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Funding News
Eu-Startups
4w
168
Austrian TravelTech startup chatlyn raises €8 million to develop the “AI brain for hotels”
- Vienna-based chatlyn secures €8 million to become “the AI brain for hotels”.
- AI communication hub aims to optimize hotel operations and enhance guest services.
- Chatlyn's platform integrates real-time translation, automation, and property management systems.
- Funding to drive product innovation, geographic expansion, and team growth for chatlyn.
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Analyticsindiamag
4w
177
Image Credit: Analyticsindiamag
Coralogix introduces Olly, an advanced AI-Powered Observability Agent in India
- Coralogix has launched Olly, an AI-Powered Observability Agent aimed at enhancing enterprise observability.
- Olly allows users at all management levels to access observable data and receive real-time insights.
- Ariel Assaraf, CEO of Coralogix, emphasizes Olly as an intelligent assistant empowering data-driven decision-making.
- The launch in India is part of Coralogix's global expansion drive following a successful $115 million Series E funding round.
- India's observability market is projected to reach $280.3 million by 2030, with a growing demand for scalable observability solutions.
- Olly addresses challenges like managing data volume and quality, leveraging AI to provide contextual insights.
- Observability has gained strategic importance post major outages, emphasizing the need for robust solutions like Olly.
- Platforms like Olly offer real-time feedback, predictive alerts, and deep system visibility, crucial for preventing incidents like the CrowdStrike outage in 2024.
- By embedding intelligence, Olly positions Coralogix at the forefront of AI-native infrastructure.
- Observability is seen as crucial for operational continuity and future autonomous operations.
- Olly combines advanced AI with telemetry data to support smarter decision-making.
- The launch of Olly in India aligns with the increasing demand for observability solutions in the market.
- Coralogix's valuation has surpassed $1 billion, driven by customer growth and demand for observability solutions.
- The launch of Olly comes amidst rising demand for advanced observability solutions in the face of persistent industry challenges.
- Olly's intelligence aims to help enterprises overcome data management issues and AI expertise shortages.
- The introduction of Olly positions Coralogix as a significant player in the observability and AI-powered infrastructure landscape.
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Eu-Startups
4w
53
Unchained Robotics secures €8.5 million to help clients find the right automation technology
- Unchained Robotics secures €8.5 million in Series A extended funding to address automation challenges.
- Funding round backed by Direttissima Growth Partners, Navivo Capital, Future Industry Ventures, vent.io, and D11Z.
- Unchained Robotics aims to simplify automation for SMEs, offering affordable solutions without special expertise.
- Founded in 2019 by Kevin Freise and Mladen Milicevic, the company provides an independent automation platform.
- The company offers configurable solutions and turnkey systems with its LUNA OS software.
- LUNA OS is a standardised control system that simplifies integrating robots into production lines.
- Over 300 European companies, including Vorwerk, are already using Unchained Robotics' solutions.
- Expansion into the U.S. is underway, with a partnership with Albéa Group for automation initiatives.
- Unchained Robotics focuses on standardisation and scalability in robotic automation.
- The company emphasizes the importance of automation in staying competitive, especially in manual tasks.
- Future plans involve enhancing adaptability and learning in robotic systems through AI technology.
- The funding aims to accelerate Unchained Robotics' growth and innovation in the automation sector.
- Christopher Hoffmann of Direttissima Growth Partners highlights the company's role in standardizing automation.
- Automation is seen as key to addressing workforce shortages in manual tasks by 2030.
- Unchained Robotics envisions AI-powered robotic systems that are adaptable and intelligent.
- The company's focus is on bridging intelligent software with physical automation systems.
- The article is eligible for web story generation.
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Medium
4w
37
Image Credit: Medium
AI is Cannibalizing the Hand that Feeds it
- Memory technologies like High Bandwidth Memory (HBM) are vital for AI efficiency.
- AI advancements include logical reasoning, multi-agent systems, and reinforcement learning.
- AI-driven applications expanding in industries like marketing, wearables, cybersecurity, and consulting.
- Discussions also covered the importance of AI in threat detection and defense workflows.
- AI consulting faces challenges from generative AI and changing client demands.
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Getfullyfunded
4w
288
Image Credit: Getfullyfunded
Events on a Shoestring: High-Impact Auctions for Small & Mighty Teams
- Small teams can achieve big fundraising success by focusing on efficient workflows.
- Utilize templates, outsourcing, and automation to prevent overwhelm and ensure smooth operations.
