In a significant step forward for wildfire management technology, OroraTech, a pioneering company utilizing thermal satellites and artificial intelligence, has successfully raised €25 million in a Series B funding round. This investment, spearheaded by Korys and the European Circular Bioeconomy Fund (ECBF), along with support from long-standing investor Bayern Kapital, aims to bolster OroraTech’s expansion…
Appian (Nasdaq: APPN), a leader in process automation software, has appointed Manuel Melles as Regional Vice President (RVP) for Partners in Central Europe. Melles will spearhead Appian’s efforts to expand partnerships and drive business growth across Germany, Austria, Switzerland (DACH), and France, focusing on delivering transformative process automation solutions to customers. With over 20 years…
In a significant development for the future of computing, German quantum computing company planqc has secured €50 million in a Series A funding round. This substantial investment, led by the European Family Office CATRON Holding and the DeepTech & Climate Fonds (DTCF), propels planqc to the forefront of the global race to develop fault-tolerant quantum…
Cognitive Credit, a pioneer in data and analytics for corporate credit markets, has successfully closed a $10 million Series B funding round in the second quarter of 2024. This latest investment was spearheaded by ETFS Capital with continued support from existing investor XTX Ventures. The infusion of capital will enable Cognitive Credit to expand its…
Nycrypto Labs, a visionary blockchain development hub, has secured $800,000 in pre-seed funding to bolster the launch of Tidus Wallet, a groundbreaking multi-chain, non-custodial platform designed to simplify and secure decentralized finance (DeFi) interactions. Led by DNA Fund and joined by Transform Ventures and notable angel investors, this funding marks a pivotal moment as Nycrypto…
Rillet, an innovative fintech firm specializing in AI-powered accounting solutions, has secured $13.5 million in a recent funding round. The investment, spearheaded by Creandum and First Round Capital, with contributions from Chad Byers of Susa Ventures, Eventbrite founder Kevin Hartz, and other prominent industry figures, marks a significant milestone in Rillet’s mission to revolutionize accounting…
Ghent-based AI startup Donna secures €1.6 million in pre-seed funding from prominent US and European investors, including Pitchdrive, Everywhere Ventures, Fortino, Syndicate One, and WeLoveFounders, alongside notable angel investors. This investment aims to bolster Donna’s team expansion and accelerate its ambitious rollout across Europe and the United States. Founded by seasoned entrepreneurs Nicolas Christiaen and…
Ramify, a cutting-edge wealth management and financial advisory platform headquartered in Paris, has announced a significant milestone with an €11 million Series A funding round. The round was led by 13books Capital, with key participation from Fidelity International Strategic Ventures and existing investors Newfund, AG2R, Crédit Agricole, and prominent business angels. This infusion of funds…
OpenFi, a pioneering London-based conversational AI platform specializing in lead generation and customer nurture, has successfully closed a pre-seed funding round totaling €585k. The investment, spearheaded by Bijan Morvaridi and supported by Fortune Green Capital Ltd and Foundation Ventures Ltd, marks a significant milestone for the company as it accelerates plans for product enhancement and…
Berlin-based B2B startup Eco.mio has raised a substantial seed funding round described as “low seven-figures,” marking a pivotal moment in its mission to revolutionize sustainable business travel practices. The financing round was led by prominent investors including IBB Ventures, Identity.vc, the Hans(wo)men Group, N&V Capital, Partners in Clime, and several individual backers. Founded in 2021,…
