Updated on May 24, 2024
1. Capchase closes round of 105 million euros to finance startups 🚀
The platform that allows startups to access funding without having to give up equity has closed a round of 105 million euros 💰. This round was led by 01 Advisors and QED Investors, with participation from Bling Capital and Caffeinated Capital. This injection of capital will allow them to continue offering their services to more companies and establish themselves as a reference in the fintech sector.
Capchase, headquartered in New York but with a strong presence in Europe, has become a lifeline for many startups. Its model allows companies to advance future revenues and obtain funding quickly without having to resort to venture capital investors who take a piece of the pie 🍰.
This operation is a clear sign of confidence in Capchase's model, which has seen explosive growth 📈. Since its founding in 2020, the platform has helped over 3,000 companies and has advanced over 2,000 million dollars in future revenues.
In the words of the founders: "We want to democratize access to capital". And it seems they are achieving this by leaps and bounds. The new funding will be used to expand their range of products and services, as well as to continue expanding their global presence 🌍.
👉🏻 Here you can read more about the funding round.
👉🏻 Learn more about Capchase and how they can help your startup.
👉🏻 If you have launched your Startup or Spinoff and it is not going as expected, we can help you. Check out our Traction and Pivoting services.
2. Syre raises €60M to boost textile recycling with AI 👕🔄
Syre, the innovative Swedish startup, has secured funding of 60 million euros 💶 to revolutionize textile recycling using (of course) artificial intelligence. This investment round, led by Harald Mix and his firm Altor, will allow Syre to improve its technologies and expand its impact on sustainability.
Syre is dedicated to transforming textile recycling through the use of AI, optimizing the process of sorting and reusing materials. Its advanced technology can identify and separate different types of textile fibers, facilitating their recycling and reducing the waste that ends up in landfills 🌱.
The process of textile recycling has traditionally been complex and costly, but Syre is changing the game with its innovative approach. Using machine learning algorithms, its system can process large volumes of used clothing and textile materials, maximizing efficiency and sustainability of the process ♻️.
According to Harald Mix, "Syre is leading a crucial transformation in the textile industry". With the new funding, the startup plans to expand its operations, invest in research and development, and bring its technology to new global markets 🌍.
👉🏻 Read more about the funding round here.
👉🏻 Discover more about Syre's innovations in textile recycling.
👉🏻 Discover the future of the textile sector and AI.
3. Reveal acquires Onna Technologies to enhance business data management 💼💡
Reveal, the US company specialized in data analysis software and eDiscovery, has announced the acquisition of Onna Technologies, a Spanish startup focused on business information management. Although the financial terms of the agreement have not been disclosed, this acquisition promises 📊.
Onna Technologies, based in Barcelona, has stood out for its platform that centralizes and organizes data from various sources, facilitating access and analysis of crucial information for companies. This integration will allow Reveal to offer more comprehensive and robust solutions for data management 🔍.
The acquisition is an important step for Reveal, which seeks to expand its presence in Europe and strengthen its technological offering. Onna, for its part, will benefit from the resources and experience of Reveal to scale its platform and reach a broader audience.
In the words of the CEO of Reveal, "This union will allow us to offer more advanced and efficient data analysis solutions". The collaboration between both companies promises to optimize data discovery processes and improve decision-making in the corporate sphere.
👉🏻 Read more about the acquisition here.
👉🏻 Learn more about Reveal and its eDiscovery solutions.
👉🏻 Discover the Onna Technologies platform and its benefits.
4. Recorded Future raises €200M to strengthen cybersecurity with AI 🛡️🤖
Cybersecurity remains a hot topic, and the startup Recorded Future is ready to tackle threats with a recent funding round of 200 million euros 💶. This capital, led by Insight Partners, will allow Recorded Future to enhance its capabilities in artificial intelligence and expand its range of cybersecurity solutions.
Based in Boston, Recorded Future has distinguished itself by its innovative use of AI to predict and mitigate cyber threats before they occur 🔍. Its platform analyzes vast volumes of data in real-time to identify patterns and suspicious behaviors, providing companies with a crucial advantage in protecting their digital assets.
This new funding round comes at a critical time, as cyber threats continue to evolve and increase in sophistication. Recorded Future has proven to be an invaluable ally for organizations looking to stay a step ahead of cybercriminals 🕵️♂️.
The founders of Recorded Future state: "Our mission is to make the world a safer place using AI". The company plans to use this funding to further improve its technology, expand its global presence, and hire new talent to help take its solutions to the next level 🌐.
👉🏻 Here you can read more about the funding round.
👉🏻 Discover more about Recorded Future's cybersecurity solutions.
5. Amazon will invest €1.800M in new data centers in Aragón 🏢💻
Amazon continues to bet big on Spain! The company has announced an investment of 1.8 billion euros in the construction of new data centers in Aragón. This enormous investment will strengthen the technological infrastructure in the region and help meet the growing demand for cloud services ☁️.
The new data centers will not only improve Amazon Web Services (AWS) capacity and efficiency in Europe but will also boost the local economy with the creation of numerous jobs and opportunities for economic development. These centers are expected to be operational by 2025, positioning Aragón as a key technology hub in southern Europe 🚀.
Amazon has highlighted the importance of these centers for the growth and resilience of its global cloud services network. The location in Aragón was chosen for its excellent connectivity, climate stability, and the support of the local government, which has facilitated the installation and development of the project.
According to Amazon: "This investment underscores our commitment to digital infrastructure and economic growth in Spain". The new data centers will also be built with a focus on sustainability, using renewable energy and advanced technologies to minimize environmental impact 🌍.
👉🏻 Read more about the investment here.
👉🏻 Learn more about Amazon Web Services and its cloud solutions.
