Hype will be good or bad. This week we saw startups on either side of this fence – and being on the good side justified large funding rounds.
The most interesting stories of startups from the week
When a week is coming to an end, it is time to even out the benefits and disadvantages.
Splendor points: The reviewed magazine emphasized the plans from the German startup Proxima Fusion, giving a recent credibility to his concept and the project of a working fusion power plant, which may act reliably and continuously.
UPS points: Y Combinator has removed its posts about the Demo from YC W25 Optifye.Ai after it became viral and not in a great way. Startup claims that he builds “efficiency monitoring for factory employees”, but others He called it “Sweathops-as-a-Service”.
Breakthrough points: Palo Alto based on a startup startup claims that he has developed a large language model based on diffusion (DLM). Diffusion models that exist already are mainly used to create images, video and sound, and inception is hoping to compete with LLM.
The most interesting VC messages and financing this week
This week, several startups secured the financing rounds, which were particularly large at their appropriate stages, and recent funds are at the growth stage.
Recy Round: Israeli Startup quantum machines have secured one of the largest funds of financing, which has so far been collected by a quantum computer company with a $ 170 million series under the leadership of PSG Equity with Intel Capital, Red Dot Capital Partners and existing investors.
Full circle: Shop Circle, which creates the approval for electronic trade, collected a round of $ 60 million, which also financed the takeover of Aiden, the manufacturer of the software “Selling with a guide”.
Magic arms: Polish Startup Nomagic, which creates robotic arms for logistics operations, collected a B series price $ 44 million under the leadership of VC European Bank for Reconstruction and Development (EBRD). It plans to make use of some funds to succeed in customers in North America.
Magic touch: Taktile, a New York startup that helps fintechs in building automated flows of decision -making work, closed $ 54 million of the B series under the leadership of Balderton Capital with participation Index Ventures, Tiger Global, YC, Prosus Ventures and Vivisionary Club.
Ideas relay: Relay raised a round of $ 35 million and under the leadership of the London plural VC to introduce a model of delivering a package from the last mile from Asia to Europe, in an approach, which also reduces energy consumption and is based on electronic bikes.
Dear: Lovable, a rapidly developing AI platform, which leaves Sweden, secured $ 15 million in the premature series of round led by Creandum. He also said that he achieved $ 17 million annual repetitive revenues after scaling to $ 30,000 paying customers from only $ 2 million.
European growth: Private Equity Thoma Bravo closed the inaugural fund price $ 1.9 billion to deepen its presence in the region and take fresh capital rates in central software firms throughout the continent.
Cambridge growth: Cambridge Innovation Capital (CIC), a British fund that only invests in the ecosystem around the University of Cambridge, has launched a fund of possibilities of $ 126 million.
No less essential
This week there was the third anniversary of the Russian invasion of Ukraine. This caused a wave of Ukrainian double -use startups and defense technology, modern on the battlefield and outside, and TechCrunch rounded several of them.