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24/12/2024

AI cloud startup Vultr raises $333M at $3.5B in first outside funding round!

AI cloud infrastructure startup Vultr raised $333 million in growth financing at a $3.5 billion valuation, marking the decade-old startup’s first outside round of financing. The deal was co-led by AMD Ventures, the venture arm of semiconductor company AMD — underscoring the fierce competition between chipmakers to provide AI infrastructure for enterprises. LuminArx Capital Management was the other lead investor in the deal. West Palm Beach, Florida-based Vultr says it plans to use the new capital to acquire more graphics processing units, or GPUs, which are in hot demand to power large language models. Click the link below to learn more.

AI cloud infrastructure startup Vultr raised $333 million in growth financing at a $3.5 billion valuation, marking the decade-old startup’s first outside round of financing.

09/10/2024

Belgian startup StriveCloud raises $1.5M to enhance digital customer loyalty and retention!

Belgian gamification software startup StriveCloud has raised $1.5 million to increase customer retention and loyalty from digital applications. The company provides marketers and product managers with tools to easily add games and other interactive elements to their apps or websites. This allows them to improve user experience quickly and easily.

The company provides marketers and product managers with tools to add games and interactive elements to their apps or websites.

24/09/2024

French startup Phacet raises €4M to help SMEs build personalized AI solutions!

Phacet, a French startup specializing in personalized AI solutions for small and medium-sized enterprises (SMEs) has announced a seed round of €4 million. It is claimed to be the first European customized AI application platform that enables SMEs to build, deploy, manage and use AI apps. The investment came from 148 business angels from sectors, including tech, finance, insurance, data, and retail.

Phacet, a startup specialising in personalised AI solutions for small and medium-sized enterprises (SMEs) has raised €4 million in funding.

10/09/2024

Happy5 acquires Singaporean startup SugarOKR to accelerate global expansion!

In a strategic move to bolster its global presence, Indonesia-based enterprise performance management software startup Happy5 has announced it is acquiring Singapore-based startup SugarOKR for an undisclosed sum. This acquisition marks a significant milestone in Happy5's growth strategy, positioning the company for expansion into new international markets, including the United States.

SINGAPORE - Media Outreach Newswire - 10 September 2024 - In a strategic move to bolster its global presence, Indonesia-based enterprise performance...

02/09/2024

AI travel assistant startup Otto secures $6M seed round led by Madrona Ventures!

Otto, an AI-powered startup focused on business travel, has raised $6m in a seed funding round. The company, which is developing an intelligent and autonomous AI travel assistant for business travelers, aims to simplify the travel experience. The funding round was led by Madrona Ventures, with additional backing from Direct Travel and several angel investors from the business travel industry.

Otto, an AI-powered startup focused on business travel, has raised $6m in a seed funding round.

21/08/2024

SleekFlow snaps up $7M to tap the conversational AI opportunity across Asia!

SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to Asian markets, said Wednesday it had secured a further $7 million in funding. The money will be used to continue developing its AI, as well as pe*****te deeper into Southeast Asia and the Middle East, and make inroads into Europe.

SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to

16/08/2024

Sales software startup Trumpet secures £4.9m!

Trumpet, a B2B sales software platform used by companies such as OpenTable, has raised $6.35m (£4.9m) in seed funding. Founded in 2021 by Rory Sadler (CEO), Nick Telson-Sillett (CMO), and Andrew Webster (CPO), the London-based startup enables revenue teams to centralise the entire buying journey, from pitch to renewal, into one shared workspace. Click the link below to learn more.

Trumpet, a B2B software sales platform used by companies like OpenTable, has raised $6.35m in seed funding.

13/08/2024

Finnish startup Collo secures €5M to lower emissions from dairy plants!

Collo, a Finnish startup offering IoT analyzers for optimizing industrial liquid processes, has just raised €5 million in growth financing. It was co-led by Swedish SEB Greentech Venture Capital and Dutch deep tech investor FORWARD.one (which backed Rocsys and Sensorfact) and joined by an existing investor, Danish deep tech investor Scale Capital. This investment will allow Collo to expand its solution globally, helping its client to achieve their strategic goals for reducing their emissions and improving their sustainability.

Collo, a Finnish startup offering IoT analysers for optimising industrial liquid processes, has just raised €5 million in growth financing.

11/07/2024

Danish solid oxide electrolyser power startup Dynelectro secures €11M funding!

Dynelectro, a Danish startup specializing in sustainable energy solutions, has raised an €11 million investment. The round was led by Denmark’s Export & Import Fund Organization (EIFO) which recently invested in Danish startups Kvantify and EvodiaBio, Yara Growth Ventures, Vsquared Ventures, PSV DeepTech, The Footprint Firm, and the European Investment Bank (EIB). Dynelectro will utilize the funds for the development of Dynamic Electrolyser Units (DEUs) from 150-kW prototypes to commercial-scale fully modular 1-MW units. This will facilitate a broader deployment into the green hydrogen market.

Dynelectro, a Danish startup specialising in sustainable energy solutions, has raised an €11 million investment.

09/07/2024

Swedish AI startup Hypertype bags €600k to supercharge customer support!

Hypertype, a female-founded customer communication automation startup, has successfully raised €600,000 (£506,500) in a recent fundraising round, further boosting Sweden’s growing AI landscape. The investment, spearheaded by Butterfly Ventures and Bust, indicates increasing faith in AI-powered solutions for improving customer care and sales processes. Established in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype has quickly established itself as a mere AI startup to a disruptive force in the martech industry. The company’s cutting-edge AI service enables customer support representatives and salespeople to automate and streamline communications, addressing a crucial challenge in customer-facing roles.

Hypertype has successfully raised €600k in a recent fundraising round, further boosting Sweden's growing AI landscape.

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