Combining AI & MRI: German deep-tech startup Orbem raises …
WEBOct 12, 2023 · German deep tech startup Orbem has raised €30M in its Series A funding round. With this investment, Orbem aims to harness AI to industrialise accessible, cost-effective, and efficient MRI technology.. The investment was led by venture capital firm 83North, with support from new investor La Famiglia and existing investors The Venture Collective, Possible Ventures, and Dr. Rüdiger Schmidt.
Proxima Fusion spins out of Max Planck Institute for Plasma …
WEBMunich-based Proxima Fusion, a startup designing fusion power plants based on the stellarator concept, announced on Tuesday, that it has raised €7M in a pre-seed round of funding.. Jorrit Lion, co-founder of Proxima and an expert in the modelling of stellarator power plants, says, “We are building on decades of visionary investment by the German government in stellarator technology.”
UK’s NexGen Cloud announces $1B investment in Europe’s first AI ...
WEBSep 27, 2023 · UK-based NexGen Cloud, a sustainable Infrastructure-as-a-Service provider and an elite member of the NVIDIA Partner Network, announced on Wednesday that it plans to invest $1B (approximately €947.32M) to build one of Europe’s first AI Supercloud deployments.. The firm has already committed $576M to hardware orders with suppliers. This investment aims to support the development and growth ...
Fairphone raises €2.5M with crowdfunding: Can Amsterdam-based ...
WEBFairphone has raised around €2.5 million in a crowdfunding campaign through Oneplanetcrowd investment platform.
Climate tech startup 1KOMMA5° secures €430M to reach €1B …
WEBThe German startup has raised €430M in a Series B round that helped it reach a valuation of €1B in just 23 months. According to Dealroom, climate tech is one of the fastest growing as venture capital is shifting focus to new emerging segments. The deal announced today by 1KOMMA5° shows how impact startups helping meet UN’s sustainable ...
BAE Systems’ PHASA-35® Completes First Successful ... - Silicon …
WEBJuly 14, 2023. LONDON– (BUSINESS WIRE)–British engineers have successfully completed a stratospheric flight trial of BAE Systems’ High Altitude Pseudo Satellite (HAPS) Uncrewed Aerial System (UAS) – PHASA-35. Over a 24-hour period, PHASA-35 soared to more than 66,000 feet, reaching the stratosphere, before landing successfully.
Dutch software startup ChainPoint acquired by California-based …
WEBVigneshwar Ravichandran. Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena.
Top 13: These world-famous tech biggies are from Sweden
WEBMar 18, 2019 · King. Founders – Riccardo Zacconi, Toby Rowland, Melvyn Morris, Thomas Hartwig, Sebastian Knutsson, Lars Markgren and Patrik Stymne. Funding raised – €76.4 million. King was founded in 2003 and is the company behind some of the most popular casual video games. Notably, Candy Crush is the biggest hit of King.
OpenAI-backed humanoid robotics firm 1X raises €91.1M to …
WEBOslo-based 1X Technologies, an AI and robotics company producing androids capable of human-like movements and behaviours, announced that it has secured $100M (approximately €91.14M) in a Series B round of funding.. In March 2023, 1X raised $23.5M in a Series A2 round of funding. The company, backed by OpenAI and Tiger Global, has now raised over $125M in under a year after its Series A funding.
Swedish fintech Northmill receives a banking license, should …
WEBAs for the UK-based fintech startup Revolut, it offers multiple banking services like get a mobile-based current account that allows one to exchange, transfer and hold without any additional fees.Alongside money transfers, the company also lets people exchange cryptocurrencies. Similarly, Northmill will also compete with Monzo, the London-based digital-only bank platform.
Skip to content