Paris, renowned for its burgeoning AI startup ecosystem, is witnessing a pivotal moment as Poolside.ai prepares to raise a significant $400 million funding round, marking a transformative leap for the company and solidifying the city’s pivotal role in advancing AI technologies across Europe. Specializing in generative AI aimed squarely at enhancing software development, Poolside.ai stands…
Strathcona Resources Ltd. (TSX: SCR) has announced a groundbreaking partnership with Canada Growth Fund (“CGF”), marking a significant leap forward in the realm of carbon capture and sequestration (CCS). Under this strategic agreement, CGF, a prominent $15 billion public investment vehicle, will inject up to $1 billion into CCS infrastructure across Strathcona’s steam-assisted gravity drainage…
Brisk Teaching, an innovative leader in AI-driven educational technology, has successfully completed a $5 million Seed funding round, bringing its total funding to $6.9 million. This significant investment, led by Owl Ventures with participation from South Park Commons, Springbank Collective, Coherence Fund, and Coalition Operators, will support the company’s expansion efforts, product development, and international…
Trading Technologies International, Inc. (TT), a prominent global provider of capital markets technology platforms, proudly announced its TT platform has received the prestigious Best Algo Trading Solution award at the WatersTechnology Asia Awards 2024. The accolade, presented at a gala event in Hong Kong, marks the third major recognition this year for TT’s commitment to…
Today marks a significant milestone for Inventive as they announce their official launch alongside the successful closure of a $6.5 million seed funding round led by Wing VC. Additional contributions came from Tokyo Black and a distinguished group of angel investors, including former executives from Google and Meta. This funding is earmarked to propel Inventive’s…
Lemurian Labs, the Silicon Valley-based deep-tech startup, has successfully secured $28 million in an oversubscribed Series A funding round, including convertible securities previously raised. The substantial capital infusion is set to accelerate the deployment of Lemurian Labs‘ software-centric platform, which aims to liberate Artificial Intelligence workloads from the constraints of specific, expensive hardware. The round…
iOnctura, a pioneering biopharmaceutical company specializing in innovative cancer treatments, has secured EUR 80 million in Series B financing. This milestone funding round, led by Syncona Limited with participation from the European Innovation Council (EIC) Fund and existing investors, underscores iOnctura’s transformative strides in oncology. The investment will accelerate the development of iOnctura’s lead candidate,…
Antora Energy, a pioneering force in zero-emissions industrial heat and power solutions, has been awarded up to $14.5 million by the Department of Energy’s ARPA-E program. This funding, facilitated through the SCALEUP initiative, aims to accelerate the deployment of Antora’s innovative combined heat and power thermal battery product. Following earlier support from ARPA-E, this capital…
Navier, a San Francisco–based deep-technology startup, has raised $5.6 million in seed funding to launch what it calls the next major leap in hardware development: Agent-Driven Engineering (ADE). The round includes backing from GV (Google Ventures), HCVC, and Y Combinator, marking a strong vote of confidence from some of Silicon Valley’s most influential investors. After…
Hey Savi, the pioneering fashion search and recommendation platform, has announced a significant milestone with a £2.2 million investment to enhance its AI-driven shopping experience. Founded by Victoria Peppiatt, Angela Vinci, and Sarah Daniel, Hey Savi stands out as the second-ever fully female-founded UK technology company to secure over £2 million at the Pre-Seed stage….
