Stability AI, a pioneering force in generative AI technology, has announced a transformative leadership change and significant investment round. The company, known for its breakthroughs in imaging, language, code, and audio AI, has appointed Prem Akkaraju as its new Chief Executive Officer effective immediately. Concurrently, Stability AI has closed a substantial round of investment from…
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…
In a bold bet on the backbone of clinical AI, Datamonk has locked in $1.9 million in pre‑seed funding to tackle one of healthcare’s least glamorous yet most foundational challenges: migrating, cleaning, and normalizing decades of medical imaging data. The round was led by Healthy.Capital and Nina Capital, and drew support from industry veterans Jeroen…
Switzerland’s EthonAI has emerged as a frontrunner in the AI-driven manufacturing revolution, raising CHF 15 million ($16.5 million) in a Series A funding round led by Index Ventures, alongside General Catalyst, Earlybird, and Founderful. In a world where factories are becoming smarter through advanced technologies like sensors and robotics, EthonAI stands at the forefront, harnessing…
The Altitude Group has named Stéphanie Lynch-Habib as the new Managing Director of Covage, effective September 15, 2025, succeeding Aymeric de Cardes. Covage, France’s third-largest fibre optic infrastructure provider serving the wholesale business market, is set to enter a new phase of expansion under Lynch-Habib’s leadership. Acquired by the Altitude Group in 2021, Covage stands…
Origin Robotics, a rising star in Latvia’s defence tech sector, has secured €4.5 million in funding from the European Defence Fund (EDF) to develop a revolutionary drone system equipped with laser-targeting capabilities. The grant marks a significant step forward for the Riga-based startup, which specializes in autonomous systems and precision-guided weaponry. The funding will support…
Cents, a trailblazer in business management solutions for the garment care industry, has announced the closing of a $40 million Series B funding round. This new financing brings the company’s total funding to over $77 million. The round was led by Camber Creek, with substantial participation from existing investors Bessemer Venture Partners and Tiger Global,…
In a strategic move poised to revolutionize the automotive industry, COMPREDICT, a leader in AI-powered solutions for software-defined vehicles, has announced a significant milestone with a $15 million Series B funding round. This round was led by Woven Capital, Toyota’s growth fund, marking a pivotal moment in COMPREDICT’s journey to redefine vehicle functionality through advanced…
Wallbox a trailblazer in smart electric vehicle (EV) charging and energy management solutions, has announced a significant strategic investment of $45 million. This round of funding is spearheaded by Generac Power Systems, Inc. (NYSE: GNRC), a prominent global player in energy technology, which contributes $35 million to this substantial investment. This latest infusion of capital…
Coimbra, Portugal-based Eneida has secured €10.5 million in a Series B funding round led by Junction Growth Investors, marking a significant milestone in enhancing its Neighbourhood Grid Intelligence platform for Zero Emission Neighbourhoods (ZEN). The funding round also saw participation from Santander Alternative Investments, Korys, HCapital, and the company’s founders, underscoring broad support for Eneida’s…