- Partners like Get Fully Funded and Auctria offer resources and platforms for support.
- By strategizing with free resources and outsourcing tasks, even small teams can succeed.
- Automation of communications and tasks can streamline event planning for maximum efficiency.
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Eu-Startups
4w
79
London-based AI platform Metaview raises €30.1 million dollars to help recruiters in “the war for talent”
- British startup Metaview secures €30.1 million in Series B funding led by GV to enhance their AI platform for recruitment.
- The funding round also saw participation from existing investors like Plural, Vertex Ventures, Seedcamp, and others.
- Metaview, founded in 2018, focuses on transforming job interviews into actionable hiring intelligence using AI technology.
- The platform aims to make recruiting more efficient by analyzing hiring conversations and providing rich data for decision-making.
- Metaview helps recruiting teams at every stage of the hiring process from intake to final offer, emphasizing the importance of building great teams.
- The AI tools by Metaview capture, analyze, and leverage interview data to ensure consistency and objectivity in talent decisions.
- With over three million recorded interviews, Metaview enables hiring teams to operate with high-quality insights.
- The platform has 2,500 customers, including Sony, Deliveroo, and KellyOCG, providing time savings and improved hiring processes.
- Metaview's AI technology offers purpose-built solutions for recruitment, aiming to revolutionize hiring with data-driven decision-making.
- The platform's AI agents automate various hiring workflows and offer features such as AI Notetaker, AI Reports, AI Answers, and AI Job Posts.
- The technology optimizes the hiring funnel, provides customizable reporting, instant candidate insights, and quick job description generation.
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Ketto
4w
266
Image Credit: Ketto
Your Guide to the Best Hospitals In Kolkata
- The article provides a comprehensive guide to the best hospitals in Kolkata, highlighting their specialities, facilities, and unique selling points.
- Hospitals like Manipal Hospital, Ruby General Hospital, and Peerless Hospital & B.K. Roy Research Centre are featured for their advanced medical care and facilities.
- Services such as Cardiology, Neurology, Oncology, and Critical Care are highlighted as key specialities across these hospitals.
- The article showcases the hospitals' excellence in areas like robotic surgery, emergency services, and specialised critical care units.
- Other hospitals like Desun Hospital, Medica Superspecialty Hospital, and Belle Vue Clinic are also included for their advanced medical treatments and patient-centric care.
- These hospitals offer services ranging from orthopaedics, oncology, nephrology, to dermatology, showcasing their multispeciality care approach.
- Woodlands Multispeciality Hospital and Sri Aurobindo Seva Kendra, known for their affordable services, are highlighted for their technological advancements and community outreach programs.
- The article emphasizes the hospitals' NABH accreditations, advanced diagnostic tools, and specialised departments that cater to a wide range of medical needs.
- Overall, the article serves as a comprehensive resource for individuals seeking quality healthcare in Kolkata, showcasing the diverse medical expertise and facilities available in the city.
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Eu-Startups
4w
106
“Indistinguishable from a human voice”: Berlin-based Synthflow AI raises €17.2 million for its AI voice agent
- Berlin-based Synthflow AI, a voice AI platform, secures €17.2 million in Series A funding round led by Accel, with participation from existing investors Atlantic Labs and Singular.
- The total funding now amounts to €25.8 million, enabling global expansion and the opening of a new office in the US.
- Synthflow AI aims to democratise access to advanced voice AI with a no-code platform for creating natural-sounding, cost-effective voice agents tailored to business needs.
- Synthflow AI's white-label voice agents are highly customisable, require no code, and can handle tasks from simple inquiries to complex workflows.
- The company offers over 200 integrations across calendars, CRMs, and telephony systems, enabling rapid and cost-effective implementation.
- Synthflow AI's AI Voice OS is designed to be indistinguishable from a human voice, handling complex use cases without human intervention.
- The company has expanded its R&D team and integrated with BPO providers and contact centres since its Seed round.
- Accel partner Luca Bocchio praises Synthflow AI's accessibility and market potential in revolutionizing customer support through voice agents.
- AI voice agents have the potential to transform global operations and are cost-effective for businesses across various sectors.
- Synthflow AI agents have significantly impacted contact centre operations, with millions of hours saved, more calls answered, and a high uptime percentage.
- The growth of AI voice agents presents a substantial opportunity for contact centres and BPO companies in the expanding customer service market.
- Businesses can now deploy AI voice agents at scale for various use cases, from customer service to appointment scheduling, offering improved support at reduced costs.
