Embedl offers AI deployment without the need for data centers
The Swedish startup Embedl aims to advance AI capabilities. The company is working on creating artificial intelligence that won't require servers or data centers. Edge AI will significantly reduce the energy costs of training and maintaining AI models. The idea of the deep tech startup…
The uniqueness of Optics11's development
The Dutch startup Optics11 recently closed a funding round, raising €17 million. The company offers a cutting-edge solution to ensure the sustainability of energy infrastructure. The project's relevance in the context of Europe's growing need for sustainable and secure energy infrastructure explains the high level of interest in it. Participants…
Lightsonic develops smart sensors for infrastructure
Startup Lightsonic has secured investment totalling €3.3 million. The company develops AI-powered smart sensors that enhance the performance of critical infrastructure. Venture capital firm Maki was a key investor in this funding round, alongside RAISEVentures and Sondo.
Rapid technological advances, climate change and increasing urbanisation are putting a strain…
Startup mirSense offers laser technology for the defence industry
Startup mirSense, which specialises in quantum laser technology, has attracted investors. The company has raised €7m in a Series A funding round.
mirSense is a French deeptech startup developing quantum cascade laser (QCL) technology. These lasers emit infrared light in the near and far ranges. One…
PsiQuantum simplifies the application of quantum computing
US startup PsiQuantum has raised US$750 million. The main investor was BlackRock. Earlier, the quantum computing project received funding from the Australian government.
A group of Australian scientists founded PsiQuantum in 2015. They include Dr Pete Shedbolt and Professor Jeremy O'Brien. The researchers joined forces to create the…
Startup Quantexa attracts new investors to develop AI platform
UK startup Quantexa, one of the leaders in the local DI market, has increased its valuation. The company has completed a Series F funding round, raising US$175 million. This brings the startup's valuation to US$2.6 billion.
Teachers' Venture Growth (TVG), part of the Ontario Teachers' Pension…
Riot plans to open new offices and hire more staff
Paris-based startup Riot has raised around €29 million in Series B funding. The lead investor was Left Lane Capital, joined by existing partners Y Combinator, Base10 and FundersClub.
Riot is a cyber security software platform. The total capital received by the startup after the funding…
Gigs plans to develop a mobile service platform
Gigs has completed a US$73 million Series B funding round. The startup provides a telecoms-as-a-service solution that helps companies significantly reduce the cost of developing mobile services. Ribbit Capital was a lead investor in the round.
The company was founded in Germany in 2020 by Hermann Frank…
Serviceform has raised an investment of EUR 2.45 million
Finnish startup Serviceform has successfully closed a funding round in which it raised EUR 2.45 million. The main investors were Virta Equity, BackingMinds and Gorilla Capital, as well as business angel Lasse Järvinen.
Serviceform provides marketing solutions for small and medium-sized enterprises. The company plans to…
How Twenty's open-source CRM is changing the enterprise solutions market
Developer Twenty has raised US$5 million in a funding round. The company will use the investment to develop its open-source CRM product. The lead investors were Runa Capital, Front and Pipedrive. Top HubSpot executives also participated in the funding.
Startup Twenty is a young project…