BlueQubit Inc., a California-based pioneer in quantum software, and Quantum Art Ltd., an innovative Israeli quantum hardware developer, have been awarded a prestigious grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation. This grant, valued at $2.2 million over two years, aims to advance the frontier of quantum computing by enhancing quantum machine…
In a significant leap forward for AI-driven industrial technology, UptimeAI has successfully closed a $14 million Series A funding round, spearheaded by WestBridge Capital with key contributions from Emergent Ventures and Aditya Birla Ventures. This latest infusion of capital marks a pivotal moment for UptimeAI, propelling its ambitious expansion across North America and solidifying its…
ECD Automotive Design, the premier global name in luxury Land Rover and Jaguar restorations, has announced a significant milestone in its growth journey. The company, recognized for its bespoke luxury vehicles, has secured a notable $2 million in funding from its existing investors. This infusion of capital is set to propel the company’s ambitious expansion…
Amulet, an innovator in food safety technology, has successfully raised $5.8 million in Series A financing. This round, spearheaded by HealthX Ventures, also saw participation from Incite Ventures, AllerFund, Mendota Venture Capital, Great Oaks Venture Capital, and notable individuals including Pinterest executive Julie Bornstein and investor Diede van Lamoen. The investment will propel Amulet’s mission…
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 poised to reshape Europe’s tech landscape, Balderton Capital, the London-based venture capital firm, has announced a monumental $1.3 billion (€1.1 billion) investment package. The firm will deploy this capital through its newly established Early Stage Fund IX, raising $615 million (€563 million), and Growth Fund II, which garnered $685 million (€627…
In a significant stride towards transforming battery technology, London-based magneto-electrochemistry pioneer, Gaussion, has successfully raised €11M in a Series A funding round. The round was led by Autotech Ventures, a prominent San Francisco-based venture capital firm, with continued support from existing backers BGF and the UCL Technology Fund. Managed by AlbionVC in collaboration with UCL…
AmorSui, an innovative leader in sustainable personal protective equipment (PPE), has announced the completion of a $3.5 million seed funding round. This strategic investment, led by Gold House Ventures, The MBA Fund, and The Rev Up Fund, will fuel the company’s mission to enhance the safety and environmental responsibility of medical supplies. AmorSui aims to…
Walnut Insurance, a trailblazer in the insurance distribution sector, has announced the successful closing of a $4.6 million funding round. This investment marks a significant milestone for the company, which aims to revolutionize the industry through its advanced embedded insurance technology platform. The newly acquired capital will be channeled towards scaling Walnut’s innovative solutions, expanding…
In a notable development in the realm of workplace automation, Bardeen has announced the launch of its cutting-edge AI agent, designed specifically for business environments. This innovative tool aims to streamline repetitive tasks and integrate seamlessly with the myriad of apps used by modern enterprises. The announcement is further bolstered by a significant $3 million…
