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 […]
Helsinki-based Silo.AI, which claims to be the largest private AI services provider in the Nordics, has raised €10 million in funding to build out its platform and expand its team. The cash, which Silo.AI says will be used to turn it into “the European flagship AI company”, comes from the Business Finland Growth Engine program […]
Leuven, Belgium-based icometrix has secured $18 million in funding from Forestay Capital, Optum Ventures and prior backer Capricorn Venture Partners. The company claims its technology has the potential to transform care for patients with brain injuries and disorders, by extracting clinically meaningful information from brain MRI and CT scans of patients. Its ‘icobrain’ software platform […]
Portuguese startup Stratio – not to be confused with, well, Spanish startup Stratio – has scored €3 million in funding from London-based Crane Venture Partners and LocalGlobe to scale its AI for auto manufacturers, distributors, and fleet owners for preventative maintenance (which the company says comes with a $200 billion price tag in annual expenditure). […]
Sweden-based Peltarion, a 15-year old company that has developed a platform which essentially allows companies and governments to create and deploy artificial intelligence technology and processes for their own operations, has raised $20 million in fresh funding. The capital comes from Euclidean Capital, the family office for hedge fund billionaire James Simons, and prior backers […]
Bristol, UK-based semiconductor company Graphcore has raised $200 million in a new equity funding round from investors including Atomico, Microsoft and BMW i Ventures, valuing the company at $1.5 billion pre-money (via FT). Graphcore, which had raised roughly $100 million before this round, designs chips for for artificial intelligence applications and says it recently started […]
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