Numina raises €1.1 million to expand free accounting platform
Image: Primary
Image: Primary
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, 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.
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.