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Funding News
Medium
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Image Credit: Medium
From Horseless Carriages to Cars: Why I Stopped Building a Traditional SaaS
- The author realized the need to shift from building traditional software like form builders to focus on AI-first applications for the future of software development.
- The shift towards conversational AI agents handling interactions naturally is seen as the future, moving away from manual processes like clicking through forms and spreadsheets.
- Investing time in learning AI technologies now is compared to learning to build cars while others perfect their horseless carriages.
- The shift towards AI-generated insights and conversational interfaces is highlighted, emphasizing the importance of preparing for a future without traditional interfaces.
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Nonprofithub
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273
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[PODCAST] The Burnout Trap: Protecting Your Nonprofit Team – Janelle Miller Moravek
- Janelle Miller Moravec, the Executive Director of Youth & Family Counseling (YFC), shares strategies for thriving in nonprofit leadership by reimagining sustainability and focusing on building resilient, mission-driven organizations.
- She emphasizes rethinking productivity standards, tailoring support for novice clinicians, implementing team-based supervisory models, and using data to track burnout indicators.
- Janelle advocates for modeling boundaries and perseverance to help nonprofits and their employees truly thrive.
- Listeners can access free nonprofit professional development resources and connections to peers in the field at nonprofithub.org.
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SiliconCanals
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428
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German drone tech company Wingcopter raises funds as it strengthens leadership team
- German drone technology company Wingcopter secures fresh funding from Nordic Secondary Fund and existing shareholders, including the European Investment Bank.
- Funding influenced by progress towards type certification for delivery drones in the US, Brazil, and Japan, as well as expansion into LiDAR technology for infrastructure surveying.
- Wingcopter's patented Wingcopter 198 drone combines vertical takeoff capabilities with fixed-wing efficiency, while expanding leadership team with Dr. Bernhard Klumpp and Tobias Jordan.
- Wingcopter aims to become a technology champion in Europe with the new financing and leadership team additions, targeting sustainable aerial logistics and data collection markets.
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TechBullion
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278
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How to Start Wealth Creation Investing: A Beginner’s Step-by-Step Guide
- Investing early yields impressive results, even with small amounts and compound interest.
- Start with sound financial foundation, understand investments, attend workshops, and automate savings.
- Follow simple budgeting rules, pay high-interest debt, and build emergency fund first.
- Compound interest and time are key for wealth creation, along with proper asset allocation.
- Strategic investment vehicles like 401(k)s, Roth IRAs, and diversification are crucial.
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Indiabioscience
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167
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In conversation with Shivkumar Kalyanaraman, CEO, Anusandhan National Research Foundation
- Shivkumar Kalyanaraman, CEO of Anusandhan National Research Foundation, discusses shifts in research funding.
- ANRF's Advanced Research Grants fund basic, applied, and translational research, prioritize collaboration and impact.
- Focus on societal benefits, simplified research communication, and technology diffusion for research outcomes.
- Encouragement for collaboration across disciplines, institutions, and countries to foster impactful research.
- Emphasis on impact, collaboration, and efficiency to attract more investment in research.
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SiliconCanals
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Dutch-based ScoutinScience raises nearly €1M to turn scientific research into real-world results
- Dutch AI-powered platform ScoutinScience raises nearly €1M in growth funding for research valorisation and innovation strategy.
- ScoutinScience uses AI to identify technology transfer opportunities in scientific publications for universities, corporations, and investors.
- The funding included support from 819 Capital and angel investors with AI, academic research, and corporate R&D backgrounds.
- ScoutinScience offers AI-powered technology scouting, ecosystem analysis, and innovation strategy development, with recognition from the European Commission for research valorisation.
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Eu-Startups
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Belgian Swave Photonics bags an additional €6 million for their AR technology
- Swave Photonics, a holographic display company based in Leuven, secures an additional €6 million in funding for their Augmented Reality (AR) technology.
- The funding round was led by IAG Capital Partners and included an investment from Samsung Ventures, aiming to accelerate the commercialization of Swave’s holographic display technology.
- Swave's proprietary Holographic eXtended Reality (HXR) display technology utilizes diffractive photonics on CMOS chip-based technology to sculpt high-quality 3D images without the need for waveguides, promising a natural viewing experience and compact form factors.
- The additional funding will support the further development of Swave's technology, as well as the expansion of the company's go-to-market efforts, with the appointment of Derek Jensen as CFO and Head of Corporate Development to help drive growth.
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Medium
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381
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Brihaspathi Technologies Raises $10M to Expand AI Surveillance in India
- Brihaspathi Technologies Limited has raised $10 million from foreign institutional investors to expand AI-driven security in India.
- The funding will support the establishment of a 72,000 sq. ft. CCTV manufacturing facility in Hyderabad, creating over 400 new jobs in AI R&D and hardware production.
