Channel: Startups & Ventures
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Remark, a Boston-based startup enhancing e-commerce with live experts and AI personas, has raised a $16M Series A led by Inspired Capital, with backing from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures. The company is building the human-AI layer that helps shoppers convert with confidence—at scale.
• Combines live expert chat with AI-trained personas that guide buyers through complex purchases
• Converts static product pages into interactive, personalized experiences
• Auto-generates follow-ups, content, and insights that extend beyond chat windows
• Lifts conversions to 28% vs the e-commerce average of ~1.5%
• 60,000+ vetted experts on the platform; top earners make $60K–$70K/year
• Retailers using Remark report ~10% increase in net revenue
• Expanding into verticals like skincare, fitness, nutrition, and consumer tech
• CEO Theo Satloff brings deep expertise in commerce and consumer UX
• New capital will grow the team (~25 today), deepen AI training, and expand expert coverage
• Positioned as the personalized interface layer between shoppers and online stores
Remark isn’t just adding chat to e-commerce—it’s redefining digital retail with scalable, human-powered AI that closes the gap between clicks and conversions.
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Digital health company Hinge Health has gone public with a $2.6 billion valuation and is now leaning heavily on AI to transform how musculoskeletal care is delivered—largely without human intervention.
• 95% of clinician tasks now automated using Hinge’s in-house AI tools
• Combines wearable sensors, computer vision, and personalized exercise plans
• Helps boost efficiency while maintaining strong patient outcomes
• Q1 2025: $123.8M in revenue and $17.1M profit with 81% gross margins
• Uses AI automation to reduce costs and deliver virtual care at scale
• Now expanding into new specialties, with broader offerings launching this summer
🦾 Reinventing care with automation
• AI adjusts treatment plans in real time based on motion tracking
• Vision is to become the go-to platform for home-based chronic pain management
• Goal: replace fragmented physical therapy with seamless virtual-first care
• One of the first profitable healthtech IPOs in years
• Proving automation-first care can drive both impact and financial results
• Sets a new playbook for startups like Omada and Sword Health considering public listings
Hinge Health’s automation-first strategy could reshape how care is delivered—and who delivers it.
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Climeworks, the Swiss pioneer in direct air capture (DAC), has raised $162M in fresh equity funding to accelerate the rollout of its third-generation carbon removal technology. The round was led by BigPoint Holding and Partners Group, bringing total capital raised to over $1B—marking the largest carbon removal investment of 2025 so far.
• New Gen‑3 DAC modules double energy efficiency and extend filter lifespan
• Focused on scaling plants like Mammoth in Iceland—among the largest in the world
• Integrated with renewable geothermal energy for low-carbon operations
• Portfolio now includes a hybrid of engineered DAC and nature-based solutions
• Climeworks holds over 6M tons in signed carbon removal contracts
• Corporate demand doubling YoY: >16M tons purchased in 2025 so far
• Aims to capture a slice of the projected $1T carbon removal market by 2050
• Existing clients include Microsoft, Shopify, and BCG
• Founded in 2009 by ETH Zurich engineers Jan Wurzbacher and Christoph Gebald
• Strategic push into new markets: U.S., Canada, U.K., Saudi Arabia
• This round fuels tech scale-up and new plant development, including in North America
• Blended model positions Climeworks as both premium DAC provider and full-stack CDR platform
Climeworks is shaping the future of climate tech by proving that large-scale, engineered carbon removal is real, fundable, and here to stay.
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Dexter Energy, an Amsterdam-based climate tech startup, has raised a €23M Series C to expand its AI-powered forecasting and trading optimization platform for renewables and battery assets. The round was led by Alantra’s Klima fund, with participation from Mirova, ETF Partners, Newion, and PDENH.
• Combines weather, price, and grid data to forecast and optimize renewable energy trades
• Covers day-ahead, intraday, and real-time imbalance markets
• Platform helps wind, solar, and battery operators lift revenues by up to 30%
• Already supports >80 clients including Centrica, Pure Energie, and Luminus
• Renewables make up 47% of Europe’s power mix, en route to 70% by 2030
• Rising volatility and balancing costs are squeezing producer margins
• Dexter operates in 9 countries with a team of ~90 and plans to expand further into Europe
• New tools for battery trading will help producers monetize storage more efficiently
• CEO Luuk Veeken founded Dexter in 2017 to bring AI to energy trading
• This round will grow the team, improve models, and expand into new geographies
• Strategic investors back Dexter as a key enabler of grid-stable, renewables-first systems
Dexter is becoming the intelligent control layer that helps Europe’s clean energy system run profitably, flexibly—and in real time.
