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Funding News
Massivelyop
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Anti-P2W MMO Lionhearts is on Kickstarter selling duchies and duke titles for $10,000
- Lionhearts, a medieval strategy MMO created by indie studio Credenzio, has launched a Kickstarter campaign offering various buy-ins.
- Players can shape history by leading armies, building empires, and rising in player-driven hierarchies within the game.
- The Kickstarter emphasizes historical authenticity, player-driven politics, trade, housing, territorial conquest, and player-run kingdoms.
- The campaign has raised over $50,000 out of a $100,000 goal with 160 backers and 28 days remaining.
- While the game is not labeled an MMO, it features single-shard persistence with PvP gameplay and thousands of players.
- The developers claim ethical monetization without pay-to-win elements but offer rewards like land, titles, and in-game advantages for donors.
- Backers can receive items such as extra favor, gold, weapons, housing spaces, decor, and lordships for contributions.
- For $10,000, players can start the game as the Duke of a duchy with substantial in-game currency.
- A pre-alpha demo is planned for Q1 of the following year by the developers.
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TechJuice
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Nvidia’s Bet on Nuclear Power: Invests In Bill Gates’s Startup
- Nvidia has invested in TerraPower, Bill Gates's nuclear energy startup, in a $650 million funding round.
- The investment aims to support TerraPower's construction of the Natrium plant, the first commercial, advanced nuclear power facility in the U.S.
- The Natrium plant combines a 345-megawatt sodium-cooled fast reactor with a molten salt-based energy storage system for flexible power generation.
- Nvidia's investment highlights the increasing energy needs of the AI sector, prompting tech companies to invest in energy infrastructure for data centers.
- Construction of the Natrium plant in Wyoming began in 2024, with expected power production to begin by 2030 after regulatory approvals.
- Nvidia's involvement goes beyond just energy security, integrating AI tools into TerraPower's Natrium reactor project for maintenance and grid resilience.
- This strategic investment positions Nvidia as a leader in technology and energy sustainability.
- Tech giants like Google, Meta, and Amazon are also exploring nuclear energy agreements to power their operations, reflecting growing interest in nuclear power for the digital economy.
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TechCrunch
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Every fusion startup that has raised over $100M
- Fusion power startups have seen significant investment, aiming to harness nuclear fusion for clean energy.
- Advances in technology like AI and superconducting magnets have propelled the industry forward.
- Commonwealth Fusion Systems secured a $1.8 billion Series B for its innovative power plant design.
- TAE Technologies uses a unique field-reversed configuration technique, with $150 million raised in June.
- Helion plans to produce electricity by 2028 using a field-reversed configuration reactor.
- Pacific Fusion secured a massive $900 million Series A for its inertial confinement fusion approach.
- Shine Technologies focuses on neutron testing and medical isotopes before advancing to fusion power.
- General Fusion utilizes magnetized target fusion, raising over $440 million since its founding in 2002.
- Tokamak Energy compresses its tokamak design for a more cost-effective fusion solution.
- Zap Energy employs an innovative plasma compression method, raising $327 million.
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Eu-Startups
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London-based startup CaseCraft.AI raises €644k to further develop its small claims platform
- London-based startup CaseCraft.AI secures €644k in funding to develop its Small Claims platform.
- Mount Venture Capital Fund led the investment round with €351k participation.
- Co-founder Michael Iatsukha sees potential in AI for professional and consumer services.
- CaseCraft.AI was founded in 2023 by Mints, Iatsukha, Bagrov, and Kosarenko, offering assistance in filing and defending small claims.
- The platform aims to simplify the Small Claims Track court procedure in the UK for disputes valued at €10k or less.
- Claimants and Defendants benefit from guided assistance, detailed defense statements, and case management on the platform.
- The AI assistant provides insights and tips throughout the process to streamline litigation.
- Laert Karaashev of Mount Fund praises CaseCraft.AI for innovating the UK’s small claims process, making it more accessible and efficient.
- Funding will also support team expansion to recruit top talent in AI for consumer-facing solutions.
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Economic Times
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Finland backs space tech ICEYE firm with R&D funding
- Finland's business promotion agency has granted research and development funding to satellite and defence technology company ICEYE, contributing to European support for the space sector.
- ICEYE, a rapidly growing company, operates a fleet of 48 Synthetic Aperture Radar satellites with customers including Ukraine, NATO, and Japan.
