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1. Quantum Systems Soars to $3.5B Valuation Amidst European Defense Tech Boom (Cited in 11 tech media)
German drone maker, Quantum Systems, secured $208M, valuing it at $3.5B. The company, specializing in dual-use drones, strengthens its position in the booming European defense tech sector. It plans expansion across air, land, and sea domains, fueled by AI and software advancements. Other European startups in unmanned systems saw smaller, but significant, investments.
2. Robotics Startup Flexion Secures $50M to Develop AI Brains for Humanoid Robots (Cited in 7 tech media)
Flexion, a Zurich-based robotics startup, just secured $50M in Series A funding. The company is developing an AI platform to power humanoid robots. DST Global Partners led the round. Flexion aims to enable robots to think, learn, and adapt. The funding will fuel R&D and U.S. expansion. Other investors include NVentures (Nvidia), redalpine, Prosus Ventures, and Moonfire.
3. X-energy Secures $700M for Advanced Nuclear Reactors (Cited in 5 tech media)
X-energy, a nuclear startup, raised $700M in Series D funding. This boosts its total funding to $1.8B. The funding will scale production of Xe-100 reactors and TRISO-X fuel. These reactors are safer and more efficient. They offer a clean energy alternative.
4. Coverbase Secures $20M to Revolutionize AI-Powered Procurement (Cited in 5 tech media)
Coverbase, a security-first AI procurement platform, raised $20M. This includes a $16.5M Series A led by Canapi Ventures. The funds will fuel expansion and platform scaling. The platform embeds risk management into procurement.
5. Okami Medical Secures $45M, Names New CEO for Growth (Cited in 4 tech media)
Okami Medical, a vascular tech firm, closed a $45M round. The funding will fuel expansion and innovation. Drew Hykes, ex-Inari Medical CEO, now leads Okami. Gilde Healthcare led the round, joining the board.
6. Índico Capital Partners Launches €125M Fund for Southern European Tech (Cited in 4 tech media)
Índico Capital Partners launches a new €125M fund. The fund, Indico VC Fund III, will target early-stage tech companies. Focus areas include Portugal, Spain, and Italy. EIF commits €30M as anchor investor. The fund eyes SaaS, AI, Deep Tech, SpaceTech, and OceanTech.
7. Gravis Robotics Secures $23M to Revolutionize Construction with Autonomous Tech (Cited in 4 tech media)
Gravis Robotics raised $23M. The funding will help expand operations. They also signed global partnerships. This expands their reach worldwide. The company aims to transform construction. Its tech increases productivity and safety.
8. CloudExtel Secures Funding for AI Infrastructure Expansion (Cited in 4 tech media)
CloudExtel garners ₹200 Cr in debt. The funds are for AI infrastructure and fiber network growth. It focuses on data center connectivity. Expansion to major Indian cities is planned.
9. Procure AI Secures $13M to Revolutionize Procurement with AI (Cited in 4 tech media)
Procure AI, a London-based firm, secured $13M in seed funding. It will fuel AI-driven procurement automation. Headline led the round, with other firms participating. The company aims to transform supply chain management. Procure AI addresses rising costs and complex compliance.
10. Bsure Secures $2.1M to Illuminate Microsoft Blind Spots (Cited in 4 tech media)
Bsure, a Norwegian startup, raised $2.1M to enhance Microsoft security. It targets inactive accounts. The funding fuels expansion and AI-driven features. The platform addresses a major IT oversight.
Shoppers are adding to cart for the holidays
Peak streaming time continues after Black Friday on Roku, with the weekend after Thanksgiving and the weeks leading up to Christmas seeing record hours of viewing. Roku Ads Manager makes it simple to launch last-minute campaigns targeting viewers who are ready to shop during the holidays. Use first-party audience insights, segment by demographics, and advertise next to the premium ad-supported content your customers are streaming this holiday season.
Read the guide to get your CTV campaign live in time for the holiday rush.
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