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Castelion, a defense startup founded by ex-SpaceX engineers, is raising a $350M Series B to scale production of its Blackbeard hypersonic missile system. The round, led by Lightspeed and Altimeter, comes just six months after its $100M Series A and positions Castelion as a serious challenger to legacy primes like Raytheon and Lockheed.
• Taking a “SpaceX-style” approach to hypersonic R&D: rapid iteration, in-house hardware, frequent tests
• Blackbeard GL promises ~80% of top-end hypersonic performance at a fraction of the cost
• Designed to launch from existing systems like HIMARS—no new hardware needed
• First vehicle test completed in March 2025 in Mojave Desert, showing early proof of viability
• Featured in U.S. Army’s 2026 budget with $25M allocation for Project HX3
• DoD backing includes grants from Air Force Research Lab and Naval Air Systems Command
• Roadmap: prototype demo in 2026, 10 missiles delivered in 2027, potential full-scale deployment in 2028
• Raises the bar for affordability and adaptability in the hypersonic arms race
• Founded in 2023 by former SpaceX and defense engineers with deep aerospace manufacturing expertise
• Emphasizes cost-efficiency, speed, and interoperability across military systems
• Fast funding pace signals investor confidence in dual-use defense tech
• Poised to upend the defense-industrial status quo with venture-style scaling
Castelion is aiming to do for hypersonics what SpaceX did for rockets: build faster, cheaper, and smarter—and win big in the next wave of national defense tech.
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Accel is leading a $150 million funding round in Stockholm-based AI startup Lovable, which is closing in on a $1.8–2 billion valuation . The investment follows a $15M pre‑Series A in February and comes less than six months after launch.
• Lovable enables anyone—even non‑coders—to build full-fledged apps and websites using simple text prompts .
• The platform integrates top-tier AI models from OpenAI, Anthropic, and Google Gemini to generate complete front‑ and backend code .
• Within just seven months of launch, it reached $75 million ARR and amassed over 30,000 paying users .
• Dubbed “vibe coding” — a term credited to Andrej Karpathy — it allows users to build by feel and language rather than syntax .
• Lovable saw ARR skyrocket from $17M in early 2025 to $75M by mid‑2025 .
• It was named one of Europe’s fastest‑growing SaaS startups, topping Sifted’s B2B SaaS Rising 100 .
• Positioned in a competitive field alongside Cursor (Anysphere), GitHub Copilot, and Replit, Lovable stands out by targeting non‑technical founders and small businesses .
• Founded in 2023 by Anton Osika and Fabian Hedin, veterans of Depict.ai and assistive technology .
• Initial pre‑seed and pre‑Series A rounds led by Creandum, Hummingbird Ventures, and prominent angels including Charlie Songhurst and Thomas Wolf .
• Upcoming round fuels expansion of deep integrations (e.g., Supabase, GitHub), international scaling, and enhancements to backend capabilities.
Lovable is proving that truly no‑code AI development is scalable, fast, and investor‑backable—positioning itself as a European powerhouse in generative AI for app creation.
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Berlin-based Peec AI has raised €7M across pre-seed and seed rounds just months after launching in January 2025. The latest €5.2M seed was led by 20VC, following a €1.8M pre-seed backed by Antler, Foreword VC, Identity.VC, Combination VC, and S20. The startup helps marketing teams measure and improve visibility across AI-native search engines like ChatGPT and Perplexity.
• Analytics platform tracks brand mentions and rankings in generative search results
• Provides insights to optimize content for LLM-based tools—what they call “GEO” (Generative Engine Optimization)
• Helps marketers adapt strategies as AI chat replaces traditional search
• Integrates with popular AI assistants and search platforms including Perplexity and ChatGPT
• Hit €650K ARR within 4 months, with revenue growing €80K per week
• Adoption driven by AI-native marketing teams, agencies, and B2B SaaS startups
• Tapping into a growing need for brand visibility as organic search shifts from links to answers
• Fundraise closed quickly due to strong investor conviction around market timing
• Founded by Marius Meiners, Tobias Siwonia, and Daniel Drabo during Antler’s Berlin residency
• Team brings experience in law-tech, esports, and enterprise software
• Vision: become the “SEO for AI agents” by owning the GEO category
• Investors back their deep conviction that AI-native discovery will reshape digital marketing
Peec AI is placing a bold bet that where AI answers go, brand strategy must follow—and it’s arming marketers with the tools to lead that shift.
