IT HOT NEWS
August 2024
Investments in IT and Startups
Pylon Secures $17M to Build B2B Customer Service Platform
The startup has introduced a product that helps companies track, manage, and direct B2B customer conversations across channels like Slack, Microsoft Teams, and Discord. Over the last year, Pylon added features such as ticket generation, chatbots, and traditional communication channels.
28.08.2024
Planera Raises $13.5M to Solve Scheduling Problems for Construction Contractors
The construction tech startup offers software for scheduling commercial projects. The company has an autonomous software platform that helps contractors schedule and plan their long-term and short-term projects via a digital interface.
27.08.2024
Tilt Raises $18M in Series A to Build on Live Shopping App Success
The UK startup focuses on live selling of fashion items. The company is working on innovative features and community engagement to provide the best experience for both buyers and sellers.
22.08.2024
Dropbox Acquires AI Scheduling Tool Reclaim.ai
Reclaim.ai integrates with Google Calendar and helps users better manage their time and find time for meetings, tasks, personal habits, and breaks. Dropbox plans to continue developing the product under its leadership.
22.08.2024
Visa Invests $5M in Workpay to Enhance HR Management in Africa
The Kenyan startup provides cloud solutions for HR, payroll, and benefits management for businesses with employees across Africa. In the last 16 months, the company has added nearly 500 businesses to its platform and now serves over 1,000 clients in 20 African countries.
22.08.2024
Story Raises $80M to Build Blockchain for Intellectual Property
The startup is developing a blockchain platform to help intellectual property owners more effectively track its use. The funds will go toward further product development and entering the commercial market.
21.08.2024
SleekFlow Raises $7M to Enhance Conversational AI in Asia
The social commerce platform focuses on conversational AI for customer engagement in Asian markets. The funds will be used to further develop AI and scale across Southeast Asia, the Middle East, and Europe.
20.08.2024
The Rounds Raises $24M to Expand Household Essentials Delivery Service
The startup delivers household goods and essentials in reusable packaging. The new capital will go towards product development, hiring, and expanding the service to additional markets.
20.08.2024
Starpath Secures $12M to Accelerate Moon Water Mining Plans
The startup is betting on the emergence of a thriving market for liquid oxygen (LOX) derived from lunar water ice. LOX is a key component of fuel for spacecraft and is used as an oxidizer alongside fuel such as hydrogen, kerosene, or methane.
20.08.2024
AMD Acquires ZT Systems for $4.9B to Strengthen AI Ecosystem
The acquisition will bolster AMD’s position as an "ecosystem" partner for companies building large-scale AI projects. ZT Systems specializes in AI, cloud, and general-purpose computing infrastructure.
19.08.2024
CodeRabbit Raises $16M to Bring AI to Code Reviews
The CodeRabbit platform automates code review with advanced AI algorithms that understand developer intentions and provide actionable, human-like feedback. The new funds will go towards expanding the sales and marketing departments.
15.08.2024
Lockheed Martin Acquires Satellite Maker Terran Orbital for $450M
Lockheed Martin intends to pay off the satellite maker’s debts. This is not the first acquisition offer for the company.
15.08.2024
Ferretly Secures $2.5M to Launch Election Personnel Screening Tool
The startup is launching a platform to vet election commission staff. Ferretly uses AI to scan social media and public data to identify potential risks and patterns of behavior that may be missed in traditional checks.
15.08.2024
Definity Raises $4.5M to Transform Data Application Monitoring
Definity aims to provide companies with tools to monitor, correct, and optimize data pipelines. The startup supports a wide range of environments but specializes in Apache Spark-based applications.
14.08.2024
EliseAI Raises $75M for AI-Powered Chatbots to Assist Property Managers
The company develops tools for landlords to manage properties using AI. The chatbots are trained to answer questions and hold conversations with tenants, both prospective and current.
14.08.2024
Kiteworks Secures $456M to Protect Sensitive Data
Kiteworks develops tools to protect email and file sharing. The company stated that part of the funds would be used for asset acquisitions.
14.08.2024
Zepto Raises $340M as India’s Quick Commerce Market Grows
The Indian startup aims to capture a share of the competitive quick delivery market in India. Zepto plans to increase its annual sales volume by more than $1.5B.
13.08.2024
Encord Raises $30M to Expand AI Data Development Tools
Encord is a "data development" platform for companies managing and preparing data for AI models. The funds will be used to double its team of developers, engineers, and AI researchers and expand its San Francisco offices.
13.08.2024
Syfe Raises $27M to Accelerate Growth in the Asia-Pacific Region
The Singapore-based investment platform is working to make wealth management more accessible, offering various investment products and options through a mobile app. The company plans to release more products and accelerate growth in Singapore, Hong Kong, and Australia.
13.08.2024
ArborXR Secures $12M to Scale AR and VR Device Management Platform
The startup helps companies remotely manage AR and VR devices. Series A funding will go towards developing and scaling the platform.
13.08.2024
PayZen Raises $32M in Series B for Healthcare Financing Product
The startup aims to make healthcare more affordable by allowing patients to pay their bills in installments without interest or fees. Part of the funding will be used to pay off debt.
13.08.2024
Clearly Raises $4.3M to Cut CO2 Emissions from Trucking
The platform works based on anonymized data provided by its customers. Its dashboard offers fleet managers insights on emissions.
13.08.2024
WeRide, an Autonomous Vehicle Company, Plans for IPO
The Chinese startup is preparing for an IPO in the U.S., hoping to raise around $96M.
12.08.2024
Conduit Raises $6M to Expand Operations in Africa
The B2B cross-border payments platform found success after shifting from crypto to traditional banking services and is now entering African markets. Companies using its platform can make USD payments directly to bank accounts via ACH or SWIFT.
12.08.2024
Anysphere Raises $60M in Series A for GitHub Copilot Competitor
The startup has developed an AI-powered programming assistant called Cursor. The funding will go towards refining the product.
09.08.2024
Anduril Raises $1.5B to Scale Defense Technologies
Anduril aims to become the next major U.S. defense contractor. The funding will help scale its new software-defined manufacturing platform called “Arsenal.”
07.08.2024
Mechanical Orchard Raises $50M in Series B from GV
The startup uses AI tools and cloud services to create modernized versions of outdated company applications and services. The funding will be used to transform the company’s legacy systems.
07.08.2024
Payoneer Acquires 5-Year-Old Startup Skuad for $61M
The Singapore-based startup operates in HR and payroll management. Payoneer stated it could pay an additional $10M if Skuad meets various performance metrics.
07.08.2024
Muon Space Secures $56M to Scale Satellite Platform
The California-based company designs, builds, and operates satellites in low Earth orbit. Muon Space also announced a new deal with defense giant Sierra Nevada Corp.
05.08.2024
Placer.ai Raises $75M to Expand "Foot Traffic" Analytics
The startup conducts market research using AI-based location data. Placer provides a wide range of geolocation analytics to industries such as retail, events and entertainment, CPG, real estate, financial services, and healthcare.
05.08.2024
Groq Raises $640M to Challenge Nvidia
The startup is developing chips to power generative AI models. Groq plans to install over 108,000 LPUs by the end of Q1 2025.
05.08.2024
Aurora Innovation Raises $483M Ahead of Commercial Launch
The self-driving technology company is preparing to commercially launch autonomous vehicles by the end of 2024. The startup will use the funds for working capital and other general corporate purposes.
02.08.2024
Open Source Startup FOSSA Acquires StackShare
StackShare is one of the most popular platforms for developers to discuss, track, and share tools they use to build applications. The acquisition will help FOSSA extend its products for management and security to a broader developer audience.
01.08.2024
Healx Raises $47M for AI Drug Discovery Platform for Rare Diseases
The British startup uses artificial intelligence to discover new treatments for rare diseases. The company announced that it has received regulatory approval to begin phase two clinical trials of a new drug in the U.S.
01.08.2024
Axle Energy Receives $9M from Accel to Accelerate Grid Decarbonization
The UK-based startup took the opportunity to accelerate the decarbonization of the energy system. The company focuses on connecting flexible assets like electric vehicles, home batteries, and heat pumps to energy markets.
01.08.2024
Software Development
and Innovations
IBM Cloud to Offer Intel Gaudi 3 AI Chips
The chip accelerators will be available for both hybrid and on-premises environments. IBM plans to integrate Gaudi 3 support into its Watsonx AI and data platform.
29.08.2024
Niantic Aims to Create Detailed 3D Map with Scaniverse App
The new version of Scaniverse allows users to capture objects around them with more detail. It uses Gaussian scanning, which collects more data points for accurate and detailed representations, offering faster rendering.
26.08.2024
Ring’s New Doorbell Features Head-to-Toe Video
Ring has introduced a new battery-powered doorbell version. Buyers will benefit from extended battery life, color night vision, a head-to-toe view of visitors, and a new pin-based mounting system.
21.08.2024
ElevenLabs Text-to-Speech App Now Available Globally
The Reader app is available worldwide, supporting 32 languages. It allows users to upload any text content, such as articles, PDFs, or e-books, and listen to them in multiple languages.
