Retail-automation startup Duvo.ai has raised $15 million in seed financing to scale its AI-powered operational workforce, a system designed to automate workflows across SAP, legacy portals, email, spreadsheets and even phone calls — cutting manual tasks for retailers by up to 40% within weeks. The investment was led by Index Ventures, with participation from Credo…
In a landmark moment for Scotland’s burgeoning biotech scene, uFraction8, a trailblazing engineering firm based in Falkirk, has clinched a £3.4 million investment to propel its cutting-edge microfiltration technology onto the global stage. The funding round, spearheaded by the visionary Foresight Group, marks a resounding vote of confidence in uFraction8‘s mission to revolutionize bioprocessing with…
Heidi, the innovative Bristol-based ski holiday booking platform, has raised a staggering £5.6 million in its latest funding round, solidifying its position as a frontrunner in the UK’s ski travel sector. Founded in 2018 by brothers Marcus and Alexander Blunt, Heidi has swiftly carved out a niche by offering unparalleled flexibility and choice to winter…
In the evolving landscape of sales and customer service, where artificial intelligence increasingly reshapes human interactions, one startup is gaining decisive momentum. Second Nature, a dynamic AI-powered training platform, has secured $22 million in a Series B funding round, signaling strong investor confidence in its vision to revolutionize how sales and service teams prepare for…
VERSES AI Inc proudly announces a transformative strategic investment of US $10 million from Group 42 Holding Ltd (G42), a pioneering UAE-based AI technology group. This partnership marks a pivotal moment for VERSES as it accelerates the development of its next-generation intelligent software systems aimed at revolutionizing cognitive computing. , expressed enthusiasm about the collaboration,…
Sling Money, an innovative fintech company specializing in crypto-enabled money transfers, has successfully completed a €13.6 million ($15 million) Series A funding round. This significant investment was spearheaded by leading venture capital firms Union Square Ventures, Ribbit Capital, and Slow Ventures. The funding will be instrumental in advancing Sling Money’s mission to make international money…
Ephos, an innovative leader in glass-based photonic chip technology, has successfully secured $8.5 million in a seed funding round aimed at establishing a groundbreaking research and manufacturing facility in Milan. This initiative, supported by NATO’s Defence Innovation Accelerator (DIANA) and the European Union, marks a pivotal moment in the evolution of quantum and light-based computational…
Hive Technologies, a pioneering force in commerce operations, has successfully raised €28.2 million in a Series A extension, marking a significant milestone in its mission to redefine how brands manage their operations across Europe. Founded in 2020, Hive Technologies has swiftly garnered attention for its advanced platform that seamlessly integrates with existing retail frameworks, automating…
Subaru of America, Inc. (SOA) has appointed three new executives to its leadership team: Aurelian Sin as Vice President and Chief Information Officer (CIO), Tim Stallings as Vice President of Retailer Development, and Theresa Zohlman as Vice President and Chief Financial Officer (CFO). Aurelian Sin, formerly Vice President of IT at Tenneco, brings extensive global…
Polarean Imaging , a pioneering leader in advanced Magnetic Resonance Imaging (MRI) for pulmonary applications, has successfully concluded a significant $12.6 million financing round through the Alternative Investment Market (AIM) of the London Stock Exchange. The oversubscribed fundraise, co-led by strategic investors NUKEM Isotopes GmbH and Bracco S.p.A., alongside a consortium of new and existing…