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UK-based AssetCool has raised €11.5M (~£10M) in a Series A round led by Energy Impact Partners, with backing from Extantia Capital, Taronga Group, Mercia (via the Northern Powerhouse Investment Fund), and Northern Gritstone. The startup develops nanotech-powered coatings and robotic systems to help utilities upgrade power lines without rebuilding infrastructure.
• Coatings increase conductor thermal capacity by up to 30%—enabling higher current flow
• Robotic platform, CapacityN, applies coatings directly on live lines at a fraction of traditional upgrade costs
• Robots also capture line data to feed AI-driven grid optimization
• Additional benefits: corrosion protection, ice resistance, and noise reduction in development
• Helps utilities unlock capacity on aging infrastructure amid rising electrification needs
• Upgrades lines 20x cheaper and significantly faster than full replacement
• Already deployed across multiple international utility networks
• Funded in part by Innovate UK Smart Grant to expand capabilities
• Founded in Leeds, U.K., and built to tackle grid upgrade bottlenecks globally
• New funding to support commercialization, team growth, and international expansion
• Strategic alignment with Energy Impact Partners’ global utility network for customer scaling
• Part of a growing class of “retrofit-first” gridtech startups solving for the energy transition
AssetCool is proving that sometimes the smartest way to build the future grid is to upgrade the one we’ve already got—faster, cheaper, and smarter.
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Natech, a Greek core banking and BaaS provider, has raised a $33M Series B to expand its modular banking platform across Europe. The round includes $26M in equity and $7M in low-interest debt from strategic fintech and banking investors. The funding supports Natech’s tech upgrades, neobank launch, and push into embedded finance.
• Offers a composable core banking system, BaaS, and embedded finance tools
• Building toward a fully cloud-native, AI-enhanced banking platform
• Powers banks, fintechs, and soon Snappi—a neobank backed by Natech, Piraeus Bank, and Neptune
• Targets institutions seeking cost-effective, modern infrastructure across Europe
• Customers include incumbent banks and fintechs with 100% client retention
• New capital fuels expansion into Germany, Italy, and Central & Eastern Europe
• Strengthens embedded finance features to support B2B and B2C partners
• Reinforced leadership: new CTO and CPO added earlier this year
• Led by Deputy CEO Mathias Schütz, with global fintech and product experience
• Preparing for a Series C to deepen AI capabilities and broaden European footprint
• Natech aims to become the infrastructure layer for regional neobanks and fintech challengers
With Snappi’s launch on deck and embedded finance on the rise, Natech is quietly building the rails for Europe’s next banking evolution.
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Oculus and Anduril founder Palmer Luckey has unveiled Erebor, a digital-first bank built for high-risk, high-growth sectors like crypto, AI, defense, and advanced manufacturing. Backed by Palantir’s Joe Lonsdale and Founders Fund, Erebor is applying for a U.S. national bank charter to serve startups underserved by traditional banks post-SVB.
• Fully remote, with HQ in Columbus and presence in NYC
• Combines traditional business banking with stablecoin services
• Designed for U.S. and global firms needing secure access to U.S. banking
• Tailored to the compliance needs of crypto and frontier-tech companies
• Plans to be the most regulated stablecoin-friendly bank in the U.S.
• Built by fintech and compliance veterans from Circle and Aer Compliance
• Strong digital onboarding and risk oversight baked into core design
• Funded by Joe Lonsdale (8VC), Founders Fund, and Luckey himself
• Launch fills a critical gap for startups locked out of legacy banking
• Investors betting big on a purpose-built SVB successor
• “Erebor” symbolizes resilience and independence in finance
• Vision: power the financial backbone for the builders of tomorrow
Erebor is positioning itself as the go-to bank for the innovation economy—regulated, digital, and built to serve those reshaping the future.
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Amsterdam-based Dexter Energy has raised €23 million in a Series C round led by Klima (Alantra), with participation from Mirova, ETF Partners, Newion, and PDENH. The funding will accelerate expansion of its AI-based forecasting and trading platform for renewables and battery assets.