19.08.2024
Telegram Adds New Ways to Monetize Content
The platform introduces monthly paid subscriptions that users can purchase using the app’s digital currency—stars. Content creators can now create invite links, allowing users to join channels in exchange for monthly fees.
14.08.2024
Google Adds New AI Features for Photo Editing and Image Generation
The "Add Me" feature allows the person taking a group photo to become part of it. "Auto-Cropping" helps adjust image composition to focus on subjects or people in the photo.
13.08.2024
Google Launches Gemini Live Voice Mode
Gemini Live allows users to engage in "deep" voice conversations with Gemini, Google’s AI-powered chatbot. Users can interrupt Gemini to ask clarifying questions, and the assistant will adapt to the user’s speaking style in real-time.
13.08.2024
Assistant Silvia Understands “Spanglish” and Other Language Mixtures
Silvia is an app located on the left side of the keyboard. By clicking on the icon, users can speak in their preferred language mix, and the app will transcribe the text. Currently, it supports only Spanish and English, but French, Romanian, Ukrainian, German, and Dutch will be added soon.
08.08.2024
Flighty App Can Now Predict Flight Delays
Flighty 4.0 tracks two main causes of delays—late-arriving planes and airspace issues. The primary goal is to inform users of delays earlier than the airlines.
06.08.2024
Figure Robot Uses OpenAI for Natural Speech
The Figure 02 robot is equipped with speakers and microphones to talk and listen to people. It has already visited an automotive manufacturer’s plant in Spartanburg, South Carolina, for training and data collection.
06.08.2024
Apple’s New Safari Feature Removes Distracting Elements from Websites
Users can access the "Manage Distractions" tool from the "Page" menu in the Smart Search field. After selecting an element to remove, Safari will remember to remove those elements during future visits.
05.06.2024
Google Adds Gemini and Lens-Based Search to Chrome Desktop
Lens will be available to users worldwide in the address bar and the menu. Google is also introducing a new feature called "Tab Comparison," which will help with shopping. Chrome will provide AI-generated summaries of similar products from nearby tabs.
01.08.2024
June 2024
Investments in IT and Startups
Axelera raises new funds amid growing AI chip market
The funding supports the startup’s mission to democratize access to AI. According to Statista and Market.us, the AI chip market could generate $67 billion in revenue by 2027.
28.06.2024
Odaseva raises $54 million in Series C to protect Salesforce users
The startup focuses on ensuring a secure environment. The Odaseva team has created a leading platform for enhancing data resilience for the Salesforce ecosystem.
27.06.2024
Synthflow secures $7.4 million for no-code voice assistance platform
The Berlin-based startup is developing a platform with artificial intelligence for small and medium-sized businesses. The new funding will be directed towards research and development.
26.06.2024
Creatio raises $200 million to develop CRM platform and document automation
The company essentially offers clients a front office: sales, customer relationships, marketing, and service management processes. The startup's main competitors include Oracle, Salesforce, Microsoft, and SAP.
26.06.2024
Volkswagen Group invests $1 billion in electric vehicle startup Rivian
As part of the deal, the two companies will form a joint venture to develop software and technology. Rivian will share its expertise in electrical architecture with VW and is expected to transfer existing intellectual property rights to the joint venture.
25.06.2024
EvolutionaryScale raises $142 million for protein-generating AI
The startup EvolutionaryScale will direct investments towards creating AI models that generate new proteins for scientific research. The funding round was supported by Amazon and NVentures, Nvidia's corporate venture arm.
25.06.2024
OpenAI acquires Rockset to bolster its enterprise AI
Rockset creates tools for real-time data search and analytics. OpenAI stated that it would integrate Rockset’s technology to enhance infrastructure across all products.
21.06.2024
Daydream receives $50 million to create an e-commerce search engine
Daydream focuses on providing personalized shopping results using generative artificial intelligence, machine learning, and computer vision. The company plans to offer the platform in beta to US consumers this fall.
20.06.2024
Cadana raises $7.1 million for payroll platform
Cadana optimizes the payroll process for HR companies. The platform’s geography has already covered 32 developing countries, including Brazil, Ghana, Nigeria, Pakistan, and the UAE.
20.06.2024
French quantum computing startup C12 raises $19.4 million
The C12 team is working on its business ecosystem. The startup's current focus is on the chemical industry and energy. One industry uses quantum computers to model chemical reactions, while the other solves optimization problems.
19.06.2024
Tinybird raises another $30 million to transform data into real-time APIs
The company works with well-known clients such as Vercel, Canva, and FanDuel. This round will help accelerate initiatives that will strengthen the advantages of the real-time data processing platform for engineering and information teams.
17.06.2024
Enveda raises $55 million to combine ancient remedies with AI for drug discovery
Identifying, isolating, and testing natural molecules is more complex and labor-intensive than synthesizing new compounds in the laboratory. Enveda identifies plants with the highest likelihood of yielding drugs; team members collect materials and test them using a laboratory and AI model
14.06.2024
Amazon plans to spend $230 million on generative AI startups
The investments will position Amazon AWS Generative AI Accelerator as an attractive choice of cloud infrastructure for startups developing generative AI models for their products. Most of the new tranche will come in the form of credits for AWS infrastructure.
13.06.2024
AccountsIQ secures $65 million to enhance bookkeeping tools with AI
The company offers a range of digital accounting services, tax services, and reporting. The funds will be directed toward creating the "financial function of the future" — cloud-based automated services supported by artificial intelligence to help accounting departments work faster and better.
12.06.2024
Restate raises $7 million to expand operations
The main goal of Restate is to simplify the development of distributed applications. The company announced the release of version 1.0 with an open BSL license and the launch of a managed cloud service.
12.06.2024
AI news reader Particle raises $10.9 million
The startup offers an AI-powered app to summarize news from various publishers. Partnerships and investments are intended to show how serious Particle is about collaborating with publishers.
11.06.2024
Paris-based AI startup Mistral AI raises $640 million in Series B
The company is working on foundational AI models to compete with the most productive GPT-4 from OpenAI, Claude 3 from Anthropic, and Llama 3 from Meta. The company also offers a chat assistant called Le Chat, which is currently available for free.
11.06.2024
Cognigy secures $100 million to automate contact centers
Cognigy develops its generative AI models to enhance its platform. The startup plans to invest the new capital in geographic expansion across the US and developing new products.
11.06.2024
Stake raises $14 million to expand operations in Saudi Arabia and the UAE
Stake intends to use the investment to implement its international plans. Most of the funds will be directed toward opening an office in Saudi Arabia and expanding operations in Abu Dhabi. Some of the money will also be used to offer additional options in Dubai, such as commercial real estate investments.
10.06.2024
Anterior secures $20 million to expedite health insurance approvals with AI
The Anterior project aims to reduce denials and speed up patient access to medical care. Over time, the company plans to expand the scope of other healthcare administration functions.
08.06.2024
New battery manufacturer EnerVenue raises $515 million in initial round
The EnerVenue startup has introduced an alternative to lithium-ion batteries for long-term renewable energy storage. The funding will be used to implement the project.
07.06.2024
Tektonic AI raises $10 million to build GenAI agents for automating business operations
The Seattle-based startup combines GenAI with more traditional methods. The team is currently working on testing and refining the system with several development partners. Tektonic requires installation as a container in a virtual private cloud.
06.06.2024
Google acquires Cameyo to bring Windows apps to ChromeOS
Cameyo develops virtualization tools. By combining ChromeOS capabilities with innovative virtual application delivery technology, Google will enable companies to modernize their IT infrastructure while preserving investments in existing software.
05.06.2024
Tobiko secures $21.8 million to build a modern data platform
The startup aims to rethink data management by offering a dbt-compatible data transformation platform. It is based on popular open-source projects SQLMesh and SQLGlot.
05.06.2024
SAP to acquire digital adoption platform WalkMe for $1.5 billion
The deal with WalkMe will complement two other acquisitions made by SAP. In 2021, the company acquired the German firm Signavio, which deals with business process automation. At the end of last year, it purchased LeanIX, specializing in enterprise architecture management, mainly helping companies modernize faster.
05.06.2024
GetWhy platform raises $34.5 million in Series A
GetWhy is engaged in consumer research, helping companies conduct market research and extract insights from video interviews using artificial intelligence. The Danish company counts several well-known brands, including Nestlé, McDonald's, Nike, and L'Oréal.
04.06.2024
Storyblok raises $80 million to bring more AI into its CMS
The Linz, Austria-based startup works on a content management system (CMS) for organizations. Storyblok plans to use the funds for further expansion into Europe and the US, as well as for implementing new automation and artificial intelligence tools.
04.06.2024
Neural Concept raises $27 million to cut EV design time to 18 months
The Swiss startup plans to apply artificial intelligence to accelerate the design process. The startup’s product is currently used by Airbus, Bosch, General Electric, Mubea, Subaru, and four Formula 1 racing teams.
03.06.2024
Software Development
and Innovations
Character.ai allows conversations with various characters
Calls to virtual AI characters can be useful for practicing language skills or incorporating them into gameplay. The feature currently supports several languages, including English, Spanish, Portuguese, Russian, Korean, Japanese, and Chinese.
