OpenAI-backed humanoid robotics firm 1X raises €91.1M to …
Oslo-based 1X Technologies, an AI and robotics company producing androids capable of human-like movements and behaviours, announced that it has secured $100M (approximately €91.14M) in a Series B round of funding.. In March 2023, 1X raised $23.5M in a Series A2 round of funding. The company, backed by OpenAI and Tiger Global, has now raised over $125M in under a year after its Series A funding.
US-based Cognition launches world’s first AI Software Engineer: …
Vigneshwar Ravichandran. Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena.
PhotonVentures secures investment from Invest-NL, others
Vigneshwar Ravichandran. Eindhoven-based PhotonVentures, a deep tech venture capital firm, announced that it has secured €5M investment from Invest-NL and a group of new private investors. Invest-NL joins a group of prominent tech investors, family offices, the Brabant Development Agency (BOM), PhotonDelta, Oost NL, the University of Twente ...
UK space robotics startup Lodestar secures €2.3M Silicon Canals
London-based Lodestar Space, a company building tools for the new space age, has closed its $2.5M (approximately €2.30M) pre-seed funding round.. The round was co-led by deep tech venture capital funds Inflection.xyz and Lunar Ventures. Other participants included Charlie Songhurst, Zehan Wang, Mehdi Ghissassi, and the UK Space Agency, which provided non-dilutive funding.
Humanoid robotics company 1X raises €21.8M from OpenAI, Tiger …
Oslo-based 1X Technologies, an engineering and robotics company producing androids capable of human-like movements and behaviours, announced on Thursday, March 23, that it has raised $23.5M (nearly €21.8M) in a Series A2 round of funding.. The OpenAI Startup Fund led the round, with participation from Tiger Global and a group of Norway-based investors, including Sandwater, Alliance Ventures ...
Copenhagen Atomics secures €20M to advance thorium nuclear …
Copenhagen Atomics, a Danish company developing mass-manufacturable molten salt reactors (MSR), announced that it has raised €20M in a fresh round of funding to accelerate the development of thorium molten salt reactors.. Thomas Jam Pedersen, co-founder of Copenhagen Atomics, says, “This funding will accelerate our technology development and support our roadmap towards commercial reactors ...
Rotterdam’s RanMarine Technology to go public on Nasdaq Stock …
Vigneshwar Ravichandran. Rotterdam-based RanMarine Technology, a company specialises in industrial autonomous surface vessels (ASV’s), on Friday, November 17, announced its plan to go public through IPO on the Nasdaq Stock Exchange. The IPO of RanMarine will be conducted on the Nasdaq Stock Exchange and is being managed by WallachBeth Capital.
How Winc Academy is making in-demand digital skills accessible
March 25, 2024. News. Winc Academy is an online tech academy for learning in-demand digital skills. At the start of the pandemic, the world not only came to a standstill but also realised that education need not be in person. While online learning was already a thing, the pandemic gave it a boost and welcomed all of us to the world of hybrid ...
Railsbank becomes Railsr: Here’s the rationale behind the rebrand
London-based Railsbank, a fintech company with an open banking API and platform that provides regulated and unregulated companies access to global banking, announced on Tuesday that it has renamed itself as Railsr.. The company also announced the launch of a new rewards programme, indicating that it is ready to design and implement the next step in the consumer financing journey.
London’s Notpla raises €11.7M to develop seaweed-based …
London-based Notpla, a sustainable packaging startup, announced that it has raised £10M (approx €11.7M) in its Series A round of funding.The round was led by Bangkok-based Horizons Ventures. The round also saw participation from existing investors including Astanor Ventures, Lupa Systems, and Torch Capital.