Path Robotics raises $300 million at $2.45 billion valuation
Path Robotics has secured $300 million in new financing, Bloomberg reported. The funding nearly quadruples the startup's valuation to $2.45 billion.
Redalpine closes €222.53 million fund for European startups
Swiss venture capital firm redalpine announced the final close of its Capital VIII fund at €222.53 million ($250 million), targeting approximately 20 early-stage companies across Europe. New investors include Aviva Investors, Flexstone Partners and KfW.
AWS commits $100M in cloud and AI credits for health projects
Amazon Web Services is committing $100M in AI and cloud credits over five years to health projects serving underserved communities through its Health Impact Initiative.
Daylight raises $80 million to expand cybersecurity business
Cybersecurity company Daylight raised $80 million in Series B funding led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to $120 million, CTech reported. New investor Okta Ventures joined existing backers in the round.
Sumary raises $25M to expand accounting software across Europe
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.
Enza Capital targets up to $80 million for African AI fund
Enza Capital is seeking as much as $80 million for a fund to invest in artificial-intelligence projects, Bloomberg reported. The pan-African venture firm's fundraising target comes as the continent trails other regions in capital deployed to the industry.