27.06.2024
Google Translate adds support for 110 languages
These languages include Afar, Cantonese, Manx, Punjabi (Shahmukhi), Tamazight (Amazigh), and Tok Pisin. The company said that the new languages are spoken by more than 614 million people, or about 8% of the world's population.
27.06.2024
Google improves search functionality in Chrome mobile app
Users will be able to experience new shortcuts for local search results, an updated address bar, Live sports cards for fans, and more personalized search recommendations. These features will appear on both Android and iOS devices.
26.06.2024
Video editing app Captions releases AI editing feature
The new feature adds custom graphics, as well as zooms, music, sound effects, transitions, and a moving background based on content to vertical videos. The main goal is to give users the ability to express ideas.
26.06.2024
Opera browser to feature AI-powered image generation
The beta version of Opera One introduces new multimedia controls, split tabs, and AI capabilities. Controls can be in a separate floating window, just like the picture-in-picture video module.
26.06.2024
Google integrates Gemini AI into Gmail
Gemini will help write emails and summarize the subjects of incoming messages. Google will also add the Gemini sidebar to Docs, Sheets, Slides, and Drive.
25.06.2024
Apple launches iPhone Mirroring on Mac
The beta versions of iOS 18 and macOS Sequoia include support for mirroring the iPhone directly to the Mac. Users will be able to use their phone on the computer, including launching iPhone apps and even moving files between Mac and iPhone.
25.06.2024
Style DNA app showcases generative chatbot for fashion recommendations
The AI-based app provides style recommendations based on selfies. It can suggest outfits based on height and body type, as well as items from the wardrobe that can be scanned with the phone’s camera and uploaded to the platform.
21.06.2024
SpaceX debuts portable Starlink Mini for $599
The mini-antenna weighs about 2.5 pounds with the stand, which is only about 60% of the weight of the standard Starlink antenna. The device operates with download speeds of over 100 Mbps.
20.06.2024
XReal introduces a device to connect Android apps to AR glasses
The Snapdragon-based device runs Android 14 and is equipped with a pair of 50-megapixel cameras for shooting 3D images and spatial videos. Beam Pro provides users with access to all Google Play apps, social networks, entertainment streaming, and gaming platforms.
18.06.2024
WhatsApp will support video calls for up to 32 people
The limit for video call participants in the messenger has been increased to 32 people. There is also a highlighting feature that automatically highlights the speaking participant and displays them first on the screen.
13.06.2024
Apple unveils iOS 18 with new AI-powered features
Apple demonstrated Apple Intelligence, a new "personal intelligence system" that will be used across all platforms. New features allow iPhone to understand languages on the device, added new image processing capabilities, and expanded Siri's functionality.
10.06.2024
French startup Ten ten invents portable walkie-talkie
The app allows users to receive messages even if the phone is locked. The main feature is that messages are not stored, so they can only be listened to once.
02.06.2024
May 2024
Investments in IT and Startups
Romanian startup FintechOS raises $60 million to protect banks from neobanks
The Romanian startup creates tools that help old banking and insurance companies offer new features and products provided by neobanks. Key clients of FintechOS include Société Générale, Admiral, Ben
30.05.2024
Slingshot raises $2.2 million for financial services for artists
Slingshot helps find the tools needed to manage financial operations. The company offers its own corporate card to centralize financial transactions on its platform.
29.05.2024
Solutions by Text raises $110 million for bill payments via text messages
The company allows users to pay their bills and apply for loans via text messages. The funding will be used for further organizational growth.
29.05.2024
Relay raises $32.2 million to help small businesses manage cash flow
Relay is a banking and capital management service for small and medium-sized businesses. The online platform is designed to help businesses control their cash flows.
29.05.2024
Faircado raises $3 million to expand its browser extension for buying used goods
Berlin-based company Faircado has created a browser extension and wants to become the hub for finding used products. When you search for a product on sites like Amazon, Zalando, or Patagonia, the extension matches images and text to offer pre-owned alternatives.
28.05.2024
Felix Pago raises $15.5 million in seed round for money transfers via WhatsApp
The fast-growing startup raised funding to expand its presence in Latin America and the US. The main interface is WhatsApp with a chatbot that simplifies sending and receiving cross-border money transfers, even using voice messages.
28.05.2024
Elon Musk’s xAI raises $6 billion in Series B xAI is an AI startup founded by Elon Musk.
The company plans to use the new funding round to launch its first product suite, build advanced infrastructure, and accelerate research and development of future technologies.
26.05.2024
Google invests $350 million in Indian e-commerce startup Flipkart
Flipkart leads the e-commerce market in India, serving hundreds of millions of consumers in small towns. The startup controls about 48% of the Indian e-commerce market. Flipkart competes with Reliance Retail, Amazon, and Meesho, backed by SoftBank.
24.05.2024
App developer Crowdaa raises 1.2 million euros for US expansion
The French company allows people with no development experience to easily create and launch mobile apps. The platform’s advantage lies in its technology: a full-stack service, a simple drag-and-drop interface, and integrated tools.
23.05.2024
Bolster raises $14 million led by Microsoft’s M12
The AI startup has developed a new approach to solving the problem of receiving suspicious emails with unwanted links. The company will use the new capital to expand its work on the popular free phishing check portal CheckPhish.
22.05.2024
Praktika raises $35.5 million to use AI avatars for language learning
The Praktika language learning app allows creating personalized avatars using AI to simulate working with a private tutor. The funding will be directed towards further platform development.
22.05.2024
Autodesk acquires VFX startup Wonder Dynamics
Wonder Dynamics is a startup that enables quick and easy creation of complex characters and visual effects using AI-based image analysis. The two companies have been closely collaborating for many years.
21.05.2024
80,000 daily users bring Farcaster $150 million in funding
Farcaster is a social protocol that allows developers to build other applications on top of it. The most popular is the social network Warpcast, which is similar to X (Twitter).
21.05.2024
French AI startup H raises $220 million in seed round
H aims to work on AI agents: automated systems that can perform tasks traditionally done by humans. The company plans to achieve full artificial general intelligence (AGI) — a concept where AI can solve a wide range of tasks at a level comparable to human intelligence.
21.05.2024
Vitesse closes $93 million Series C to drive US growth
Vitesse aims to provide insurance companies with a unified platform for treasury and payment management. The company is doubling its efforts to expand in the US, facilitated by the appointment of Kurt Hess, who will lead its US growth.
21.05.2024
CyberArk acquires Venafi for $1.54 billion to enhance machine-to-machine security
Venafi’s technologies focus on ensuring security and understanding data flows between machines. As a result of the deal, CyberArk plans to expand its market presence.
20.05.2024
Agora raises $34 million in Series B for Carta development
The company develops software that manages data, automates reporting, simplifies fundraising processes, and provides accounting and tax services to real estate investment companies. Agora plans to start serving clients in Central and South America and Australia.
16.05.2024
Recall.ai raises $10 million in early round to help companies use virtual meeting data
The startup has created infrastructure and a unified API that allows companies to access raw data from virtual meeting platforms like Google Meet, Microsoft Teams, Slack Huddles, Zoom, and even platforms without an API. Users can create AI-based meeting bots themselves.
16.05.2024
CoLab raises $21 million for engineering collaboration tools
The company’s tools allow engineers to view project files, capture and track feedback, and document issues on a single dashboard. Companies like Ford, Johnson Controls, and Schneider Electric currently use CoLab solutions.
16.05.2024
Alkira raises $100 million for cloud connection solutions
Alkira’s latest development is “network infrastructure as a service,” which allows managing hybrid cloud assets as a unified whole. Alkira has all the capabilities to unlock growing potential with its visionary approach, market popularity, and advanced technologies.
15.05.2024
Weka raises $140 million amid AI demand bolstering data platforms
Weka is a platform for building data pipelines that process various sources, types, and sizes of information. The company’s main offering is a parallel file system that can distribute data processing tasks across multiple locations simultaneously.
15.05.2024
Sona raises $27.5 million for US expansion
Sona helps companies manage almost all aspects of employee work: from shift scheduling, time tracking, and feedback collection to connecting with agencies to cover shifts during staff shortages. The funds will be directed towards accelerating international expansion plans.
14.05.2024
DEEPX raises $80 million in Series C for new AI chip solutions
DEEPX, a South Korean startup with an on-device AI chip (NPU or neural processing unit), creates hardware and software for various applications in electronic devices. The startup plans to use the capital to accelerate the development and launch of the next generation of embedded LLM solutions.
09.05.2024
Triomics raises $15 million in early round to automate cancer clinical trials matching
Triomics is one of the few startups processing large datasets specifically for oncology centers. The company plans to reduce the time needed for doctors to select patients who can participate in studies.
09.05.2024
Checkfirst raises $1.5 million for applying AI in remote inspections and audits
Checkfirst’s solution is API-based and uses AI for image recognition and automation, report summarization, and scheduling. The funding will be used for further platform development.
