Funding rounds, launches, acquisitions and market moves — summarised by our AI from
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Gilead Sciences, in collaboration with the World Hepatitis Alliance, awarded a $4 million grant to support innovative projects addressing viral hepatitis in Asia. The grant aims to eliminate viral hepatitis by 2030 through community-led…
HyLight, a Paris-based company, has secured €3.7 million to propel its hydrogen-powered airship drones into the future of infrastructure inspection. With a focus on sustainability and precision, HyLight's innovative technology is set to…
DuckDuckGo, the champion of online privacy, has unveiled Privacy Pro, a 3-in-1 service that includes a VPN, personal information removal, and identity theft restoration. This subscription service, priced at $9.99 per month or $99.99 per…
Baidu's Ernie Bot, China's top AI chatbot, boasts a staggering 200 million users, doubling its count in just a few months. CEO Robin Li unveiled this milestone, showcasing the chatbot's API usage of 200 million times daily. Ernie Bot…
Robert MacNeil, the esteemed journalist who co-created the PBS newscast "The MacNeil-Lehrer NewsHour," passed away at the age of 93. His commitment to delivering straightforward news without sensationalism left a lasting impact on the…
Homeland Security Secretary Alejandro N. Mayorkas unveils $1.8 billion in grants to fortify the nation's defenses against terrorism and disasters. These funds bolster state, local, tribal, and territorial readiness to thwart threats and…
Rivos, a Santa Clara-based company, has secured over $250 million in Series A-3 funding to develop cutting-edge chips for AI and analytics workloads. Led by CEO Puneet Kumar, Rivos aims to create power-optimized chips that combine…
Spiber, a Japanese startup, secures $65M to scale up production of its eco-friendly Brewed Protein materials. The funding will be used to accelerate mass production and global expansion, meeting the growing demand for sustainable…
Cybersecurity investment has hit a rough patch, but Evolution Equity Partners is leading the charge in turning the tide. Despite a 40% drop in sector investment, there are signs of a recovery on the horizon. Chief information security…
Lakestar, the investment firm, recently closed two funds totaling $600 million to fuel the growth of European startups in key sectors like AI, digitalization, healthcare, and fintech. These funds aim to strengthen Europe's innovation…
Loft Labs, a San Francisco-based innovator in platform engineering, recently secured a hefty $24 million in Series A funding. Led by Khosla Ventures, this round of funding aims to propel the development and adoption of vCluster and DevPod…
Quilt, a rising star in the world of smart home climate solutions, has secured a hefty $33 million in Series A funding. This Redwood City-based company is on a mission to shake up the heating and cooling industry with its innovative…
Bcomp, a Swiss cleantech company, has closed a $40M Series C funding round to accelerate decarbonisation in the mobility sector. The funding, led by EGS Beteiligungen AG, will support Bcomp's expansion into new markets and scale its…
Oculis, a visionary biopharmaceutical company, has secured a dazzling $59 million in an oversubscribed funding round, propelling its mission to revolutionize eye care. The company's clinical-stage pipeline, brimming with potential…
Amsterdam's bunq, a fintech unicorn, secures €29M to fuel its growth ambitions in 2024. The neobank's shareholders commit to providing capital for expansion, with plans to enter the UK and US markets. Bunq aims to resubmit its banking…
Upstage, a San Jose-based AI company, recently closed a Series B funding round, raising a whopping $72 million. This influx of capital will fuel the company's mission to develop cutting-edge large language models (LLMs) for global…
RAAAM Memory Technologies, a groundbreaking start-up from Petah Tikva, Israel, has secured a $4 million Seed financing round to revolutionize on-chip memory solutions. With investors like Serpentine Ventures and J-Ventures on board, RAAAM…
Two Chairs, a San Francisco-based behavioral health company, recently secured a whopping $72 million in Series C equity and debt funding. Led by Amplo and Fifth Down Capital, this round of funding brings the company's total capital raised…
Fotokite, the Swiss-US drone leader, secures $11 million in Series B funding to expand its reach in autonomous firefighting UAVs. The investment, led by Carbyne Equity Partners, fuels Fotokite's growth in providing tethered drone…
Medulance, a New Delhi-based emergency healthcare services company, has secured $3 million in Series A funding, signaling a new era in the country's healthcare landscape. Led by Alkemi Growth Capital, with support from Dexter Capital, Aman…
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