November 21, 2024
Headlines

TECHNOLOGY

C12, the Quantum Computing Innovator Founded by Twin Brothers, Secures $19.4 Million in Funding

Editor04 mins

C12 (https://www.c12qe.com/), the pioneering quantum computing startup co-founded by twin brothers Pierre Desjardins and Matthieu Desjardins, has secured an €18 million funding round ($19.4 million USD) to advance its cutting-edge quantum processor technology. Established in 2020 as a spin-off from the École Normale Supérieure’s Physics Laboratory, C12 focuses on leveraging carbon nanotubes to create next-generation…

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Avaneidi Raises €8M to Advance Secure Enterprise Storage Technology and Data Security

Editor04 mins

Avaneidi, a Milan-based startup specializing in secure enterprise storage systems, has raised €8 million in a Series A funding round led by United Ventures. This investment highlights Avaneidi’s commitment to advancing solid-state storage technologies and enhancing data security, paving the way for a sustainable digital transition in industries worldwide. Avaneidi’s enterprise storage systems are built…

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atmio Secures €5.1 Million to Revolutionize Methane Emission Management for Natural Gas Industry

Editor05 mins

Hamburg-based atmio, a pioneering climate tech startup, has secured €5.1 million in a seed round aimed at transforming how natural gas companies monitor and mitigate methane emissions. Led by Notion Capital with participation from SquareOne, HCVC, Robin Capital, and notable angel investors including Bernhard Mohr and David Rowan’s VOYAGERS Climate-Tech Fund, this funding marks a…

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RTC Pioneers Transit Safety with ZeroEyes’ Innovative AI Gun Detection Technology

Editor04 mins

In a groundbreaking move for public safety, the Regional Transportation Commission of Southern Nevada (RTC) has partnered with ZeroEyes, a leader in AI-based gun detection technology, to implement wide-scale weapons detection analytics across its transit facilities. This initiative marks a significant milestone as RTC becomes the first transit agency in the United States to deploy…

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Outschool Launches Tailored Courses to Empower Homeschooling and Alternative Education

Editor03 mins

Outschool, a trailblazer in online education, launches Outschool Courses, a groundbreaking platform designed to empower homeschooling and alternative education families. This initiative underscores Outschool’s commitment to personalized learning, offering families the flexibility to curate bespoke educational experiences tailored to each learner’s unique needs. In response to a shifting educational landscape post-pandemic, Outschool conducted a survey…

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MeetRecord Secures $2.7 Million to Revolutionize Revenue Automation for Service Businesses

Editor03 mins

MeetRecord, a pioneering Revenue Automation Platform tailored for the service sector, has announced a significant milestone with the successful closure of a $2.7 million Pre-Series A funding round. Leading the investment is SWC Global, a prominent venture capital fund based in Singapore, with additional support from existing investor All In Capital. At the heart of…

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Qblox Secures $26M Series A Funding to Propel Quantum Control Stack Development

Editor04 mins

Qblox, a pioneering quantum technology firm renowned for its advanced quantum control stacks, has announced the successful closure of a $26 million Series A funding round. The investment, led by Quantonation and Invest-NL Deep Tech Fund, with participation from QDNL and the European Innovation Council (EIC), marks a significant milestone in Qblox’s journey towards advancing…

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Egyptian Fintech Startup Bokra Poised for MENA Expansion with Innovative Wealth Management Platform

Editor03 mins

Egyptian fintech startup Bokra is set to redefine wealth management in the MENA region with a pioneering platform offering goal-based investment and saving products backed by asset-backed securities. Founded on principles of inclusivity, transparency, and social responsibility, Bokra aims to empower individuals and SMEs by democratizing access to sophisticated financial tools. Scheduled for launch in…

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Zencity Raises $40 Million to Advance AI in Local Government Trust-Building Efforts

Editor05 mins

Zencity, a prominent community engagement platform serving the local government sector across four continents, has secured a significant $40 million investment in its Series C funding round led by StepStone Group. This latest infusion of capital, which includes participation from existing investor TLV Partners, brings the total raised by the company to $91 million and…

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Celcoin Secures US$125 Million Investment Led by Summit Partners to Drive Innovation in Brazilian Fintech

Editor05 mins

Celcoin, a pioneering force in the Banking as a Service (BaaS) sector of Brazil’s financial technology landscape, has announced a substantial milestone with the closing of a US$125 million investment round led by Summit Partners, a global growth equity firm. This funding round also includes participation from existing investor Innova Capital and financial technology executive…

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