Databricks targets steep growth after historic funding round
Databricks' recent $10 billion funding reflects the growing demand for AI technology and positions the company for aggressive international and product expansion.
Perplexity AI triples its valuation in about 6 months with latest $500M funding round
Perplexity AI's valuation surged to $9 billion after a $500 million funding round, illustrating the rapid growth of AI startups this year.
Databricks nears 9.5 billion mega-investment
Databricks plans to raise $9.5 billion to strengthen its market position and expand its data intelligence capabilities.
The AlleyWatch Startup Daily Funding Report: 12/17/2024
NYC startups secured significant venture capital funding in recent deals, showcasing investor interest in diverse technological solutions.
The AlleyWatch Startup Daily Funding Report: 12/4/2024
S.MPLE has secured $45M funding to automate administrative tasks in real estate, showcasing AI's potential in the industry.
Meez Culinary Solutions raised $8.9M to enhance recipe management in culinary organizations, attracting significant investor interest.
European Solo GP Robin Capital closes first fund with 15M to play with | TechCrunch
Robin Capital has successfully raised €13 million for its fund, targeting European B2B SaaS startups amidst challenging market conditions.
Databricks targets steep growth after historic funding round
Databricks' recent $10 billion funding reflects the growing demand for AI technology and positions the company for aggressive international and product expansion.
Perplexity AI triples its valuation in about 6 months with latest $500M funding round
Perplexity AI's valuation surged to $9 billion after a $500 million funding round, illustrating the rapid growth of AI startups this year.
Databricks nears 9.5 billion mega-investment
Databricks plans to raise $9.5 billion to strengthen its market position and expand its data intelligence capabilities.
The AlleyWatch Startup Daily Funding Report: 12/17/2024
NYC startups secured significant venture capital funding in recent deals, showcasing investor interest in diverse technological solutions.
The AlleyWatch Startup Daily Funding Report: 12/4/2024
S.MPLE has secured $45M funding to automate administrative tasks in real estate, showcasing AI's potential in the industry.
Meez Culinary Solutions raised $8.9M to enhance recipe management in culinary organizations, attracting significant investor interest.
European Solo GP Robin Capital closes first fund with 15M to play with | TechCrunch
Robin Capital has successfully raised €13 million for its fund, targeting European B2B SaaS startups amidst challenging market conditions.
Delft-based GEHECO raises 350K in funding from UNIIQ
GEHECO's innovation simplifies geothermal heat pump installation, promoting carbon-neutral heating solutions and contributing to sustainability goals. Funding will aid its development.
Google gives San Jose $5M for community benefits - San Jose Spotlight
Google has contributed an additional $5 million to San Jose's community benefits, primarily supporting under-resourced communities through a grant program.
Exclusive: In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
Anysphere's Cursor has shown remarkable growth, raising $100 million at a $2.6 billion valuation within months, highlighting its leadership in the crowded AI coding assistant market.
Upvest Secures 83M to Drive UK Expansion, Plans to Add 50 London-Based Staff
Upvest aims to expand its presence in the UK market by hiring 50 staff after securing 100M in Series C funding.
Veeam valuation rises to 14.2 billion euros on way to IPO
Veeam secures a $2 billion investment, pushing its valuation to $15 billion and paving the way for an IPO.
Exclusive: In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
Anysphere's Cursor has shown remarkable growth, raising $100 million at a $2.6 billion valuation within months, highlighting its leadership in the crowded AI coding assistant market.
Upvest Secures 83M to Drive UK Expansion, Plans to Add 50 London-Based Staff
Upvest aims to expand its presence in the UK market by hiring 50 staff after securing 100M in Series C funding.
Veeam valuation rises to 14.2 billion euros on way to IPO
Veeam secures a $2 billion investment, pushing its valuation to $15 billion and paving the way for an IPO.
The journalism industry has recognized that one-size-fits-all revenue solutions do not exist.
