Investors and funding

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Rivercell raises $25M to build an AI model of how cells respond to drugs

Paris start-up Rivercell has raised a $25M seed round to build an AI model that predicts how human cells respond to drugs and genetic changes. HV led the round, with HCVC, Alven and Bpifrance Digital Venture taking part, the company said on Wednesday. The money will pay for Rivercell’s data platform, a bigger wet lab […]

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Siena raises $17M Series A to build AI agents for consumer brands

Siena, a New York-based startup that develops AI agents for consumer brands, has raised $17 million in its Series A round, with York IE as the lead investor. The new capital raised brings the company’s total funding to $29.7 million. Moreover, Joyance Ventures took part in the round as a new investor, and the existing […]

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Spiko raises a $90M Series B led by NEA for its tokenised cash funds

Spiko, a Paris and London company that issues tokenised cash funds, has taken its total funding to $120 million, it said in a statement on Tuesday. New Enterprise Associates (NEA) led the $90 million Series B. Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers and White Star Capital took part. So did Blockwall, Frst, EQNX, Mirana […]

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Minerva Humanoids raises $10M for robots that do bomb disposal and rig work

Minerva Humanoids has raised about $10M in pre-seed funding to build humanoid robots for dangerous jobs. The San Francisco startup works on oil and gas and public safety. General Catalyst led the round, with Long Journey Ventures and Credo Ventures as co-leads, the company said on Tuesday. Hugging Face, Codecademy, RunwayVC and Compound are among […]

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Chip simulation startup Vinci raises $250m at a $1.5bn valuation

Vinci, the AI software company based in Palo Alto that simulates physics for use in chip and hardware design, has raised $250M at a $1.5bn valuation, the company announced on Tuesday. Advent, Temasek and Xora Innovation led the round, while earlier investors Eclipse and Khosla Ventures participated again, along with Madrona, the company stated. Vinci’s […]

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DeepSeek reportedly nears $12bn funding round backed by Tencent and CATL

DeepSeek is close to raising at least 80 billion yuan, or about $12bn, in a new funding round, Bloomberg News reported on Tuesday. Tencent and the battery maker CATL have committed some of the largest sums, according to people familiar with the matter cited by Bloomberg. The Chinese AI lab had first set out to […]

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Amsterdam’s Hadrian raises $40M for AI-powered offensive security

Hadrian, an Amsterdam-based cybersecurity startup, has raised $40m to expand in Europe and the US. Forgepoint Capital International and Smartfin co-led the round, which brings Hadrian’s total funding to $65m. HV Capital, Motive Partners, Picus Capital and Oetker Ventures were also among the existing investors. Hadrian stated that the funds will be used to expand […]

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OpenAI is in talks with Abu Dhabi’s MGX and BlackRock for a $30B round

OpenAI is in talks with UAE funds including MGX, which may put in as much as $10B together, and with BlackRock, to anchor a $30B round at a $1.4T valuation it is presenting as a fixed price without a lead investor. The EU’s AI gigafactory programme carries the same headline number with about EUR 1B […]

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Reclinker raises £10m to turn demolition waste back into cement

Reclinker, a startup that turns demolition waste back into cement, has raised £10m in a Series A round. It will use the money to move from trials to full commercial production in Cardiff. The company said on Monday that its process cuts cement’s emissions in half, at the same cost as conventional cement. Clean Growth […]

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Exclusive: Danish legal research startup Pandektes raises €13.5M Series A

The law is spread across millions of documents in many different places, and finding the right one takes lawyers a lot of time. For decades, a handful of publishers have done that work for them, and in most European countries lawyers have had little choice but to pay for it. In early 2023, Casper Laursen […]

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