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 meets the needs of customers, and proper management of its financial resources. Building a startup therefore requires a great deal of risk and dedication, but can offer significant rewards when it succeeds. Let’s see what happened in the startup ecosystem this week.
Also See: Artificial Intelligence Startup Cohere Receives $270 Million Investment
Startups that received investment
Hypervision Surgical, a London-based startup, has received €7.5 million in investment to build a surgical imaging platform. Click for more information.
Zeliq received 5 million euros in a financing round led by Resonance and joined by Groupe Duval, Obratori and +BAs. Zeliq’s tool offers dynamic features that allow business development representatives (BDRs) to automatically enter Ideal Customer Profiles (ICPs). Click for more information.
Wonnda has received €1 million worth of investment. This round was led by Belgian venture capital fund Pitchdrive and Berlin-based IBB Ventures. Click for more information.
Turkish mobile game studio Spektra Games has raised $1,250,000 in a round led by Ludus Ventures and The Games Fund, with participation from Alfa Games & Partners. Click for more information.
Turkish startup Milvus Robotics received an investment of 600 thousand dollars from APY Ventures. The Turkish startup provides services to smarten the intralogistics processes of both factories and warehouses with software and robot solutions. Click for more information.
Haiqu announced that it has received a $4 million investment. Haiqu’s $4 million investment round was led by MaC Venture Capital. Click for more information.
Berlin-based Payrails announced that it has received an investment of 14.4 million dollars. The founder of the startup is Emre Talay. Click for more information.
Curri, a technology platform focused on last-mile logistics for the construction industry, is founded. It was founded in 2018 by Matt Lafferty and Brian Gonzalez. Click for more information.
Pigment, a workflow management platform, raised $88 million in a Series C investment round. ICONIQ Growth led the Series C investment round of the workflow management platform. Click for more information.
Move On, which develops agricultural technologies, received investment at a valuation of 50 million TL. Founder of MOVE ON is Ömer Faruk KOÇ. Click for more information.
Cohere, which is developing an ecosystem of artificial intelligence models for enterprise, announced that it has raised $270 million as part of a Series C round. Click for more information.
What’s new this week
Naşide Gözde Durmuş, a 1985 Izmir-born geneticist and scientist, has accomplished a beautiful work. The successful scientist separated cancer cells from blood and developed a chip. As Kutbettin Bingölbalı mentioned, Naşide Gözde Durmuş has achieved many successes until the age of 35. Click for more information.
It’s no secret that ChatGPT’s recent growth has increased interest in artificial intelligence. ChatGPT has a superior performance compared to other AI assistants such as Siri and Google Voice. As such, technology giants have started to integrate artificial intelligence into their products. It has even been rumored that some cell phone manufacturers are considering using ChatGPT as a voice assistant in their products. Infinix took the most concrete step in this regard. The company will incorporate ChatGPT, based on a state-of-the-art voice assistant, in its soon-to-be-released Transsion Infinix NOTE 30 series. This voice assistant will be able to provide personalized responses through the user interface, taking into account previous responses. The beta version of the voice assistant has received very positive comments from many users. Click for more information.
Deep Robotics launched the latest version of its intelligent quadruped robot Lite3 at the International Conference on Robotics and Automation (ICRA) in London last week. There are four different models in the Lite3 series. And the entry-level model, Basic, is priced at $2,890 (USD) for tech enthusiasts. The other three models, Venture, Pro and LIDAR, are designed for scientific work and education. Click for more information.
Nespresso has collaborated again with Swedish bicycle brand Vélosophy. Vélosophy will transform old coffee capsules into bicycle parts. Click for more information.
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