HoneyNaps, an AI Sleep Technology Company, secures USD 11.6 million Series B investment

HoneyNaps-Solutions

HoneyNaps, an industry-leading South Korean company in artificial intelligence (AI) sleep data analysis, announced on the 7th that it has closed its series B round of funding, securing $11.6 million. The series B funding is a successful achievement, nearly three times the $3.9 million raised through series A funding back in 2021. With the listing contract signed with Korea […]

Oklo to Deliver 100 Megawatts to its Data Centers in Partnership with Wyoming Hyperscale

Oklo-Aurora-powerhouse-Image-Gensler

Oklo Inc. (NYSE: OKLO), a fast-fission clean power technology and nuclear fuel recycling company, announced its collaboration with Wyoming Hyperscale to supply 100 megawatts of clean power to a state-of-the-art data center campus. The companies have signed a non-binding letter of intent outlining their intent to enter into a 20-year Power Purchase Agreement, highlighting Oklo’s […]

Verdantis Appoints Kumar Gaurav Gupta as Chief Executive Officer

Kumar-Gaurav-Gupta-CEO-Verdantis-Photo-Business-Wire

Verdantis, a pioneering leader in AI-powered data solutions, announced the appointment of Kumar Gaurav Gupta as its new Chief Executive Officer (CEO). Taking on the role of CEO he shoulders the responsibility of propelling growth, with a sharp focus on ensuring global customer success. Excited about his new role, Kumar stated, “It’s a great honour to […]

Permira acquires Majority Position in BioCatch at USD 1.3Bln

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

BioCatch, the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, yesterday announced that Permira Growth Opportunities II (the “Fund”), a fund advised by global private equity firm Permira, has agreed to acquire a majority position in the Company. Alongside the Fund’s investment, existing shareholders Sapphire Ventures and Macquarie Capital will […]

AppDirect announces the launch of AppDirect AI

AppDirect Launches AppDirect AI—An AI Marketplace and Creation Studio That Provides the Ability to Create and Use Purpose-built, Secure AI Apps in Minutes

AppDirect, a B2B subscription commerce platform, yestetday announced the launch of AppDirect AI, a simple and secure marketplace and creation studio that accelerates organizations’ ability to create, adopt, and benefit from AI apps. What sets AppDirect AI apart is its users’ ability to create an AI app within minutes using their choice of proprietary data sources, […]

Lanzajet secures investment from Microsoft climate innovation fund

Lanzajet secures investment from Microsoft climate innovation fund(Representational Image From Freepik)

LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, recently announced an investment from Microsoft’s Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally. In addition, LanzaJet and Microsoft intend to explore how Microsoft can supply its data […]

Cognivia announces strategic EUR 15.5Mln funding

Cognivia Secures Strategic 15.5M€ Funding to Empower Drug Development with AI-ML Solutions

Cognivia, an innovative AI company dedicated to reshaping pharmaceutical and biotech clinical research through cutting edge AI-ML algorithms, announced a significant investment milestone. Vesalius Biocapital IV, SFPIM (Société Fédérale de Participations et d’Investissement) and WE (Wallonie Entreprendre) have committed strategic investments to drive Cognivia’s mission to “quantify the power of the mind” to optimize and […]

Emerging investment trends redefining APAC in 2024

Unveiling the Top Investment Trends for APAC in 2024

The investment environment in APAC is still continuously changing due to various socio-political, technical, and economic variables. Growing markets, varied economies, and quick technical development make Asia great for investors looking for growth and diversification. Before diving into the specific investment trends, it is important to understand the key factors driving these shifts in the […]

QRAFT Technologies announces a strategic technical collaboration with FSITC

QRAFT Technologies Forms a Transformative AI-Driven Financial Technology Partnership with First Securities Investment Trust Co., LTD

Qraft Technologies, a leading invest-tech company developing artificial intelligence solutions, announces a strategic technical collaboration with First Securities Investment Trust Co., LTD (FSITC), a distinguished asset management firm. The partnership’s goals will be to develop new tools for investment management through the joint development of sophisticated AI and deep learning algorithms. These initiatives will look […]

Imaginuity welcomes Matt Sommer Chief Technology Officer

Imaginuity Names Chief Technology Officer

Imaginuity has named Matt Sommer as its Chief Technology Officer. Sommer, an experienced executive and technologist, has spent 25 years in every aspect of managing and growing organizations, including fostering innovation, pioneering and evangelizing product vision, and leveraging data and analytics. He is uniquely suited to Imaginuity’s mission to blend imaginative thinking, innovative technology, and uncommon […]