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Startup News
Eu-Startups
2w
125
German startup DRIMCO raises €4.2 million to streamline requirement analysis for industrial manufacturing and engineering with AI
- Munich-based DRIMCO, a startup specializing in AI-based requirement analysis, raised €4.2 million in a pre-Series A funding round led by Ventech and BayernCapital.
- DRIMCO's product, DRIM – The Next Generation Requirements AI, aims to revolutionize industrial operations by providing AI solutions for requirements understanding.
- The investment will accelerate the AI evolution of DRIM and introduce multi-AI action agents like GPTender to enhance requirements analysis in industrial manufacturing and engineering.
- DRIMCO's proprietary AI technologies have processed over 100 million requirements, delivering time and cost savings for companies like Siemens, KSB, and others across Europe and the US.
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ISN
2w
89
Image Credit: ISN
Villa rental platform StayVista raises over Rs 40 crore to expand into new geographies
- StayVista, India’s largest villa rental platform, has raised over Rs 40 crore in a Series B funding round led by JSW Ventures.
- The funding will be used to expand into new geographies, strengthen the team, and enhance customer experience and supply-side strengths.
- StayVista operates 1,000+ properties across 85+ locations, offering rental options across mass premium, premium, and luxury segments.
- Domestic travel in India is on the rise, driving growth in the vacation rental market, which is expected to reach $34.1 billion by 2029.
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Eu-Startups
2w
5.1k
French startup PoliCloud raises €7.5 million to innovate next-gen, sovereign cloud infrastructure
- Cannes-based PoliCloud secures €7.5M Seed fundraise to hire team and grow globally.
- The funding was led by Global Ventures, with participation from other investors.
- PoliCloud offers eco-responsible, decentralized cloud infrastructure aimed at public entities in Europe.
- Market demand calls for sovereign computing resources with security, affordability, and scalability.
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Inc42
2w
336
Image Credit: Inc42
Pine Labs Allotted 2.3 Cr Shares To CEO Amrish Rau Ahead Of IPO
- Fintech major Pine Labs allotted 2.32 Cr shares to CEO Amrish Rau under its second ESOP Plan.
- The company's DRHP disclosed additional shares to be granted to Rau and other key personnel.
- Rau plans to sell 18.15 Lakh shares post IPO, while ex-CFO Mathenz aims to offload 14.68 Lakh shares.
- Pine Labs filed for its IPO to raise up to 2,600 Cr, with investors including Peak XV Partners and PayPal selling shares.
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Analyticsindiamag
2w
7.7k
Image Credit: Analyticsindiamag
World Economic Forum Names 10 Indian Startups as Technology Pioneers for 2025
- The World Economic Forum has named 10 Indian startups as Technology Pioneers for 2025.
- These startups cover a wide range of industries from space technology to healthcare and clean mobility.
- The programme celebrates its 25th year and includes companies using artificial intelligence and exploring frontier technologies.
- The geographic landscape of innovation is expanding with increased contributions from Europe, China, and India.
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Eu-Startups
2w
237
EU-Startups Podcast | Episode 123: Carles Reina, investor and go-to-market strategist at ElevenLabs
- Carles Reina, investor and go-to-market strategist at ElevenLabs, shares insights on scaling AI startups on the EU-Startups Podcast.
- AI startups often fail due to challenges in bringing products to market, not technology issues.
- Key takeaways include focusing on sustainable growth, validating AI product–market fit with enterprise contracts, and emphasizing cultural empathy and brand in global scaling.
- The episode delves into differences between AI and SaaS go-to-market strategies, emphasizing the importance of narrative, community, and trust in GTM.
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14 Likes
ISN
2w
1.9k
Image Credit: ISN
Hyderabad-based Brihaspathi Technologies raises $10 million in funding from FIIs
- Hyderabad-based Brihaspathi Technologies has secured $10 million in funding from foreign institutional investors (FIIs) for expansion.
- The funds will be used to establish a new 72,000 sq. ft. CCTV manufacturing facility in Hyderabad.
- Brihaspathi Technologies plans to hire over 400 new employees, pursue an IPO in FY 2026–27, and enhance its research and development capabilities.
- The company has undertaken a significant surveillance project for the Maharashtra State Road Transport Corporation and has an extensive track record in deploying AI-based security solutions across various sectors.
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19 Likes
TechBullion
2w
425
Image Credit: TechBullion
Taskifai Reinvents Local Help In The UK With Smart, Community-Focused Task Matching Platform
- Taskifai, a UK-based platform, aims to revolutionize access to local help in the UK for everyday needs through its smart, community-focused task matching system.
- The platform uses AI to match users with vetted individuals for tasks like errands, gardening, tutoring, and more, addressing a gap in the UK gig economy for smaller tasks.
- Taskifai prioritizes trust through community-driven reviews, direct communication, and integration with GetProved for third-party verification of credentials.
