London-based AI firm Edgify has secured a $6.5 million seed funding round, as it seeks to expand work processing data generated at so-called “edge” devices. The round was led by Octopus Ventures,…
Italy’s Phononic Vibes Raises $2.7m for Noise-Reduction Tech
Italian deeptech startup Phononic Vibes, which creates solutions for noise and vibration reduction, has secured a €2.3 million ($2.7m) funding round led by compatriot firm EUREKA! Venture SGR. The round, which builds…
Google Invests in Atlanta’s Black Entrepreneurs
Google for Startups, the tech giant’s entrepreneur wing, will invest in a host of Black entrepreneurs in Atlanta, as part of the company’s $5 million Black Founders Fund. Thirty-five of the Fund’s…
Seaya Ventures Launches $100m DeepTech Fund
Spanish VC Seaya Ventures has announced the launch of its third fund, Seaya Ventures III, which will plough €85 million ($100m) into leading-edge deeptech startups. The fund, which has a target of…
Treasure8 Scales its Revolution Against Food Waste
Humans waste around 1.3 billion tonnes of food each year – that’s enough to fill around two-thirds of Lake Eerie. Agriculture contributes almost a fifth of the world’s greenhouse gas emissions, and…
UK’s Kindred Capital Closes $105m Fund
London-based VC outfit Kindred Capital has closed a second fund for £81 million ($105m). It is a small increase on Kindred’s first fund, which closed in 2018 and has invested in 29…
TikTok and Oracle Team Up, as Microsoft Bid Fails Dramatically
Oracle will partner with social media platform TikTok in the United States, as a bid from Microsoft was rejected. The terms of the Oracle deal have not yet been made public, but…
SoftBank Value Plummets on Shaky Tech Deals
Japanese giant SoftBank has seen its share price fall sharply today, due to its exposure to continued US-tech selloffs. The company opened trading on Monday 2.6% down, and ended it with a…
Musician Andrew Paley Creates AI Videos: “Collaborating with a Machine Fit the Moment”
Andrew Paley first appeared on music radars in 2002 with his Burlington, Vermont-based post-punk band The Static Age. But the musician has another life in tech – and this year he’s combined…
EduTech Outfit Eruditus Raises $113m, as E-Learning Explodes Worldwide
Education startup Eruditus has raised $113 million in a Series C funding round, as the company continues to provide universities with online learning options amid the COVID-19 pandemic. The round was led…