QpiAI, a leading enterprise in the realm of quantum computing and generative AI, has successfully closed its first external financing round amounting to $6.5 million. This investment, led by Yournest and SIDBI Venture Capital, marks a significant milestone for the company as it accelerates the development of cutting-edge products and platforms in quantum computing and…
BillionToOne, a trailblazing molecular diagnostics company, has achieved a significant milestone by raising $130 million in its Series D funding round, marking a valuation surpassing $1 billion. This oversubscribed financing round was led by Premji Invest, with major contributions from Neuberger Berman and existing investors Adam Street Partners, Baillie Gifford, and Hummingbird Ventures, among others….
Personio, a leading provider of HR management and recruiting solutions based in Munich, has secured $12 million in Series A funding. The investment round was led by European venture capital firm Northzone, with participation from existing investors including Rocket Internet’s Global Founders Capital (GFC) and Picus Capital. This funding injection aims to propel Personio’s Software-as-a-Service…
SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…
Budapest-based Denxpert has achieved a significant milestone with a €1 million investment led by Sofia Angels Ventures, supported by Obuda Uni Venture Capital. This funding round marks a pivotal moment for the sustainability startup as it aims to scale operations internationally and meet the escalating demand for enhanced EHS & Sustainability and ESG management solutions….
Under the pioneering leadership of CEO Raquel Urtasun, Waabi has rapidly become a cornerstone in the autonomous vehicle sector, specifically in the domain of self-driving trucks. With a recent $200 million Series B funding infusion, spearheaded by Uber and Khosla Ventures, Waabi is on a trajectory to redefine logistics and transport through cutting-edge AI technologies….
Semperis, renowned for its cutting-edge identity-driven cyber resilience solutions, has made waves once again in the cybersecurity realm with a significant funding milestone. The company has successfully secured $125 million in growth financing from J.P. Morgan and Hercules Capital, aimed at fueling its relentless pursuit of innovation and global market expansion. This latest financial backing…
New York-based Materia has emerged onto the tech scene with a transformative AI platform designed specifically for public accounting firms, backed by an impressive $6.3 million investment round. Led by Spark Capital and supported by Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI, this funding is set to revolutionize…
Char.gy, a leader in UK electric vehicle (EV) infrastructure, secures €118.2 million investment to accelerate nationwide expansion of its on-street charging network. The funding, from the Charging Infrastructure Investment Fund (CIIF) managed by Zouk Capital, aims to meet the growing demand for accessible EV charging solutions, particularly for households without off-street parking. Founded in 2016,…
In a bold move to redefine the landscape of global events, Rotterdam’s own EventCHI has successfully closed a substantial seed funding round, amassing over €1.6 million. This significant investment marks a pivotal moment for the innovative startup, poised to revolutionize event experiences through the seamless integration of artificial intelligence and blockchain technologies. Founded by visionaries…