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SiliconCanals
4w
115
Image Credit: SiliconCanals
Prague’s Filuta AI secures €3.6M to advance patented composite AI technology; eyes Series A investment in H2 2026
- Prague-based Filuta AI has secured approximately €3.6M in a seed funding round led by Rockaway Ventures.
- Rockaway Ventures is part of Rockaway Capital investment group and focuses on investing in AI-driven startups.
- The fund under Jakub Havrlant's platform supports late-seed and Series A founders.
- Filuta AI aims to address challenges faced by game developers, offering cost-saving solutions.
- The company plans to expand its team with experts in mathematics and AI to enhance product development.
- Filuta AI intends to prepare for a Series A investment round by the second half of 2026.
- The company focuses on commercializing Composite AI across industries.
- Filuta AI's platform combines symbolic AI with subsymbolic AI for increased efficiency.
- The company automates the composition of AI technologies, enabling faster problem-solving in complex domains.
- The AI solution offered by Filuta AI significantly reduces testing time in the gaming industry.
- The company holds patents in areas like gaming, aviation, automotive, and defense.
- Filuta AI's founding team has experience from tech giants like Google and Microsoft as well as academia and government agencies.
- Within a year of inception in 2022, the company secured a significant pre-seed investment.
- Filuta AI plans to strengthen its position in the AI market moving forward.
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Eu-Startups
4w
360
With over 45 startups already funded, Czech VC fund KAYA secures €70 million to back more Founders from CEE
- Prague-based VC fund KAYA raises €70 million for a fifth fund to support CEE Founders, backing up to 25 startups from pre-Seed to Series A.
- KAYA typically invests one to three million Euro initially and keeps a capital reserve for follow-on rounds, allocating up to €20 million to a single company through syndication.
- Founded in 2010, KAYA has backed over 45 ventures across Czechia, Poland, Slovakia, and the CEE region, actively using technology to enhance operations.
- Investors in KAYA include Central European entrepreneurs, multinational funds, major institutions, and regional banks.
- KAYA expands beyond the Czech Republic and Poland, seeking global products from strong technical teams across the CEE region.
- KAYA's portfolio includes unicorns like Rohlik and Docplanner, with Booksy anticipated to become a unicorn soon.
- They have invested in companies like Better Stack, SensibleBio, and Upheal, totaling over forty-five companies and €350 million in value.
- KAYA focuses on providing expert advice and facilitating follow-on investments for their portfolio companies.
- The fund's approach of not specializing in any particular industry allows them to support evolving technologies and trends for CEE entrepreneurs.
- KAYA aims to understand and support entrepreneurs globally, emphasizing a 'generalist' approach rooted in CEE sentiment.
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Eu-Startups
4w
360
Swedish Norrsken Foundation commits €300 million to back the future of ‘AI for good’ in climate, health, food, education and society
- The Norrsken Foundation based in Stockholm will invest €300 million in European startups using 'AI for good' to address challenges in climate, health, food, education, and society.
- The funds will be sourced from Norrsken VC, Accelerator, and Launcher, with criteria aligned with UN Sustainable Development Goals.
- Norrsken VC, part of the Norrsken Foundation, was founded in 2017 by Klarna Co-founder Niklas Adalberth to support purpose-driven entrepreneurs in tech sectors.
- The initiative aims to fund startups using AI to tackle societal issues and deliver measurable positive impacts.
- Norrsken emphasizes the need to address urgent problems like environmental issues and sees AI startups as significant drivers of change.
- They believe that the next successful companies will not just be technologically advanced but also focus on solving pressing global challenges.
- AI startups attracted €94.8 billion in funding in 2024, with Norrsken emphasizing the need to invest in solutions for urgent challenges.
- The Norrsken team warns that many AI startups may face challenges due to short-term hype and failure to address real-world problems.
- Norrsken highlights the potential of AI in optimizing energy grids, drug development, early illness detection, and more.
- Startups in Norrsken's portfolio like Juna.ai, Quadrivia, Submer, and Evroc are pioneering in areas such as industrial efficiency and healthcare transformation.
- These ventures are seen as part of a broader movement that could revolutionize various industries.
- Norrsken Foundation's commitment aims to drive AI innovation that positively impacts climate, health, food, education, and society.
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Economic Times
4w
167
Image Credit: Economic Times
IndiaBonds raises Rs 32.5 crore from individual investors
- Online bond investment platform IndiaBonds raises Rs 32.5 crore ($3.77 million) in its first external funding round from individual investors.
- The funds will be utilized to enhance the digital platform and promote fixed-income investing in India.
