December 26, 2024
Headlines

TECHNOLOGY

Founders Charlie Gordon (left) and Jake Gordon (right)

Nexio Secures $2.2 Million in Pre-Seed Funding to Advance Bitcoin Scalability with Innovative Parallelized Rollup Technology

Editor05 mins

Nexio, an emerging leader in Bitcoin scaling solutions, has announced a successful $2.2 million pre-seed funding round. The company aims to transform Bitcoin’s scalability and efficiency with its cutting-edge parallelized rollup technology. The investment will expedite Nexio’s development of its groundbreaking Bitcoin rollup system, designed to address key limitations in the Bitcoin ecosystem. Nexio’s innovative…

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clareme-co-founders-Emilia-Theye-and-Celina-Messner-Image-clareme

Empowering Minds: Clare&Me’s Emilia Theye and Celina Messner Raise €3.7 Million to Transform Mental Health with AI

Editor06 mins

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,…

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PHINXT Robotics Secures €2.3M in Seed Funding to Revolutionize Warehouse Automation

Editor05 mins

In a significant leap forward for warehouse automation, London-based PHINXT Robotics has successfully raised £2 million (approximately €2.32 million) in a seed funding round. The investment, led by Ada Ventures, along with contributions from George Mensah of Sure Valley Ventures and angel investor Amar Shah—co-founder of Wayve—signals a robust endorsement of PHINXT’s innovative approach to…

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Viacurrent Raises Undisclosed Amount from Rockstart and Angel Investor to Transform Employee Financial Wellness

Editor04 mins

Tallinn-based Viacurrent, a pioneering app focused on employee financial wellness, has secured a strategic investment from Amsterdam’s Rockstart, a prominent early-stage accelerator and venture capital firm. Joining the investment round is angel investor Kristjan N., though the exact funding amount remains undisclosed. Viacurrent, spearheaded by Hendrik Ojamaa, Arnold Veltmann, and Johannes Ööpik, is revolutionizing employee…

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VSParticle team

Dutch Startup VSParticle Secures €6.5M to Revolutionize Material Discovery for Sustainable Energy

Editor03 mins

Delft-based VSParticle (VSP), a trailblazer in nanoparticle synthesis, has successfully raised €6.5 million in an A2 extension round. Led by NordicNinja and Plural, with continued support from Hermann Hauser Investment, this new funding boosts VSP’s total capital to €24.5 million. Founded in 2014, VSParticle is revolutionizing material science by enabling rapid and efficient discovery of…

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ABH Optics Founders

ABH Optics Raises €1M to Pioneer World’s Thinnest Eyeglass Lenses

Editor04 mins

Copenhagen-based ABH Optics ApS, an innovative spin-off from the Technical University of Denmark (DTU), has successfully raised €1 million in a pre-seed funding round. The investment, led by High-Tech Gründerfonds (HTGF), positions the company to advance its groundbreaking work in developing the world’s thinnest and lightest eyeglass lenses. HTGF’s Senior Investment Manager, Olaf Joeressen, expressed…

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Giorgio Tinacci, Casavo’s CEO and founder

Italian Proptech Innovator Casavo Secures €20M to Propel Growth and Pursue Profitability by 2025

Editor04 mins

Casavo, the Milan-based proptech scale-up revolutionizing real estate transactions, has successfully raised €20 million in its latest funding round. This significant investment, finalized in March 2024, was spearheaded by UniCredit, with contributions from prominent investors including Exor NV, Project A Ventures, Neva SGR, and 360 Capital. The new funding, an extension of Casavo’s 2022 Series…

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Michael Berthold CEO KINME

KNIME Secures €27.5M in Funding to Enhance AI and Data Science Solutions

Editor05 mins

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…

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CEO Bert Baeck timeseer.AI

OTB Ventures Invests in Timeseer.AI, Paving the Way for Next-Gen Data Operations Innovation

Editor05 mins

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…

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Datch Bolsters Frontline Intelligence Platform with $15 Million Series A Extension

Editor07 mins

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…

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