Redalpine closes €222.53 million fund for European startups
Image: Primary
Image: Primary
Sumary, a Copenhagen-founded accounting software startup, raised $25M in a seed round led by Singular, with participation from existing investors byFounders, Partech and Tenity.
Thailand has imposed new rules governing noise, heat and water at data centers, Bloomberg reported. The environmental restrictions apply to an industry expanding rapidly as investment in artificial intelligence fuels a boom in data center development.
Copenhagen-based Numina has raised €1.1 million in pre-Seed funding to support international expansion and further development of its accounting platform, EU-Startups reported. Participants include Nebular, Emblem and Founders A/S.
MIT says ARPA-H has awarded an MIT-led team up to $53 million to develop alternatives to existing herbicides using generative artificial intelligence.
GeniosAI has raised $19.1 million in combined seed and Series A funding, CEO PD Singh told Axios. The company develops AI software for financial analysis and modeling. FactSet led the Series A portion of the financing.
Siemens AG agreed to acquire family-owned Lauterbach GmbH to expand its chip-design portfolio, Bloomberg reported. The acquisition agreement forms part of Siemens' push to build a broader suite of software for designing and testing advanced semiconductors.