Funding rounds, launches, acquisitions and market moves — summarised by our AI from
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42,072 stories in the archive.
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** On July 19, 2024, a digital storm swept across the globe. A software glitch, linked to CrowdStrike, triggered a massive outage of Microsoft Windows systems. The fallout was swift and severe. Critical operations in banks, airlines…
** On July 19, 2024, a massive IT outage swept across the globe, leaving chaos in its wake. Businesses, airlines, and financial institutions found themselves grappling with a sudden loss of functionality. It was a digital storm, and no one…
** In a bold move, POET Technologies Inc. has announced a registered direct offering, raising $10 million. This financial maneuver is a testament to the growing demand for its cutting-edge optical technology. The company, based in Toronto…
** The electric vehicle (EV) revolution is here, and itselectric is at the forefront. This Brooklyn-based company recently secured $6.5 million in seed funding, bringing its total investment to $11.8 million. With backing from notable…
** In the fast-paced world of retail, Lenskart stands out like a beacon. The omnichannel eyewear retailer has captured the attention of investors and consumers alike. Recently, its co-founders, Peyush Bansal, Neha Bansal, Amit Choudhary…
** In a world grappling with climate change, the financial sector is stepping up. Masdar, the Abu Dhabi Future Energy Company, is leading the charge. Recently, it raised a staggering USD1 billion through its second green bond issuance…
** In the heart of Krakow, a revolution is brewing. Digital First AI, a startup founded in 2021, is reshaping the marketing landscape with its innovative approach to artificial intelligence. Recently, the company secured €3.5 million…
** In the heart of Central and Eastern Europe (CEE), a new wave of innovation is brewing. Lead Ventures, a Budapest-based venture capital firm, has just launched a €100 million fund aimed at empowering startups in this vibrant region. This…
** In the fast-paced world of biotechnology, funding is the lifeblood that fuels innovation. Rona Therapeutics, a clinical-stage company based in Shanghai, has just secured a significant $35 million in Series A+ financing. This funding…
India's coal sector is on the brink of expansion, with new mine agreements set to create over 40,000 jobs and boost the country's energy security. These agreements signal a shift towards self-sufficiency and economic growth, reducing…
OpenAI introduces GPT-4o mini, a smaller and more cost-efficient AI model that is set to revolutionize the industry. OpenAI recently launched GPT-4o, a powerful AI model that set the benchmark for multimodal capabilities. However, it was…
Indie Campers, the Lisbon-based global RV rental platform, has recently secured a substantial €35 million in funding to propel its expansion and innovation efforts. Since its establishment in 2013, Indie Campers has been at the forefront…
Hey Savi, a dynamic fashion tech start-up hailing from the UK, has recently secured a substantial £2.2 million in funding to revolutionize the landscape of online shopping. The brainchild of the talented trio Victoria Peppiatt, Angela…
In a groundbreaking move, Israeli startup CytoReason has secured a substantial $80 million in funding to bolster its AI model and establish a hub in Massachusetts. This significant investment marks a pivotal moment for the company, which…
SAIZ, a groundbreaking RetailTech solution, has recently announced securing a substantial €2.5 million seed investment to further advance its analytics-powered garment sizing technology. This significant funding round, spearheaded by…
Binarii Labs, a cutting-edge data security solution developer based in Dublin, Ireland, recently announced a significant milestone in their journey towards revolutionizing data protection. The company successfully secured €400K in funding…
OnRamp, the trailblazing company that automates and streamlines the post-sales process for B2B customer onboarding, has secured a whopping $14.2M in funding. Led by Javelin Venture Partners and supported by a lineup of top-tier investors…
Heimdall Power, a technology company based in Oslo, is making waves in the world of power grid optimization. With their innovative "Magic Balls" sensors, they are changing the game for utility companies worldwide. Recently securing a €22.9…
Roskomnadzor has demanded Google to unblock over 200 Russian accounts on YouTube. The Russian media watchdog sent a request to Google's CEO Sundar Pichai to lift the restrictions on various accounts, including those of Russian media…
In a bid to address the persistent shortage of skilled workers in Russia, companies have been increasingly looking towards African countries such as Kenya, Zimbabwe, and Cameroon for talent acquisition. The first half of 2024 has witnessed…
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