- Business Finland allocated 41.1 million euros to ICEYE's 250-million-euro investment program, aiming to boost its global presence in space and defence technology.
- According to Business Finland's head, the funding will positively impact the entire space and defence sector, benefiting the ecosystem.
- With rising global security threats and the Ukraine conflict, the EU has initiated an 800 billion euro programme to enhance its defence, with tech startups like ICEYE expected to play a vital role.
- ICEYE's satellite constellation employs Synthetic Aperture Radar technology to generate high-resolution images of the Earth's surface regardless of weather or daylight conditions.
- ICEYE's strategy chief emphasized the importance of developing sovereign capability with their technology, given current needs.
- Apart from data services, ICEYE also offers radar imaging satellites to meet the growing demand for continuous global monitoring.
- ICEYE's CEO highlighted the significance of satellite technologies for national security, particularly in light of technological advancements and recent geopolitical events like the Ukraine war.
- The 250-million-euro investment will enable ICEYE to enhance satellite manufacturing, develop new sensors, and upgrade satellite platforms.
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Silicon
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Texas Instruments Increases US Investment, Amid Trump Onshoring Drive
- Texas Instruments (TI) has pledged to increase its US chip manufacturing with a $60 billion investment, aiming to create over 60,000 new jobs.
- The company plans to build seven semiconductor fabs in Texas and Utah, expanding on previous plans under the Biden administration.
- Texas Instruments received a $1.6 billion grant under the Chips and Science Act for new chip manufacturing plants, with uncertainty about the delivery of the award.
- The Trump administration is reportedly renegotiating semiconductor grants previously authorized by President Biden.
- Despite Trump's previous criticisms of Biden's US Chips Act, Texas Instruments announced its record investment in semiconductor manufacturing in the US.
- The investment includes plans for four fabs in Sherman, Texas, with a total investment of up to $40 billion.
- Texas Instruments aims to support American innovation and technology alongside companies like Apple, Ford, and SpaceX.
- The company's CEO highlighted the importance of semiconductor manufacturing for various electronic systems, emphasizing their role in American innovation.
- The US Secretary of Commerce praised the partnership with Texas Instruments, emphasizing the importance of increasing semiconductor manufacturing domestically.
- Texas Instruments is a significant semiconductor manufacturer in the US, providing chips crucial for smartphones, vehicles, data centers, and various electronic devices.
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TechCrunch
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4 days left: Lock in your TechCrunch All Stage pass — or miss $210 in savings
- TechCrunch All Stage pass offers $210 savings if purchased before June 22 at 11:59 p.m. PT.
- Event in Boston on July 15 features 1,000 founders and investors at all stages.
- Attendees can benefit from real scaling strategies, live investor feedback, and valuable conversations.
- Speakers include industry experts like Tiffany Luck, Charles Hudson, Cathy Gao, and Chris Gardner.
- Topics cover pitching, traction tactics, breaking plateaus, fundraising strategies, and scaling playbooks.
- Two breakout stages cater to different startup journeys: Foundation Stage and Scale Stage.
- Small-group roundtables offer deep dives into various topics like VC playbook, founder burnout, and building in a volatile market.
- Time is running out to secure the discounted pass. Register before June 22 at 11:59 p.m. PT.
- Event details and registration can be found on the TechCrunch website.
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Ketto
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How to Maximise Your Chances of Success with Crowdfunding for Cancer Treatment
- Crowdfunding is a valuable resource for cancer patients facing financial challenges, offering global support and financial aid.
- Effective strategies for successful crowdfunding include choosing the right platform, crafting an engaging story, and setting realistic fundraising goals.
- Utilizing visuals, leveraging social media, personalizing outreach, and engaging with donors are crucial for campaign success.
- Collaborating with organizations, seeking media coverage, and maintaining transparency help build trust and broaden support.
- Crowdfunding assists with costly treatments, alternative therapies, travel expenses, and supportive care for cancer patients.
- It empowers patients, raises awareness, builds a supportive community, and bridges healthcare disparities in cancer treatment.
- By following outlined methods, individuals can enhance their campaign's visibility and increase their chances of reaching fundraising goals.
- The article provides comprehensive guidance on maximizing success in crowdfunding for cancer treatment, emphasizing transparency and community engagement.
- Ketto, a leading platform in India, offers dedicated support for cancer patients, enhancing campaign exposure and community aid.
- The article qualifies for web story generation, providing valuable insights and actionable steps for individuals navigating crowdfunding for cancer treatment.