- The company plans for an IPO in FY 2026–27 to fuel global expansion while focusing on solving Indian public safety challenges.
- Brihaspathi Technologies has secured a government contract with the Maharashtra State Road Transport Corporation to implement an AI-based CCTV system and is projecting a 30% revenue increase this fiscal year driven by smart city surveillance and AI-based monitoring.
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TechCrunch
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At TechCrunch All Stage, Jahanvi Sardana shares how top startups reshape markets
- TechCrunch All Stage is a founder summit bringing together 1,200 founders and VCs to network and gain insights on scaling startups.
- Jahanvi Sardana, partner at Index Ventures, will discuss assessing Total Addressable Market (TAM) using case studies from successful companies.
- The event offers a chance to learn from Sardana about scaling challenges and strategies for propelling businesses forward.
- Discounted passes are available for the event, where industry leaders like Charles Hudson and Brandon Krieg will also lead sessions.
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TechCrunch
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TechCrunch All Stage: Learn how AI can supercharge your MVPs with Chris Gardner
- TechCrunch All Stage event for startup founders at all funding stages will feature a breakout session by investor Chris Gardner titled 'MVP in the Age of AI: When to Bot and When to Not,' focusing on utilizing AI for minimum viable products.
- Discounts on Investor and Founder Passes for the event with at least $200 off, and additional discounts for group purchases are available for a limited time, providing opportunities to connect with VCs and learn from industry experts.
- The session will provide insights on the benefits and limitations of AI in product development, highlighting the importance of balancing AI assistance with human input for successful products.
- Chris Gardner, an investing partner at Underscore VC, will draw from his experience in fintech and PayPal to share valuable industry insights at the TechCrunch All Stage event in Boston on July 15.
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Medium
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340
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Investing in the Impossible: How We Backed the Hypersonic Vision of Destinus
- Andrey of an investment club embarked on a journey with Destinus, a company aiming to revolutionize global logistics with a hydrogen-powered suborbital aircraft.
- Investors were captivated by Destinus' vision of environmentally friendly door-to-door delivery in under 2 hours, envisioning a carbon-free and hyperfast transportation future.
- The investment in Destinus in 2021 led to substantial growth, successful test flights, and a promising exit in 2025, showcasing a 2.7x return on investment in just over three years.
- The story of Destinus reflects a commitment to supporting innovative ventures that aim to redefine industries and create a more sustainable and efficient future for global transportation.
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Massivelyop
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The best MMO and multiplayer deals from Steam’s summer sale and beyond
- Steam's summer sale is offering discounts on various MMO and multiplayer games.
- Notable deals include discounts on games like New World, Guild Wars 2, RuneScape, Project Gorgon, Elite Dangerous, and more.
- Several games such as Fallout 76, Valheim, and Diablo IV are available at discounted prices.
- Outside of Steam, Battlenet is also offering major sales on games like World of Warcraft and the Diablo franchise.
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Pymnts
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30
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Spinwheel Raises $30 Million to Power Consumer Credit Data Platform
- Spinwheel raised $30 million in new funding to accelerate the development of its artificial intelligence capabilities for consumer credit data.
- The company aims to simplify how consumer liabilities are accessed, activated, and resolved by creating a unified infrastructure layer.
- They collaborate with various financial entities to provide real-time, verified consumer credit data using APIs.
- Spinwheel's technology focuses on two data fields, phone number, and date of birth, to offer a more comprehensive consumer credit profile.
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Eu-Startups
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EarthScale launches new €5.8 million push to boost UK ClimateTech startups
- EarthScale, a UK-wide initiative supported by €5.8 million from the Research England Development Fund, aims to boost ClimateTech startups by helping them move from early-stage innovation to scalable production.
- The 12-month programme involves at least 60 climate-focused startups and provides access to top-tier universities in the UK, offering technical expertise, facilities, strategic scaling advice, and more.
- The initiative leverages the innovation legacies of partner institutions like Imperial College London, Cranfield University, University of Exeter, University of Leeds, and University of Nottingham to support startups' growth.
- EarthScale has already shown success in nurturing startups such as Notpla, Nium, and Multus Biotechnology, with a focus on tackling plastic pollution, low-energy ammonia production, and animal-free growth media for cultivated meat.
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Global Fintech Series
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PureFacts Financial Solutions to Enhance Revenue Management Capabilities with BNY Pershing
- PureFacts Financial Solutions deepens its relationship with BNY Pershing as the select provider for clients' billing and advisor compensation needs.
- The collaboration aims to offer advanced revenue management solutions to complement BNY Pershing's Wove suite of advisory tools, enhancing client engagement.
- This partnership will help wealth management firms optimize revenue and create advisor compensation strategies.
- PureFacts Financial Solutions, founded in 2010, serves over 140 clients with $10 trillion in assets under management, contributing to revenue growth through fee and compensation management.
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