- The platform offers dynamic bidding, real-time chat, and plans to introduce autonomous delivery robots, catering to diverse users' needs and preferences.
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25 Likes
Eu-Startups
2w
108
Paris-based DejaBlue raises €6.8 million to power the next phase of energy optimization in the EV era
- DejaBlue, a French electrification startup, raised €6.8 million in a Seed round led by redalpine to expand their energy optimization platform for EV charging and solar integration in France and Europe.
- The funding will support the development of an AI-powered automation system for site management to help businesses reduce overall energy costs by coordinating solar energy, EV charging, and tariffs.
- DejaBlue, founded in 2023, focuses on energy optimization for commercial buildings and fleets, aiming to provide fine-grained control over energy usage through intelligent software and infrastructure management.
- With energy prices on the rise, DejaBlue sees flexible assets like EV chargers as an opportunity to shift loads to times of abundant renewable energy, reducing costs, easing grid pressure, and promoting cleaner energy usage.
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SiliconCanals
2w
350
Image Credit: SiliconCanals
Italian fintech Sibill closes €12M Series A round led by Creandum
- Milan-based fintech Sibill, specializing in financial and administrative management for SMEs, has secured a €12M Series A funding round led by Creandum.
- Sibill's total funding now stands at €18.7M, following a previous funding round in June 2024.
- The platform offered by Sibill centralizes financial tasks and uses AI to automate manual processes, serving over 2,600 clients and aiming to streamline operations for Italian SMEs.
- The funding will support Sibill's expansion, including launching a solution for accounting firms, automating key processes, and further developing its platform to enhance financial and administrative operations for SMEs.
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21 Likes
ISN
2w
333
Image Credit: ISN
Your career vs. AI: How Coursera can help you get ready for the future
- Anthropic CEO warns that AI could eliminate half of all entry-level white-collar jobs, leading to a skills gap for many professionals.
- Coursera, the global online learning platform, is offering a limited-time discount on its Coursera Plus subscription, providing access to over 7,000 courses and job-ready certificates.
- The platform includes programs from institutions like Google, Microsoft, IBM, Stanford, IITs, offering courses in data analytics, project management, AI & ML engineering, and generative AI engineering.
- Coursera also offers specialized programs in fields like data science, cybersecurity, UX design, and certifications in content creation, aiming to help professionals stay competitive in a rapidly evolving job market shaped by AI.
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AllTopStartups
2w
346
Image Credit: AllTopStartups
Why Outsourcing Accounting Works Wonders for Restaurants
- Restaurant accounting presents challenges like seasonal swings, tight cash flow, and intense competition.
- Outsourced accounting offers valuable expertise to navigate financial hurdles effectively for restaurants.
- Benefits include streamlined bookkeeping, data-driven insights, scalability, efficiency, and risk mitigation strategies.
- Outsourcing financial tasks allows owners to focus on guest experiences, menu improvements, and team building.
- Having a trusted accounting partner enhances financial control, agility, and business strategy.
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SiliconCanals
2w
392
Image Credit: SiliconCanals
Dutch firm Sygno receives funding to combat financial crimes through AI
- Dutch firm Sygno, specializing in AI for combating fraud and money laundering, secured funding from TIN Capital and ROM Utrecht Region.
- TIN Capital, a key investor in European cybersecurity since 1998, aims to boost promising cybersecurity companies like Sygno.
- Sygno will utilize the investment to enhance its explainable AI models for quicker detection of suspicious transactions by financial institutions.
- Sygno's AI solutions help financial institutions improve their fraud detection capabilities without altering existing systems, addressing the scarcity of AI and compliance experts.
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23 Likes
Inc42
2w
744
Image Credit: Inc42
Dronetech Startup Raphe mPhibr Secures $100 Mn
- Noida-based drone startup Raphe mPhibr raises $100 million in funding round led by General Catalyst, the largest private capital raise in India's aerospace manufacturing sector.
- Funding round also includes participation from Think Investments, angel investor Amal Parikh, and various family offices.
- Raphe mPhibr plans to use the funding for innovation and developing solutions for defense purposes in India and beyond.
- Founded in 2017, Raphe mPhibr designs and manufactures customized UAV solutions, having tested them across various terrains and conditions in India.
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21 Likes
Inc42
2w
316
Image Credit: Inc42
Block Deal Buzz: PB Fintech Shares Worth INR 920 Cr Change Hands
- 50.5 Lakh shares of PB Fintech worth INR 920 Cr changed hands in a block deal today.
- Shares were transacted at INR 1,821.50 per share, representing a 1% discount.
- Yashish Dahiya and Alok Bansal of PB Fintech likely sold the shares with a 90-day lock-in period.
- PB Fintech's market volume was 20 Lakh shares, with a market capitalization of INR 2,254.95 Cr.
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