Category startups Page 6 of 9
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Seasony Harvests €1.5 Million to Grow Robotics in Vertical Farms
Indoor agricultural robotics startup Seasony recently secured €1.5 million in a funding round to support bringing its mobile robot “Watney” to more vertical farms globally. Led by Danish investment groups North Ventures and EFIO, the funds will fuel accelerating product development and expansion into key Middle East and North American markets.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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).