Yazar: IŞIL AKPINAR

Defense technology company Anduril Industries has received a new investment of $1.5 billion, bringing its valuation to $14 billion. The investment was led by Founders Fund and Sands Capital and includes new investors such as Fidelity Management & Research Company, Counterpoint Global and Baillie Gifford. 

Israel-based LightSolver is an innovative technology company developing all-optical supercomputers. The company is working on a new laser-based processor (Laser Processing Unit, LPU) that is more energy efficient than conventional computers and quantum computers. This innovative technology performs complex mathematical operations using the natural properties of light and does not require electronic components. This allows it to operate at room temperature, minimizing energy consumption.

Mexican fintech startup Stori raised $212 million in its latest investment round. The investment consisted of $105 million in equity and $107 million in debt financing. This major investment has propelled Stori to unicorn status. The investment will allow Stori to develop new products and expand its existing services. The company aims to increase financial inclusion in Latin America and give more people access to financial services.

While quantum computing is still largely a theoretical field, the investment it has attracted is quite tangible. Riverlane, which specializes in quantum error correction technology, has raised $75 million to expand its R&D and operations amid growing customer interest. If they can get these failure rates under control, technologists are working hard to realize the next big leap in computing power. Riverlane is developing technology that adapts to chips used in quantum computing systems and can monitor, predict and correct errors produced by quantum bits (known as qubits). Even five years ago, I would have thought that only one of these qubits would work, but what we're actually seeing is that they're all moving at the speed of Moore's Law. In …

Lausanne-based DemoSquare has developed an AI-based monitoring tool to make it easier for companies to carefully track and quickly adapt to regulatory changes at a time of heightened political uncertainty and regulatory trends. In this context, DemoSquare, a subsidiary of the Swiss Federal Institute of Technology Lausanne (EPFL), which develops artificial intelligence technologies to help companies anticipate political and regulatory changes, has raised €1.2 million in pre-seed funding from Swiss and German investors. Led by Zurich-based QBIT Capital, this investment round will accelerate the startup's expansion into European markets. High-Tech Gründerfonds (HTGF), one of Europe's leading early-stage investors, is supporting this expansion with a strong network of large companies.We are thrilled to announce the closing of this first round of …

Liverpool-based independent parcel carrier Yodel has secured a €99 million funding package that will enable them to invest in plans to further automate and modernize their business. The investment will be used to meet demand for its rapidly growing Out of Home (OOH) delivery channel and includes initiatives launched in response to a significant increase in parcel volumes.

Vilnius-based fintech company Bourgeois Boheme (BoBo) has successfully closed a €6.5 million seed investment round led by investment firm Graphit Lifestyle. This investment will make a significant contribution to BoBo's goal of facilitating large volumes of cross-border transactions using proprietary security systems developed with AI database analytics.

Silicon Valley-based satellite startup Muon Space announced the completion of a $56.7 million Series B financing round for small satellite development and applications such as Earth observation. The round was led by Activate Capital and included participation from Acme Capital and existing investors Costanoa Ventures, Radical Ventures and Congruent Ventures. 

Hedra is an AI-powered video content platform founded by former Nvidia, Google and Meta employees. Hedra has received $10 million in seed funding from notable investors including Index Ventures, A16Z Speedrun and Abstract Ventures. This investment will allow Hedra to develop its innovative solutions in a video content production and curation startup called Chracter-1. 

August 3, 2024 was a proud day for Turkish engineering achievement. Turkey's first Level 4 autonomous minibus developed by ADASTEC was successfully tested and exhibited at Michigan Central Station in Detroit, Michigan, USA. ADASTEC is a Turkey-based technology company focused on developing driverless and autonomous vehicle technologies. Turkey's first Level-4 autonomous bus, supported by the Ministry of Industry and Technology, uses ADASTEC's flowride.ai software platform. The buses are equipped with advanced technology such as high-resolution cameras, LiDAR sensors, thermal cameras and artificial intelligence technologies. Thanks to these features, it can operate safely and efficiently by detecting factors such as traffic lights, stops and passenger movements. The company is making a global name for itself with its driverless bus technology, with …