08.05.2024
Israeli startup Panax raises $10 million in early round for AI-driven cash flow management platform
Panax targets medium and large companies in traditional industries such as manufacturing, logistics, and real estate. Panax hopes to differentiate itself by not only offering investment accounts and credit lines.
08.05.2024
Atlan raises $105 million for data management platform
Atlan aims to bring order to IT and help understand that despite the diversity of tools and data repositories, a unified picture can be achieved. The idea is to create a data structure that helps understand how data connects within an organization and simplifies collaboration.
08.05.2024
Axmed raises $2 million to optimize drug supply chains
Axmed creates a marketplace to connect manufacturers with healthcare institutions. This will eliminate shortages, high logistics costs, and counterfeit drugs. The startup plans to aggregate demand, allowing buyers to obtain medications directly from manufacturers at lower prices.
08.05.2024
Samsung Medison to acquire French startup Sonio for $92.7 million
Samsung Medison produces medical equipment specializing in diagnostic devices. The company stated that Sonio’s software will help it bring more advanced AI-powered image processing workflows to market.
07.05.2024
Honeycomb raises $36 million in Series B for new insurance programs
The company offers property insurance for homeowners and condominium associations. Honeycomb will use the new funding to increase staff from 90 to 180 people over the next 18 months, introduce new products, and expand its offerings in new markets.
07.05.2024
Accel invests $4 million in Egyptian corporate cards platform Swypex
Swypex is a financial company offering corporate cards and management tools for businesses. The funding will be directed towards expanding the business and the technical capabilities of the platform.
07.05.2024
Wayve raises $1.05 billion in Series C for self-driving technology
Wayve, a UK-based startup, is developing a self-learning system for autonomous driving. The company plans to use the new investment to develop a product for "eyes-on" vehicle control and fully automated driving with AI support.
06.05.2024
Allozymes raises $15 million for accelerated enzymes to work with data and AI
Allozymes has introduced an original method for quickly testing millions of biological chemical reactions. The company plans to transform its business from a useful service into a world-class resource.
03.05.2024
Software Development
and Innovations
Instagram adds teen protection tool to limit interaction
Instagram expands the capabilities of its "Restrict" tool specifically for teenagers. After enabling the feature, teens can only see comments, messages, story replies, tags, and mentions from "Close Friends" group. Interaction with unfamiliar accounts will be restricted.
30.05.2024
Google adds AI-powered features to Chromebook
New AI-powered features include a text writing assistant, wallpaper creation program, and convenient access to the Google Gemini chatbot. Chromebook Plus laptops are low-spec devices focused on performance.
28.05.2024
Ledger launches high-performance hardware crypto wallet
The French startup known for its secure hardware crypto wallets releases an updated wallet featuring an E Ink display, developed in partnership with Tony Fadell, one of the lead designers of iPod.
27.05.2024
Truecaller enables AI voice responses to calls
Truecaller now allows customers to use their AI-based assistant to respond to phone calls in their own voice. Partnership with Microsoft enables the Swedish company to use personalized voice communication technology within Azure AI Speech.
22.05.2024
Meta's Ray-Ban smart glasses allow sharing images on Instagram Story
By taking a photo with smart glasses, users can voice command to post the image on Instagram. Meta also introduces multimodal artificial intelligence in smart glasses, enabling users to ask questions about what they see.
22.05.2024
YouTube TV's Multiview feature now available on Android phones and tablets
The feature is designed for sports viewers who want to follow more than one live broadcast simultaneously without constantly switching channels. Users need to update the YouTube TV app to the latest version to launch it.
17.05.2024
Google TV to feature AI-generated movie descriptions
In the absence of descriptions on the main screen, artificial intelligence will automatically fill them in. It will also translate descriptions into the viewer's native language, making content accessible to a wider audience.
15.05.2024
Looking Glass launches new 3D displays
The company releases a pair of new displays, including a 16-inch model priced at $4000, as well as a 32-inch version. Displays are available in both landscape and portrait orientations, providing flexibility for various content formats and applications.
14.05.2024
Google integrates Gemini features into Google Maps
Developers can now display places and areas in their own apps and websites, such as restaurant collections or stores. The new feature is globally available, with brief information about places and areas already accessible in the US.
14.05.2024
Apple unveils new Magic Keyboard
The Magic Keyboard for iPad is now thinner and lighter, featuring quick access to screen brightness and volume controls. Additionally, the new keyboard includes aluminum palm rests and an enlarged trackpad.
07.05.2024
WhatsApp introduces event planning for users
The new feature simplifies event planning within communities. Any user can create an event, which others can respond to. All group members can view events, while those planning to attend receive notifications.
01.05.2024
April 2024
Investments in IT and Startups
Ethiopian plastic recycling startup Kubik receives $1.9 million for technology license
The startup expands operations in Ethiopia following a factory launch in Addis Ababa, recycling plastic waste into interlocking building materials like bricks, columns, beams, and lintels. Kubik plans to double its Addis Ababa operations, laying the foundation for pan-African growth from 2025.
28.04.2024
Chilean startup Fintoc raises $7 million to fully enter Mexico
Fintoc's product is an API enabling online companies to accept instant payments directly from a customer's bank account. The funding will expand business in Latin American countries.
25.04.2024
RevenueCat increases Series C round by $12 million to expand internet subscription management
RevenueCat supports subscriptions in over 30,000 apps, processing over $2 billion annually. In addition to new product support, the funding will help the company expand into new markets, including Japan and South Korea.
25.04.2024
Carv raises $10 million in seed round to help gamers monetize data
Carv offers a platform for web gaming and AI companies, as well as gamers, to control and monetize their data. The funding will improve portal design for scalability and support broader usage scenarios.
25.04.2024
IBM acquires US software development company HashiCorp for $6.4 billion
With HashiCorp, IBM gains a suite of cloud security and lifecycle management tools, aiming to create a comprehensive hybrid cloud platform for the AI era.
24.04.2024
Dripos raises $11 million in Series A for coffee shop software
Dripos integrates retail points, mobile payments, employee management, payroll, loyalty program automation, marketing functions, and administrative tasks such as accounting and banking. The company aims to invest in technology development and market expansion.
24.04.2024
Nvidia acquires Run: ai for $700 million
Israeli company Run: ai simplifies AI workload management for developers and operational teams. Nvidia will continue offering Run: ai products under the same business model.
24.04.2024
Perplexity raises $250 million on popularity of its AI-based search engine
Perplexity's product core is a generative AI-based search engine providing results via a chatbot-style interface. The company develops algorithms including various LLMs to deliver precise answers.
23.04.2024
Bump raises $3 million seed for financial management platform
Bump enables entrepreneurs to track income and asset market value. The platform helps secure better deals and manage partner debts.
23.04.2024
Philippine startup Pomelo raises $35 million in Series A
Pomelo combines international money transfers and lending. The new capital will fund product and market expansion, with Mexico as the next target country.
22.04.2024
Webflow acquires Intellimize to create AI-driven website personalization platform
Webflow, a web design and hosting platform, expands into marketing with the acquisition of Intellimize, which uses AI to personalize websites for unique visitors.
19.04.2024
Cape raises $61 million for mobile service that doesn't use personal data
Washington, D.C.-based startup Cape aims to create a secure approach to personal data on mobile networks. Cape neither collects nor intends to request user information such as name, address, social security number, or location.
18.04.2024
Screen Skinz raises $1.5 million seed for custom screen protectors
The company manufactures custom screen protectors for phones featuring personalized logos or slogans visible when the device screen is off. Customers can create their own designs or choose from the company's catalog.
18.04.2024
Indian company VerSe acquires competitor Magzter
Magzter is a popular digital newsstand platform with over 1 million paid subscribers in India and an active user base of 87 million.
17.04.2024
Ramp secures another $150 million in Series D to automate expense management
The expense management startup focuses on AI-driven services. The new funding aims to enhance innovation, including AI automation of complex processes, deeper expenditure insights, and expanded decision-making capabilities.
17.04.2024
Flatpay raises $47 million in Series B to target small merchants with simple payment solutions
The Danish company develops payment solutions for small and medium-sized businesses like shops, restaurants, and salons. It plans to enter new European markets and launch additional products.
16.04.2024
Microsoft allocates $1.5 billion to G42 amid growing US-China rift
Abu Dhabi-based G42 aims to become a global leader in AI. Microsoft gains extensive access to the region's market, integrating its business across industries such as finance, healthcare, energy, government, and education.
16.04.2024
Finmid raises $24.7 million to help SMBs access loans
Berlin-based Finmid creates embedded fintech solutions tailored for trading platforms. The funding will support product development and market expansion.
15.04.2024
Lawhive raises $12 million to expand AI-powered legal tech platform for small firms
British legal tech startup Lawhive provides AI-driven "virtual lawyers" through a software-as-a-service platform. The company aims to expand its AI-based service offerings.
15.04.2024
API startup Noname Security plans $500 million sale to Akamai
Noname Security specializes in API cybersecurity, offering comprehensive proactive API security solutions. It serves 20% of Fortune 500 companies and covers the entire API security landscape.
