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…
Seeq Corporation, a pioneering leader in industrial analytics and AI-driven monitoring, has successfully closed a $50 million Series D funding round. The round, spearheaded by global investment firm Sixth Street Growth, boosts Seeq’s total funding to approximately $165 million. Significant participation came from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi…
Graceview, an innovative leader in AI-driven compliance solutions, has successfully closed a $1.5 million funding round. The investment, spearheaded by Singapore-based entrepreneur Patrick Linton alongside a consortium of tech founders and investors, is set to accelerate the deployment of Graceview’s advanced compliance platform. This platform integrates AI, machine learning, and legal expertise to provide precise,…
Groq, a frontrunner in the rapidly evolving field of AI inference technology, has successfully closed a $640 million Series D funding round, propelling its valuation to an impressive $2.8 billion. This substantial round was spearheaded by BlackRock Private Equity Partners, with significant contributions from Neuberger Berman, Type One Ventures, and strategic backers including Cisco Investments,…
Protect AI, a premier provider of security solutions for artificial intelligence (AI) and machine learning (ML) systems, has successfully raised $60 million in its Series B funding round. Evolution Equity Partners spearheaded this financing, with additional backing from 01 Advisors, StepStone Group, Samsung, and continued support from existing investors including Acrew Capital, boldstart ventures, Knollwood…
illumex.ai, the leading platform for structured enterprise data, proudly announces its integration into the Microsoft Copilot for Security Partner Ecosystem. This prestigious inclusion highlights illumex’s expertise with Microsoft Security technologies and its collaborative approach to enhancing security solutions. As a new partner, illumex will contribute its Generative Semantic Fabric to bolster Microsoft Copilot for Security….