- The company founders plan to utilize the capital for scaling up and seek institutional funding next year.
- IndiaBonds, founded by Vishal Goenka and Aditi Mittal in 2021, is registered with SEBI as an online bond platform provider.
- The platform allows retail and institutional investors to invest in various fixed-income products.
- The investment comes at a time of rising interest in bonds, with several fintech platforms like Stable Money and Groww focusing on bond investments.
- IndiaBonds introduced a bond yield calculator in 2022 to assist investors in pricing and yield calculations.
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TechSpark
4w
75
Silicon Gorge Profiles: Integrevise
- Integrevise assists universities in modernizing student assessment through a smart oral exam tool.
- Their Digital Viva tool uses AI to ensure academic integrity and reduce cheating.
- By focusing on oral assessments, Integrevise aims to make assessments fairer and more inclusive.
- The company is raising £500,000 to expand its services and enhance student progress tracking.
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TechJuice
4w
106
Image Credit: TechJuice
World Bank Launches Education, Water Projects in Balochistan With $194m Funding
- The World Bank has launched two major projects in Balochistan to reduce learning poverty and address water security challenges with a total funding of $194 million.
- Najy Benhassine, the World Bank Country Director for Pakistan, highlighted the importance of these initiatives.
- The GRADES-Balochistan project aims to reduce learning poverty and improve literacy and numeracy skills for around 250,000 students.
- Key interventions under GRADES project include expanding early childhood education, providing safe transport, constructing climate-resilient classrooms, and enhancing teacher training.
- The Balochistan Water Security and Productivity Improvement Project (BWSPIP) will enhance water access for smallholder farmers and improve water supply services for residents in Quetta.
- BWSPIP focuses on improving flood protection, water availability for productive use, and service delivery efficiency, benefiting over 500,000 people.
- Both projects aim to support agriculture, reduce climate-related risks, and empower women through community-level water governance.
- The initiatives align with Pakistan's Resilient Recovery Framework and the Country Partnership Framework for inclusive human development and climate resilience.
- The projects address urgent needs to reduce learning poverty and child stunting through improved education and water access.
- The initiatives represent a strategic effort by the World Bank to tackle foundational development challenges in Balochistan.
- Carolina Dominguez Torres, Task Team Leader for BWSPIP, highlighted the long-term benefits of the project for farmers and Quetta residents.
- Inga Afanasieva, Team Leader for the GRADES project, emphasized the strategic importance of improving early education access and quality in Balochistan.
- The World Bank's investments aim to build infrastructure, support human development, and create job opportunities in Balochistan.
- These projects lay the groundwork for a healthier, more educated, and climate-resilient population in Balochistan.
- The initiatives are part of the World Bank's commitment to supporting strategic investments in infrastructure and human development in Balochistan.
- Both projects play a crucial role in achieving inclusive human development and climate resilience as outlined in the 10-year Country Partnership Framework for Pakistan.
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Economic Times
4w
346
Image Credit: Economic Times
Deeptech startup Sthyr Energy raises $1 million from Speciale Invest, Antares Ventures
- Sthyr Energy, a deeptech startup, raised $1 million in seed funding from Speciale Invest and Antares Ventures.
- Founded by researchers from IIT Madras, the startup is developing Zinc-Air battery systems for energy storage.
- The batteries use water-based electrolytes for safety and have modular deployment capabilities.
- The funding will be utilized for research, pilot projects, and product scaling.
- Potential applications include grid operators, renewable energy farms, microgrids, and defense sectors.
- Sthyr aims to provide a competitive cost-effective alternative to lithium-ion batteries for long-duration storage.
- Globally, various technologies are being explored for energy storage, with a limited direct competition in Zinc batteries in India.
- The need for long-duration energy storage is high in countries with increased renewable energy penetration.
- Sthyr's technology could support the acceleration of renewable energy adoption in India.
- Speciale Invest highlighted Sthyr's team for their technical excellence and mission-driven approach.
- The funding will aid Sthyr Energy in furthering research and development, as well as in piloting and scaling up its product.
- Grid operators, asset management companies, microgrids, and defense sectors are potential users of Sthyr's Zinc-Air battery systems.
- Sthyr's batteries are expected to offer a competitive levelized cost of energy for long-duration storage.
- The company's architecture enables modular deployments at different scales, enhancing its versatility and applicability.
- Sthyr Energy's technology could play a vital role in tackling the bottleneck in clean energy adoption, as per Speciale Invest's managing partner.
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