12.04.2024
Turkish startup ikas raises $20 million for small business e-commerce platform
The company aims to expand operations into new European markets. Currently, the service operates in Turkey and Germany. Platform representatives state it simplifies store management for companies seeking a digital presence.
10.04.2024
Guesty raises $130 million to help property managers list on Airbnb
Guesty is a platform that allows accommodation managers to run their businesses online. The company plans to enhance its existing platform for current clients.
10.04.2024
WordPress.com announces acquisition of messaging app Beeper for $125 million
In the future, messaging will work across all services. Beeper's main app connects to 14 services, including Messenger, WhatsApp, Telegram, Signal, Instagram DM, LinkedIn, Twitter/X, Discord, Google Messages.
09.04.2024
Cyera raises $300 million at $1.4 billion valuation
Cyera has developed an artificial intelligence-based platform to help organizations understand the location and movement of all data within their networks. The company's clients include several multinational corporations.
09.04.2024
Sprinto secures $20 million for automating security compliance management
Sprinto manages supplier risk, vulnerability assessment, access control, evidence collection, and other tasks. The platform plans to increase automation levels and expand its client base to include a wide range of companies operating in digital formats not technology-oriented.
09.04.2024
US awards TSMC $6.6 billion grant to expand chip manufacturing in Arizona
The US aims to redirect chip production amid escalating geopolitical tensions between the US and China. TSMC will build a third production unit in addition to the two currently under construction and will manufacture 2-nanometer or more advanced chips.
08.04.2024
EarliTec Diagnostics raises $21.5 million for early autism diagnosis
The new system helps doctors diagnose autism in children as young as 16 months. The startup's technology is currently used in eight clinics across six US states
06.04.2024
Kiwibot, a robot delivery company, acquires Taipei chipmaker
Growing tension in US-China relations is a key motivator for the purchase. The deal will help the University of California, Berkeley's spin-off establish a presence in the Asian market.
04.04.2024
SiMa.ai raises $70 million to introduce GenAI multimodal chip
Silicon Valley startup producing system-on-chip (SoC) platforms for embedded machine learning. The company plans to bring its second-generation chipset to market, specifically designed for multimodal generative data processing in AI.
04.04.2024
Aerospike raises $109 million for its real-time database platform amid AI boom
Aerospike, working on NoSQL, plans to use the funds to accelerate innovations in artificial intelligence. They are mainly focused on graphical and vector capabilities. Today, the company's clients include Airtel, TransUnion, Snap, and parent company TechCrunch Yahoo.
04.04.2024
SaaS startup SingleInterface raises $30 million in Series A to help companies go online
Singaporean SaaS startup offers offline companies tools to increase revenue by using the Internet. SingleInterface aims to expand its international presence and enhance products to make them more relevant to global brands.
03.04.2024
HD raises $5.6 million to develop Sierra artificial intelligence
Thai company HD creates healthcare-focused chatbots. The company is currently working on creating the Sierra artificial intelligence for Southeast Asia's healthcare industry.
02.04.2024
Software Development
and Innovations
Instagram updates algorithm to focus on content from smaller audience creators
The company aims to provide equal exposure conditions for all content creators. Instagram states that it is working on a new way to rank recommendations that will show suitable content for smaller audiences.
30.04.2024
Playruo allows launching game demos from a web browser
Playruo launches video games without the need for any installation. Thus, publishers can send a game demo in the form of a publicly accessible link.
25.04.2024
AI assistant Rabbit's R1 available for sale
Rabbit R1 is a gadget with a microphone that allows users to use various services by giving natural voice commands. The device will find the optimal solution to the user's task and execute all commands.
24.04.2024
WhatsApp adds support for passkeys on iOS
Users will no longer need to receive one-time codes via SMS. WhatsApp can be accessed using password verification through facial recognition, biometrics, or a PIN stored in Apple's password manager.
24.04.2024
Ecosia search engine launches cross-platform browser
Ecosia funds tree planting initiatives from part of its search ad revenue. The new browser, available for Mac, Windows, iOS, and Android, is built on top of the open-source Chromium project.
22.04.2024
Poetry Camera generates poems from photos
Poetry Camera takes the concept of photography to a new level by creating poems based on visual effects. Raspberry Pi takes a picture, and then computer vision algorithms analyze visual data. AI models then interpret the image in the frame, which serves as the basis for the poetry creation process.
20.04.2024
Boston Dynamics' humanoid robot Atlas operates on electricity
Following the retirement of the hydraulic version of the humanoid robot, Boston Dynamics announced that Atlas has become electric. The new version of the robot is almost unrecognizable—it has become more graceful, with smooth lines and a less heavy torso.
17.04.2024
BigPanda launches generation tool specifically designed for ITOps
BigPanda collects operational and contextual customer information from observation, change data, CDMB, and topology. The tool provides a tips window where users can ask questions and interact with the bot.
17.04.2024
WhatsApp adds filters for easy message searching
New chat filters allow easy access to specific message types: all, unread, and groups. WhatsApp is working on other filters, such as "Contacts," to filter messages from unknown people and businesses.
16.04.2024
Meta plans to integrate AI-powered search bar into Instagram
Entering a query in the search bar will initiate a conversation in DM with Meta AI. Users can ask questions or use preloaded prompts.
12.04.2024
Google Photos introduces free AI-powered editing tools
Among the available tools, Magic Editor stands out—a service powered by artificial intelligence that enhances photos. Additional features include Magic Eraser (removes unwanted elements from photos), Photo Unblur (sharpens blurry photos), Portrait Light (allows changing lighting sources in photos), and others.
10.04.2024
Google Vids will help create personalized video clips with AI assistance
The tool will become part of Google Workspace, allowing real-time collaboration across different devices. Examples of video clips include product presentations, educational content, and team celebration videos.
09.04.2024
Google introduces video clip generator
Imagen 2 now offers the ability to create short four-second video clips based on textual prompts. This can be done using AI-powered clip generation tools like Runway, Pika, and Reverent Labs.
09.04.2024
March 2024
Investments in IT and Startups
Skyflow Raises Additional $30 Million Due to Increased Demand for AI in Privacy
The new capital will allow Skyflow to expand its data privacy business. This marks a new stage in supporting new artificial intelligence technologies.
28.03.2024
Wonderschool, Backed by a16z, Acquires EarlyDay
Wonderschool, a software startup helping individuals and local authorities modernize childcare businesses, has acquired EarlyDay, a manager of the early childhood education services market.
28.03.2024
StealthMole Raises $7 Million in Series A for AI-Powered Dark Web Intelligence Platform
The startup from Singapore and South Korea plans to use the raised capital to create additional research and development centers and support the commercial use of its technologies in the B2B sector. The company also plans to expand its geographical presence.
27.03.2024
Databricks Spends $10 Million on Training New Generative AI Model DBRX
Databricks has spent approximately two months training DBRX. The company claims that the new model surpasses all existing open-source models in standard tests.
27.03.2024
Cyera Raises $300 Million for AI-Powered Cybersecurity
The cybersecurity startup focuses on addressing artificial intelligence as the next major challenge in corporate data protection. Cyera fights against cybercriminals using AI to hack networks, aiming to better control corporate data.
26.03.2024
Global Screening Services Raises $47 Million to Help Banks Screen for Global Sanctions
The London-based startup has introduced a compliance platform to help financial institutions meet global sanctions obligations. GSS is transitioning from the development phase to full-scale operation.
25.03.2024
The Browser Company Raises $50 Million to Implement AI in Arc Browser
The Arc browser features command panel navigation, pinned tabs, and various workspaces for separating work and personal browsing. In January, the company released the Arc Search app for iOS, focusing on AI-based search.
21.03.2024
Greenly Allocates $52 Million to Assist Small Companies in Tracking CO2 Emissions
The Paris-based company's main product is carbon emissions accounting software. It collects data from clients, including transportation bills, cloud computing usage, and financial reports. Greenly aims to move beyond corporate carbon accounting to assess the lifecycle of individual products.
20.03.2024
White House Proposes Up to $8.5 Billion to Fund Intel's Domestic Chip Manufacturing
The White House plans to allocate up to $8.5 billion to finance Intel's chip production in the United States. Intel adds that it plans to invest 10 times more over the next 50 years. The company is expected to create around 20,000 jobs in construction and 10,000 in manufacturing.
20.03.2024
Uber Invests $100 Million in African Startup Moove
Uber has invested $100 million in Moove, an African startup that offers financing to vehicle drivers using ride-hailing and delivery apps. The investment will be used for expansion into new markets.
19.03.2024
Telegram Raises $330 Million Through Bond Sales
The app, which has over 900 million users, issued bonds worth $210 million last year. Over the past few years, the company, headquartered in Dubai, has introduced new revenue streams, including advertising, selling usernames on the blockchain, and premium subscriptions.
18.03.2024
Apple Acquires AI Startup Specializing in Manufacturing Component Oversight
DarwinAI specializes in visual monitoring technology for components during production to enhance efficiency. In addition to improving manufacturing efficiency, DarwinAI uses methods to make AI models faster, which could be useful for features in devices that Apple hopes to introduce in iOS 18 this year.