Nanoramic Secures $44 Million Funding to Revolutionize Battery Technology with Neocarbonix
Nanoramic raised $44 million to commercialize its Neocarbonix® technology, revolutionizing battery manufacturing with safer, sustainable alternatives.
In other news this week: Utrecht's Happybase bags 650K, Themis secures 8.7M to combat financial crime, SNIPR Biome gets 20M from EIB and more - Silicon Canals
Startups in sectors like agritech and biotech are securing significant funding to innovate and enhance sustainability in their respective industries.
German e-aviation company VRIDION bags 14M - Silicon Canals
VÄRIDION has raised €14M to advance development of a zero-emission electric Microliner, targeting commercial flights by 2030.
Belgium's Powernaut powers up with 2.4M: Co-founder & CEO Florentijn Degroote on decentralising the energy sector, business model, revenue projections, and more - Silicon Canals
Powernaut secures €2.4M funding to accelerate expansion and innovate in energy management using AI and software solutions.
Eindhoven's eLstar Dynamics bags 10M to advance sustainable glass tech
eLstar Dynamics secured €10M funding to develop smart glass solutions, aiming for commercialisation while promoting sustainability and net zero emissions.
Impact investment enters the chat
The journalism industry has recognized that one-size-fits-all revenue solutions do not exist.
Nanoramic Secures $44 Million Funding to Revolutionize Battery Technology with Neocarbonix
Nanoramic raised $44 million to commercialize its Neocarbonix® technology, revolutionizing battery manufacturing with safer, sustainable alternatives.
In other news this week: Utrecht's Happybase bags 650K, Themis secures 8.7M to combat financial crime, SNIPR Biome gets 20M from EIB and more - Silicon Canals
Startups in sectors like agritech and biotech are securing significant funding to innovate and enhance sustainability in their respective industries.
German e-aviation company VRIDION bags 14M - Silicon Canals
VÄRIDION has raised €14M to advance development of a zero-emission electric Microliner, targeting commercial flights by 2030.
Belgium's Powernaut powers up with 2.4M: Co-founder & CEO Florentijn Degroote on decentralising the energy sector, business model, revenue projections, and more - Silicon Canals
Powernaut secures €2.4M funding to accelerate expansion and innovate in energy management using AI and software solutions.
Eindhoven's eLstar Dynamics bags 10M to advance sustainable glass tech
eLstar Dynamics secured €10M funding to develop smart glass solutions, aiming for commercialisation while promoting sustainability and net zero emissions.
Relai secures $12M Series A funding to boost Bitcoin adoption in Europe.
The app targets 1 million downloads by 2025 amidst strong growth.
Relai aims for compliance with MiCA to enhance user trust and accessibility.
German fintech company Upvest raises 100M - Silicon Canals
Upvest raised €100M to enhance its investment infrastructure, expand its team, and simplify investment processes for financial institutions and fintechs.
UK's Volume bags 5.7M funding - Silicon Canals
Volume secures $6M funding to scale A2A payment solutions, aiming to eliminate payment fees and enhance transparency for businesses and consumers.
Upvest - which powers stock trading on Revolut, N26, Bunq - secures 100M
Upvest integrates investment products into European neobanks, recently raised €100M to expand, enhancing market reach and product offerings.
Relai secures $12M Series A funding to boost Bitcoin adoption in Europe.
The app targets 1 million downloads by 2025 amidst strong growth.
Relai aims for compliance with MiCA to enhance user trust and accessibility.
German fintech company Upvest raises 100M - Silicon Canals
Upvest raised €100M to enhance its investment infrastructure, expand its team, and simplify investment processes for financial institutions and fintechs.
UK's Volume bags 5.7M funding - Silicon Canals
Volume secures $6M funding to scale A2A payment solutions, aiming to eliminate payment fees and enhance transparency for businesses and consumers.
