Tag: power
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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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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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Art and Power Collide in New York City
New York Newsletter The Epstein files rip through the art world’s elite, yet hope emerges in the work of Goya, Amazonian artists, and three millennia of storytellers. Call it conceited, call it tunnel vision, call it East Coast elitism or editorial hyperbole, but sometimes it really does feel like everything in the world runs through read more
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The Political Power of Glitter
Daily Newsletter Damien Davis on the loss of an artist’s archive, glitter’s defiance, Mona Lisa in the Epstein files, and more. Last summer, I did face painting at a block party in my Brooklyn neighborhood. In the sweltering August humidity, I rendered pink butterflies and Spiderman webs on tiny, sticky faces; unsurprisingly, my designs didn’t read more
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Willo secures €2.9M to commercialise alignment-free wireless power
Finnish-headquartered deeptech company Willo has raised a €2.9 million Pre-Seed round to accelerate the development of its wireless power system. While most wireless power systems depend on alignment or directionality, Willo has designed a system that keeps devices charging over the air even as they move and rotate. From hackathon meeting to deeptech founders Willo read more
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The power crunch threatening America’s AI ambitions
Many utility companies are pinning their short-term hopes on “demand response” solutions that require companies to curtail activity at peak times. AI model builders typically run data centres at full capacity during “training runs” — where they feed LLMs with vast amounts of data to improve accuracy. These rises in activity can clash with consumption read more
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United Manufacturing Hub bags €5m to power a shared data backbone for factories
Industrial data management platform United Manufacturing Hub (UMH) has raised €5 million in funding to accelerate its mission of building the foundational data layer for global manufacturing. The round was led by KOMPAS VC, with participation from seed + speed Ventures, Sustainable Future Ventures, Archimedes New Ventures, and renowned industry angels, including Jan Oberhauser (Founder read more
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Enlightra exits stealth with $15M to power energy-efficient AI data centre lasers
Enlightra, a deeptech startup developing chip-scale multiwavelength lasers for next-generation data transmission, has raised a total of $15 million. Investors include Y Combinator, Runa Capital, Pegasus Tech Ventures, Protocol Labs, Halo Labs, Asymmetry Ventures, and TRAC VC, among others. Modern AI training increasingly depends on faster connections between GPUs, yet many systems still rely on read more
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Elvy raises €500M to power its next-generation energy solution
Swedish energy company Elvy has secured a €500 million financing package from Scayl and a banking partner to fund home energy packages offered through a monthly subscription model. The packages include solar panels, heat pumps, and home battery systems, and are designed to remove the need for large upfront investments. Elvy is providing integrated home read more
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Fal raises $140M Series D to power the next era of real-time generative media
Real-time generative media platform fal today announced a $140 million Series D financing, bringing its funding to over $400 million. Türkiye-founded, fal is an infrastructure layer for real-time AI-generated content, enabling developers and enterprises to run any model—open-source, private, or commercial—through a single, ultra-low-latency serverless API. The platform automatically scales globally and eliminates DevOps overhead, read more
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From heat waste to heat source: Power Mining launches shipping-container data centres for city heating
Personal Bitcoin mining device manufacturer Power Mining has developed a portable data centre that will heat towns using residual heat from Bitcoin mining. Bitcoin mining consumes a significant amount of electricity globally eliciting significant greenhouse gas emissions and local air-pollution impacts. In response, the sector is advocating for ways to not only reduce the energy read more
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Skeleton opens €220M Leipzig SuperFactory to power Europe’s AI and grid stability
Skeleton Technologies has officially opened its €220 million SuperFactory in Markranstädt, near Leipzig. The facility is already delivering to Siemens, General Electric, and Hitachi Energy for European electrical grids, and to major US hyperscalers for AI infrastructure. I sat down with CEOTaavi Madiberk to learn all about it. Skeleton Technologies is a European global leader read more
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Neuracore raises $3M to power next-gen robots and open robotics research
London-based Neuracore, a robot learning platform focused on faster scaling and deployment, has closed a $3 million pre-seed round led by Earlybird Venture Capital, with participation from Clem Delangue (Co-founder & CEO of Hugging Face) and advisors from academia, hardware, and AI. Founded in 2024 by Stephen James, Assistant Professor of Robot Learning at Imperial read more
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Recruiting platform Helio AI secures $1M Seed to power faster, fairer frontline hiring
Recruitment tech startup Helio AI has secured a $1 million Seed round led by SABAH.fund, joined by DOMiNO Ventures, Axiom, Tetrad VC,and Angel investor Bas Godska. The US-based, Georgian-founded team has developed an AI-powered recruiting platform for high-volume and frontline hiring. It combines an intelligent recruiting agent, able to chat, think, and act in local read more
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