14.03.2024
Youverify Raises $2.5 Million to Enhance Anti-Money Laundering Compliance
The Nigerian startup specializes in offering ready-made and custom digital solutions to government and private institutions in Saudi Arabia. With the new tranche, the company plans to enhance the efficiency of global risk analysis and expand its products to new markets.
13.03.2024
Empathy Raises $47 Million for Platform Assisting People Dealing with Loss
Empathy has created a platform that assists with various tasks related to bereavement, from funeral organization to financial matters. The funds will be used to continue developing tools.
12.03.2024
Tierra Biosciences Raises $11 Million for AI-Driven Protein Synthesis
The San Leandro-based company has developed a platform for individualized protein synthesis driven by artificial intelligence. This development will help pharmaceutical, industrial, and agricultural organizations develop new proteins in weeks rather than months.
12.03.2024
LG Invests $60 Million in Bear Robotics' Robot Waiter
California-based startup Bear Robotics produces AI-powered server robots. The autonomous tray-carrying towers are designed to replace waiters in restaurants and other establishments. With these investments, LG Electronics becomes Bear's largest shareholder.
12.03.2024
Applied Intuition Raises $250 Million in Series E Funding for AI-Powered Autonomous Vehicle Software Evaluation
The startup, valued at $6 billion, aims to integrate artificial intelligence into more sectors, including automotive, defense, construction, and agriculture. The new capital will finance the most ambitious projects.
12.03.2024
Leonardo DiCaprio Supports SolarMente in Democratising Solar Energy in Spain
SolarMente offers energy management services, including the installation of solar panels without upfront costs. This marks Leonardo DiCaprio's first investment in Spain.
11.03.2024
Griffin Raises $24 Million After Obtaining Full Banking License
Griffin Bank, a British platform offering Banking as a Service (BaaS), has obtained a full banking license. The platform enables fintech companies to provide banking services, payments, and financial solutions through automation and integrated accounting.
10.03.2024
AI2 Incubator Secures $200 Million in Compute Resources for AI Startups
Companies in the AI2 Incubator program can receive dedicated compute resources worth up to $1 million in data centers. This will cover most of the computational needs of companies developing new foundational models.
07.03.2024
Cyclode Acquires Bearer to Accelerate AI-Enhanced Security Remediation
Cyclode, a startup offering a comprehensive application security posture management platform, has acquired Bearer. Their tool continuously scans code for potential vulnerabilities throughout the software lifecycle and helps remediate these issues.
05.03.2024
Multiverse Raises $27 Million for Quantum Software
The San Sebastian-based startup plans to continue developing its existing business, focusing on industries such as manufacturing and finance. Multiverse aims to collaborate more closely with companies in artificial intelligence, creating and leveraging large language models.
04.03.2024
Thoma Bravo Acquires Everbridge, a Critical Event Management Software Company
Thoma Bravo has acquired Everbridge, a company specializing in critical event management (CEM) software, for $1.8 billion. Everbridge helps businesses across various industries respond to emergencies.
01.03.2024
Software Development
and Innovations
Amazon One Launches New App for Palm Scanning When Ordering
With the palm recognition contactless service, customers can hover their palm over a device and make purchases at selected locations, including over 500 Whole Foods Market and Amazon stores. Users can simply scan their palm on the device and use it in the app.
28.03.2024
NASA's Snake Robot Designed to Search for Life in the Icy Oceans of a Saturn Moon
The robot's body allows it to move in hard-to-reach places. After studying the oceans of the moon, NASA plans to send the snake robot to Saturn's small cold moon, Enceladus.
26.03.2024
WhatsApp Now Allows Pinning Up to Three Messages
Previously, users could only pin one message at the top of a conversation with a contact or group. Users can now pin all types of messages, including text, images, and polls.
21.03.2024
AI Shopping Assistant Cherry Helps Discover Products Using Screenshots or Images
Cherry assists in finding products encountered while scrolling through social media or seen in real life. The artificial intelligence technology underlying Cherry leverages the capabilities of Google and Bing to gather data directly on the user's device.
21.03.2024
Roblox's AI Features Speed Up Avatar and 3D Model Creation
Roblox introduces two new artificial intelligence technologies to reduce the time needed to create avatars and 3D models. They eliminate the labor-intensive steps of avatar setup and texturing when creating content on the Roblox platform.
18.03.2024
LinkedIn Plans to Add Gaming to Its Platform
LinkedIn, owned by Microsoft, known as a platform for professional networking and recruitment, is working on a new gaming interface. The first three projects are games called "Queens," "Inference," and "Crossclimb."
16.03.2024
Mercedes Begins Piloting Apptronik Humanoid Robots
Apptronik and Mercedes-Benz will collaborate to explore applications for advanced robotics in Mercedes-Benz production. Mercedes plans to use robotics and Apollo to automate some types of low-skilled manual labor with physical strain.
15.03.2024
Amazon Enables Sellers to Create Listings via URL Using AI
The company simplifies the creation of listings for sellers if the product is already on their website. The new tool uses artificial intelligence to analyze details from the URL of the product on another site and create an Amazon listing. This feature is available to sellers in the US.
13.03.2024
Reflex Robotics' Wheeled Humanoid Robot Offers Snacks
At the Modex exhibition in Atlanta, visitors were surprised by a humanoid robot that accurately dispensed free food upon request. The robot, working at Modex, represents a second-generation system that is currently being selectively tested by potential customers.
13.03.2024
Stashpad Introduces Google Docs Alternative
StashPad Docs is a new offering from Stashpad that doesn't require authentication and supports formatting. The product is available in the browser, and document history is stored locally, allowing users to work without server access.
13.03.2024
Apple Launches VisionOS 1.1 with Improved Personas
The update enhances the appearance of hairstyles, makeup, neck, mouth, and eye visualization. The new version of VisionOS also introduces mobile device management (MDM) capabilities.
07.03.2024
Apple Unveils New 13-inch and 15-inch MacBook Air Models with M3 Chip
Apple has introduced new MacBook Air models featuring the M3 chip, equipped with an 8-core processor combined with a 10-core graphics processor. The new MacBook Air devices also feature a matrix with three microphones to enhance voice clarity during calls.
04.03.2024
February 2024
Investments in IT and Startups
Bfree Secures $3 Million in Series B for Debt Collection Automation
The Nigerian startup was founded to automate and implement ethical debt collection processes. Essentially, it's a self-service platform that allows borrowers to set up new payment plans and AI-driven dialogue tools.
28.02.2024
OpenCTI by Filigran Raises $16 Million for Cybersecurity Threat Management Suite
The French cybersecurity startup Filigran leverages the success of OpenCTI to create an open-source threat management suite. OpenCTI is a threat analysis platform that allows data collection from multiple sources in a unified interface.
28.02.2024
AI Image Editor Photoroom Raises $43 Million
The Paris-based AI photo editing app processes around 5 billion images annually. Photoroom plans to use the funds for hiring and continued investment in research, development, and infrastructure.
27.02.2024
Microsoft Invests $16 Million in Mistral AI
The Paris-based AI startup, working on foundational models, announced a new language model that can compete with OpenAI's GPT-4. Microsoft claims these investments will be officially converted into equity in the next funding round.
27.02.2024
Interview Kickstart Attracts $10 Million for Tech Talent Shortage Solutions
The San Francisco-based startup helps technical professionals acquire skills for career advancement. The funding will be directed towards scaling the company.
26.02.2024
Haomo Raises $14 Million for Autonomous Driving Technologies
The autonomous driving startup, backed by Chinese automaker Great Wall Motor, is working on deployable L2 or L3 products.
21.02.2024
Faddom Raises $12 Million for Company Mapping
The Israeli startup helps companies visualize their infrastructure and relationships, targeting medium-sized enterprises. The funding will be used to expand the company's workforce and production capabilities.
21.02.2024
Orkes Raises $20 Million in Series A for Microservices Management Platform
The startup provides an enterprise-level microservices platform based on an open-source project. Orkes currently supports Conductor, created by the Netflix team.
21.02.2024
Qloo Raises $25 Million for Taste Prediction
The New York-based startup aims to identify patterns in consumer behavior and trends in various segments including entertainment, fashion, travel, sports, food, and more. Qloo offers companies AI-generated correlation data across many cultural and entertainment areas, including film, travel, nightlife, and literature.
21.02.2024
Bioptimus Raises $35 Million in Seed Round for AI Model Development Targeting Biology
The Paris-based startup can be considered a subsidiary of Owkin. Their AI improves disease diagnosis and helps create new biomolecules for medical or ecological applications. Bioptimus will train its models on expensive graphics processors and hire talented researchers.
19.02.2024
Planity Raises $48 Million for SaaS for Hair Salons
The French startup Planity has launched a SaaS for hair salons to simplify appointment scheduling. Over time, the company expanded its services to beauty salons and nail salons. The platform manages waiting lists, sends reminders via text messages, and creates individual schedules for each employee.
