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.
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.
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.
