Ayan Capital, a UK-based pioneer in providing halal vehicle financing, has secured up to £25 million in Shariah-compliant funding from Partners for Growth (PFG). The financing deal is based on Ijara wa Iqtina principles, a widely accepted structure in Islamic finance that allows customers to lease assets with an eventual option to buy. With this funding, Ayan […]
London-based artificial intelligence startup Noxus has raised £1.2 million in pre-seed funding to advance its AI workforce platform. The funding round was led by SFC Capital and will support the development and scaling of the company’s technology, as well as its operational expansion. Noxus is focused on helping enterprises integrate AI into their workforce seamlessly, […]
SAN FRANCISCO — Elon Musk’s artificial intelligence company, xAI, has secured $6 billion in a Series C financing round, bringing its total funding to $12 billion. This announcement follows a $6 billion raise earlier in May, as reported by TechCrunch on Wednesday. The latest round saw participation from prominent investors including Andreessen Horowitz, BlackRock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, […]
Munich, 03.12.2024 – The Munich-based B2B fintech startup StrategyBridgeAI hassuccessfully closed an oversubscribed seven-figure pre-seed financing round. The round wasled by D11Z. Ventures with participation from Bayern Kapital and renowned business angelsfrom the fintech, software and private equity sectors, including Kai Hesselmann, Co-Founderof DealCircle. With the new capital, StrategyBridgeAI plans to accelerate product developmentand further […]
UK-based Watercycle Technologies is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority (‘GMCA’), Aer Ventures and the University of Manchester Innovation Factory. This investment will enable Watercycle to rapidly scale up and commercially deploy its technology to deliver […]
Calvin Risk, a Swiss startup spun out of ETH Zurich in 2022, has raised €3.8 million in a seed funding round led by Join Capital and seed + speed Ventures, bringing its total funding to over €4.7 million. The funding will accelerate the development of its cutting-edge AI governance platform, which is designed to empower […]
San Francisco-based SuperAnnotate, a leading AI data management platform, has secured $36 million in a Series B funding round led by Socium Ventures. The round also saw participation from notable investors, including Nvidia, Databricks Ventures, and Play Time Ventures, bringing the company’s total funding to over $53 million. Co-founded by brothers Vahan and Tigran Petrosyan, […]
SAN FRANCISCO–(BUSINESS WIRE)–Writer, a pioneering full-stack generative AI platform for enterprise applications, has announced a successful $200 million Series C funding round, elevating its valuation to $1.9 billion. Co-led by Premji Invest and Radical Ventures, with significant support from existing investor ICONIQ Growth, the funding round also saw participation from Salesforce Ventures, Adobe Ventures, B […]
Stockholm-based startup Nordic Air Defence has secured €1.2 million in a funding round led by Norway’s SNÖ Ventures, with additional participation from notable private investors, to advance its innovative drone defense platform. Sweden’s defense tech innovator, Nordic Air Defence, announced it has raised €1.2 million to accelerate the development and deployment of its breakthrough drone […]
The Hague-based Bubty, a leading provider of Freelance Management Systems (FMS), announced today it has raised an additional €3 million in seed funding from its existing investors. This funding follows an initial €1.73 million round secured nearly a year ago and will drive the company’s global expansion of its compliance-focused solution, Bubty Services. Scaling Compliance […]