Mayor announces 300,000 of funding for Crisis to extend accommodation for rough sleepers throughout January - London Business News | Londonlovesbusiness.com
Mayor Khan pledges £300,000 funding to extend support for the homeless through Crisis and St Mungo's.
Atom Accelerator Puts Weight Behind CosmWasm Coalition, Offers Matching Funding With Neutron | HackerNoon
Atom Accelerator and Neutron are jointly funding $500,000 to support CosmWasm's development, crucial for the Cosmos ecosystem's functionality and growth.
Freya Cultivation Systems bags 500K funding - Silicon Canals
Freya Cultivation Systems raises €500K for pilot projects to validate its Aeroframe system, enhancing greenhouse cultivation and aiming for €3M in sales.
Labour responds to 'abolishing' BBC TV licence for UK households
The BBC licence fee will increase to £174.50 in April 2025, sparking discussions on its future funding and the BBC's role in society.
Pontoon Dock DLR station upgrade being accelerated
Pontoon Dock DLR station upgrades are accelerated to meet demand from nearby housing developments and a looming funding deadline.
IRS recovers $4.7B in back taxes, braces for Trump cuts
The IRS has recovered $4.7 billion due to enhanced funding and improvements in operations since the 2022 tax law.
Serena's husband gifts donation to UVA women
Alex Ohanian's transformational gift aims to elevate Virginia women's basketball into a premier program, reflecting a shift in investment in women's sports.
DBT gives 230k injection to drive digital transformation among north west SME manufacturers
SME manufacturers in the North West of England receive £230,000 funding to adopt advanced digital technologies and improve competitiveness.
Soros' Open Society Foundations reiterates its commitment to human rights
Open Society Foundations reaffirms its support for human rights despite recent internal changes and organizational restructuring.
Council Member Williams introduces bill aimed at strengthening funding for city's human rights agencies - QNS
Council Member Nantasha Williams introduces legislation to secure minimum funding standards for civil rights agencies in response to rising hate crimes.
The legislation aims to double funding for civil rights agencies, allowing enhanced staffing and resource allocation to address ongoing issues.
Soros' Open Society Foundations reiterates its commitment to human rights
Open Society Foundations reaffirms its support for human rights despite recent internal changes and organizational restructuring.
Council Member Williams introduces bill aimed at strengthening funding for city's human rights agencies - QNS
Council Member Nantasha Williams introduces legislation to secure minimum funding standards for civil rights agencies in response to rising hate crimes.
The legislation aims to double funding for civil rights agencies, allowing enhanced staffing and resource allocation to address ongoing issues.
Palmer Luckey's defense tech company will make next-gen military aircraft with Archer
Archer Aviation is partnering with Anduril Industries to develop military aircraft, backed by $450 million in funding.
Anybotics raises $60M to bring more autonomous industrial robots to the U.S. | TechCrunch
Anybotics has raised a total of $110 million in Series B funding to enhance its quadruped inspection robot, Anymal, for industrial applications.
Opinion: To boost BART, make rides free and raise taxes to cover costs
BART faces a $350 million deficit and suggests funding transit entirely through taxes for free rides.
Amsterdam's deep tech startup CarbonX raises 4M
CarbonX has secured an additional €4M funding to enhance sustainable battery anode development, aiming to reduce dependency on graphite sourced from China.
National Growth Fund invests 1.4M in seven Twente-based biotech projects
Seven biotechnology projects from Twente received €1.4M funding, highlighting regional innovation and leadership in biotechnology.
German energy startup SpotmyEnergy bags 10.5M - Silicon Canals
SpotmyEnergy secured €10.5M in funding to enhance their energy management solutions and meet the growing demand for smart energy technologies.
Arctic Instruments secures €2.35M for developing superconducting microwave amplifiers to enhance quantum computing capabilities.
Planet A Foods nabs $30M to make tons more cocoa-free chocolate | TechCrunch
Planet A Foods is revolutionizing chocolate production with a sustainable, cocoa-free alternative, raising $30 million to enhance production capacity and foster international growth.