19.02.2024
SocialCrowd Raises $1.6 Million in Pre-Seed Round for Enterprise Performance Management
The startup in performance management offers a SaaS platform for managing productivity. It allows companies to set goals for their employees and reward them as they achieve them.
15.02.2024
Scribe Raises $25 Million in Series B for Internal Knowledge Automation
The San Francisco-based startup has found a way to easily capture and document internal processes through automation. Scribe plans to scale the company and expand its workforce.
15.02.2024
Arnergy Raises $3 Million for Solar Energy Systems in Homes and Businesses in Nigeria
The Nigerian startup in clean technology provides products and solutions in the field of distributed renewable energy. The funding round aims to further expand the company's operations and accelerate the implementation of its products and solutions from renewable energy sources in Nigeria and beyond.
15.02.2024
Rasa Raises $30 Million for Enterprise Generative Assistants
Rasa has introduced an infrastructure that allows developers in large enterprises to create reliable generative conversational AI assistants. In 2023, the company doubled its annual recurring revenue compared to the previous year.
14.02.2024
General Atlantic Invests $50 Million in Bold for Digital Payments Growth in Colombia
Bold provides affordable payment terminals, called datafones, which allow small and medium-sized enterprises to accept payments via links. The company is involved in financial technology and is building electronic payment infrastructure in Colombia.
14.02.2024
Zendesk Acquires Estonian AI-Based Customer Service Startup Klaus
Klaus, an Estonian startup providing customer service assistance, has been acquired by Zendesk. The merger will help provide enterprises with the best AI-based quality control on the market.
13.02.2024
Odyssey Raises $6 Million to Accelerate Growth of Energy Drink Production
Odyssey is a producer of functional energy drinks based on mushrooms. With the accelerated growth of the functional beverage industry, Odyssey aims to expand its operations and capitalize on the increasing consumer focus on healthy products.
09.02.2024
Thea Energy Raises $20 Million in Series A for Nuclear Power Plants
The startup is betting on software to play a prominent role in providing reliable and affordable nuclear energy. Thea plans to build an experimental reactor.
08.02.2024
Daedalus Raises $21 Million for Building Precision Manufacturing Plants
The young startup, founded by one of the early engineers of OpenAI, aims to integrate artificial intelligence into manufacturing to produce unique parts for medical, defense, and aerospace industries. The funding will be used to open additional plants.
08.02.2024
Attentive.ai Raises $7 Million for Automation in Landscape Design
The Delaware-based startup is developing software for landscape design and construction services in the US. With the funding, the company hopes to improve its developments and distribute them to a larger number of enterprises.
07.02.2024
Disney Invests $1.5 Billion in Epic Games for Building a Shared Universe with Fortnite
Epic and Disney announced a partnership to create an entirely new gaming and entertainment universe, bringing Disney characters to life through collaboration with Fortnite. The deal will enable Disney to enter the gaming world and open significant growth and expansion opportunities.
07.02.2024
Amperesand Raises $12.5 Million for the Modernization of a 140-Year-Old Transformer
The power electronics startup will use the funding to assist in commercializing solid-state transformers made from silicon carbide. The technology was developed in the research laboratories of Nanyang Technological University in Singapore.
07.02.2024
Entrust Acquires AI-Based Identity Verification Startup Onfido
The merger with Onfido will allow Entrust to take leading positions throughout the entire identification lifecycle. The deal is reportedly valued at over $400 million.
06.02.2024
Ambience Healthcare Raises $70 Million for AI-Assisted Medical Platform Led by OpenAI
Ambience Healthcare has developed a platform for healthcare organizations to help physicians with significant administrative work. The funding will be directed towards expanding the business.
06.02.2024
ProducePay Raises $38 Million to Tackle Produce Supply Chain Waste
Los Angeles-based company ProducePay is addressing food waste issues resulting from the instability of the global supply chain for fresh produce. The new capital will support the company's expansion into Europe, Asia, Africa, and Australia, as well as the expansion of the ProducePay team.
05.02.2024
Software Development
and Innovations
Adobe Unveils GenAI Tool for Music Creation
Adobe introduces Project Music GenAI Control — a platform that can generate audio from textual descriptions. The program allows adjusting tempo, intensity, repeating patterns, and structure within a single workflow.
28.02.2024
YouTube's TikTok Competitor Expands to 13 More Markets
YouTube Create — Google's mobile app that helps create both short and longer videos — originally launched on Android in the US. The geographical reach has expanded to several countries, including Brazil, Spain, Canada, and Australia.
28.02.2024
Sweanty Patch for Athletes Tracks Salt Loss
Spanish startup Sweanty creates disposable wearable devices called Sweanty patches. The sticky patch for tracking athletes' sweat allows capturing salt loss and helping adapt rehydration strategies.
28.02.2024
Samsung Works on Its First Smart Ring
Samsung will showcase the Galaxy Ring at the Mobile World Congress later this year. The initial versions will not be able to send or receive emails, but due to its location on the finger, the ring will be convenient for tracking activity and sleep metrics.
26.02.2024
New robot dog from Xiaomi performs flips from skateboard
CyberDog 2 can be purchased online for $3000. Xiaomi positiones development as a home robot.
26.02.2024
Google introduces artificial intelligence in Google Posts, Android Auto and Wear OS
Google has announced a new set of features for phones, cars and wearable devices. Gemini will be available for creating messages and signatures to images generated by artificial intelligence, synthesizing texts with AI for Android Auto, and accessing passes in Wear OS.
26.02.2024
Samsung included Galaxy AI in the new update for most of its devices
Samsung is implementing the Galaxy AI on more devices with the new One UL 6.1 update, which will be released in late March. Artificial intelligence features were first introduced for the Galaxy S24 series.
21.02.2024
Hivemapper Challenges Google with Bee Dashcam
Hivemapper is preparing to launch a dashcam that could take away market share from Google. Bee is conceived as a more "passive" camera. It is protected from atmospheric influences and is more reliable. Drivers can install it outside their vehicles.
21.02.2024
Google Tests Feature to Call Businesses on Your Behalf
Google is testing a new feature that allows you to call businesses on your behalf, wait on hold, and then call back as soon as an agent is available. The feature is currently available in English for US residents who have joined Search Labs.
16.02.2024
Clubhouse Introduces Text-to-Voice Message Conversion
In the Clubhouse app, users can now send text messages to their friends, who will hear the sender's voice instead. Clubhouse will indicate when an artificial intelligence reads the message instead of a person.
16.02.2024
Apple's Vision Pro Now Features Over 1000 Apps
The headset now has over 1000 apps specifically designed for use with the new hardware. Vision Pro is touted as the best mixed reality headset on the market, although work on it is still ongoing.
14.02.2024
Nvidia Introduces Tool to Run GenAI Models on PC
The tool called "Chat with RTX" allows owners of GeForce RTX 30 and 40 series graphics cards to run an AI-powered chatbot autonomously on Windows PCs. Nvidia warns that downloading all necessary files will require a significant amount of memory — from 50 to 100 GB.
13.02.2024
Creator of Pokémon GO Releases AI-Supported AR Glasses
Singaporean Brilliant Labs announced its new product Frame — a pair of lightweight AR glasses equipped with the multimodal AI assistant Noa. Frame will still have open-source code, like its predecessor.
08.02.2024
Google Launches an AI-Powered Image Generator
ImageFX, based on Imagen 2, offers a user interface based on prompts for creating and editing images. As an additional security measure, Google marks images created using ImageFX with SynthID, a digital watermark.
01.02.2024
January 2024
Investments in IT and Startups
StreamAlive Raises $1.58 Million to Develop Tools for Live Streaming
StreamAlive is an application for audience engagement for live streams, virtual meetings, and in-person events. StreamAlive works with popular platforms such as Zoom, Google Meet, Teams, YouTube Live, LinkedIn Live, and Twitch. In the future, the company plans to add support for more platforms.
31.01.2024
Ramp Acquires Another AI-Powered Startup
Expense management startup Ramp has acquired Venue, an AI-powered startup, expanding its procurement offerings. Previously, Ramp acquired Cohere.io.
30.01.2024
Inngest Raises $6.1 Million to Expand its Document Workflow Mechanism
The startup allows developers to focus on building their serverless internal workflows without worrying about infrastructure, execution mechanisms, and queues. The team has now added new flow management features.
30.01.2024
Airfocus Secures $7.5 Million for Project Management Software Implementation
The company provides a modular platform with workspaces. With Airfocus, teams can track progress in one place and create product roadmaps that can be combined into product portfolios.
30.01.2024
Kore.ai Raises $150 Million to Develop Conversational AI for Enterprises
The funds will be used for product development and expanding Kore.ai's operations. The company stands above the infrastructure and fragmentation of all levels of LLM thanks to its platform approach, offering freedom of choice with built-in guardrails for effective AI deployment.
30.01.2024
Digs Raises $7 Million for its Collaboration Platform for Home Builders
The collaborative platform provides home builders, suppliers, and homeowners with something akin to a digital twin of the home. The funding will be directed towards attracting additional experienced personnel to create and scale consumer technologies, facilitating efficient growth and accelerating the implementation of the marketing strategy.
