If the French capital markets and tech ecosystem were looking for certainty from the outcome of the recent national parliamentary election, then it’s fair to say that they’re still waiting. July 7th’s hung parliament has left many questions about the direction the next French government will take on technology unanswered. Successive French governments of recent ... Read more ›
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UP Catalyst, a pioneer in sustainable carbon material production directly from CO2 emissions, has successfully closed a €2.36 million seed extension round. The funding round saw equal participation from Warsaw Equity Group, a leading private investment firm in Central and Eastern Europe, and Estonia’s state fund SmartCap, who also contributed to the previous seed round. ... Read more ›
0
Contentful, a composable content platform trusted by more than 4,200 customers, announced it has signed a definitive agreement to acquire Berlin-based Ninetailed, a pioneer of structured content personalisation and experimentation. This move will allow Contentful to offer its customers a scalable, AI-driven personalization solution that’s already integrated into the Contentful platform. Unlike legacy solutions, the ... Read more ›
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Optiml, a Swiss proptech offering a software solution for sustainable real estate investments and renovation strategies, secured €3.5 million in a pre-seed extension. The round is led by BitStone Capital, a VC investor for technology companies in the real estate and construction industry, and supported by KOMPAS VC, which focuses on the construction and manufacturing ... Read more ›
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Fresha, a marketplace platform for beauty and wellness, announced it has secured a €27.8 million venture debt facility from J.P. Morgan. This funding will accelerate Fresha’s expansion into new markets and drive the growth of its machine learning capabilities and AI-powered robotics, further advancing its platform. To date, Fresha has raised over $185 million in ... Read more ›
10
Reliant AI, a provider of gen AI-powered data analytics software, announced its launch out of stealth with €10.1 million in seed funding. The new capital was co-led by Tola Capital and Inovia Capital, with participation from angel investor Mike Volpi. Reliant AI was created by leading Natural Language Processing and Reinforcement Learning scientists and researchers ... Read more ›
8
Bookbot, an online platform for second-hand books, announced a €4 million Series A funding round at a valuation of over €20 million led by new investor Genesis Growth Equity Fund I with the participation of existing shareholder Miton. After its foundation in Prague in 2019 and a rapidly unfolding success story that made Bookbot the ... Read more ›
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London-based Logically, the leading company that builds AI to combat harmful online content at scale has announced the acquisition of Barcelona-based AI company Insikt AI. Accoring to the UK company, this acquisition strengthens Logically’s research and development capabilities and expands its technology portfolio, providing customers with a competitive information advantage and equipping them with the ... Read more ›
3
Moonlit.ai, a cross-border legal research and monitoring platform, announced its successful spinout from Deloitte and an investment from Curiosity VC. This marks Moonlit’s transition into an independent company, poised to accelerate its expansion and revolutionize legal research across Europe. Developed as an internal tool within Deloitte, Moonlit offers a comprehensive AI-driven legal research platform that ... Read more ›
3
SportAI, a B2B sports technology company using AI to enhance sports technique coaching, commentary and analysis, has raised a €1.6 million seed funding round led by early-stage investor Skyfall Ventures. Other participants include Norwegian pension fund MP Pensjon; Dekel Valtzer (ex-pro tennis player and AI startup founder); and Sverre Munck (ex-EVP at Schibsted). Magnus Carlsen, ... Read more ›
3
The former owners of Infinileads, a renowned name in the affiliate marketing sector, are making a significant return to the online gambling industry with the launch of two innovative gambling comparison sites, DailySpin and IppicaOnline. The new venture is spearheaded by industry veterans Eric Stoop, Jan Verrecas, John Roos, Gustaf Linder, and Niklas Lundström, who ... Read more ›
0
Before it was home to giants like Klarna, and Spotify, Sweden was once the largest global vendor of mobile phones and smartphones for a whole decade starting in 1998. Today it leads the charge in producing more unicorns per capita than any other European city. Its startup ecosystem is currently valued at $62 billion dollars, ... Read more ›
1
Uman, a Belgian AI-driven software platform for B2B sales teams, has raised €1.9 million. The funding round was led by Holland Capital, together with existing investors imec and Seeder Fund. This is a pivotal moment for the Ghentian startup, as the investment will help scale the company’s international presence. For Uman’s founders, these are challenging ... Read more ›
0
Root, a startup helping food and beverage companies get to net zero, announced they have raised an €8 million seed round, led by Christoph Janz at Point Nine, with participation from Project A, HelloWorld, Arc Investors, and a host of experienced startup operators. The RootOS platform helps companies across the food system manage their climate ... Read more ›
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Data centres are the backbone of the digital age, with unprecedented demand for digital infrastructure driven by the surge in the use of AI, machine learning, and supercomputing. However, their energy consumption is skyrocketing. By 2030, an estimated six percent of global energy consumption will be used specifically for cooling data centres. A shift from ... Read more ›
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Venture capital (VC) is an important source of funding for startup founders. While VC funding can provide crucial fuel for startups looking to scale, it’s not suitable for every business. Fortunately, there are alternative routes to funding. In this article, we will explore the pros and cons of VC funding for startups and alternative streams ... Read more ›
1
The European Investment Fund (EIF) has signed a €50 million participation in Danish VC Nine Realms’ latest fund, focusing on supporting early-stage technology-enabled SMEs in the supply chain sector. The main goal of the investment is to support companies with strong ideas to improve the environmental footprint of the global supply chain, which can account ... Read more ›
0
Radiology technology company Hexarad has completed a €13 million growth round, with European healthtech growth equity investor MTIP leading the round alongside reinvestment from existing shareholders, including the Foresight Group. Headquartered in London, Hexarad was founded in 2016 by a group of NHS consultant radiologists and is now one of the UK’s fastest growing healthtech ... Read more ›
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trumpet, a platform putting buyers at the heart of the sales journey, announced it has raised €5.7 million in a seed funding round led by AlbionVC. Previous investors Lightbird Ventures, Anamcara Capital and Triple Point Ventures also contributed to the round, which will enable trumpet to expand to the US. The new funding will help ... Read more ›
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Business Insider
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25% 11 |
Tech Wire Asia
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14% |
CNET
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7% 0 |
The Verge
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6% 3 |
Gizmodo
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6% 1 |
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26.11.2024 03:43
Last update: 03:30 EDT.
News rating updated: 10:30.
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