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

Akhetonics, a Berlin-based startup pioneering the world’s first true all-optical digital processor, has raised €6 million in a funding round led by Matterwave Ventures. Other participants included 468 Capital, Bayern Kapital, Runa Capital, and Rheingau Founders.

Germany

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

United States, Startup Ecosystem

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

The startup landscape in the United States continues to thrive in 2024, with groundbreaking companies leading innovation across diverse industries. From artificial intelligence and healthcare to sustainable fashion and fintech, American startups are redefining global markets. In this article, we’ve curated a list of top 10 startups in the USA

Canada

Nurau from Montreal secures $1.5M CAD to expand AI-Powered HR Coaching Platform to the US

Montréal-based AI startup Nurau has raised $1.5 million CAD in a seed funding round led by Investissement Québec, with participation from ACET Capital and angel investor Sylvain Authier. The funding will support Nurau’s expansion into the US market, improve sales development, and enhance its AI-powered HR coaching platform, eCoach.

France

Argil raises €4.9M to transform Video Creation with AI-Powered Avatars

Argil, a Y Combinator-backed startup offering AI tools for the creator economy, has raised €4.9 million in combined pre-seed and seed funding rounds. Led by EQT Ventures, the funding included participation from prominent YouTuber Kwebblekop and Charles Gorintin, co-founder of Alan and advisor at Mistral AI.

United Kingdom

Molyon secures €4.3M to advance Lithium-Sulfur Battery Technology

Molyon, a Cambridge-based startup pioneering next-generation lithium-sulfur (Li-S) batteries, has raised €4.3 million ($4.6 million USD) in its first funding round. The round was co-led by IQ Capital and Plural, with the funds directed toward scaling its team and manufacturing at its pilot facility in Cambridge.

Germany

HyperHeat from Germany secures €3.5M to decarbonize High-Temperature Industries

Offenburg-based HyperHeat, a startup revolutionizing industrial heat with renewable energy, has raised €3.5 million in funding. The round was led by the Amadeus APEX Technology Fund, with participation from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and angel investors. The funds will accelerate R&D and prepare the company’s first

United Kingdom

Vertical Aerospace raises €47.6M to propel Electric Aviation with VX4 Aircraft

Bristol-based Vertical Aerospace, a leader in sustainable electric aviation, has secured €47.6 million ($50 million USD) in funding as part of a €171.1 million ($180 million USD) financial restructuring deal with Mudrick Capital Management. This funding bolsters Vertical’s financial stability and supports its ambitious Flightpath 2030 Strategy.

France

Mago from France secures €1.5M to revolutionize Video Transformation with AI

French AI startup Mago has raised €1.5 million in a pre-seed funding round led by Atlantic Labs. The funding will support team expansion, accelerate product development, and prepare for a market launch in early 2025.

Canada

OraQ AI from Canada secures $2.6M to revolutionize Dental Patient Risk Assessment with AI

Calgary-based healthtech startup OraQ AI has raised $2.6 million CAD in seed funding to advance its clinical decision support platform for dental practices. The round was led by AngelMD, with participation from the Centre for Aging + Brain Health Innovation, Startup TNT, and various dentists, physicians, and family offices.

Sweden

Candela from Sweden raises €13.3M to scale Electric Hydrofoil Ferries and expand in the US

Stockholm-based Candela, a pioneer in electric hydrofoil boats and ferries, has raised an additional €13.3 million ($14 million USD) in its Series C funding round. This brings the company’s total funding for 2024 to over $40 million USD.

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Canada

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

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

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

Nurau from Montreal secures $1.5M CAD to expand AI-Powered HR Coaching Platform to the US

Argil raises €4.9M to transform Video Creation with AI-Powered Avatars

Molyon secures €4.3M to advance Lithium-Sulfur Battery Technology

HyperHeat from Germany secures €3.5M to decarbonize High-Temperature Industries

Vertical Aerospace raises €47.6M to propel Electric Aviation with VX4 Aircraft

Mago from France secures €1.5M to revolutionize Video Transformation with AI

OraQ AI from Canada secures $2.6M to revolutionize Dental Patient Risk Assessment with AI

Candela from Sweden raises €13.3M to scale Electric Hydrofoil Ferries and expand in the US

The best Articles in our Network

Kraaft from Fance secures €13M to expand ‘WhatsApp for Construction’ App across Europe

Moment Energy secures $21.5M CAD to expand EV Battery Repurposing Operations

Sereact from Germany raises €25M to enhance AI-Powered Robotics for Logistics and Manufacturing

Aegis Energy secures €118M to develop Clean Energy Hubs for Commercial Vehicles in the UK

H2SITE secures €36M to tackle Hydrogen Supply Chain Challenges

The51 secures $51M to boost Food and AgTech Innovation