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26 Jan 2025

Wingify Founder Paras Chopra Sells SaaS Startup for $200M, Commits to Staying in India

Paras Chopra, founder of Delhi-based SaaS startup Wingify, sells his company for $200 million to Singapore's Everstone, highlighting the success of bootstrapped startups and the growing AI ecosystem in India.

3 Sources

25 Jan 2025

AI Startup GameOn Founders Indicted in $60 Million Fraud Scheme

Alexander Beckman and Valerie Lau Beckman, founders of AI chatbot company GameOn Technology, face multiple charges for allegedly defrauding investors of $60 million through elaborate financial misrepresentations.

4 Sources

24 Jan 2025

StormHarvester Secures £8.4m Investment to Expand AI-Powered Flood Management Solutions

Northern Irish green-tech firm StormHarvester raises £8.4m to double its workforce and expand its AI-based wastewater management solutions globally.

2 Sources

LG Electronics Acquires Majority Stake in AI Robotics Startup Bear Robotics

LG Electronics has increased its stake in Bear Robotics to 51%, gaining management control of the AI-powered robotics startup. This move aligns with LG's strategy to expand its robotics business and enhance its AI capabilities.

2 Sources

Pipeshift Raises $2.5 Million to Streamline Enterprise AI Deployment

AI infrastructure startup Pipeshift secures $2.5 million in seed funding to enhance its platform for deploying open-source AI models in enterprise environments, aiming to simplify and accelerate AI adoption.

2 Sources

Galileo Launches 'Agentic Evaluations' to Enhance AI Agent Reliability and Performance

Galileo introduces a new platform to evaluate and improve AI agent performance, addressing critical challenges in enterprise AI deployment and reliability.

2 Sources

Palona AI Raises $10M to Develop Emotionally Intelligent AI Sales Agents

Former Google, Meta, and Samsung executives launch Palona AI with $10 million in funding to create more reliable and emotionally attuned AI-powered customer service chatbots for retail businesses.

3 Sources

Binance Labs Rebrands to YZi Labs: Expands Focus to AI and Biotech with CZ in Mentorship Role

Binance Labs, the investment arm of Binance, has rebranded to YZi Labs. The firm is expanding its focus beyond crypto to include AI and biotech, with former Binance CEO Changpeng Zhao taking on a mentorship role.

3 Sources

Attentive.ai Secures $12 Million in Series A Funding for AI-Powered Landscape Automation

Delhi-based startup Attentive.ai raises $12 million in Series A funding to enhance AI automation in the landscaping and construction industries, focusing on the US market.

2 Sources

Baya Systems Secures $36M to Revolutionize AI Chiplet Design

Baya Systems raises $36 million in Series B funding to advance its innovative chiplet-optimized Network-on-Chip (NoC) technology, aiming to transform AI chip design and improve data movement efficiency in complex multi-die systems.

2 Sources

DeepSeek's Rise: Chinese AI Startup Challenges US Dominance

Chinese AI startup DeepSeek's R1 model tops app charts, rivaling OpenAI's ChatGPT with impressive performance at a fraction of the cost, sparking debates on AI development and US-China tech competition.

102 Sources

23 Jan 2025

Landeed Secures $5 Million to Boost AI and ML Capabilities in Property Tech

Proptech startup Landeed raises $5 million in Series X funding to expand its AI and machine learning capabilities through Landeed Labs, aiming to revolutionize property title searches and real estate transactions in India.

2 Sources

Ati Motors Secures $20 Million in Series B Funding to Advance AI-Powered Industrial Automation

Bengaluru-based Ati Motors raises $20 million in Series B funding to expand its AI-driven robotics solutions for industrial automation, with plans to accelerate product development and global market presence.

3 Sources

VuNet Systems Raises INR 60 Crore in Series B Funding for AI-Powered Business Observability Platform

Bengaluru-based deep tech startup VuNet Systems secures INR 60 crore in Series B funding to expand its AI and big data analytics platform globally, enhancing digital transaction monitoring for financial institutions.

3 Sources

Vertice Secures $50M for AI-Powered Procurement Management Platform

Vertice, an AI-driven procurement management startup, raises $50 million in Series C funding to enhance its platform for optimizing software and cloud spending. The company's valuation reaches $500 million as it expands its AI capabilities and global presence.

2 Sources

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