Germany’s OroraTech secures €25M to combat wildfires with thermal satellites and AI
Munich-based OroraTech, which uses thermal satellites and AI to predict and prevent wildfires, has completed a €25M Series B funding round.
Artificial Intelligence (AI)
Artificial intelligence in practice — what it changes, who it concentrates power for, and how it lands in the businesses and policies of the technology economy.
877 articles · Artificial Intelligence (AI)
France-based Qantev secures €30M to expand its AI claims platform for health & life insurance
Paris-based Qantev, an advanced AI-powered platform for health and life insurance, has raised €30M in a fresh round of funding.
London-based 'Spotify for textbooks' Perlego bags €18.1M from former Tesco CEO Sir Terry Leahy, others
London-based Perlego, an edtech company, announced on Monday that it has secured $20M (approximately €18.1M) in funding led by former Tesco CEO, Sir Terry Leahy.
Sweden’s Lovable secures €6.8M to enable anyone to create software using its AI software engineer
Stockholm-based Lovable, a platform that enables anyone to create software, announced that it closed a $7.5M (approximately €6.83M) pre-seed funding round.
Amsterdam’s Merqato raises funds to empower fruit and vegetable companies with its AI platform
Amsterdam-based Merqato, an AI-powered platform to optimise operational planning, has secured fresh funding from Smarter Ventures.
Microsoft to invest €4.3B in Italy to boost AI infrastructure and cloud capacity: Know more
Microsoft, on Wednesday, announced a €4.3B initiative in the next two years to expand its hyper-scale cloud and AI data center infrastructure in Italy.
OpenAI bags €6B funding at €142B valuation: Know more
OpenAI, the creator of ChatGPT, announced that it has raised $6.6B (approximately €6B) in funding at a $157B (approximately €142B) post-money valuation.
Dutch startup Everday creates 'digital twins' of employees for skills development and recruitment, raises funding
Rotterdam-based Everday, a technology startup offering an AI-driven skill management platform, has secured €300K as part of its pre-seed funding round.
German AI startup Briink secures €3.8M to build the world’s first AI agents designed for ESG teams
Berlin-based Briink, an AI startup focused on supporting ESG (Environmental, Social, and Governance) and sustainability teams, has raised €3.85M in a seed round of funding.
New Swiss unicorn: AI scaleup Orderfox receives €1B+ valuation
Zurich-based Orderfox, an AI scaleup that develops multisector industrial research and analytics solutions, announced on Thursday that it…
Paris-based Dotfile bags €6M to help businesses with compliance landscape with AI
Paris-based Dotfile, a RegTech company, announced on Tuesday that it has secured €6M in the latest fundraising round.
London-based Desia, founded by Scalapay co-founder, secures €3M pre-seed funding
London-based Desia, a system of intelligence and AI productivity for investment professionals, announced on Tuesday that it has secured $3.3M (approximately €3M) in a pre-seed funding round led by Dig Ventures.