United States

Microsoft invests €15M in French AI Company Mistral AI amid EU Scrutiny

Mistral AI, a Paris-based company specializing in generative artificial intelligence, has announced a significant €15M investment from Microsoft. This investment is part of a partnership aimed at providing developers with greater access to Mistral AI's technology, including its flagship product, Mistral Large, a language model designed to rival top-tier models like OpenAI’s GPT-4.

France, United States

Microsoft invests €15M in French AI Company Mistral AI amid EU Scrutiny

United States

Gradial secures $5.4 Million to integrate AI into Enterprise Marketing Workflows

Gradial, an innovative artificial intelligence startup, has announced a $5.4 million seed funding round led by Madrona, with contributions from General Advance, Outsiders Fund, and Space Capital.

United States

Horizon Capital closes Ukraine-Focused Fund at €323M by surpassing Initial Target

Horizon Capital, a private equity firm based in the US, has announced the successful closure of its latest Ukraine-focused fund, the Horizon Capital Growth Fund IV (HCGF IV), on February 23. The fund raised $350M (approximately €323M) in commitments during its final closing in Tokyo, exceeding its initial target of

Switzerland, United States

Datasite acquires Zurich-Based Sherpany to enhance Board Reporting and Meeting Management

Datasite, a leading SaaS company based in Minnesota, has announced the acquisition of Sherpany, a provider of board reporting and meeting management software headquartered in Zurich. The terms of the agreement have not been disclosed, but the transaction is expected to close in Q1 2024, pending closing conditions.

United States

Rasa from San Francisco secures $30M in Series C to propel Conversational AI forward

Rasa, the generative conversational AI platform headquartered in San Francisco, has successfully closed a $30 million Series C funding round. The investment, co-led by StepStone Group and PayPal Ventures, with significant contributions from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures, aims to fuel Rasa's innovation in the AI market

United States

Zum drives forward with $140M Funding for AI-Powered School Transportation

California-based Zum, a modern student transportation provider, is revolutionizing the school bus system in the US with its focus on digitization and electrification. Founded by Indian-origin entrepreneur Ritu Narayan, Zum has raised $140 million in Series E funding, led by Singapore-based GIC, with participation from Climate Investment and existing investors

United States

Alinea Invest raised $3.4M to empower Gen Z Women with AI-Driven Financial Platform

Alinea Invest, a fintech app designed for Gen Z women, has announced a $3.4 million seed funding round to enhance its AI-powered wealth management platform. This funding milestone follows the app's successful launch, which saw 225,000 downloads and profitability with a $1.8 million revenue run rate.

United States

Neocis secures $20M to advance Robotic-Assisted Dental Implant Surgery

Miami-based Neocis, a pioneer in robotic dental surgery, has successfully raised $20 million in a new funding round to further develop its innovative robotic dental assistant. This round was led by Mirae Asset Capital/Mirae Asset Venture Investment, with NVentures, NVIDIA’s venture capital arm, also participating.

Canada, United States

Digs secures $7 Million in Funding for Home Builder Collaboration Platform

Vancouver, Washington–based Digs, a leading collaboration platform for the homebuilding industry, has successfully doubled its seed funding to $14 million. This extension adds another $7 million to its initial 2023 seed round, backed by the Oregon Venture Fund (OVF) and Legacy Capital Ventures, alongside continued support from existing investors such

United States

ElevenLabs achieves Unicorn Status with $80M Series B Funding for Voice AI Innovation

ElevenLabs, a pioneering voice AI research and deployment company, has announced a monumental $80M (approximately €73.46M) Series B funding round, catapulting the company into unicorn territory with a valuation of $1.1B (nearly €1.01B), as reported by Bloomberg.

The best Articles in our Network

United States

United States

Microsoft invests €15M in French AI Company Mistral AI amid EU Scrutiny

Microsoft invests €15M in French AI Company Mistral AI amid EU Scrutiny

Gradial secures $5.4 Million to integrate AI into Enterprise Marketing Workflows

Horizon Capital closes Ukraine-Focused Fund at €323M by surpassing Initial Target

Datasite acquires Zurich-Based Sherpany to enhance Board Reporting and Meeting Management

Rasa from San Francisco secures $30M in Series C to propel Conversational AI forward

Zum drives forward with $140M Funding for AI-Powered School Transportation

Alinea Invest raised $3.4M to empower Gen Z Women with AI-Driven Financial Platform

Neocis secures $20M to advance Robotic-Assisted Dental Implant Surgery

Digs secures $7 Million in Funding for Home Builder Collaboration Platform

ElevenLabs achieves Unicorn Status with $80M Series B Funding for Voice AI Innovation

The best Articles in our Network

Cherryrock Capital closes $172M Fund to back diverse Founders at Series A and B Stages

Afore Capital secures $185M for Pre-Seed Fund and launches Founder-In-Residence Program

Polestar Capital launches €500M Fund to accelerate Zero-Emission Mobility in Europe

Valar Atomics emerges from Stealth with $19M to build High-Temperature SMRs

73 Strings secures €52.7M to expand AI-Powered Financial Intelligence Platform

Spore.Bio secures $23M to revolutionize Microbiology Testing with AI