OQC, global leaders in quantum computing as a service (QCaaS), announced that OQC Toshiko, the world’s first enterprise-ready quantum computing platform, is now open to the public. Meanwhile, SBI Investment, Japan’s leading VC fund, is leading OQC’s $100 million round. Oxford Quantum Circuits receives $100 million investment. OQC Toshiko is a powerful next-generation 32-qubit platform deployed in commercial data centres, enabling enterprises to seamlessly and securely leverage breakthrough technology from anywhere in the world. OQC’s $100 million round will pave the way for industry-leading R&D. It will enhance the ability to deliver enterprise-ready quantum to businesses on a global scale.…
Author: Işıl Akpınar
Fintech startup Flow48 announced US$25 million in pre-Series A funding. This marks a significant milestone in its mission to push the boundaries of SME lending. The round, a mix of equity and debt, includes notable investors such as Speedinvest, Daphni, 212, Blockchain Founders Fund, Unpopular Ventures, Endeavour Catalyst and TLG, as well as angel investors including NEA’s Scott Sandell. Also See: ELTA360 Received Investment with a Valuation of $2 Million Fintech startup Flow48 Flow48, founded by Idriss Al Rifai with the principle of addressing the challenges faced by SMEs in securing working capital financing. It has developed a state-of-the-art platform…
ELTA360 announced that it has received its first investment from Inventures at a valuation of $ 2 million. The Turkish startup will grow the company team with the investment it has received and use it in R&D studies. Thus, it aims to advance its R&D studies. The Turkish startup was founded in 2020 by Okan Aslan and Eli Levi. ELTA360 uses its 3D virtual tour creation platform in education, real estate, tourism, automotive and retail sectors. Among the users of the platform developed by ELTA360 are important companies. These companies are Denizbank GYO, Emlak Konut, Fatih Municipality, Han Spaces, Damat-Tween,…
Neuralink, the company founded by Elon Musk, has raised an additional $43 million in venture capital. It shows that the company increased its previous tranche led by Peter Thiel’s Founders Fund from $280 million to $323 million in early August. It also had 32 investors participating, according to the filing. Neuralink did not disclose its valuation recently. However, in June, Reuters reported that the company’s value was around $ 5 billion after private stock market transactions. Also See: What happened in the startup ecosystem this week? Neuralink, the Company Founded by Elon Musk It has designed a sewing machine-like device…
Startups, unlike traditional businesses, are established with the goal of rapid growth and often take risks and receive a large amount of investment. These investments are used to accelerate the growth of the business and they often develop projects that focus on technological innovation. However, the survival and growth of startups is often a challenging process. Entrepreneurs have to constantly improve their product and business model, impress their customers and satisfy investors in order for their business to succeed. A successful startup is achieved with a team that believes in and is excited about its product, a business model that…
NomadVibe, the digital nomadism-focused new generation media company of Erdem Şentunalı, former co-founder of Swipeline, one of Turkey’s fastest growing new generation media companies that publishes in the fields of entrepreneurship, startups and technology, has received an investment at a valuation of $ 1 million. Erdem Şentunalı, who left Swipeline co-founder by exiting his shares, dedicates all his focus to his new startup NomadVibe. The new generation media ecosystem is growing with new companies focusing on different verticals. NomadVibe, which focuses on digital nomadism (digital nomad), which defines a lifestyle that includes both travelling and working, and produces inspiring content…
Milan-based vertical farming startup Planet Farms has raised $40 million in funding at a valuation of $500 million. In addition, the total funds raised by the company reach 140 million dollars. The company was previously supported by Milan’s SACE, UniCredit Group and Red Circle Investment. Planet Farms Established by Daniele Benatoff and Luca Travaglini. Also Read: Linio Biotech Received Investment Planet Farms Established by Daniele Benatoff and Luca Travaglini It will be used for the expansion of Planet Farms into Italy and the UK. The company plans to complete a new facility in Cirimido, Italy, which will be operational by…
Finnish biotech growth company Linio Biotech has announced a new investment round of EUR 4.2 million, bringing the company’s total financing to over EUR 9 million. In addition to previous family offices and private investors, Linio Biotech’s investors will now include new Finnish private investors and doctors familiar with the sector. Also See: Kinterra Capital Creates $565 Million New Fund Linio Biotech’s Innovation is an Injectable Tissue Product Called Tience® I have been following Linio Biotech’s journey closely for two years and it is inspiring to participate in the internationalisation of the excellent Tience® innovation. I have been working with…
Kinterra Capital invests in important critical mineral assets required for the energy transition. It is also a private equity firm that invests in and develops strategic infrastructure. According to the information conveyed, it has created a new fund of 565 million USD. It should be noted that with USD 565 million of committed capital, it has exceeded its USD 500 million target. Co-Founders and Managing Partners Cheryl Brandon and Kamal Toor have previously co-invested in Kinterra’s target sectors in more than 40 transactions. They also have a 15-year track record in private equity. Also See: Layer AI Receives Investment to…
Layer AI is the latest startup to raise $1.8 million to bring AI to the art of gaming. Layer AI has raised a round of venture capital funding from investors such as The Games Fund to create a state-of-the-art AI-powered productivity tool. The San Francisco company, known for its innovative solutions, attracted a strong support system from industry leaders and investors in the gaming and AI sectors with case studies here. The team is led by a team of industry professionals with extensive experience in AI, gaming and computer vision. Our creative process at a high level starts with sketching,…