Dryad Networks from Germany secures €6.3M to advance Wildfire Detection Technology

German startup Dryad Networks, based in Eberswalde, has raised €6.3 million to scale its wildfire detection and suppression solutions. The funding includes a €3.8 million grant from the European Regional Development Fund (ERDF) through the Investitionsbank des Landes Brandenburg (ILB), alongside €2.5 million from climate-tech investor First Imagine!.

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Dryad Networks from Germany secures €6.3M to advance Wildfire Detection Technology

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MyFO from Canada secures $3.5M to expand Family Office Management Platform

Vancouver-based startup MyFO, which offers a wealth management platform tailored for family offices, has raised $3.5 million USD (around $4.8 million CAD) in seed funding. The round was led by Rhino Ventures, with participation from Metalab Ventures and a few family offices. The fresh capital will support MyFO in scaling

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Vortexa from UK secures €23M to expand Real-Time Energy and Freight Analytics Platform

London-based Vortexa, a leading provider of real-time energy and freight analytics, has secured €23 million in debt financing from CIBC Innovation Banking.

Canada

Round13 Capital from Canada to acquire TIMIA Group for $6.5M to expand Financing Options

Toronto-based venture firm Round13 Capital is set to acquire TIMIA Group, a Vancouver-based venture debt platform, for $6.5 million CAD.

Finland

DataCrunch from Finland secures €12M to provide Cost-Effective AI Computing Solutions

Helsinki-based AI infrastructure provider DataCrunch has raised €12 million in a seed funding round led by byFounders, with participation from J12 Ventures and several angel investors, including founders from Aiven, Smartly, and former researchers from DeepMind.

Switzerland

Terralayr from Switzerland secures €77M to expand Energy Flexibility Platform

Zug-based energy storage company Terralayr has raised €77 million in funding, including €62 million in equity and €15 million in debt.

United Kingdom

Inforcer secures €17.5M to enhance Microsoft 365 Security Solutions for MSPs

London-based Inforcer, a provider of Microsoft multi-tenant management solutions, has raised €17.5M ($19M) in Series A funding.

United Kingdom

Neuphonic from London bags €3.5M in Pre-Seed Funding to build World’s fastest Text-to-Speech Tech

London-based AI startup Neuphonic, which focuses on revolutionizing human-AI communication with its cutting-edge text-to-speech (TTS) technology, has raised €3.5M in a pre-seed funding round. The investment was led by Moonfire VC, with participation from Tiny VC, Salica Oryx Fund, and Cur8 Capital.

Canada

Blockstream from Canada secures $289M CAD to expand Bitcoin Mining Operations and strengthen Layer-2 Technology

Montréal-based Bitcoin infrastructure company Blockstream has raised $289 million CAD (approximately $210 million USD) through a convertible note financing round. The round was led by repeat investor Fulgur Ventures, bringing Blockstream’s total funding to over $822 million CAD to date.

Switzerland

Ontario launches €146M second Phase of Life Sciences Strategy to boost Research and Innovation

The Government of Ontario has launched the second phase of its life sciences strategy, committing €146 million to strengthen the province’s position as a global hub for biomanufacturing and life sciences innovation.

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Dryad Networks from Germany secures €6.3M to advance Wildfire Detection Technology

Dryad Networks from Germany secures €6.3M to advance Wildfire Detection Technology

MyFO from Canada secures $3.5M to expand Family Office Management Platform

Vortexa from UK secures €23M to expand Real-Time Energy and Freight Analytics Platform

Round13 Capital from Canada to acquire TIMIA Group for $6.5M to expand Financing Options

DataCrunch from Finland secures €12M to provide Cost-Effective AI Computing Solutions

Terralayr from Switzerland secures €77M to expand Energy Flexibility Platform

Inforcer secures €17.5M to enhance Microsoft 365 Security Solutions for MSPs

Neuphonic from London bags €3.5M in Pre-Seed Funding to build World’s fastest Text-to-Speech Tech

Blockstream from Canada secures $289M CAD to expand Bitcoin Mining Operations and strengthen Layer-2 Technology

Ontario launches €146M second Phase of Life Sciences Strategy to boost Research and Innovation

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Aerospace Company PLD Space from Spain bags €11M Loan to develop MIURA 5 Launch Site

Tenstorrent closes $693M Series D and achieves $2.6B Valuation to tackle AI Hardware Market

carbmee from Germany secures €20M to scale AI-Powered Carbon Management Platform

Acorai from Sweden raises €4.2M to advance Non-Invasive Cardiac Monitoring Devices

Akhetonics from Berlin secures €6M to advance All-Optical Digital Processor Technology

Top 10 Startups in the USA in 2024: Innovation Driving the Future