Berlin-based AI startup XAIN secures funding in crypto from a strategic investor

XAIN, a Berlin-based AI company known for partnering with Porsche to become the first to put blockchain technology into a car, has raised funding in cryptocurrency from IOTA co-founder Dominik Schiener. Schiener’s contribution is one of the first major crypto investments of its kind and adds to the trend of venture capital funding through cryptocurrency. The […]

French AI tech company Sinequa raises $23 million from Jolt Capital and Troismer

Paris-based Sinequa, which offers AI-powered search and analytics solutions, has raised $23 million in a financing round led by PE firm Jolt Capital and joined by prior backer Troismer. Sinequa’s platform offers corporate customers – mostly in the finance and pharmaceutical industries – access to all their corporate data, whether structured or unstructured, connecting knowledge […]

French fraud detection startup Bleckwen secures $10 million

Paris-based payment fraud detection startup Bleckwen has raised $10 million in a funding round led by Ring Capital, with participation from existing investors, including TempoCap, Bpifrance, and Ineo. Bleckwen, which is a spin-off from the French cybersecurity firm Ercom, specialises in real-time analytics and fraud prevention in payments within the wider anti-money laundering and counter-terrorism […]

French video indexing startup Newsbridge raises €1.5 million

Paris-based video indexing and analysis startup Newsbridge has landed a €1.5 million funding round led by Elaia. Newsbridge’s product is targeting journalists, audiovisual production companies, and digital rights holders. The company claims that it can reduce the production costs by 30 to 80 percent by providing a more efficient way of finding and selecting the […]