Katara, the innovative platform at the forefront of AI-driven workflow automation, has announced a remarkable $2.2 million in seed funding. The round, spearheaded by Diagram Ventures and Sparkle Ventures, with additional support from StreamingFast and key angel investors, brings the company’s total funding to $2.6 million when including its pre-seed round. The funds will be…
Vertiv (NYSE: VRT), a leading provider of critical digital infrastructure, has announced that Stephen Liang will retire as Chief Technology Officer on January 1, 2026, after nearly 30 years of service. In his stead, Scott Armul will take on an expanded role as Chief Product and Technology Officer, merging product strategy and technical leadership. Liang…
Aereo, a leading Indian provider of drone-based business intelligence solutions, has successfully secured $15 million in a Series B funding round. This investment, led by 360 ONE Asset, will fuel Aereo’s mission to become a global leader in the drone solutions sector. Aereo’s innovative approach utilizes proprietary drone technology and AI-powered data analytics to deliver…
PayPal Ventures, the global venture capital arm of PayPal, has announced a significant additional investment in Chaos Labs, an emerging leader in onchain risk management. This move not only highlights PayPal’s faith in Chaos Labs’ innovative blockchain solutions but also underscores the growing importance of risk management in the rapidly evolving crypto landscape. Chaos Labs…
New York-based Materia has emerged onto the tech scene with a transformative AI platform designed specifically for public accounting firms, backed by an impressive $6.3 million investment round. Led by Spark Capital and supported by Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI, this funding is set to revolutionize…
Term Labs, a pioneering figure in blockchain research and development, has successfully concluded a strategic funding round, securing $5.5 million to bolster its innovative fixed-rate lending platform, Term Finance. This latest round, led by Electric Capital and supported by prominent investors including Maelstrom (Arthur Hayes) and Ava Labs Blizzard Fund, marks a significant milestone in…
In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…
In a significant move to bolster its enterprise AI offerings, Squirro, a prominent Swiss SaaS platform, has acquired Synaptica, a leading US-based provider specializing in enterprise taxonomy management and knowledge graph systems. This strategic acquisition aims to integrate Synaptica’s advanced semantic graph technology with Squirro’s cutting-edge generative AI capabilities, paving the way for enhanced knowledge…
In a landmark development for the quantum computing industry, Quantum Source has successfully closed a $50 million Series A funding round. The investment, spearheaded by Eclipse, was also supported by prominent investors including Standard Investments, Level VC, Canon Equity, as well as existing backers Pitango First, Grove Ventures, 10D, and Dell Technologies Capital. This latest…
In a significant advancement for AI governance, Vienna-based startup DAIKI GmbH has successfully raised €1.5 million in seed funding. This crucial investment aims to enhance the company’s operations across Europe and propel further product development. DAIKI is committed to empowering businesses to implement artificial intelligence responsibly, aligning with the stringent requirements of the EU AI…
