Funding rounds, launches, acquisitions and market moves — summarised by our AI from
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China's recent decision to block Intel, AMD chips, and Microsoft's Windows on government devices marks a significant shift in the tech landscape. By favoring local technology options, China is challenging US sanctions and asserting its…
Disgraced former Steinhoff International CEO Markus Jooste met a tragic end during an arrest, but the Financial Sector Conduct Authority (FSCA) remains steadfast in its pursuit of justice. Despite Jooste's death, the FSCA is legally…
Amidst the gloom of the deepening climate crisis, there are rays of hope shining through. Despite record-breaking heat, devastating storms, and rising greenhouse gas emissions, progress is being made in the realm of clean energy that could…
Citycon, a leading real estate developer, has unveiled its 2023 Sustainability Accounts, showcasing a refined strategy focused on green mobility and energy efficiency. The company's commitment to sustainability is evident in its…
A $20 million sky mansion sits atop a 33-story luxury apartment complex in India, designed for businessman Vijay Mallya. However, due to financial crimes and extradition charges, Mallya may never get to live in this extravagant home. The…
Foundational Data Inc., a startup dedicated to helping enterprises maintain accurate internal datasets, has successfully raised $8 million in seed funding. The investment was led by Viola Ventures and Google LLC’s Gradient Ventures fund…
Stockholm-based Dema recently raised €7 million in funding to further expand its predictive analytics platform for e-commerce companies. Led by J12 Ventures, Daphni, and angel investors, the funding will fuel Dema's mission to empower…
Firecell, a private 5G connectivity provider, has secured €6.6 million ($7.2 million) in seed funding to develop cutting-edge 5G solutions for industrial applications. The company's innovative approach aims to transform the way industrial…
Perrysburg, Ohio-based O-I Glass, Inc. has been chosen by the US Department of Energy to receive a substantial $125 million investment to propel industrial decarbonization technologies forward. This funding, part of the Industrial…
ONWARD Medical, a pioneer in spinal cord stimulation therapies, has successfully raised €20 million through a strategic offering. The company's innovative treatments aim to restore movement and independence for individuals with spinal cord…
Buddywise, a Stockholm-based AI-powered workplace safety platform provider, has secured €3.5 million in seed funding to combat workplace accidents in industrial spaces across Europe. The round was co-led by specialist AI fund J12 and…
Ascension VC, a London-based venture capital firm, has made waves in the tech investment world with the successful first close of its new Tech4Good pre-seed fund. With a focus on backing startups that leverage technology to create positive…
Belong, a groundbreaking wealth-building platform, has emerged from stealth mode with a record-breaking £2.95 million Pre-Seed funding round led by female founders in Europe. Founded by Avion Gray and Samantha Rosenberg, Belong aims to…
Today, 1991 Ventures unveiled a £15 million fund to support emerging talent in Ukraine and Central Eastern Europe (CEE) with global potential. Founded by Ukrainian brothers Denis and Viktor Gursky, the industry-agnostic fund aims to…
FundGuard, a NYC-based investment accounting platform provider, has closed a $100M Series C funding round led by Key1 Capital, Euclidean Capital, and Hamilton Lane. The company, led by President John Lehner and CEO Lior Yogev, plans to use…
Tomorrow Things, a German AI start-up, secures €1.5 million in funding to develop an innovative Operating System for machines on the internet. Led by High-Tech Gründerfonds and neoteq ventures, the funding round aims to accelerate the…
Indonesia's Akulaku secures a hefty USD 100 million in debt financing from HSBC Singapore, propelling the fintech company to new heights. This strategic move sets the stage for Akulaku's expansion and innovation in the competitive…
World Fund, a Berlin-based climate tech venture capital firm, has successfully closed a €300 million first fund, despite facing challenges in the fundraising environment. The VC, born from the founders of Ecosia, an independent search…
LeakSignal, a cybersecurity solutions provider based in Atlanta, GA, has successfully raised $1.6M in Seed funding. The funding round was led by Shasta Ventures, with participation from TFX Capital, Blu Ventures, and Cyber Mentor Fund…
Goalsetter, a financial education platform, recently secured $9.6 million in Series A extension funding. Led by Edward Jones and MassMutual, this funding will fuel Goalsetter's mission to empower young Americans with essential financial…
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