Xerion says it has a new technique to produce highly refined cobalt in a single step.
Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity
Small and medium businesses are the newest targets for cybersecurity attacks, with 1 in 3 breached last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand. Insight Partners and Entrée Capital are co-leading the round, with previous backers […]
Froda secures $23M Series B for its debt financing platform for SMEs
Swedish Fintech startup Froda has secured a $22.7 million (€20m) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend towards the ’embedded finance’ model. Largely operating in northern European countries from Finland […]
Xprize Carbon awarded to a dirt simple carbon removal technology
Mati Carbon walked away with the $50 million grand prize for its enhanced rock weathering program that locks carbon in soils for thousands of years.
Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May
StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud […]
Noxtua raises $92M for its sovereign AI tuned for the German legal system
Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor […]
Intel reportedly plans to lay off over 21,000 employees
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report. The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who replaced longtime chief Pat Gelsinger last year. With the layoffs, Tan aims to […]
Meta’s Oversight Board seeks details on the company’s new hate speech policies
Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions, on Tuesday issued its response to the social media company’s new hate speech policies announced in January. The Board says that Meta’s new policies were “announced hastily, in a departure from regular procedure,” and called on the company to provide more […]
StrictlyVC heads to Athens for in-depth conversations on European innovation and investment
StrictlyVC is turning up the heat in 2025 — and we’re going international! First stop: Athens, May 8. Get ready for sharp, unfiltered conversations onstage — and your chance to jump into the dialogue. This isn’t just an event; it’s a forum where every attendee has a voice with some of Europe’s most influential tech […]
xAI’s Grok chatbot can now ‘see’ the world around it
xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, which lets users point their phone at objects like products, signs, and documents and ask questions about them. Grok Vision […]