VirtualZ Computing Secures $4.9M to Facilitate Mainframe Data Access for Enterprise Innovation

VirtualZ Computing Secures .9M to Facilitate Mainframe Data Access for Enterprise Innovation

VirtualZ Computing, a company offering out-of-the-box solutions to connect mainframes to hybrid clouds for bi-directional data access, has successfully raised $2.2 million in seed financing, led by Next Frontier Capital. Other participating investors include 2M Companies, Innosphere Ventures, and Next Coast Ventures. With this seed funding, VirtualZ has raised a total of $4.9 million to … Read more

Mistral AI Raises €385M in Series A Funding, Confirms Valuation at …

Mistral AI Raises €385M in Series A Funding, Confirms Valuation at …

Mistral AI, the French generative AI startup, has officially confirmed its successful Series A funding round, raising €385 million ($414m). While the company did not disclose its valuation, recent rumors suggested a potential valuation of $2 billion. This funding round comes just seven months after Mistral AI’s impressive €105 million Seed round. Andreessen-Horowitz led the … Read more

Medefy Health Raises $10 million Series A Funding

Medefy Health Raises  million Series A Funding

Medefy Health, a mobile-first healthcare benefits navigation platform, has successfully secured $10 million in Series A funding in a round led by Mercury Fund and with participation from Advantage Capital. The new investment will empower Medefy to enhance its existing technology platform and artificial intelligence capabilities for more efficient operations at scale. Founded in 2018 … Read more

Helicity Space Secures $5 Million in Seed Funding to Propel Fusion-Based Space Exploration

Helicity Space Secures  Million in Seed Funding to Propel Fusion-Based Space Exploration

Commercial space venture Helicity Space has successfully raised $5 million in a seed funding round, attracting investments from notable backers including Airbus Ventures, TRE Ventures, Voyager Space Holdings, E2MC Space, Urania Ventures, and Gaingels. Co-founded by Setthivoine You, former professor in plasma physics at the University of Tokyo and University of Washington, Marta Calvo, previously … Read more

SumUp Raises €285M to expand payment products for small businesses

SumUp Raises €285M to expand payment products for small businesses

SumUp, the fintech company known for its affordable and user-friendly payment products, has successfully concluded a funding round, securing €285 ($306m) million in investment, with Sixth Street Growth leading the round. The company, catering to over four million small businesses globally, has been expanding its product and service offerings, such as the SumUp One multi-product … Read more

Carbon raises $1.3M to help developers manage external data for LLMs

Seattle-based startup Carbon has successfully secured $1.3 million in a seed funding round to support its growth. Co-founded last year by Derek Tu and Aditya Chempakasseril, Carbon specializes in assisting companies in connecting external data sources to their large language models (LLMs). The startup aims to simplify the process for LLMs to access unstructured data … Read more

Eligo Bioscience Raies $30M Series B for its microbiome gene-editing technology

Eligo Bioscience Raies M Series B for its microbiome gene-editing technology

Eligo Bioscience, a pioneering gene-editing company based in France, has successfully raised $30 million in a Series B funding round, with Sanofi Ventures leading the investment. The company specializes in addressing diseases linked to the microbiome by employing innovative in-vivo delivery of genetic cargoes to the microbiome. Unlike traditional gene therapy and editing approaches, Eligo’s … Read more