eXeX Raises $5.8M in Seed Funding
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Swave Photonics, a fabless semiconductor company based in Leuven, Belgium, has closed a €27M Series A funding round. Swave Photonics’ Holographic Extended Reality (HXR) technology uses tiny pixels and special DynamicDepth technology to create 3D holographic images that look natural and adapt to the user’s surroundings. Read more about the company’s deal here: https://lnkd.in/gFU4baui Theodore Marescaux, Dmitri Choutov, Mike Noonen, imec.xpand, IAG Capital Partners, Qbic Fund | Venture Capital, imec
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Elon Musk's Al company, xAl, has raised $6 billion in its Series C funding, following another $6 billion raised earlier this year in Series B. Key investors include BlackRock, Nvidia, AMD, and Fidelity. The funds will boost xAl's Al infrastructure, research, and product development. Recent achievements include Colossus, the world's largest Al supercomputer, the Grok 2 language model, and the Aurora image generation tool. xAl has also integrated Grok technology into the X social media platform. The company is now focused on training Grok 3 and developing new Al-driven consumer and enterprise products to improve daily life. #indiasstartup #Al #Innovation #xAl
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Neurable, a Boston-based neurotech company, secured $13M in funding for its brain-computer interface technology from investors Ultratech Capital Partners, Pace Ventures, and others. Their electroencephalography (EEG) AI tech allows for brain wave monitoring without invasive devices, such as their MW75 Neuro headphones. CEO Ramses Alcaide mentioned, "We’re empowering individuals to understand their own mind, optimize human performance, and conquer the most pressing health challenges of our generation." Over the past two years, VCs poured $150M+ into companies exploring the fusion of mind and machine through brain-computer interface technology. This trend reflects the growing interest in BCI’s potential across various domains. BCI investment will continue to increase over the next decade and could rival AI investment as the technology develops.
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After securing an amazing $5.3M in seed funding to bring its 'always-in-focus' technology to market, AllFocal Optics (formerly Lark Optics) has thanked the St John's Innovation Centre Ltd team and the Centre environment as the ideal place for growth and collaboration. Rooted in pioneering research from the University of Cambridge, this clever technology represents a radical leap in how we approach visual clarity and focus. For innovative start-ups looking for a supportive incubation environment in #Cambridge to nurture your venture, look no further than SJIC: https://lnkd.in/gRfcYAgm #StartUps #SeedFunding #Tech #OfficeSpace
We’re thrilled to announce that we’ve secured $5.3M in seed funding to bring our always-in-focus technology to market! This funding propels our vision forward as we commercialize the cutting-edge optics innovation we've been developing over the past few years. Rooted in pioneering research from the University of Cambridge, this technology represents a radical leap in how we approach visual clarity and focus. A huge thanks to our investors for believing in our vision and to our team for their relentless dedication! Stay tuned as we continue to redefine the future of optics. 🌐👓 #Innovation #TechFunding #Optics https://lnkd.in/epCie24A
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This is Slush 2024: Metamorphosis—a call for radical transformation. We’re incredibly proud to present to you what we've been working on since late last year. Slush 2024 calls for active unity, which holds the power to lead us to the ultimate change—an irreversible transformation both necessary and widespread, individual and societal. This year, we present you with: 💚 20,000+ meetings among the largest and most concentrated gathering of innovation and venture capital under the sun with 3,300 investors and 5,500 startup founders and operators. 💚 4 stages with refined concepts and a world-class lineup of industry stars. Speaker line-up launching Aug 12. 💚 Over 3 trillion USD in AUM all under one roof brought by the world's leading funds. 💚 2+1 days of Slush-organized hyper-curated activities to make every moment in Helsinki count towards your success. Slush 2024 happens on Nov 20–21 in Helsinki. Buy your tickets now: slush.org/tickets Credits: Director, 3D Artist & Sound: Oscar Böckerman Produced by 066 Studio Executive Producer: Kirmo Manninen Volumetric Scan: Civit, Jani Käpylä Film Print: Cinelab Models: Erina Giuseppe Francesco, Antti Nguyen, Karoliina Pärnänen
