In a transformative move poised to reshape app development dynamics, Polish-founded startup Proofs has secured $2.6 million in a pre-seed funding round led by Earlybird Venture Capital. This strategic investment, which also includes participation from Expeditions Fund, Step Function Ventures, RTP Global, and esteemed angel investors, underscores Proofs’ pivotal role in accelerating innovation at the…
In a significant stride towards advancing enterprise and government applications of generative AI, Espoo-based startup ConfidentialMind has raised €1.5 million in a pre-seed funding round. This investment, spearheaded by Failup Ventures and complemented by participation from Angel CoFund and notable angel investors, marks a pivotal moment for the company founded just a year ago. Founded…
Quantum Innovations, a trailblazing medtech startup based in Warsaw, has successfully raised nearly €10 million (PLN 41 million) in its latest funding round dedicated to advancing cardiac surgery technology. The investment was led by Vinci IQ ASI, a fund managed by Vinci S.A., with participation from existing investor MedTech Holding. Led by renowned physician and…
PQShield, a pioneering force in post-quantum cryptography, has raised $37 million in Series B funding to advance its mission of fortifying digital security against future quantum computing threats. The investment round was led by Addition, spearheaded by Lee Fixel, with participation from new strategic investors Chevron Technology Ventures, Legal & General, and Braavos Capital, alongside…
Zerops, a cutting-edge Platform as a Service (PaaS) cloud provider, has successfully raised $500,000 in pre-seed funding to bolster its revolutionary hosting service designed for developers to effortlessly develop, deploy, and manage applications. The funding round was led by Presto Ventures and Gi21 Capital, with strategic backing from VSHosting’s global parent company, Contabo Group, a…
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…
