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Alchemist Press

Techcrunch
Alchemist’s Latest Batch Puts AI To Work as Accelerator Expands To Tokyo, Doha

Alchemist Accelerator has a new pile of AI-forward companies demoing their wares today, if you care to watch, and the program itself is making some international moves into Tokyo and Doha. Read on for our picks of the batch.

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DEPO Ventures
DEPO Ventures and Tensor Ventures Sell AI Chip Startup NEURONIX to US Tech Giant

In a recent landmark deal in the tech industry, Czech investment firms Tensor Ventures and Depo Ventures have jointly announced the sale of their shares in the American-Israeli startup Neuronix AI to Microchip Technology, a tech giant with a market valuation nearing $50 billion. This acquisition underscores the critical role of advanced AI technologies in an industry driven by escalating demands for computational power.

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Glass Commerce
GLASS Selected by U.S. Federal Government for $6 Billion E-Commerce Initiative

GLASS has been chosen by the U.S. Federal Government’s General Services Administration (GSA) for a groundbreaking competitively awarded initiative.

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Silicon Republic
Dublin-Based Legitify Raises €1.5m For Notarisation Platform

The latest seed funding investment was led by London’s Verb Ventures and backed by the likes of Enterprise Ireland, Actium Ventures and Redbay Ventures.

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QNA
QRDI Council Partners with Alchemist Accelerator

The Qatar Research, Development, and Innovation (QRDI) Council is partnering with Alchemist Accelerator - a world leading venture builder focused on the development of early-stage B2B startups - to launch Alchemist Doha a first and exclusive MENA program for tech startups.

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Axios
Exclusive: Bonfire Analytics Nabs $2M To Help Health Tech Make Sales

Bonfire Analytics, a platform designed to drive sales leads in health care, raised $2 million in its first round of venture funding, CEO Vinay Nagaraj tells Axios exclusively.

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TechCrunch
Drone Couriers and Virtual Faces Among Alchemist Accelerator’s Demo Day Highlights

Today is demo day at Alchemist Accelerator, which focuses on very early stage startups from technical founders. Fifteen companies are presenting in this batch, but here are several we thought worth a closer look. Alchemist also scored an additional $2 million from Mayfield to keep investing like this, so they must be doing something right.

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Tech.eu
BeCause Raises $1.9M For Sustainability Data Management in Travel Industry

BeCause, a Danish startup offering the hospitality, travel, and tourism industries a sustainability data management platform, has raised $1.9 million in a seed funding round.

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TechCrunch
Construction Marketplace Construex Takes in First Capital to Expand in Latin America

Construex, an Ecuador-based software-as-a-service marketplace for the construction and design industries, secured $4.6 million in seed funding. Zacua Ventures and Fifth Wall co-led the round and were joined by ABSeed and Terracotta Ventures.

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PR Newswire
Sempre Health Secures $20 Million in Funding From Cencora Ventures, Echo Health Ventures, and Others

Sempre Health, the leading solution for behavior-based healthcare pricing, today announced $20M in additional funding from three new investors, including Cencora Ventures and Echo Health Ventures.

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TechCrunch
Alchemist Accelerator’s Latest Startups Range from Sneakernet for Energy to Solar Panel Cleaning Bots

This morning is Alchemist Accelerator’s demo day, and there are 22 companies making their debut across a wide range of industries. Whether you’re building a construction business, cleaning solar panels or exploring quantum computing, there’s something for you here.

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TechCrunch
Jirav, A Startup Developing Financial Planning Software for Businesses, Raises $20M

After years of working for startups, including Limeade and Zephyr Health, Martin Zych came to realize that companies were lacking an automated, cloud-based way to run their books and prop up their financial models. Most were stuck with legacy tools with siloed, clunky architectures that made it impossible — or close to impossible — to measure and plan for changes in a holistic way.

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EIN Presswire
The Claire Technologies Corporation Announces Investment in Universal Fuel Technologies

Claire Technologies Corporation, a leading innovator in the field of sustainable energy solutions, is pleased to announce a strategic investment in Universal Fuel Technologies.

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ACCESSWIRE
GLASS, the E-Commerce Startup Revolutionizing How Government Agencies Buy from Small Businesses, Raises $3M in Funding

GLASS secures $3 million in funding from leading e-commerce and government procurement investors including New Age Capital, Newtopia VC and Alcove Capital, among others. GLASS is a Silicon Valley startup that's pioneering government e-commerce, revolutionizing a global $3.7 trillion industry.

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TechCrunch
Prelaunch Assembles a Pre-Seed Round to Help Hardware Founders Pre-Build The Right Pre-Products

Hardware startups are hard, the saying goes, but it isn’t always obvious why they are hard. One of the core challenges is that it has traditionally been hard to do agile hardware product development — even if you get everything “right,” how do you know that people actually want one of the 20,000 gizmos you so lovingly manufactured?

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Forbes
Freightify Raises $12 Million To Help It Oil The Wheels Of Global Trade

Some areas of the global economy remain remarkably untouched by digital transformation. If you want to book a flight to another part of the world, countless websites and apps will help you find the best option.

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ThisWeekinFM
EcoSync Raises Close to £1M in 2nd Seed Round

A tech start-up that provides room-by-room energy management solutions for commercial buildings has raised close to £1 million in its second seed funding round.

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Skift
Car Rental App Kyte Raises $60 Million

Kyte, an app that offers on-demand car rentals, has raised $60 million in Series B growth equity financing.

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Startbase
Knowron Raises 1.8 Million Euros

The AI start-up can thus secure a lot of money in its seed financing round. Among other things, the company wants to combat the shortage of skilled workers.

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TechCrunch
Cruz Foam’s Chitin-Based Packaging Brings in $18M as Industries Scramble to Go Green

The best way to remove plastics from the ecosystem is to make sure they never get there in the first place, and Cruz Foam is well on its way to replacing some of the worst ones out there with its naturally derived and compostable alternative — and the company just landed an $18M series A to do it faster.

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