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Eu-Startups
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French startup Winalist secures €1 million to boost wine tourism and expand internationally
- French startup Winalist has secured €1 million in funding to boost wine tourism and expand internationally.
- The funding will be used to open a new branch in Porto, increase operational support for local partners, and drive international visibility for Portuguese wine tourism.
- The round was supported by shareholders, including Vessoa Private Equity, Plug and Play Ventures, and Portugal Ventures.
- Winalist was founded in France in 2019 and acts as a marketplace for booking wine and spirits tourism experiences across Europe.
- The platform connects travelers with authentic experiences at wineries and distilleries, offering various activities like winery visits, tastings, wine-pairing dinners, and day tours.
- Currently, Winalist works with over 1,700 partners in 10 countries, aiming to make wine tourism more accessible and connected for both producers and travelers.
- In Portugal, Winalist collaborates with over 200 family-owned wineries and renowned producers like Soalheiro, Quinta do Vallado, Graham’s Port Lodge, and more.
- The new funding will support key innovations for wineries, enhancing customer relationships, and services for high-end travelers.
- Winalist is also investing in team growth to support commercial development in Europe more broadly.
- Testimonials from partners like Quinta dos Santos and Talha de Frades praise Winalist's platform for its ease of use and support.
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Futurefundraisingnow
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4 no-nos and 5 must-dos for for great fundraising photos
- Fundraising success hinges on impactful photos that convey a powerful story.
- Photos should not be mere decorations but rather narratives that captivate viewers.
- Key points to consider for effective fundraising photos:
- 1. Ensure photos are large enough for viewers to clearly see.
- 2. Avoid using too many photos that dilute the impact of the main story.
- 3. Select photos that are easily understood without being too abstract.
- 4. Include captions to enhance the storytelling aspect and convey the intended message.
- 5. Opt for photos with people as the main subject, as faces attract engagement.
- 6. Eye contact in photos enhances viewer connection and interest.
- 7. Ensure facial expressions align with the narrative to avoid confusion.
- 8. Background details should complement and not detract from the story.
- 9. The photo's story should align with the message conveyed through words for consistency.
- Published on May 16, 2019.
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Analyticsindiamag
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Texas Instruments to Invest Over $60 Billion to Manufacture Semiconductors in US
- Texas Instruments (TI) plans to invest over $60 billion in semiconductor fabs across the US, the biggest investment in US semiconductor manufacturing history.
- The investment aims to address the increasing demand for crucial chips in industries like automotive and data centers.
- New facilities in Texas and Utah will create over 60,000 new jobs, with $40 billion for four new fabs in Sherman, Texas.
- US commerce secretary highlights the partnership's significance in supporting US chip manufacturing for the long term.
- Texas Instruments is dedicated to enhancing domestic semiconductor production in collaboration with the US government.
- TI's new fabs will focus on producing chips for smartphones, vehicles, satellites, and more, with partnerships across several leading companies.
- The Sherman sites will play a crucial role in TI's semiconductor efforts, alongside facilities in Richardson, Texas, and Lehi, Utah.
- The company aims to drive innovation in various industries like automotive, healthcare, AI, and satellite communications through its increased production.
- Texas Instruments' investment underscores its commitment to US manufacturing and technology leadership in the global market.
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Eu-Startups
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Dutch FinTech startup Delfio raises €1.5 million for automation platform
- Dutch FinTech startup Delfio, focused on automating the international wholesale market, secures €1.5 million in pre-Seed funding from tech investor Peak.
- Founded in 2025 by Roy Erdmann and Keihan Popal, Delfio aims to transform the global distribution of consumer electronics using automation and data-driven procurement.
- Delfio's platform organizes collective purchasing for professional buyers in Europe, leveraging demand aggregation to negotiate competitive offers from a network of suppliers.
- The startup streamlines the sourcing, quality control, logistics, and payment processes, providing customers with a reliable single partner for their procurement needs.
- The global procurement market for consumer electronics is valued at €837.4 billion, with Delfio targeting a more efficient approach compared to traditional importers.
- The platform aims to simplify procurement by consolidating purchase orders, negotiating better pricing, and managing the entire process from order to delivery.
- Delfio collaborates with 35,000 suppliers of popular brands like Apple, Samsung, and JBL, operating hubs in the US, Dubai, Hong Kong, and Amsterdam for efficient procurement management.
- The startup provides financial resources to meet retailers' purchasing requirements and guarantees payment to suppliers within 48 hours, ensuring smooth transactions.
