DIG Ventures closes $120M fund for European AI infrastructure startups
London-based DIG Ventures has closed its third fund at $120M to back around 30 European pre-seed and seed-stage startups building software infrastructure for AI. Institutional backers include Horsley Bridge, Sofina, Granite and an...
Armadin raises $255.5 million Series B for AI cybersecurity agents
Armadin said Thursday it raised $255.5 million in a Series B round led by a16z and Accel, Reuters reported. The AI cybersecurity company, started by Mandiant founder Kevin Mandia to build cybersecurity agents, said the financing v...
Osavul raises €8.5M to expand threat intelligence business
Osavul has raised €8.5M in Series A financing led by European cybersecurity fund 33N Ventures, with participation from Balnord, G+D Ventures and 42CAP. The company will use the money to improve its AI, expand its sales team and en...
Axis Bank plans to double data center exposure over three years
India's Axis Bank plans to double its exposure to data centers over the next three years, a top executive said. The planned expansion comes as India's push into artificial intelligence spurs investment in the digital infrastructur...
Salesforce agrees to acquire Listen Labs for a reported $2B
Salesforce has agreed to buy AI customer research startup Listen Labs for a reported $2B, Axios reported. Listen Labs raised a $69M Series B at a $500M valuation in January. The company operates in customer research, where busines...
EU regulators question Binance's reliance on licensing exemption
EU regulators are questioning Binance's use of a legal exemption to continue serving customers in the region despite failing to secure a license, the Financial Times reported, citing sources. The scrutiny concerns the exemption us...
