Climate tech startup 1KOMMA5° secures €430M to reach €1B …
WEBThe German startup has raised €430M in a Series B round that helped it reach a valuation of €1B in just 23 months. According to Dealroom, climate tech is one of the fastest growing as venture capital is shifting focus to new emerging segments. The deal announced today by 1KOMMA5° shows how impact startups helping meet UN’s sustainable ...
OpenAI-backed humanoid robotics firm 1X raises €91.1M to …
WEBOslo-based 1X Technologies, an AI and robotics company producing androids capable of human-like movements and behaviours, announced that it has secured $100M (approximately €91.14M) in a Series B round of funding.. In March 2023, 1X raised $23.5M in a Series A2 round of funding. The company, backed by OpenAI and Tiger Global, has now raised over $125M in under a year after its Series A funding.
How Deeploy gives XAI a central place in MLOps - Silicon Canals
WEBWith the hype around GenAI reaching a fever pitch, Deeploy sees XAI truly becoming a central place in ML operations. “People are starting to recognise the risks of AI and realise that control and transparency are essential for its responsible use,” explains Kleinloog. Deeploy is already serving millions of explanations per day for its ...
Strategic Partnership of Five Tech Leaders for End-to-End …
WEBTransforming the utilities sector: a collaboration of Airspan, Cocus, Cyrus Technology, Frequentis and GCT Semiconductor. WARSAW, Poland–(BUSINESS WIRE)–#5G–The five tech partners Airspan, Cocus, Cyrus Technology, Frequentis, and GCT Semiconductor Holding Inc. (NYSE: GCTS), proudly announce the strategic partnership aimed at advancing critical communication networks within the utilities ...
Dutch firm RE&UP Recycling Technologies secures €70M from …
WEBVigneshwar Ravichandran. Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena.
Denmark’s Formalize raises €15M to become Europe’s leading …
WEBDenmark-based Formalize (formerly Whistleblower Software), a compliance operations platform designed to streamline compliance workflows and automate processes for various frameworks and regulations, secures €15M in a Series A round of funding. The proceeds will help the company to establish itself as Europe’s premier compliance software ...
Dutch Finance Lab lands €30M by NLE founder Pieter Schoen for …
WEBDutch Finance Lab is a financing company that is going to focus on providing Dutch companies with working capital. The fintech startup was founded by Louis Hofmeijer, Jeroen Smits, and Martijn Don, and marks the first non-banking financial company in the Netherlands that will take on this role.
London-based Pivot secures €80M+ funding commitment: Know …
WEBLondon-based Pivot Finance, a platform providing real estate loans, announced on Friday, January 5, that it has secured £70M (approximately €81.4M) funding commitment from Foresight Group and Quilam Capital. As a part of the funding round, Foresight Group will provide senior debt, while Quilam will offer junior capital and equity of £40M ...
French battery manufacturing startup Verkor secures €2B: Know …
WEBVigneshwar Ravichandran. Grenoble, France-based Verkor, a battery manufacturing startup, announced on Thursday that it has secured more than €2B in funding. The funding injection comprises a Series C round of €850M, €600M in bank financing support from the European Investment Bank (EIB), and approximately €650M in French government ...
S-Docs Introduces New 2024 Rebrand Campaign - Silicon Canals
WEBLast update: September 3, 2024. S-Docs Launches New Brand Strategy and Offerings. NEW YORK– (BUSINESS WIRE)–S-Docs, the only 100% native document generation and e-signature solution for Salesforce, is thrilled to announce an exciting rebranding initiative that marks a significant milestone in the company’s evolution.