- Investor David Zwagemaker from Peak sees significant growth potential in Delfio's automation and data-driven approach to B2B procurement, supporting their efforts to set a new global standard in the industry.
- The funding will help Delfio further develop its automation platform and expand its presence in the wholesale market.
- Delfio's launch comes after years of market experience by the Founders, with aims to revolutionize the procurement process for consumer electronics.
- The startup looks to bridge the gap between retailers and suppliers, offering a more efficient and reliable mechanism for procurement in the consumer electronics market.
- Delfio's automation and data-driven decision-making align with market demands for more streamlined and competitive procurement processes.
- With a strong focus on reliability and efficiency, Delfio aims to create a new standard in B2B procurement, addressing fundamental challenges in the market.
- The company's approach of aggregating tenders and leveraging volume for better pricing showcases its strategy to optimize collective purchasing power and enhance competitiveness in the industry.
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SiliconCanals
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Swedish EV maker Polestar charges up with €174M equity investment: Know more
- Gothenburg-based Polestar, a premium electric vehicle firm, secures a €174M equity investment from PSD Investment Limited controlled by Mr. Shufu Li.
- Polestar will issue and sell 190,476,190 newly issued Class A American Depositary Shares (ADSs) at $1.05 per share in a private investment in public equity (PIPE) transaction.
- PSD Investment plans to convert 20,000,000 of its Class B ADSs into Class A ADSs to keep voting power below 50% post-transaction.
- The funding will be utilized for working capital requirements and general corporate purposes by the Swedish EV company.
- Polestar secured a $950M three-year loan facility from 12 international banks last year.
- Polestar, founded in 2017 by Volvo Cars and Zhejiang Geely Holding, plans to have five performance EVs by 2026 and aims for a climate-neutral car by 2030.
- Current Polestar models include Polestar 2, Polestar 3, and Polestar 4, with future models like the Polestar 5, 6, and 7 planned.
- Vehicles are currently manufactured in North America and Asia, with plans to diversify production to Europe for Polestar 7.
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Eu-Startups
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Lithuanian startup Traxlo raises €1.6 million to build the labor infrastructure for the AI era
- Lithuanian startup Traxlo has raised €1.6 million to expand its pay-per-task labor infrastructure across Europe.
- The capital was raised by various investors including Coinvest Capital, Bad Ideas Fund, and Plug and Play.
- Traxlo aims to standardize and distribute physical work in the age of AI.
- Founded in 2020, Traxlo is developing a pay-per-task labor infrastructure for the AI era.
- The company collaborates with 60% of the largest commerce players in Europe like REWE Group and Zabka.
- Traxlo's marketplace has delivered over 300,000 physical tasks.
- Each task is standardized, teachable in minutes, and can be done by local workers or robots.
- Workers complete tasks on their terms and get paid weekly.
- Businesses buy guaranteed outcomes, not hourly presence.
- Traxlo is expanding its geo coverage and scaling with the new funding.
- Future product layers for Traxlo include agentic AI features and automation.
- Traxlo's model aims to provide predictable income for workers and value for businesses.
- The company is building the labor infrastructure for the AI era by connecting real robot workers.
- Traxlo is set to innovate the way people earn income while providing value to businesses.
- Traxlo is regarded as a unique product that delivers real value and growth potential.
- The startup aims to automate tasks with an AI engine and LLM agents.
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TechCrunch
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Nvidia’s AI empire: A look at its top startup investments
- Nvidia has capitalized on the AI revolution, leading to a surge in revenue, profitability, and cash reserves since the introduction of ChatGPT.
- In 2024, Nvidia significantly increased investments in AI startups, participating in 49 funding rounds compared to 34 in 2023, according to PitchBook data.
- Nvidia aims to expand the AI ecosystem by investing in startups considered 'game changers and market makers.'
- Notable investments include OpenAI ($6.6 billion round), xAI ($6 billion round), Inflection ($1.3 billion round acquired by Microsoft), Wayve ($1.05 billion round for autonomous driving), and Scale AI ($1 billion round for data-labeling services).
- Nvidia has also invested in startups like Crusoe, Figure AI, Mistral AI, Lambda, Cohere, Perplexity, Poolside, CoreWeave, Together AI, Sakana AI, Imbue, Waabi, Ayar Labs, Kore.ai, Sandbox AQ, Hippocratic AI, Weka, Runway, Bright Machines, and Enfabrica.
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