The Hague-based technology incubator, Sostark, known for pioneering wireless technology solutions, has successfully raised €2 million in a seed funding round led by Summus Fund, a Luxembourg-based firm specializing in early-stage investments. This investment marks a significant milestone for Sostark, enabling it to further enhance its capabilities in developing high-volume wireless solutions tailored for industrial…
In a significant move underscoring the growing importance of data quality in AI-driven industries, Amsterdam-based OTB Ventures has announced a strategic investment in Timeseer.AI, an innovative data operations (DataOps) firm headquartered in Antwerp. This infusion of capital, the exact amount of which remains undisclosed, marks a pivotal step for both companies as they aim to…
In an era when hospitals feel perpetually stretched, Brook.ai has quietly begun to reimagine what “care” means. The Seattle‑based healthtech startup, which melds artificial intelligence with human clinical teams, has just raised $28 million in a Series B round co‑led by UMass Memorial Health and Morningside, setting the stage for broader deployment across U.S. health…
Under the pioneering leadership of CEO Raquel Urtasun, Waabi has rapidly become a cornerstone in the autonomous vehicle sector, specifically in the domain of self-driving trucks. With a recent $200 million Series B funding infusion, spearheaded by Uber and Khosla Ventures, Waabi is on a trajectory to redefine logistics and transport through cutting-edge AI technologies….
Vectara, a leading provider of Generative AI solutions, has successfully closed a $25 million Series A funding round led by FPV Ventures and Race Capital. This funding round, combined with last year’s seed funding, brings Vectara’s total funding to $53.5 million. The investment will fuel Vectara’s mission to enhance the reliability and efficacy of Retrieval…
A beacon of hope emerged in the fight against cancer this week, as Spotlight Medical, a pioneering French startup, announced securing €6.2 million in seed funding. This significant investment, led by renowned healthcare innovation firms Kurma Partners and Heal Capital, propels the company’s mission to transform cancer treatment through the power of artificial intelligence (AI)….
illumex, a trailblazer in enterprise data solutions, has announced a pivotal achievement with the successful closure of a $13 million seed funding round. The financing was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and notable angel investors….
In a bid to transform the way restaurants engage with their patrons, Finnish startup Cluby has announced a significant milestone in its journey: securing €2.9 million in Seed funding. This investment, led by Vendep Capital with participation from industry luminaries including Pekka Koskinen and Elias Aalto, marks a pivotal moment for Cluby as it accelerates…
Zen Educate, an innovative online platform revolutionizing teacher recruitment, has successfully raised $37 million in a Series B funding round to address the pressing global teacher shortage. Founded in London in 2017 by Slava Kremerman and Oren Cohen, Zen Educate aims to streamline the hiring process by eliminating expensive third-party recruitment agencies, making it easier…
Clasp, formerly known as Stride Funding, has announced the successful closure of an oversubscribed venture funding round, securing over $10 million. The round was led by Crosslink Capital, a prominent venture firm with a $4.6 billion portfolio, pushing Clasp’s total funding to more than $30 million. New strategic investors include the Society for Human Resource…
