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…
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…
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,…
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,…
Molten Industries, a visionary startup rooted in a Palo Alto garage, has secured a substantial $25 million Series A funding round to propel its mission of decarbonizing heavy industries through innovative methane pyrolysis technology. Founded by Dr. Kevin Bush and Dr. Caleb Boyd during the pandemic, Molten has rapidly evolved from experimental setups in a…
Gynger, the pioneering embedded financing platform for technology purchases, has announced a significant milestone with the successful closure of a $20 million Series A funding round. The investment, led by PayPal Ventures and joined by Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital, underscores Gynger’s pivotal role in revolutionizing the landscape of corporate…
In a transformative move poised to reshape app development dynamics, Polish-founded startup Proofs has secured $2.6 million in a pre-seed funding round led by Earlybird Venture Capital. This strategic investment, which also includes participation from Expeditions Fund, Step Function Ventures, RTP Global, and esteemed angel investors, underscores Proofs’ pivotal role in accelerating innovation at the…
PQShield, a pioneering force in post-quantum cryptography, has raised $37 million in Series B funding to advance its mission of fortifying digital security against future quantum computing threats. The investment round was led by Addition, spearheaded by Lee Fixel, with participation from new strategic investors Chevron Technology Ventures, Legal & General, and Braavos Capital, alongside…
C12 (https://www.c12qe.com/), the pioneering quantum computing startup co-founded by twin brothers Pierre Desjardins and Matthieu Desjardins, has secured an €18 million funding round ($19.4 million USD) to advance its cutting-edge quantum processor technology. Established in 2020 as a spin-off from the École Normale Supérieure’s Physics Laboratory, C12 focuses on leveraging carbon nanotubes to create next-generation…
Avaneidi, a Milan-based startup specializing in secure enterprise storage systems, has raised €8 million in a Series A funding round led by United Ventures. This investment highlights Avaneidi’s commitment to advancing solid-state storage technologies and enhancing data security, paving the way for a sustainable digital transition in industries worldwide. Avaneidi’s enterprise storage systems are built…
