Microsoft and Google-backed AI legaltech startup Definely raises $7m

Microsoft and Google-backed AI legaltech startup Definely raises m

Definely, a legaltech startup backed by Microsoft and Google, has secured a $7 million Series A funding round led by Octopus Ventures, with contributions from Cornerstone VC and Zrosk Investment Ltd, among others. This investment will further fuel the development of Definely’s AI-powered software, designed to assist lawyers in understanding and editing documents more efficiently. … Read more

Stonal raises €100M to scaleup its AI-powered proptech platform

Stonal raises €100M to scaleup its AI-powered proptech platform

Stonal, a French proptech company has secured a significant €100 million investment from Aareon, a leading provider of SaaS solutions for the property industry. This funding underscores the growing demand within the real estate sector for advanced technological solutions to tackle its pressing challenges. Founded in 2017, Stonal specializes in data management for real estate … Read more

Wayve raises $1B Series C funding round led by SoftBank, Europe’s largest AI round

Wayve raises B Series C funding round led by SoftBank, Europe’s largest AI round

UK-based autonomous vehicle startup Wayve has secured a staggering $1.05 billion in its Series C funding round, led by SoftBank and supported by tech giants NVIDIA and Microsoft. This round marks Europe’s largest AI investment to date for a startup, bringing Wayve’s total funding to $1.26 billion. Wayve specializes in developing AI software for autonomous … Read more

Berlin-based greentech startup “everyone energy” raised over €1M

Berlin-based greentech startup “everyone energy” raised over €1M

Berlin-based greentech startup everyone energy has secured over €1 million in seed financing in a round led by High-Tech Gründerfonds (HTGF) and Cologne-based early-stage VC neoteq ventures. Established in August 2021, everyone energy offers SaaS solutions tailored to provide customizable advisory services on renewable energy solutions. Their white-label software empowers energy service providers to streamline … Read more

Basel-based Allegria Therapeutics raised $3.5 million seed round

Basel-based Allegria Therapeutics raised .5 million seed round

Allegria Therapeutics, based in Basel, Switzerland, has secured $3.5 million in seed financing led b Forty51 Ventures to advance its innovative treatments for mast cell-mediated diseases. Allegria Therapeutics, founded in 2023 by Forty51 Ventures, is dedicated to revolutionizing the treatment of allergy and mast cell-mediated inflammatory diseases. Maria van Dongen, PhD, a co-founder of the … Read more

FreeWire lays off just about everyone

FreeWire lays off just about everyone

FreeWire, known for its innovative EV fast charging solutions, has made the difficult decision to close its corporate headquarters in Newark and lay off the majority of its employees. Despite its groundbreaking technology, which utilizes batteries to store energy and provide fast charging without costly utility buildouts, FreeWire has faced challenges in sustaining its operations. … Read more

Estonian startup raises €42M for ceramic-based electrolysers

Estonian startup raises €42M for ceramic-based electrolysers

Estonian startup Stargate Hydrogen has secured a substantial €42 million in funding for its innovative ceramic-based electrolysis technology, aimed at advancing green hydrogen solutions. The investment, led by UG Investments and supplemented by grant financing from the IPCEI framework, underscores the growing demand for sustainable energy solutions worldwide. Recognized as an IPCEI project, Stargate Hydrogen … Read more