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.
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.