PayPal Ventures, the global venture capital arm of PayPal, has announced a significant additional investment in Chaos Labs, an emerging leader in onchain risk management. This move not only highlights PayPal’s faith in Chaos Labs’ innovative blockchain solutions but also underscores the growing importance of risk management in the rapidly evolving crypto landscape. Chaos Labs…
In a significant leap toward revolutionizing the maritime technology landscape, HavocAI Inc., an innovator in autonomous uncrewed surface vessel (USV) technology, has successfully closed an $11 million Seed funding round. This financing was led by Scout Ventures and co-led by Trousdale Ventures, with participation from a distinguished roster of investors including Outlander VC, The Veteran…
In a bold move towards sustainable pet care, Tuggs, the innovative startup specializing in insect-based dog food, has successfully raised £1.1 million in funding from a range of institutional investors and angel backers. The fresh dog food brand combines insect proteins with meats, fish, and vegetables to create a product line that prioritizes both canine…
In a significant boost for the European and U.S. B2B startup ecosystem, Capmont Technology has announced the launch of a €100 million fund dedicated to early-stage companies addressing critical industry challenges through innovative technology solutions. This funding marks a pivotal expansion for the firm, formerly known as DI Technology, which has now raised a total…
In a significant boost for educational technology, Stimy AI has successfully raised $425,000 in Pre-Seed funding, setting the stage for its innovative math learning app aimed at supporting students worldwide. Catering to learners aged 10 to 18, the app employs cutting-edge AI technology to provide tailored assistance in math, helping users tackle homework challenges and…
Berlin-based startup SIRIUS has successfully secured $4 million in Seed funding, aimed at revolutionizing online music education. Founded in 2020, SIRIUS has emerged as a beacon for both aspiring musicians and educators, addressing the critical challenges faced by 91% of self-employed music teachers and students battling long wait times in urban areas. Traditional online music…
In a significant advancement for the electric vehicle (EV) landscape, DeepDrive, a cutting-edge electric motor technology company, has successfully raised €30 million in a Series B funding round. This round was spearheaded by Leitmotif, an independent venture capital firm dedicated to decarbonization efforts across the U.S. and Europe, with notable participation from existing investors including…
In a remarkable stride for the wine and spirits sector, Ferovinum, a pioneering funding and supply chain platform, has successfully closed an oversubscribed £17.5 million Series A funding round. Founded in 2018 by Mitchel Fowler (CEO) and Daniel Gibney (CFO), the company has established a comprehensive digital platform designed to help businesses efficiently fund, produce,…
In a significant advancement for organizational efficiency, software startup Wegrow has successfully raised €7 million in a Series A funding round. This infusion of capital will bolster Wegrow’s AI-powered platform, designed to help companies avoid the pitfalls of redundant work by facilitating the sharing and reuse of best practices across various business functions and geographical…
In a groundbreaking development for the photonics industry, Swiss startup Lightium has successfully raised $7 million in Seed funding to enhance data center performance and minimize energy consumption. Founded by esteemed researchers Dr. Amir Ghadimi, Dr. Frédéric Loizeau, and MIT professor and entrepreneur Prof. Dirk Englund, Lightium stands at the forefront of innovation as the…
