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STARTUPS

Henadz AliashukHenadz Aliashuk – a specialist in the creation, implementation and development of business models in the IT-sphere

STARTUPS

Startup Scalestack has raised investment to develop its AI platform

Scalestack's AI platform features Startup Scalestack has raised US$1 million in its first round of funding. Investors included Founders Network, Flyer One Ventures and other funds. The company plans to use the funds to develop new products and attract customers. Scalestack provides a comprehensive artificial intelligence-based data enrichment and prioritisation platform. The product targets the…

04.03.20240Comments

ByPress secretary

STARTUPS

British space startup Open Cosmos has raised USD 50 million in funding

Open Cosmos plans to launch EO satellites Open Cosmos, a UK-based company, has completed a funding round in which it has raised USD 50 million in investment. The company will use the funds to develop a network of EO satellites to monitor the dynamics of climate change on Earth from space. The startup plans to…

05.02.20240Comments

ByPress secretary

STARTUPS

Startup Nile, a rival to Cisco Systems, has received investment to expand its business

Network services provider Nile has raised a round of funding Nile raised US$175 million in a funding round that included March Capital and a Saudi Arabian fund. In addition to the latter, venture capital firms Telecom and Liberty Global, which are part of the Saudi Corporation, were investors in the project. The founders of the…

08.01.20240Comments

ByPress secretary

STARTUPS

Sun-Ways installs solar panels on a railway in Switzerland

Swiss start-up Sun-Ways implements a project to lay solar panels on railway tracks Swiss start-up Sun-Ways has launched a project to equip railway tracks with solar panels. So far, the local government has permitted installing photovoltaic cells at one station, but the company plans to expand its activities over time. The process is automated, with…

11.12.20230Comments

ByPress secretary

STARTUPS

InsurTech start-up Bolttech raises US$196m

Bolttech valued at US$1.6 billion Bolttech conducted a funding round that raised US$196 million. Key investors in the startup included MetLife and Japanese insurance market leader Tokio Marine, as well as the Sovereign Wealth Fund of Malaysia. Bolttech is valued at US$1.6 billion. Startup Bolttech has been operating in the InsurTech sector since 2020. The…

13.11.20230Comments

ByPress secretary

STARTUPS

Startup Perplexity AI received investment to develop its AI search engine

Perplexity AI released a search engine that could become a competitor to Google The American company Perplexity AI raised US$26 million in a funding round. The project is developing a search engine based on artificial intelligence. Investors' interest in the young company, which was only founded in 2022, is due to the growing demand for…

16.10.20230Comments

ByPress secretary

STARTUPS

Startup DressX has received $15 million in investment

Digital marketplace DressX has held a funding round The startup DressX has received $15 million in funding. Two girls founded the project, and it is a marketplace of exclusive clothes, not in a physical format, but in a digital format. On the platform, you can find more than 3,000 items from different designers and DressX-branded…

18.09.20230Comments

ByPress secretary

STARTUPS

Bitwise Industries receives an $80 million investment

Bitwise Industries' valuation reaches $600 million U.S. startup Bitwise Industries has raised $80 million in investments, bringing the valuation to $600 million. The company develops and supports technological ecosystems to support cities and institutions. It provides solutions in 3 areas: human resources, consulting services, and real estate. Bitwise Workforce trains people with technical skills. Only…

21.08.20230Comments

ByPress secretary

STARTUPS

Launching a startup in Europe: the benefits of the fintech sector

Fintech startup in Europe stands a good chance of getting investment The European community makes every effort to develop and stimulate small businesses. The government supports new projects and takes various steps to create a transparent financial market and healthy competition. Every year it becomes easier to launch startup in Europe. Investors are ready to…

24.07.20230Comments

ByPress secretary

STARTUPS

German company BioNTech acquires AI startup InstaDeep

InstaDeep to develop AI solutions as part of BioNTech BioNTech, a German biotech company, announced the purchase of InstaDeep, a startup engaged in developments in the field of artificial intelligence. The amount of the deal will be 362 million euros, under which the vaccine manufacturer will increase the number of shares of the British business…

26.06.20230Comments

ByPress secretary

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