Munich-based StoryBox has secured €5.5 million in a Series A funding round, marking a significant milestone in its mission to redefine B2B video content creation through advanced AI technologies. The round was spearheaded by new investor Wille Finance, alongside participation from existing backers BayBG, High-Tech Gründerfonds (HTGF), CK Ventures, and G8 Way Ventures. The infusion…
FOSSA Systems, an innovative leader in space technology based in Madrid, has successfully closed a Series A funding round, raising €6.3 million to advance its pioneering IoT satellite constellation. This funding round was co-led by Indico Capital Partners and Nabtesco Technology Ventures, with additional participation from Newmind Venture and Sabadell Venture Capital. The investment will…
Avalor AI, a prominent software firm headquartered in Amsterdam, has triumphantly closed a seed funding round, raising €2 million led by Keen Venture Partners. The infusion of capital marks a pivotal moment for the company, poised to advance the frontiers of autonomous capabilities within military unmanned systems. At the heart of Avalor AI’s innovation lies…
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…
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…
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…
In a significant move to bolster Africa’s burgeoning tech landscape, Paris-based venture capital firm Breega has announced the first close of its $75 million “Africa Seed I” fund. This fund marks Breega’s foray outside Europe, reflecting its commitment to harnessing the continent’s immense entrepreneurial potential. Over the years, Africa has witnessed a remarkable evolution in…
London-based Copilot Capital has announced the establishment of a groundbreaking $200 million fund aimed at propelling the growth of European software startups into global leaders. Founded in partnership with The Friedkin Group’s investment division, this initiative marks a significant leap forward in fostering innovation and entrepreneurship across the continent. Copilot Capital’s mission is clear: to…
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…
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…
