ECD Automotive Design, the premier global name in luxury Land Rover and Jaguar restorations, has announced a significant milestone in its growth journey. The company, recognized for its bespoke luxury vehicles, has secured a notable $2 million in funding from its existing investors. This infusion of capital is set to propel the company’s ambitious expansion…
Amulet, an innovator in food safety technology, has successfully raised $5.8 million in Series A financing. This round, spearheaded by HealthX Ventures, also saw participation from Incite Ventures, AllerFund, Mendota Venture Capital, Great Oaks Venture Capital, and notable individuals including Pinterest executive Julie Bornstein and investor Diede van Lamoen. The investment will propel Amulet’s mission…
Gothenburg-based Kognic, a pioneering platform specializing in data annotation for sensor-fusion, has successfully raised SEK 100 million (€8.8 million) in its latest funding round. This investment round saw support from existing backers including Metaplanet, Neudi Kapital, and Stena Sessan. Kognic, founded by engineering physicists Daniel Langkilde and Oscar Petersson in 2018, is on a trajectory…
In a significant stride towards transforming battery technology, London-based magneto-electrochemistry pioneer, Gaussion, has successfully raised €11M in a Series A funding round. The round was led by Autotech Ventures, a prominent San Francisco-based venture capital firm, with continued support from existing backers BGF and the UCL Technology Fund. Managed by AlbionVC in collaboration with UCL…
ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…
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…
SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…
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,…
