Vertus Energy, an Austrian industrial biotech startup specializing in Waste-to-X solutions, has raised €8.75 million in seed funding to boost biogas production and drive the delivery of the European renewable energy objectives. The round was led by Energy Capital Ventures, with participation from Blackbird, the Amadeus APEX Technology Fund, and Aussie Angels. This
Category: Startups
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Nvidia has long been the uncontested leader in the AI GPU market, but a new contender has just emerged. Etched, a two-year-old startup founded by Harvard dropouts, is stepping into the ring to challenge the chipmaking giant’s dominance with substantial funding and a vision to build competitive AI chips. Today,
CleverCards, a Dublin-based fintech startup that helps businesses stop employees from abusing corporate expenses, has secured €8 million ($8.6 million) in new funding. The investment is a remarkable show of confidence in the 5-year-old startup amidst a broader fintech funding slowdown The round, which boosts the company’s total capital raised to over
AI-driven market intelligence startup AlphaSense announced on Tuesday that it has raised $650 million in a new funding round, elevating its valuation to a robust $4 billion. This marks a $1.5 billion increase from its valuation following a $150 million funding round in September 2023. The latest funding round was co-led by
Alphabet’s Google and augmented reality startup Magic Leap are joining forces in a strategic technology partnership to develop immersive experiences that seamlessly blend the physical and digital worlds. According to an exclusive report from Reuters, this collaboration aims to leverage Magic Leap’s AR hardware expertise with Google’s advanced software platforms. In a
Generative AI startup Scale AI said on Tuesday it had raised a massive $1 billion in a growth funding round led by venture capital firm Accel, with participation from Amazon, Nvidia, and Meta. The latest round, which valued the company at nearly $14 billion, makes Scale AI a member of
Food waste is one of the major challenges of our time. As we discussed here, the world wastes about 2.5 billion tons of every year. But if you think that’s bad, consider the United States, we throw away more than nearly 120 billion pounds of food every year. A separate study
