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Startup News
Eu-Startups
1w
377
London-based Zango AI emerges from stealth, raising €4 million to innovate financial compliance systems with AI agents
- London-based FinTech startup Zango AI, specializing in regulatory compliance solutions for financial services, has raised €4 million in funding to fuel international expansion and enhance their technology.
- The funding round, led by Nexus Venture Partners, includes notable participants such as South Park Commons, Allica Bank's CEO Richard Davies, and former McKinsey executive Alan Morgan.
- Zango's technology integrates AI with human expertise to automate compliance tasks, offering solutions for horizon scanning, gap analysis, and controls testing for global financial institutions.
- The company's AI agents have already garnered interest from banks like Novobanco and neo banks such as Monzo and Juni, streamlining compliance processes and reducing manual work significantly.
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22 Likes
UX Design
1w
106
Image Credit: UX Design
How do you design when your company isn’t sure what the roadmap looks like?
- Design is about bringing clarity to ambiguous situations by taking vague ideas for features and bringing them to life.
- More design teams are facing uncertainty as companies shrink back to startup size, impacting the clarity of the roadmap.
- In smaller organizations, especially startups, design teams often lack a clear path forward, with priorities shifting based on sales conversations and client demands.
- Designers in such volatile environments are expected to navigate uncertainty effectively to avoid being perceived negatively for waiting for direction.
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6 Likes
SiliconCanals
1w
46
Image Credit: SiliconCanals
Finland’s Steady Energy secures €32M to build the world’s first commercial nuclear heating reactor by early 2030s
- Finnish nuclear tech company, Steady Energy, secures €32M funding to build the world's first commercial nuclear heating reactor by early 2030s.
- The funding will be used for advancing the LDR-50 reactor project, including construction of a pilot plant, team strengthening, design work acceleration, and sales expansion in Sweden and Poland.
- Steady Energy's small modular reactor (SMR) aims to provide affordable, emission-free heating without subsidies, with each reactor designed to run for 60 years at approximately €100M per reactor.
- The company, supported by a team with over 250 years of combined nuclear experience, targets commercial deployment in the early 2030s, addressing global energy consumption and CO2 emissions from heating.
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2 Likes
Eu-Startups
1w
101
AI-washing: Are we fooling ourselves with artificial intelligence?
- AI-washing involves labeling products with 'AI' when they mainly use automation.
- Brands use buzzwords like 'AI-powered' for products with simple automation features.
- Examples include AI-enhanced washing machines and AI toothbrushes that lack real intelligence.
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6 Likes
ISN
1w
255
Image Credit: ISN
Innovation-led biopharma startup Lamark Biotech raises Rs 6.5 crore in funding
- Lamark Biotech, a biopharma startup, secured Rs 6.5 crore in pre-Series A funding from IAN Group and other investors.
- Founded in 2018 by Dr. Vaibhav Bhatia, the company specializes in drug delivery for chronic diseases using its ProteoStrong platform.
- Lamark's focus is on stabilizing protein-based drugs like insulin without altering their structure, addressing the biologics ecosystem's cold-chain dependency issue.
- The startup plans to expand its thermostable biologics globally, targeting markets like India and Southeast Asia, aiming to file new patents and start clinical trials in the next 24 months.
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15 Likes
Eu-Startups
1w
258
Czech startup TopK raises €4.6 million to build an AI-native search engine for enterprises
- Czech startup TopK has secured €4.6 million in Seed funding to develop an AI-native search engine for enterprises.
- The funding round included participation from Earlybird, KAYA, Irregular Expressions, and angel investors.
- TopK's purpose-built query engine combines vector search, keyword matching, and flexible ranking, catering to large-scale production environments.
- The startup plans to enhance its platform with natural language understanding and capabilities to handle unstructured and multi-modal data.
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ISN
1w
237
Image Credit: ISN
Sustainable packaging startup Bambrew raises Rs 90 crore in funding
- Sustainable packaging startup, Bambrew, raises Rs 90 crore in fresh funding round led by Ashok Goel and ENRISSION INDIA CAPITAL.
- Bambrew focuses on developing planet-friendly packaging alternatives using materials like bamboo fiber and seaweed, designed to be home-compostable and scalable.
- The funding will be utilized to enhance product innovation, expand manufacturing capacity, enter international markets, and launch a direct-to-consumer line.
- Bambrew plans to broaden its product portfolio, reach Rs 120 crore in revenue within a year, and diversify into fast-moving categories while maintaining a focus on recyclable, high-barrier packaging materials.
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14 Likes
Siliconangle
1w
1.1k
Image Credit: Siliconangle
CRED launches with $15M to bring predictive AI to enterprise teams
- CRED, an artificial intelligence-powered predictive intelligence platform startup, has launched with $15 million in funding to accelerate product development, scale operations, and grow the team.
