Fundraising

Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets

Fundraising /

Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data […]

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Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

Fundraising /

A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)

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This MIT spinout wants to spool hair-thin fibers into patients’ brains

Fundraising /

You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy and Parkinson’s disease.  Famed investor Steve Jurvetson of Future Ventures said that if everything goes

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Netradyne snags $90M at $1.25B valuation to expand smart dashcams for commercial fleets

Fundraising /

Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. For commercial fleets, that’s an expensive challenge to navigate. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data

Netradyne snags $90M at $1.25B valuation to expand smart dashcams for commercial fleets Read More »

Prepaid payments platform Recharge raises €45M to go on M&A spree

Fundraising /

With inflation still stubbornly high in comparison to previous years, and the siren voices of subscription services like Netflix and Spotify continuing to lure, consumers have understandably turned to alternative forms of payment to manage their household bills. As a result, online prepaid payment platforms have benefited.  That’s the bet being laid today by Recharge,

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Loft Orbital lands a fresh $170 million after logging over $500 million of bookings

Fundraising /

Space infrastructure company Loft Orbital has raised $170 million in Series C funding co-led by Tikehau Capital and Axial Partners. Notably, the amount of the Series C financing is greater than the combined $160 million the company has raised since its 2017 inception.  Loft Orbital declined to reveal its valuation. According to PitchBook, its post-money

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As Gen Z job applicants balloon, companies are turning to AI agent recruiters

Fundraising /

According to some of the latest statistics, employers are swamped by job applications. In the UK alone, employers running graduate training schemes received an average of 140 applications for each job in 2024, 59 per cent more than in 2023, according to the Institute of Student Employers. And despite some trepidations amongst a few recruiters,

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Synthesia snaps up $180M at a $2.1B valuation for its B2B AI video platform

Fundraising /

As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created videos are stirring controversy. Synthesia, a London startup building products around highly realistic AI avatar technology, says it’s a big hit with enterprises, with some 60,000 of them — 1 million users —

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Nelly raises $51 million to digitalize medical practices across Europe

Fundraising /

Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised €50 million in funding (around

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A 24-year-old who exited his first company to Coinbase raises $3M for his next venture

Fundraising /

At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount.  Some founders don’t just have one company in them. On Monday, Yebesi announced the launch of his new company, Open Ledger, which embeds automated accounting software into products that enterprises and small

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