Tag: development
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Plume raises €3.3M to cut years from renewable energy development timelines
Plume, a Franco-American startup specialising in geospatial AI for renewable energies, has raised a €3.3M funding round led by AENU, with participation from Y Combinator, Kima Ventures, Raise Phiture, Better Angle and Collab Fund. Founded by Edouard Labarthe (ex-Palantir) and Marc Watine (ex-Harvard researcher in geospatial and AI), the startup was incubated by Y Combinator- read more
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Wearable Robotics closes €5M Series A to scale development
Wearable Robotics, an Italy-based company developing wearable robotics for neuromotor rehabilitation, has raised €5 million in a Series A funding round to support international expansion and product development.The round was led by CDP Venture Capital, with participation from MITO Technology, LIFTT, SIMEST, RoboIT, and Toscana Next, a co-investment fund managed by CDP Venture Capital. The read more
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Paparuda Studio lands €210K to launch Moldova’s next generation of game development talent
Today, Moldovan game development studio Paparuda Studio secured an investment of over €210,000 (4 million MDL) to develop its first internationally targeted video game, marking a new step in the country’s transition toward high-value digital industries. Founded in 2026 by Victor Marchitan, Artiom Snegur, and Alex Culeva, Paparuda Studio represents a new generation of Moldovan read more
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Overmind launches with £2M in seed funding to support development of agentic AI
London-based Overmind, which is developing a supervision layer for AI agents, has closed a £2 million seed funding round. The round was led by specialist cybersecurity investor Osney Capital, with participation from 14Peaks, Portfolio Ventures, Antler, and Endurance Ventures. As agentic AI systems advance, security requirements are becoming more complex and are increasingly difficult to read more
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Optalysys raises £23M to support photonic computing development
Leeds-based photonic computing company Optalysys has raised £23 million in a Series A extension round led by Northern Gritstone, with participation from imec.xpand, Lingotto Horizon, and the UK government’s National Security Strategic Investment Fund (NSSIF). Optalysys is developing a photonic computing approach that integrates data movement and processing on a single chip, combining silicon photonics read more
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Nigeria: FG to Partner Niger On Tourism Development
The federal government and the Niger State Government are to develop the state’s tourism and cultural assets, with a focus on repositioning festivals such as Hawan Bariki to drive economic growth, job creation and national cultural visibility. The federal government has pledged to collaborate with the Niger State Government to develop the state’s tourism assets read more
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Wodan AI closes a €2M round to advance sovereign AI development in Europe
Wodan AI, a startup specialised in running artificial intelligence models directly on fully encrypted data, has closed a €2 million pre-seed round led by Spanish funds JME Ventures, Swanlaab and Adara Ventures, with additional participation from ScaleFund in Belgium. Wodan AI is a European company developing homomorphic encryption technology for use in artificial intelligence. Its read more
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UN Development Program and Wazoku invite startups to pioneer new tech for underwater mine detection
The United Nations Development Programme (UNDP) has launched a global innovation challenge to identify bold, practical solutions that can help crisis-affected communities recover and rebuild from scientists, engineers and entrepreneurs around the world. Partnering with UK-based innovation platform Wazoku, the UNDP will crowdsource ideas through a series of open-innovation challenges to find simple solutions that read more
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Minitap secures $4.1M to make mobile development 10x faster with AI
Minitap, an AI-powered mobile development platform, has raised $4.1 million in seed funding. The round was co-led by Moxxie Ventures and Mercuri, with participation from EWOR, Tekton Ventures, Amigos Venture Capital, and several unicorn founders. It also attracted a strong group of AI infrastructure experts, including Thomas Wolf, Stefan Glanzer, Michael Breidenbrucker, Paul Muller, Petter read more
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