscribed $12.8 million seed funding round. The investment was led by Mayfield Fund, with additional support from Celesta Capital, StepStone Group, AISpace, and notable industry figures including Mark McLaughlin, former Chairman and CEO of Palo Alto Networks. Aurascape AI is…
