Category startups Page 6 of 9
-
Essential AI Emerges From Stealth With $56.5M to Unlock the "Enterprise Brain"
Essential AI has big plans to transform business operations with the power of artificial intelligence. The startup just emerged from stealth mode with an impressive $56.5 million in fresh funding to support its mission. Essential aims to create AI systems that can analyze data, automate tasks, and elevate enterprise capabilities.
-
Sweden Bets Big on Next-Gen Battery Tech Enerpoly Secures $8.4 Million to Build World's First Zinc-Ion Megafactory
Sweden is placing a major bet on zinc-ion batteries as the next frontier for energy storage. This week, Stockholm-based startup Enerpoly announced an $8.4 million grant to establish the planet’s first high-volume manufacturing plant for this promising technology.
-
Armada Ushers in a New Era of Edge Computing, Raises $55 million
Armada recently emerged from stealth mode, announcing over $55 million in funding and a suite of revolutionary products to bring edge computing and AI to organizations around the globe. I’m thrilled by the immense potential of Armada’s innovative technology.
-
UK-Based Digital Asset Derivatives Trading Platform GFO-X Raises $30 Million in Funding
London-based digital asset derivatives trading platform Global Futures and Options Exchange (GFO-X) announced today that it has raised $30 million in a Series B funding round led by M&G Investments, the $332 billion asset management arm of M&G plc. M&G will also gain a seat on GFO-X’s board as part of its investment.
-
Fintech Unicorn SumUp Raises $307 Million to Power Through Economic Headwinds
London-based fintech startup SumUp announced this week that it has secured €285 million ($307 million) in new funding. The round was led by Sixth Street Growth, with participation from previous backers Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group.
-
W4 Games raises $15 million Series A to make open source games
W4 Games, a leading provider of products and services for the open-source Godot game engine, today announced it has raised $15 million in Series A funding. The round was led by OSS Capital, with participation from Naval Ravikant (Founder of AngelList), Justin Hoffman (Ex Elastic), Larry Augustin (Ex SugarCRM), Alex Atallah (Co-founder OpenSea), Thomas Dohmke (CEO GitHub), Diogo Mónica (Founder Anchorage Digital), Scott Williamson (Ex GitLab), and other notable founders and executives.
-
D2iQ Shutdown & Acquired by Nutanix
The infrastructure-as-a-service industry continues to face significant headwinds, as evidenced by the recent shut down of D2iQ. Formerly known as Mesosphere, D2iQ raised $250 million in venture funding to become a leading provider of Kubernetes and cloud native technologies. However, despite its promising technology and funding, the company has become the latest venture-backed startup to dissolve.
-
Paris Contract Software Tomorro Raises €11M To Streamline Workflows
Paris-based legaltech startup Tomorro has secured €11 million in fresh funding to accelerate development of its contract lifecycle management platform. The Series A round was led by French VC Resonance with participation from Financière Saint James, Motier Ventures and existing backer HenQ.
-
Indian AI Startup Sarvam Secures $41M to Build Local Generative Models
Bengaluru-based artificial intelligence startup Sarvam AI has emerged from stealth after 5 months, revealing $41 million in seed and Series A funding to construct a suite of generative AI services tailored for India. The funding was led by Lightspeed and Peak XV Partners across both rounds (Singh, 2023).
-
Email Software Startup ContactMonkey Lands $55M To Expand Internal Comms Platform
Toronto-based ContactMonkey, a platform for managing and tracking internal company communications via email and other channels, has raised $55 million in Series A funding to accelerate growth amid rising demand. The sizable round was led by Updata Partners.