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Kognic Secures €8.8M to Elevate Data Annotation for Next-Gen AI Innovations

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…

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mika Secures €800k to Revolutionize SME Accounting with AI Innovation

In a groundbreaking move for the tech startup scene, Berlin-based mika has successfully raised €800k in pre-seed funding to bolster its mission of simplifying accounting and tax obligations for small and medium enterprises (SMEs). Led by the strategic alliance Samen Slimmer, comprising Keen Venture Partners, DFF, and Slimmer AI, this investment marks a pivotal moment…

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Transforming Event Experiences: EventCHI Secures €1.6M+ for AI and Blockchain Integration

In a bold move to redefine the landscape of global events, Rotterdam’s own EventCHI has successfully closed a substantial seed funding round, amassing over €1.6 million. This significant investment marks a pivotal moment for the innovative startup, poised to revolutionize event experiences through the seamless integration of artificial intelligence and blockchain technologies. Founded by visionaries…

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Nebul Secures €20M Investment to Expand Sovereign-Hybrid Cloud Solutions Across Europe

Nebul, a pioneering force in sovereign-hybrid cloud solutions based in Amsterdam, has announced a significant milestone in its journey with a €20M investment from BeStacking. This funding round, spearheaded by seasoned founders dedicated to fostering transformative IT ventures across Europe, marks a pivotal moment for Nebul’s expansion strategy. Founded in 2022 under the leadership of…

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DealCircle Secures Significant Growth Capital from Round2 to Expand Tech-Driven M&A Solutions

Hamburg-based DealCircle has marked a pivotal moment in its growth journey with a substantial infusion of capital from Round2 Capital, positioning itself to enhance its pioneering role in technology-driven mergers and acquisitions solutions. Founded in 2018 by entrepreneurs Kai Hesselmann and Graig Gröbli, DealCircle has navigated the competitive landscape of M&A advisory with a distinctive…

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OpenAI-Backed Speak Raises $20M in Series B Extension, Doubling Valuation to $500M

AI-powered language learning app, Speak, has secured $20 million in a Series B extension, doubling its valuation to $500 million. This round, led by Buckley Ventures and supported by the OpenAI Startup Fund, Khosla Ventures, Y Combinator co-founder Paul Graham, and LinkedIn executive chairman Jeff Weiner, reflects the company’s rapid growth and investor confidence. Since…

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Zen Educate Secures $37M Series B and Acquires Aquinas Education to Tackle Teacher Shortage

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…

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Ability Biologics Innovates AI-Driven Antibody Therapeutics with $18 Million Seed Funding Boost

Ability Biologics, a trailblazer in AI-driven therapeutic discovery, has closed an $18 million seed funding extension, marking a significant milestone in its quest to revolutionize antibody therapeutics for cancer and immune-related disorders. Led by founding investor Amplitude Ventures, this financing round includes strategic support from Fonds de solidarité FTQ, Investissement Québec, Charles River Laboratories, Theodorus,…

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