Tag: nets
-
Christie’s Triple-Header 20th and 21st Century Evening Sales Nets $265 M., as London Proves It’s Still a Draw to Collectors
This week has shown that there’s still a lot of money sloshing around London’s art market; Christie’s three-pronged 21st/20th century evening sale on Thursday took £197.5 million ($265 million), one day after Sotheby’s modern and contemporary auction brought £131 million ($175 million). The result marked a 52 percent increase on the house’s equivalent sale last read more
Written by

-
Runware nets $50M Series A for ‘one API for all AI’ platform
UK-based AI workload startup Runware has raised a $50 million Series A round led by Dawn Capital, with participation from Speedinvest, Comcast Ventures, and existing investors including Insight Partners, a16z speedrun, Zero Prime Ventures, and Begin Capital. Runware provides infrastructure for enterprises to integrate AI into media-creation workflows. Its customers include Wix, Together.ai, ImagineArt, Quora, read more
Written by

-
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
Written by

-
Procure AI nets $13M to scale autonomous AI for procurement
London-based Procure AI, a company pioneering AI-native procurement automation for procurement and supply chain management, has raised $13 million in seed funding. The round was led by Headline, with participation from C4 Ventures, Futury Capital and notable angel investors from across the procurement industry. Procurement teams are under pressure to do more with fewer resources. read more
Written by

-
PowerUP nets €10M Series A to scale its dual-use hydrogen technology
Talliin-based PowerUP Energy Technologies has closed a€10 million Series A funding roundto accelerate the manufacturing and commercialisation of its hydrogen-powered electric generators.Co-led by Mercaton and ScaleWolf and joined by SmartCap’s Green Fund, the investment will enable further scaling of the technology, recognised for its dependable performance in extreme environments. PowerUP Energy Technologies, founded in 2016, read more
Written by