Slush 2024 Metamorphosis
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🤔 💷 We know #science and #engineering doesn't attract the investment it deserves with many barriers stopping the potential of #innovation in #DeepTech. ⬇️ ✅ Read our five recommended actions in response to the Institute of Physics report on 'Venture Capital in Physics Deep Tech' (https://lnkd.in/e_UyreQm) setting out the barriers to #UnlockingFinance for game-changing innovation and growth... #IOPVentureCapital #FoundationIndustries #FIVengage
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Vsquared Ventures has closed its largest European early-stage deeptech fund at €214 million, bringing their total assets under management to around €450 million. The fund's portfolio includes companies focused on advanced technological solutions, such as Quantune Technologies GmbH (wearable laser-based biomarker measurement), Atrandi Biosciences(next-gen sequencing), Dynelectro(sustainable hydrogen production), Lace Lithography (chip patterning), constellr (space-based insights), and Synthara AG (in-memory computing). #VsquaredVentures #DeepTech #EuropeanTech #VentureCapital #StartupFunding #AI #NewSpace #Robotics #EnergyTransition #Biotech #InvestmentPortfolio #TechInnovation #CapitalInvestment #EuropeanInnovation #FutureTech #GlobalLeadership #SustainableTech #EmergingTechnologies #FundClosing #TechStartups
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Running a startup is not easy. It seems to be completely different from running a regular business—different problems, different challenges, different limitations. Still, the experience is totally new for everybody in the team. We share our development paths in a new article on our blog. https://lnkd.in/duwg26Zj
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In January I saw a picture of the Mouthpad in an article from UC Berkeley College of Engineering and included it in the second edition of my then-brand new Substack newsletter NEUROTECH FUTURES. My first impression: This is product is so dang cool. Tomás Vega reached out and we struck up a chat. We interfaced ideas and puns. One chat turned into three or four, and now our ongoing dialogue is one of my favorite channels to broaden my lens in #neurotechnology, #braincomputerinterfaces, design thinking, market access, functional performance, and centering lived experience for people living with disability. My growing conviction: This company is so dang important. So when Augmental closed their seed round, it filled me with optimism that the spirit of "Think Different" is still alive in both industry and private capital. Kudos to Adrien Cohen and SCI Ventures as well as other angel investors in this round for backing real innovation that is already meeting the needs of nearly 50 people living with disability. I wanted to write up their story to share my perspective on the many ways that this powerful, relatively affordable wearable device could bridge the present and future of BCI for people with limited use of their hands. I'd recommend a "follow" to track their progress (impressive in the last 10 months alone!) Check out my article linked below for more detail on the vision and possibilities in what they're building. Congrats to the team 👏
After nearly 5 years in the garage, we’re stoked to announce our $4M Seed round led by SCI Ventures, Murata, Revere Partners, LivEdge Capital, Fen Ventures, Carao Ventures, and Tesserakt Ventures. 🎉 It’s an honor to have backing from experts in the neuro, dental, electronics, and disability spaces and to keep improving human-computer interaction, inspired by real humans. With these resources, we’ll be able to get MouthPads^ to more people and unlock FDA clearance for insurance funding and wheelchair control. And look out for V2: MouthPad^Audio, for whisper + silent speech. We truly believe that by designing for those who are most constrained, we can make solutions that are better for everybody. Bows to our angels for being with us on the journey: Eric Migicovsky, Nirav Patel, Josh Spear, Joseph O'Doherty, and many other amazing humans. And thanks to Naveen Rao for telling our story! Check it out: https://lnkd.in/grdqgdv5
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Quanfluence integrates optics and computational technology and offers a solution that overcomes limitations such as hardware instability, noise, scaling, complexity, and high-dimensional problems, delivering scalability and energy efficiency without the drawbacks of conventional approaches. #Startupfunding Entrackr Quanfluence pi Ventures Golden Sparrow Sujoy Chakravarty Ravi Mehta Biman Chattopadhyay Anil Prabhakar Aditi Vaidya Sandeep Goyal Read more 👇
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