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.
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.
Thailand imposes noise, heat and water rules on data centers
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.
Numina raises €1.1 million to expand free accounting platform
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-led team receives award of up to $53 million for AI-guided herbicide research
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 raises $19.1 million across seed and Series A rounds
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.

