BlueQubit Inc., a California-based pioneer in quantum software, and Quantum Art Ltd., an innovative Israeli quantum hardware developer, have been awarded a prestigious grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation. This grant, valued at $2.2 million over two years, aims to advance the frontier of quantum computing by enhancing quantum machine…
In a significant step toward advancing wind energy infrastructure, Vind AI, an AI-powered platform for wind park design, has successfully raised €3 million in a seed round led by Norrsken VC. The funding round also saw participation from the founders of Spacemaker, Arkwright X, and Vind AI employees. This capital infusion comes as wind energy…
In a pivotal development for cybersecurity, German startup Enginsight has successfully raised €6 million in funding led by UVC Partners. This round also saw participation from notable investors including Carsten Maschmeyer’s seed+speed fund, bm-t beteiligungsmanagement thüringen GmbH, Talanx AG, Smart Infrastructure Ventures, and Brandenburg VENTURES GmbH. Enginsight is committed to fortifying the cybersecurity landscape for…
Radiant Biotherapeutics, a cutting-edge biotechnology firm specializing in advanced antibody therapies, has announced the successful closure of a $35 million Series A financing round. This significant investment, spearheaded by the Bill & Melinda Gates Foundation and Amplitude Ventures, aims to further develop Radiant’s innovative Multabody™ platform, which is poised to revolutionize therapeutic approaches across various…
Cytactic, a pioneering platform in cyber crisis readiness and management, has raised $16 million in a seed funding round led by Evolution Equity Partners, a prominent cybersecurity venture capital fund. This investment aims to bolster Cytactic’s efforts in fortifying organizations against escalating cyber threats through innovative crisis preparedness solutions. Businesses worldwide are grappling with the…
In a significant stride towards enhancing customer communication efficiency, Swedish martech startup Hypertype has successfully closed a SEK 7 million funding round led by Butterfly Ventures and Bust. Founded in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype specializes in AI-driven solutions that streamline and automate customer interactions, aiming to optimize response times and service…
Cartken, a trailblazing robotics navigation software startup founded in Germany, has announced a significant funding milestone, raising $22.5 million to propel its advancements in autonomous navigation. The latest financing round, including a substantial $10 million injection, underscores Cartken’s commitment to revolutionizing industrial automation and last-mile delivery solutions. Cartken’s cutting-edge technology merges AI and computer vision…
Nium, a trailblazer in real-time cross-border payments, has elevated Spencer Hanlon to the role of Chief Operating Officer (COO). Hanlon, who previously led Nium’s Global Travel division, joins the executive ranks to steer the company through its next phase of growth and operational excellence. Hanlon’s journey at Nium began in 2021 following the acquisition of…
Soluna Holdings, Inc. (NASDAQ: SLNH), a trailblazer in green data centers for intensive computing applications, has announced a significant funding boost for its subsidiary, Soluna Cloud. The additional $1.25 million in financing, facilitated by BitOoda Technologies and Imperial Capital, brings Soluna Cloud’s total credit facility to $13.75 million. This capital injection is earmarked to propel…
nOps, an industry-leading AWS cost optimization platform, has announced the completion of a $30 million Series A funding round. The investment, led by Headlight Partners, is set to propel nOps’ innovative approach to AWS cloud management and cost efficiency. nOps stands at the forefront of the cloud optimization sector, offering an unparalleled suite of tools…
