Fundraising announcement
July 2, 2024
Switzerland
RedStone Oracles raises $15M to further expand its oracle products
The Switzerland-based startup with Polish roots RedStone has announced the closure of its $15 million Series A round led by Arrington Capital. RedStone’s modular architecture will determine the next wave of dApps by offering the most gas-optimized and secure oracles in the DeFi space.
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Fundraising announcement
June 25, 2024
USA
TestParty raises $4M to help automate the coding for accessible websites
TestParty, a software compliance company powered by AI, announced a $4 million seed round today co-led by Harlem Capital and the Urban Innovation Fund. The new funding will further accelerate their mission to give engineers the skills that they need to write ADA-compliant code and help businesses avoid violating global digital accessibility regulations.
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Fundraising announcement
May 23, 2024
USA
Lumos secures $35M funding to launch the unified access platform
San-Fransisco based Lumos, a software company centralizing the management of apps and identities for IT and security teams, announced its $35M Series B financing led by Scale Venture Partners with participation from Andreessen Horowitz, Harpoon Ventures, Neo and others.Lumos revenue has grown 9x since its last fundraise, and has won over top enterprise customers like Pinterest, MongoDB, and GitHub.
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Fundraising announcement
May 17, 2024
Germany
Codesphere raises €16.5M to reduce infrastructure costs in DevOps
Karlsruhe-based Codesphere, which enables developers to program and scale complex applications directly in the cloud, has secured €16.5 million in funding. Pan-European VC Creandum led the investment round with existing investors including LEA Partners, Begin Capital, 42CAP and 468 also participating. This new capital injection will allow the company to expand its services further, including developing new solutions to manage the cost efficiency of large language models (LLMs) and improve collaboration within development teams.
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Fundraising announcement
April 24, 2024
Germany
Parloa receives €61.7M to expand AI-powered customer service platform
Berlin-based Parloa, a leader in AI-powered automation for customer service, announced that it has raised €61.7 million in Series B funding led by Altimeter Capital, with participation from new and existing investors EQT Ventures, Newion, Senovo, Mosaic Ventures and La Famiglia Growth. The funding brings Parloa’s total capital raised to-date to $98 million, following its $21 million Series A funding round led by EQT Ventures in 2023.
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Awards
April 12, 2024
Europe
Forbes Europe 30 Under 30 2024 list features 12 Sigma Squared Fellows
The 2024 Forbes Europe 30 Under 30 list has unveiled its latest cohort, highlighting 12 exceptional Sigma Squared Fellows spanning Technology, Social Impact, Finance, Media & Marketing, and Healthcare & Science. This year's lineup reflects the growing influence and economic prowess of young leaders. The entrepreneurs and innovators featured on the 2024 list have collectively raised over $1 billion, spearheading transformative ventures.
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Fundraising announcement
March 27, 2024
Singapore
peaq raises $15M to expand its DePIN ecosystem
peaq has raised $15M to strengthen its web3 network, which enables communities to mobilise around improving physical infrastructure, as the company prepares for launch. Currently, peaq hosts 20 decentralized physical infrastructure networks (DePINs), decentralized apps that use tokens to incentivize people to crowdsource and build connected real-world infrastructure. The funding anticipates peaq's network launch after years of R&D.
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