Author: dweetleapp
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Zilch bags payments licence
Zilch, the UK BNPL fintech, has received a licence which it says willremove its reliance on third parties and allow it to build more payment methods in-house. Zilch, which is backed by Goldman Sachs and eBay, also said it had strengthened its ties with Visa, which earlier this year replaced Mastercard as Zilch’s card network read more
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Zentio raises €1.4M for AI-native production planning
Berlin-based Zentio has closed a €1.4 million pre-seed funding round led by HTGF, with additional support from SIVentures. Alongside capital, the investors will provide strategic and operational support for Zentio’s next phase of growth. Industrial companies make thousands of decisions every day, from minor operational adjustments to major strategic shifts, and each choice can trigger read more
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Internxt AI debuts as Europe’s answer to ChatGPT — with total user anonymity
This week, Spanish technology company Internxt launched Internxt AI, a conversational AI tool designed as an ethical and secure alternative to tools like ChatGPT. Internxt AI prioritises user privacy, total anonymity and strict compliance with European regulations, offering an accessible, sovereign AI experience free from mass surveillance. This launch aligns with Internxt’s mission to establish read more
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Trendtracker raises $7M to scale its AI strategic intelligence platform
Ghent-based tech scale-up Trendtracker has closed a $7 million Series A funding round led by Armilar, with participation from existing investor Capricorn Partners. The investment will support the further development of Trendtracker’s autonomous AI strategy and foresight platform, which is designed to help organisations streamline strategic research, planning, and decision-making amid growing demand for AI read more
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Brain tumour or radiation necrosis? AI can tell them apart
York Research Chair and Professor Ali Sadeghi Naini, lead author on the study. Image source: YorkUniversity “The study shows, for the first time, that novel attention-guided AI methods coupled with advanced MRI can differentiate, with high accuracy, between tumour progression and radiation necrosis in patients with brain metastasis treated with stereotactic radiosurgery,” says York Research read more
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Vulvodynia: study paves way for patient-centred treatment
Athina Zoi Lountzi Image source: University of Stirling Athina, of Stirling’s Faculty of Natural Sciences, said: “This is, to our knowledge, the first participatory, consensus-driven prioritisation focused specifically on vulvodynia research. It shows that patients and clinicians agree that better education for healthcare providers, improved care pathways and multidisciplinary support are top priorities for vulvodynia read more
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Hiro Capital snaps up Nick Clegg and Yann LeCun, as launches fund
London-based VC firm Hiro Capital has snapped up two high-profile individuals from the European tech scene, as it launches a new fund targeting the European scaleup gap. Nick Clegg, theformer deputy PM and former Meta executive,is joining as general partner and Meta’s outgoing chief AI scientist, Yann LeCun, is joining Hiro Capital’s advisory board. The read more
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Vine-inspired robotic gripper gently lifts heavy and fragile objects
In the horticultural world, some vines are especially grabby. As they grow, the woody tendrils can wrap around obstacles with enough force to pull down entire fences and trees. Inspired by vines’ twisty tenacity, engineers at MIT and Stanford University have developed a robotic gripper that can snake around and lift a variety of objects, read more
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University of Cambridge quantum spinout nets record $60M Series A
A University of Cambridge quantum computing spinout, which is building the infrastructure needed for scaling quantum computers, says it has raised the largest ever quantum Series A in the UK. Nu Quantum has raised $60m in a funding round led by National Grid Partners, the VC unit of National Grid, with participation from Gresham House read more
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Mondu secures €100M debt facility and partnership from J.P. Morgan Payments
Berlin-based Mondu, a provider of B2B payment solutions, has secured a €100 million debt facility from J.P. Morgan Payments to scale its offering and support its expansion across Europe. Founded in 2021 by Malte Huffmann, Philipp Povel, and Gil Danziger, Mondu provides B2B payment solutions designed to simplify business transactions across Europe. With a focus read more
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Matta raises $14M to develop “sentient factory” technology
London-based Matta, an industrial AI spin-out from the University of Cambridge, has raised $14M in seed funding to transform how products are designed and manufactured. The round was led by Lakestar, with participation from Giant Ventures, RedSeed VC, InMotion Ventures, 1st Kind (Peugeot family), Unruly Capital, and Boost VC, alongside grant support from Innovate UK read more
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