Berlin-based deeptech startup Key Ward has emerged from stealth mode with a significant boost of €1 million in pre-seed funding. This round was spearheaded by Wellstreet, a prominent Swedish venture capital firm, and saw the participation of notable figures from industry giants including Siemens, Autodesk, Dassault Systèmes, Ansys, Altair, and Hexagon. The investment marks a…
In a significant development for the data-as-a-service (DaaS) sector, Monda has successfully closed a $5 million seed funding round. The financing was spearheaded by Senovo and Acrobator Ventures, with notable participation from Techstars. The new capital will be instrumental in accelerating Monda’s expansion into the US market, scaling its partner network, and further advancing its…
Definity, a pioneering player in data application observability, has emerged from stealth with a groundbreaking platform and $4.5 million in Seed funding. The round was led by StageOne Ventures, with significant contributions from Hyde Park Venture Partners and a group of strategic angel investors. This funding will propel the general availability of Definity’s innovative Data…
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 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…
CTERA, a pioneer in hybrid cloud data management, has announced a significant milestone with the closing of an $80 million funding round led by PSG Equity, a prominent growth equity firm specializing in software and technology-enabled services. This investment, comprising both primary and secondary funding, underscores CTERA’s strategic focus on enhancing its hybrid cloud data…
DataCore Software, a trailblazer in data infrastructure and management, has marked a significant stride by raising US$60 million in a financing round spearheaded by Vistara Growth. This financing underscores DataCore’s pivotal role in reshaping data ecosystems with AI-driven advancements spanning core, edge, and cloud deployments. The infusion of capital from Vistara Growth, renowned for its…
German data management innovator, One Data, has achieved a significant milestone with a €32 million Series B extension round, co-led by prominent European deep tech and software investors Vsquared Ventures, Molten Ventures, and HV Capital. Founded in 2012, One Data specializes in AI-powered data product builders, revolutionizing how businesses create, manage, and distribute data products…
SendBlocks, a pioneering startup specializing in blockchain data management, emerges from stealth mode today with a substantial $8.2 million in seed funding. The funding round, which underscores growing investor confidence in blockchain innovation, positions SendBlocks to redefine how enterprises interact with blockchain data. SendBlocks offers a transformative platform that simplifies access to blockchain data. Designed…
Waypoint Bio, a pioneering biotechnology firm, has secured $14.5 million in seed funding led by Hummingbird Ventures, alongside Recode Ventures and Fifty Years, to advance its cutting-edge approach in developing cell therapies for solid tumors. Founded by MIT alumni Xinchen Wang and David Phizicky, Waypoint Bio harnesses in vivo spatial pooled screening technology to drive…