• Tools for day-ahead, intraday, and imbalance market trading
• Reduces balancing costs by up to 35%, boosts wholesale revenue by 30%
• Enables smart trading for wind, solar, and storage portfolios
• Serves over 80 energy companies in 9 European countries
• Clients include Centrica, Pure Energie, and Luminus
• Team of 90 experts in ML, quant trading, and energy meteorology
• Klima and Mirova highlight Dexter’s impact on energy transition
• Funding supports scaling across Europe as renewables rise
• Aligns with push toward 70% renewable grid share by 2030
Dexter Energy is arming renewable operators with intelligent trading tools to navigate Europe’s fast-changing power markets—and fueling the clean energy shift with data-driven precision.
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Bootstrapped data-labeling startup Surge AI is reportedly in talks to raise up to $1 billion at a valuation above $15 billion. The San Francisco–based company, founded by former Google and Meta engineer Edwin Chen, has operated profitably without external funding—until now.
• Specializes in high-precision RLHF and LLM training data
• Built a network of expert contractors for quality-first labeling
• Delivered over $1B in 2024 revenue—surpassing Scale AI’s $870M
• Scale lost clients like OpenAI and Google amid Meta ties
• CEO Alexandr Wang departed; concerns over neutrality rose
• Surge seen as independent alternative in an AI-critical market
• Team of ~116 with high efficiency and strong margins
• Potential raise includes primary capital and employee liquidity
• Positions Surge as top-tier rival in human-in-the-loop AI workflows
Surge AI is breaking out of stealth with strong fundamentals and bold fundraising goals—poised to reshape the data infrastructure powering next-gen AI systems.
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Castelion, founded by ex‑SpaceX engineers, has raised $100M to mass‑produce affordable hypersonic missiles. The startup is targeting fast, scalable deterrence for the U.S. and its allies.
• Vertically integrates rocket motors, avionics, and heat shields
• Completed 3 hypersonic test flights in 30 days
• Focuses on agile, iterative development cycles
• Contracted by the Navy, Air Force, and Army
• Aims to counter threats from China, Russia, and North Korea
• Secured multiple SBIR awards and DoD partnerships
• Led by Lightspeed, with backing from a16z, Lavrock, Cantos & others
• Investing in full-scale production and flight demos
• Targeting operational readiness by 2027
Castelion’s fast-moving model could make hypersonic weapons cheaper, faster, and more deployable than ever before.
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Apple is reportedly considering acquiring Perplexity AI in a ~$14B deal to strengthen its AI capabilities and reduce reliance on Google search.
• Talks led by Eddy Cue and Adrian Perica for a full acquisition or partnership
• Perplexity delivers real-time, cited answers—ideal for Siri and Spotlight
• Move could protect Apple if its $20B/year Google deal is disrupted
• Siri has lagged behind ChatGPT and Gemini in conversational AI
• Perplexity faces copyright challenges that may complicate a deal
• Analysts see this as a long-term tech hedge, not a quick win
• Would surpass its largest deal since Beats in 2014
• Could introduce native AI search while keeping Google as default
• Apple may face competition from Meta and Samsung for the startup
Apple’s move on Perplexity signals a shift—aiming to bring real-time AI into its core products and lessen its dependence on Google’s search engine.
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Centific, a Seattle-based enterprise AI infrastructure company, has raised a $60M Series A led by Granite Asia to scale its “AI Data Foundry”—a full-stack platform powering high-performance, globally governed agentic AI. With clients across Fortune 500s and partnerships with OpenAI, Microsoft, and AWS, Centific is building the operational layer for real-world AI deployment.
• The AI Data Foundry handles data pipelines, orchestration, and governance at scale
• Enables low-latency inference for language + vision models across cloud, edge, on-prem
• Tools include human-in-the-loop validation, domain fine-tuning, and synthetic data controls
• Built to support agentic AI use cases like autonomous workflows, digital twins, and multi-agent coordination
• Works with model leaders like OpenAI and Anthropic, plus Fortune 500s across industries
• Powers AI systems for the “Magnificent Seven” tech firms
• Team of 3,000+ with core operations in India and global reach in Asia, the U.S., and Europe
• Revenue-generating and scaling with minimal prior outside capital
• Led by Granite Asia’s Jenny Lee—positioning Centific as foundational AI infra across APAC
• Funding will accelerate R&D in Vision AI and multi-agent systems
• Expanding partnerships with Nvidia, Lenovo, Dell, AWS, and Microsoft
• Building for the enterprise AI shift from model testing to mission-critical production
As the agentic AI wave gathers momentum, Centific is emerging as the quiet infrastructure giant making intelligent systems safe, scalable, and enterprise-ready.
