UK-based Intelligent Core, led by CEO Tom Greenlees, has raised £2 million in a funding round spearheaded by Fuel Ventures, with additional participation from Plug & Play Tech Centre and Helion Partners. This follows a £500k seed round earlier this year. Intelligent Core is deploying AI to transform vital industrial sectors—including energy, oil and gas,…
S&P Global has announced the appointment of Martina L. Cheung as President and Chief Executive Officer, effective November 1, 2024. Ms. Cheung, currently serving as President of S&P Global Ratings, will succeed Douglas L. Peterson, who will retire after a distinguished tenure. Martina L. Cheung brings a wealth of experience and leadership to her new…
gaiia, the innovative operating system tailored for Internet Service Providers (ISPs), has announced a successful Series A funding round, raising US$13.2 million. The investment was led by Inovia Capital, with participation from GTMfund, General Advance, Simon De Baene, Manon Brouillette (ex-CEO of Videotron and Verizon Consumer Group), and existing investor YCombinator. This funding infusion will…
Chai Discovery, an artificial intelligence–driven biotechnology company focused on molecular design, has announced a $130 million Series B funding round, marking a major milestone in its effort to reengineer how drugs are discovered and developed. The financing values Chai Discovery at $1.3 billion and was co-led by Oak HC/FT and General Catalyst. The latest round…
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…
In a significant leap forward for the tech landscape, Platformatic, the innovative Italian startup specializing in cloud-native Node.js application solutions, has successfully raised $4.3 million in its latest seed funding round. This funding will empower the company to enhance its offerings and address the multifaceted challenges associated with backend development in distributed systems. Node.js has…
Spring Labs, renowned for pioneering intelligent solutions in financial services, unveils Raia, an innovative AI copilot set to redefine customer service standards within the fintech industry. Developed by seasoned fintech entrepreneurs, Raia leverages generative AI to empower fintech firms with unparalleled capabilities, enhancing customer interactions and operational efficiency. In today’s dynamic financial landscape, where consumer…
HR-tech startup Pack has secured €5.8 million in a Series A funding round, signalling a strategic push for international growth and accelerated development of its AI-driven people-management platform. The financing comes in two tranches — an initial €3.5 M led by investor Rialto VC in September 2025, followed by a second tranche involving U.S.-based Acadian…
SAVA, a pioneering startup at the intersection of health technology and innovation, emerges from five years of stealth to announce a significant milestone: securing over €7.4 million in a Seed funding round led by Balderton Capital and Exor Ventures. Founded by Renato Circi and Rafael Michali, bioengineers hailing from Imperial College London, SAVA introduces a…
Milan-based IdentifAI, a pioneering startup focused on identifying and mitigating deepfake content through cutting-edge technology, has announced a successful seed funding round, raising €2.2 million. This significant investment will fuel the company’s mission to develop sophisticated generative models that distinguish between human-created and AI-generated content. The funding round, led by United Ventures, a venture capital…
