PolyAI raises $50M at $500M Valuation to advance AI-Powered Enterprise Solutions

London-based PolyAI, known for its customer-led voice assistants for enterprises, has successfully raised $50 million (€46 million) in a recent funding round, achieving a valuation of $500 million (€460 million). The round was led by Hedosophia and NVentures, the venture capital arm of NVIDIA, with participation from existing investors Khosla Ventures and Point72 Ventures.

United Kingdom

PolyAI raises $50M at $500M Valuation to advance AI-Powered Enterprise Solutions

Germany

Caeli Wind secures €11M in Series A Funding to advance Wind Energy Solutions

Berlin-based Caeli Wind, a platform dedicated to assessing and promoting wind energy locations, has successfully raised €11 million in a Series A funding round.

Switzerland

SwissDrones raises €9.2M to enhance Aerial Intelligence Solutions

Zurich-based SwissDrones, an aerial intelligence company, has secured $10 million (approximately €9.2 million) in a Series B equity growth funding round. This investment was led by a consortium including DiamondStream Partners, Chevron Technology Ventures, Ingleside Investors, and existing shareholders.

Sweden

Norrsken VC closes second Impact Fund at €320 Million

Stockholm-based Norrsken VC has announced the closing of its second fund, Norrsken VC Fund II, at €320 million, surpassing its initial target of €250 million. This makes it the largest early-stage generalist impact fund in Europe.

Netherlands, Romania

Magic Lane secures €3 Million to revolutionize the Location Industry

Amsterdam and Romania-based startup Magic Lane has successfully raised €3 million to advance its innovative mapping and location platform. This investment round was led by the Dutch venture capital firm No Such Ventures, supporting Magic Lane's mission to reshape the location industry.

United Kingdom

UK’s tiney raises €8.3 Million to expand Childcare Services

London-based tiney, a startup specializing in early childhood education, has raised £7.2 million (approximately €8.3 million) in a Series A funding round. The round was led by Mustard Seed Partners and included participation from PortfoLion, Sparkmind, and Rubio.

United Kingdom

UBIQ from London secures €4.64M from Blackbaud to modernize School Admissions Processes

London-based UBIQ, a company committed to innovating how schools market and communicate, has secured £4M (approximately €4.64M) in a strategic investment from Blackbaud, a prominent software provider for social impact. This funding aims to support the launch of UBIQ’s first Digital Experience Ecosystem (DXE) for schools, AMAIS.

United Kingdom

Refreshworks from Netherlands raises €750K to drive AI Adoption in Dutch Businesses

The Hague-based Refreshworks, a leader in AI business transformations, has secured €750K from eleven angel investors specializing in technology, compliance, safety, and consultancy to further its growth and help the Dutch business community excel in the 4th industrial revolution.

United Kingdom

Pitchdrive from Belgium secures €40M to boost Early-Stage European Startups

Antwerp-based venture capital firm Pitchdrive has successfully raised €40 million for its third fund, Pitchdrive Fund III, aimed at supporting early-stage startups across Europe. This fund was oversubscribed by 30%, exceeding its initial target due to high interest from limited partners (LPs) consisting of entrepreneurs and family offices.

Austria

Viennese scale-up cogvis wins tender in Sweden’s model region Skåne as leading provider of AI-based care technologies in Europe

cogvis emphasizes urgent need for action: Europe will lack 11 million carers by 2030, the use of digital technologies is necessary to overcome the shortage of nursing staff and to ensure the availability of qualitative care for those in need

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Netherlands

PolyAI raises $50M at $500M Valuation to advance AI-Powered Enterprise Solutions

PolyAI raises $50M at $500M Valuation to advance AI-Powered Enterprise Solutions

Caeli Wind secures €11M in Series A Funding to advance Wind Energy Solutions

SwissDrones raises €9.2M to enhance Aerial Intelligence Solutions

Norrsken VC closes second Impact Fund at €320 Million

Magic Lane secures €3 Million to revolutionize the Location Industry

UK’s tiney raises €8.3 Million to expand Childcare Services

UBIQ from London secures €4.64M from Blackbaud to modernize School Admissions Processes

Refreshworks from Netherlands raises €750K to drive AI Adoption in Dutch Businesses

Pitchdrive from Belgium secures €40M to boost Early-Stage European Startups

Viennese scale-up cogvis wins tender in Sweden’s model region Skåne as leading provider of AI-based care technologies in Europe

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Axelera AI raises €61.6M Grant to advance AI Chiplet Development for Supercomputing

Alternative Startup Funding: Grants, Crowdfunding, and Revenue-Based Financing

IDnow acquired by Corsair Capital in €273M Deal to expand Identity Verification Services

CollX secures $10M to expand AI-Powered Trading Card Marketplace

Renaissance Fusion secures €32M to simplify and scale Stellarator Fusion Reactors

Ataraxis AI secures $20M to reduce unnecessary Chemotherapy with AI-Powered Cancer Predictions