25.01.2024
DXwand Raises $4 Million to Scale Its Conversational AI Platform for Enterprises in MENA
The startup from Cairo and Dubai uses conversational artificial intelligence to automate customer service and assist employees of companies in the Middle East. Investments will help DXwand further expand and accelerate its research and development in the field of generative artificial intelligence.
25.01.2024
Gen Z Investing App Alinea Raises $3.4 Million to Launch AI Copilot
The investment app offers AI-based capital management. Initial funding was received ahead of the launch of an AI copilot virtual assistant to help users with their investment needs.
24.01.2024
Kittl Raises Another $36 Million for Its Browser-Based Design Tool
The Berlin-based startup is working on a browser-based design tool that can be used without installing an application. The company aims to create a tool more powerful than Canva and free from the legacy of Adobe applications.
23.01.2024
Latitude Closes $30 Million Series B for First Flight of Zephyr Rocket in 2025
The French rocket builder startup is preparing to launch its first two-stage rocket. It will be powered by eight Navier engines printed on a 3D printer, which Latitude is developing internally.
23.01.2024
Artisse AI Raises $6.7 Million for AI-Powered Photography App
The AI-powered app allows users to create their own photos using uploaded selfies combined with prompts. The company plans to use its technologies not only for consumer photos.
23.01.2024
Torq, a Cybersecurity Automation Firm, Raises $42 Million in Expanded Series B
The funds will be directed towards expanding Torq's platform, including its artificial intelligence capabilities. The startup also plans to expand into international markets and increase Torq's presence in sales channels.
23.01.2024
Aniai Raises $12 Million to Bring Burger Cooking Robot to Restaurants
Aniai raised $12 million for the production of a burger cooking robot on a grill. The funds will be used to launch the Factory One manufacturing plant in South Korea. The company will also implement the Alpha Cloud, a cloud-based artificial intelligence software platform for the robot.
23.01.2024
Access Management Startup Oleria Raises $33 Million in Series A
The startup provides access management tools to corporate clients. Oleria also attempts to identify mistakenly granted permissions and unintended access, providing risk mitigation recommendations.
18.01.2024
Prismatic Lands $22 Million to Connect Disparate B2B SaaS Apps
The startup develops a solution to help companies operating within the B2B SaaS space integrate their products into those already used by their clients. Prismatic's main goal is to optimize and develop integration applications to make it easier for SaaS companies to connect to third-party software.
17.01.2024
Pomelo Invests $40 Million in Expanding Payment Infrastructure
The Argentine startup focuses on payment infrastructure, issuing cards, data processing, and transaction management for its clients. Pomelo pays significant attention to its credit card management platform, essentially a SaaS tool.
17.01.2024
Vicarius Lands $30 Million for Its AI-Powered Vulnerability Detection Tools
Vicarius is a cybersecurity platform. The company recently launched an AI-based tool to help write detection scripts for system breaches. The funding will be used to promote Vicarius' products and double the team size.
17.01.2024
Vertice Raises $25 Million for AI-Based Tools to Reduce Software Spend
The startup takes a more granular approach to specific areas of expenditure, particularly software spend. Currently, Vertice only tracks spending and usage on AWS.
17.01.2024
Onera Raises $32 Million for Home Sleep Studies
The Dutch startup provides sleep diagnostic and monitoring technologies to help physicians conduct studies. The company plans to accelerate regulatory approval for the deployment of its second-generation PSG system in both the US and Europe.
16.01.2024
Prometeo Raises $13 Million in Series A from PayPal and Samsung to Develop Open Banking in Latin America
The Uruguayan startup provides a unified API for connecting to Latin American banks. The funding will be directed towards expanding the business and increasing the staff.
12.01.2024
1X, Supported by OpenAI, Raises Another $100 Million for Humanoid Robot Race
The Norwegian company focuses on creating humanoid robots. The funds will be used to expand the company's AI capabilities and bring the NEO robot to market.
11.01.2024
Sway Raises $9.5 Million in Series A for E-commerce Returns Management
Sway currently operates in California, Texas, Washington, Maryland, Virginia, New York, and Florida. The funding will enable the company to continue developing its technologies, expand its team, and increase its coverage from 20 to 25 cities.
11.01.2024
a16z gave Quora $75 million to develop a chat bot platform with AI Poe
Quora develops its own platform based on AI chat bots. Most of the funds will be used to pay for bot creators.
09.01.2024
Luma raised $43 million on artificial intelligence to create 3D models
The company launched a phone app that allows you to shoot objects in 3D. Luma plans to use a computing cluster of 3,000 Nvidia A100 GPUs to train new AI models that can interact with the world.
09.01.2024
PerformYard received $95 million to develop the HR Performance Management platform
The money will be spent on creating a package of applications and services PerformYard and increasing the team. PerformYard offers many solutions, such as annual and quarterly goals, constant feedback and many more.
09.01.2024
Deco.cx raised $2.2 million to bring ease to website creation
Deco.cx is an open source development platform for Deno, JSX and Tailwind that runs websites in a global border infrastructure. The Brazilian startup creates tools for developers of high-performance digital services. Its goal is to bridge the gap between basic website builders and complex programming.
09.01.2024
SentinelOne Acquires PingSafe for Over $100 Million
PingSafe is a relatively new and small company specializing in cloud application security. The integration of PingSafe's CNAPP further strengthens SentinelOne's security offerings, providing a broad spectrum of capabilities.
07.01.2024
Nabla Raises an Additional $24 Million for Its AI Assistant for Doctors
Parisian startup Nabla is developing an AI assistant for physicians and medical staff, utilizing speech-to-text technology to turn consultations into written documents for use in both personal and online consultations.
05.01.2024
Perplexity AI Raises $73.6 Million for Its AI-Powered Search Engine
Perplexity offers a user interface akin to a chatbot, responding to natural user queries. The platform's artificial intelligence generates summaries containing links to websites and articles, enabling users to delve deeper into topics.
04.01.2024
Software Development
and Innovations
Zoom Unveils App for Vision Pro Featuring Digital Characters and 3D Files
The Apple Persona feature allows scanning a person's face and providing them with a spatial representation in Vision Pro. Zoom supports Persona, enabling meeting participants to see the movements of their faces and hands.
29.01.2024
Opera to Launch New AI-Powered Browser for iOS in Europe
The browser is built on Opera's own iOS-based engine and artificial intelligence. The changes enable Opera to provide iPhone users with an alternative to Safari.
26.01.2024
Pixel 8 Pro Now Capable of Measuring Body Temperature
Measurement is conducted by scanning the forehead. Readings can be stored in the Fitbit profile to gain a deeper understanding of one's health.
25.01.2024
Samsung's EX1 Wearable Robot Enhances Mobility for Seniors
The EX1, worn on the hips, belongs to the growing category of robotic technologies. By using the EX1, elderly individuals can efficiently perform simple exercises such as walking and fitness, thereby improving their health and quality of life.
23.01.2024
Google Chrome Web Browser Implements Artificial Intelligence Technologies
Google Chrome expands AI capabilities with a text assistant, theme creator, and tab organizer. With the built-in Chrome assistant, Google offers users the ability to create business emails, party invitations, or submit more formal vacation rental requests.
23.01.2024
Rabbit R1 to Utilize Perplexity AI Technology for User Queries
The R1 is a gadget with artificial intelligence that eliminates the need to pull out a phone for tasks such as internet searches, playing songs on Spotify, and ordering a taxi. The company has already sold 50,000 devices through pre-orders.
19.01.2024
Amazon Introduces AI-Powered Image Generator for Fire TV
The feature is available to users in the US with the second-generation Fire TV Stick 4K Max and Fire TV Omni QLED series. The new Fire TV option is based on Amazon's Titan image generator.
17.01.2024
Snapchat Allows Parents to Restrict Teens' Use of AI in the App
Changes also allow parents to view their teens' privacy settings. For example, a parent can see if their child has the ability to share their story with friends or a selected group of users.
11.01.2024
OneCourt's Tactile Mini-Field Enables Blind Fans to Follow the Game
Users place their hands on a laptop-sized field. The movements of the main characters in the game are transmitted through vibrations down to the second. The company claims that the technology can be adapted for other sports as well.
09.01.2024
Ultrahuman Introduces Home "Health" Tracker
Indian wearable tech startup Ultrahuman announced the upcoming launch of equipment designed to monitor the "health" of your home. Sensors allow you to track natural and artificial light levels, air pollution, as well as noise, humidity, and smoke indicators indoors.
09.01.2024
Invoxia Releases Smart Collar for Cats and Dogs
The device is an update to last year's smart collar from Invoxia for dogs, which tracked the pet's location and measured biometric data such as heart rate. If the sensor detects an anomaly, the owner receives a notification. The device can be installed on almost any collar using an adjustable ring.
07.01.2024
Microsoft's Copilot Now Available on iOS and Android
Copilot is an AI-powered chatbot that can be used for composing emails, writing stories or scripts, summarizing complex texts, creating personalized travel routes, writing and updating resumes, and much more. Additionally, Copilot features an image creation function.
03.01.2024