- CRED's platform integrates internal business systems with real-time external market data to deliver contextualized insights and intelligent recommendations tailored to each use case.
- The platform audits and enriches enterprise data in real time, utilizes predictive scoring models for assessing prospects, and sends real-time alerts to go-to-market teams based on key signals detected.
- The predictive intelligence engine has already generated over $100 million in revenue for users in the last year with more than $20 million in cost savings. The seed round was led by defy.vc with other prominent investors participating.
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3 Likes
Startup Pedia
1w
131
Image Credit: Startup Pedia
‘Stakeholder told me to stop talking in meetings because of my accent,' claims Indian professional working in US
- A 32-year-old Indian professional working in the USA claimed he was asked to stop speaking in meetings due to his accent being difficult to understand.
- The incident took place during a meeting when a 55-year-old team member told him to stop speaking, leaving the Indian employee feeling dismissed and insulted.
- Netizens sympathized with the man, labeling the behavior as rude and potentially constituting workplace bullying. Suggestions included checking with colleagues on accent clarity and involving management or HR.
- The man sought advice on dealing with the situation professionally without it affecting his confidence or contributions, prompting varied responses from Reddit users.
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7 Likes
Siliconangle
1w
1.2k
Image Credit: Siliconangle
Campfire reels in $35M for its AI-powered ERP platform
- Campfire Software Inc. secures $35 million in funding for its cloud-based ERP platform, with Accel leading the Series A investment.
- The company's ERP platform accelerates accounting workflows and allows faster completion of financial tasks compared to competitors like Oracle Corp.'s NetSuite.
- Campfire's platform is based on a general ledger and provides integrations for importing financial data from various systems, aiding in consolidation for companies with multiple subsidiaries.
- The funding will be used to enhance the platform with new AI capabilities, allowing finance teams to accelerate monthly processes, gain deeper financial insights, and foster smarter decision-making.
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25 Likes
Eu-Startups
1w
42
Polish startup SR Robotics lands €8.4 million to expand eco-friendly underwater solutions and boost energy security
- Katowice-based SR Robotics secures over €8.4 million in investment from Vinci-managed fund.
- Company focuses on underwater robots and eco-friendly hull cleaning services, aiding maritime sustainability.
- SR Robotics uses AI in underwater operations, plans to expand hull cleaning service.
- Investment aims to boost production capacity, fleet availability, and local expertise development.
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2 Likes
SiliconCanals
1w
152
Amsterdam’s waste software platform Seenons secures private equity backing from Fortino Capital: Know more
- Amsterdam-based Seenons, a technology platform for circular waste management, secures private equity backing from Fortino Capital to support its growth.
- Fortino Capital will join as the majority investor to scale Seenons' platform across Europe and accelerate its mergers and acquisitions agenda.
- Seenons, founded in 2019, aims to ensure residual waste is not landfilled or burned and has made strong commercial progress in the Netherlands and Belgium.
- The platform has already reduced over 30 million kilos of waste and operates across multiple European countries, working with over 200 partners in the waste chain.
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8 Likes
Insider
1w
41
Image Credit: Insider
Inside the high-stakes rift straining the most powerful alliance in tech
- Tensions between Microsoft and OpenAI are escalating over key disputes including revenue splits, AGI triggers, and future acquisitions.
- Both sides are engaged in ongoing talks and optimistic about their future collaboration, despite the high stakes involved.
- Money and equity disagreements persist, with Microsoft currently entitled to 20% of OpenAI's revenue up to $92 billion, causing tension.
- The 'AGI clause,' the acquisition of Windsurf, and OpenAI's fundraising struggles are adding further complexity to the strained relationship.
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2 Likes
ISN
1w
110
Image Credit: ISN
Shark Tank India-featured Primebook achieves Rs 62 crore ARR in FY25
- Primebook, featured on Shark Tank India, had a successful FY2024-25 with an annual revenue run rate of Rs 62 crore and over 60,000 units sold.
- The fourth quarter was strong, contributing Rs 15.6 crore with factors like increased consumer demand and operational improvements.
- Primebook achieved Rs 12 crore ARR on Amazon and plans to continue momentum with the upcoming launch of its Gen 2 series.
- The company raised $2 million in a recent funding round, setting the path for growth and enhancing its presence in the affordable Android-based laptop market.
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6 Likes
Gritdaily
1w
203
Image Credit: Gritdaily
Going Viral: Small Businesses Share their Secrets
- Unveil secrets of viral content creation shared by small business experts for engagement.
- Insights include using cultural relevance, authentic storytelling, emotional connection, and behind-the-scenes moments.
- Success factors revealed through real examples, emphasizing relatability, timing, and emotional resonance.
- Learn how to optimize posts, trigger emotions, and leverage authenticity for consistent virality.
- Discover strategies for sustaining viral momentum, creating impactful content, and connecting authentically.
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12 Likes
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