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…

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…

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…

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…

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…

Enpal receives investment for business development

German startup Enpal raises €215 million in funding Enpal, which operates in the field of green energy, conducted a round of financing. As a result, it was able to get 215 million euros of investment, thanks to which the business valuation reached 2.2 billion euros. The main investor was the TPG Rise Climate fund. Prior…

OpenAI AI startup may receive investment from Microsoft Corporation

OpenAI will reach a valuation of more than $20 billion thanks to investments from Microsoft Microsoft is considering investing $10 billion in the startup OpenAI. If the deal goes through, the value of the company could reach $29 billion. So far there is no official statement from the interested parties, but some sources note that…

Startup Monarch Tractor launches its MK-V tractor

Monarch Tractor introduces a tractor with an intelligent control system The American company Monarch Tractor announced the launch of autonomous tractors that run on an electric motor. The equipment is equipped with a system based on the artificial intelligence of Jetson Edge generation from NVIDIA Corporation. The MK-V tractors will be the first in the…

Startup Vektor AI received funding in the pre-seed round

Vektor AI: a platform for finding a mentor and professional development Startup Vektor AI raised $2.5 million in a pre-seed round. Investors included both individuals and large funds, including Cherry Ventures, Bradley Horowitz, who is a vice president at Google, and others. Vektor AI was founded by a married couple who previously worked at Yandex.…

Verkor battery manufacturer for electric cars has attracted 25 millions euro

French startup Verkor plans to build a large plant The French startup Verkor held a round of financing, which resulted in the attraction of 25 millions euro. Among the investors of the battery manufacturing company are the German Siemens Corporation and Societe Generale Bank from France. The funds will be used to build a modern…

06.02.20230Comments

ByPress secretary

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.