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Capital AI

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.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Capital

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.

Capital
Capital

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.

Infrastructure Policy
Infrastructure Policy

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.

Capital Products
Capital Products

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.