Literal Labs secures €5.4M for logic-based AI chips showing 54x faster inference and 52% energy savings, challenging GPU-dependent systems with…
Relevance AI secures $24M series B to expand its multi-agent OS platform
Relevance AI raised $24M in Series B funding led by King River Capital, highlighting the shift towards autonomous AI systems.…
A fresh surge in European startups sets new pace for global growth
Funding gains, cross-border alliances, and deep-tech expansions mark a new phase for Europe’s thriving startup sphere, attracting worldwide attention and…
Solid (formerly Wise) files for bankruptcy amid fintech funding crunch
Banking-as-a-Service startup Solid filed for Chapter 11 bankruptcy on July 15, 2024, with $28M liabilities, planning to sell assets. The…
Strike secures $13.5M to fortify cybersecurity in Latin America
Uruguayan cybersecurity startup Strike raises $13.5M in Series A funding to expand its AI-powered penetration testing platform across Latin America…
Mendel secures $35M in Series B funding to expand corporate expense solutions across Latin America
Mexican fintech Mendel raises $35M in Series B funding led by Base10, with plans to expand its B2B card platform…
Andreessen Horowitz seeks to raise $20 billion for American AI startups
Andreessen Horowitz is reportedly aiming to raise $20 billion for a tech investment fund focused on growth-stage AI companies in…
PyannoteAI secures €8 million seed funding for language-agnostic speaker intelligence platform
Paris-based pyannoteAI raised €8.1 million in Seed funding to develop its Speaker Intelligence AI platform, capable of identifying speakers across…
Pennylane secures €75 million to expand electronic invoicing services in Europe
Paris-based Pennylane raises €75 million to enhance its accounting platform, targeting growth amid new European e-invoicing regulations. Pennylane, the Paris-based…
Ultra secures €10.8 million to challenge traditional gaming models in Europe
Tallinn-based gaming platform Ultra raises €10.8 million to expand its team and platform, aiming to disrupt the gaming industry with…
Ecoat raises €21 million to advance sustainable paint solutions
French GreenTech firm Ecoat secures €21 million in funding to expand production of bio-based binders and enter new markets, targeting…
Lumai secures €9.2 million to enhance AI data center efficiency with optical computing
Oxford’s Lumai raises €9.2 million to develop optical computing, aiming to slash AI processing costs by 90% and boost performance…
