Norwegian intelligent camera company Huddly acquires AI startup Epigram

Norwegian-founded vision technology company Huddly has acquired a local AI startup Epigram in order to further develop its “intelligent camera” tech. The deal will see Epigram’s “tools, IP and all [seven] AI engineers” move over to Huddly, the company stated in a press release. Founded in 2017, Epigram has developed a set of tools for […]

Munich-founded database startup ObjectBox raises $2 million

German edge database developer ObjectBox has raised $2 million in a funding round led by Vito Ventures, with participation from Calvary Ventures and several business angels, including Chris Adelsbach, Lucas von Cranach, and Andreas Mihalovits. ObjectBox is a database that’s optimised for use in small devices, from a smartphone to a router to a Raspberry […]

Nokia gets a €250 million loan from NIB for 5G research in Europe

Finnish telecommunications company Nokia has secured a €250 million loan from the Nordic Investment Bank (NIB) for its research and development related to 5G products until 2020, concentrating particularly on “developing new 5G-related end-to-end product offerings for different business areas,” the company stated in a press release. The loan has an average life of five […]