Tag: power
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Deliverance AI exits stealth to power sovereign enterprise AI
Deliverance AI, a UK-founded provider of enterprise AI infrastructure, has emerged from stealth, reporting £6 million in annual recurring revenue (ARR), more than 30 employees, and six enterprise customers within three months of incorporation. The company is developing what it describes as an Agentic Operating System (OS) designed to help governments, regulated industries, and large read more
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Volteum bags €2.5M to power EV and mixed fleet operations
Volteum, a fleet management platform designed for electric and mixed fleets, has raised €2.5 million in funding in a round led by Movens Capital, with participation from WakeUp Capital and Aidiom, alongside follow-on investment from existing backers Day One Capital, Techstars and Nesprit. The investment brings the company’s total funding to €3.75 million and will read more
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German VC coalition calls for institutional capital shift to power next-gen startups
24 of Germany’s leading venture capital funds have joined forces to launch the German Venture and Growth Forum and publish the German Venture & Growth Playbook, which uses market data to highlight the venture capital asset class’s risk-return dynamics and investment potential. The news is launching today at the “Future at the table”, a side read more
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REPS raises $23.6M to turn roads into power plants by harvesting energy from traffic
Tyrol energy generation startupREPS today announced a $23.6 million equity financing round to scale its Road Energy Production System, a patented “road power plant” that converts vehicle traffic into electrical energy. Its core product is a patented road power plant that installs directly into existing road infrastructure and harvests energy from trucks and cars driving read more
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Gyver scores €1.4M to help power Europe’s industrial workforce
Gyver, the Italian startup developing workforce infrastructure for Europe’s industrial and energy sectors, has raised €1.4 million in pre-seed funding. The round was led by Brighteye, with participation from āltitude, Vento Ventures, Zanichelli Venture and existing investor Antler, alongside several business angels. Founded by Francesco Defendi, Leo Acciarri and Mattia Zarrelli, Gyver is focused on read more
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Tolemy Bio lands €1.4M to power AI-driven cell biology
Cambridge-based biotech startup Tolemy Bio has raised €1.4 million in pre-seed funding to advance its AI-enabled technology for cell biology research and biopharma development. The round was led by Norrsken Evolve, with participation from Big Sur Ventures, JME Ventures, Masia, and a new UK-based stealth fund. Founded by Alex Ward and Caelan Anderson, Tolemy Bio read more
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Pit launches with $16M, led by Andreessen Horowitz, to power AI-native enterprise operations
Stockholm-based Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools used in enterprise operations, has announced its public launch. The company also raised $16 million in funding led by Andreessen Horowitz (a16z), with participation from Lakestar, its founders, and angel investors including executives from OpenAI, Anthropic, Google, Deel, and read more
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7 Artists Discuss the Power and Urgency of Textiles
“We live with so many hard things,” says Sheila Hicks, “that we’re crying for softness.” The pleasure, simplicity, and tactile qualities of textiles ground a new film from Louisiana Channel, which explores the ways in which fiber art remains both evocative and relevant in this increasingly digital era. “7 Artists on Soft Sculptures” weaves together read more
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Tapaya raises €1M pre-seed to power payments on any device
Prague-based payments infrastructure startup Tapaya has raised €1 million in a pre-seed funding round led by Passion Capital, with co-lead participation from Depo Ventures and follow-on investment from BADideas.fund. Founded in 2025 by Laura Ďorďová, Roman Kuchařík, and Petr Zahradník, Tapaya is developing infrastructure that enables banks, fintechs, and software platforms to integrate in-person payment read more
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Redpine secures €6.8M to power AI with premium data
Swedish AI company Redpine has raised €6.8 million in a seed funding round led by NordicNinja, with participation from Luminar Ventures and node.vc. The investment will support the company’s international expansion and further development of its AI data platform. Founded in 2024 by Anders Hammarbäck and David Österdahl, Redpine focuses on addressing a key limitation read more
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Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power
Helsinki-based AI infrastructure company Verda (formerly DataCrunch ) has raised $117 million in new funding. The round comprises equity funding led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and other investors, alongside debt financing from a group of Nordic financial institutions. Founded in 2020, Verda is building AI cloud infrastructure that allows developers read more
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Wenite secures €1.8 million to power the future of data-driven HR
Wenite, a Ghent-based HR tech startup, has raised €1.8 million in funding to accelerate its European expansion and strengthen its position as an infrastructure provider for HR service firms. The round includes €1.2 million in equity financing from Imec.iStart, and a group of private investors from the HR sector. Across Europe, HR service providers, including read more
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Wamo closes €10M Series A to power European SMEs
Wamo, a financial operating platform for small and medium-sized enterprises (SMEs), has raised €10 million in a Series A funding round to support its expansion in Italy and the Nordic region, enhance product capabilities, and roll out AI-driven tools. The majority of the funding was provided by TCEE Fund IV, advised by 3TS Capital Partners, read more
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TerraSpark advances space-based solar power with €5M funding
TerraSpark, a developer of space-based solar energy systems, has raised over €5 million in a pre-seed financing round. Investors include Daphni, better ventures, the Hans(wo)men Group, and a group of strategic business angels. TerraSpark is developing a long-term approach to energy generation based on space-based solar power, aiming to provide continuous energy independent of weather read more
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German INCIRT secures €4.8M to power next-gen chip architecture in Europe
INCIRT, an Aachen-based deeptech company, has closed a €4.8 million funding round led by Lifeline Ventures, with participation from High-Tech Gründerfonds. INCIRT is developing a new generation of data converters capable of delivering up to 100 times faster data conversion than conventional approaches. Instead of relying on increasingly smaller and more costly manufacturing nodes, the read more
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Awards Season and the Management of Cultural Power
Award season now arrives less as a sequence of events than as a continuous atmosphere. Announcements blur into ceremonies, ceremonies into press cycles, press cycles into speculation about the next stage. The art world has begun to mirror this rhythm, producing its own awards, its own stages, its own moments of recognition that appear to read more
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Carmen Reviriego on Spain’s cultural funding future
Carmen Reviriego talks less like the head of cultural foundation than someone building an engine. On a warm evening in Madrid, at the Royal Academy of Fine Arts of San Fernando, she moved through the International Patronage Awards with calm efficiency, greeting patrons (like ARTnews Top 200 collector Batia Ofer, this year’s winner of the read more
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Power Protocol reaches $15.4M total funding to expand gaming ecosystem
London-based Power Protocol, a blockchain infrastructure platform for gaming and digital entertainment, has secured a $3 million investment from BITKRAFT Ventures, bringing total ecosystem funding to $15.4 million. Power Protocol is a Web3 gaming ecosystem designed to connect games, studios, players, and digital assets through shared infrastructure. Powered by the $POWER token and developed by read more
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Einklang secures €2.2M for battery-optimised industrial power solutions
Cologne-based Einklang, which specialises in integrated energy solutions for Germany’s mid-sized companies, has secured €2.2 million in funding. The round was led by Vireo Ventures, with participation from SI Ventures, Saxovent, Angel Invest, Heimatboost and DnA Ventures. Einklang is an Energy-as-a-Service provider focused on serving small and medium-sized enterprises in Germany. The company delivers integrated read more
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Meet Cute: Collaboratove Duo DABSMYLA Communicates through Color, Pop Culture & The Power of Piles of Cute – Hi-Fructose Magazine
The project did come with challenges. For artists who cross over into the mainstream commercial realm, growing pains come with the growing venues that contain their vision. “Because we had only ever built experiences like this for gallery settings, one of the main things was that we didn’t take into consideration television and camera angles read more
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