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Munich-based Filics is deploying its flat, autonomous robots to transform how pallets are moved in space-constrained warehouses across Europe.
• Founded by TUM engineers to automate internal pallet transport
• Uses two omnidirectional robots to lift and carry Euro pallets
• Cuts warehouse space needs by up to 66% while handling 1.2-ton loads
• Pilots completed with Bosch, DHL, and Nagel Group
• Rolling out block-storage solutions by late 2025
• Targeting full autonomous truck loading in under 5 minutes
• Backed by Sandwater, Amazon Industrial Innovation Fund, Alven, F‑LOG Ventures, and others
• Investors highlight its efficiency in space, labor, and energy use
Filics is redefining warehouse automation with smart, scalable robots designed for Europe’s evolving logistics needs.
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Barcelona-based startup Biorce is using AI to transform how clinical trials are planned and executed. Its proprietary platform, Jarvis, helps researchers cut through delays and complexity in trial design, recruitment, and operations.
• Automates protocol design, site selection, and patient matching
• Delivers real-time insights to researchers, clinicians, and coordinators
• Tackles data fragmentation and manual workflows slowing pharma
• Helps reduce trial timelines and boost efficiency
• Enhances collaboration across stakeholders with cross-checked data
• Enables faster access to potential treatments for patients
• Supported by Norrsken VC, YZR Capital, Mustard Seed Maze, and others
• Funds will expand the tech, grow the team, and launch in the US
• Aims to become a core system for modern clinical research
Biorce is reshaping the clinical trial landscape—faster, smarter, and powered by AI.
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SiPearl, a French AI chipmaker, is set to industrialize its Rhea1 processor to power Europe’s Jupiter supercomputer—marking a leap forward in sovereign high-performance computing.
• Rhea1 features 80 ARM-based cores and 61+ billion transistors
• Built for high-performance computing and AI workloads
• Produced in collaboration with TSMC for advanced scale
• Key to EU’s plan to reduce reliance on U.S. and Asian chipmakers
• Will power Jupiter, Europe’s exascale supercomputer based in Germany
• Backed by the European Processor Initiative since 2019
• Backed by investors including Cathay Venture, Arm, Atos SE, and the EIC
• Series B planned between 2026–2028 to support further growth
• Operating with a 200-person team across France, Spain, and Italy
With Rhea1 set for mass production, SiPearl is accelerating Europe’s push for AI-driven research, energy breakthroughs, and digital sovereignty.
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Didomi has acquired Sourcepoint to build a unified platform for enterprise privacy, data compliance, and AI-powered personalization across global markets.
• Merges Didomi’s consent-tech with Sourcepoint’s publisher tools
• Serves 1,700+ clients across the U.S., UK, and Europe
• Powers privacy-first tracking, consent, and analytics
• Positions privacy as a strategic advantage
• Focuses on AI-driven personalization and consent experiences
• Delivers enterprise tools for data compliance and user trust
• Funding led by Marlin Equity Partners
• Acquisition part of global growth and platform consolidation
• Strengthens presence in Europe and publisher markets
Didomi’s expanded platform aims to become the privacy backbone for AI-ready, data-driven organizations.
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ReserveOne, a digital asset holding firm, is going public through a SPAC merger with M3‑Brigade Acquisition V Corp to bring regulated crypto exposure to Nasdaq investors.
• Holds diversified assets like Bitcoin, Ethereum, and Solana
• Offers institutional staking and lending via Coinbase Custody
• Targets equity-based access to digital assets for traditional investors
• CEO Jaime Leverton (ex-Hut 8), President Sebastian Bea (ex-BlackRock)
• Board includes Tether co-founder Reeve Collins and Wilbur Ross
• Supported by Kraken, Blockchain.com, Galaxy Digital, and Pantera
• Nasdaq listing expected under ticker RONE by late 2025
• Combines SPAC trust and PIPE capital to fuel asset expansion
• Mirrors MicroStrategy’s crypto-equity model for mainstream access
ReserveOne brings together crypto expertise, institutional capital, and regulatory structure to offer a new gateway into digital asset investing.
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