funding round

First Light Fusion Announces Close of Series C Fund Raise

Raises $45 million from both existing and new investors. PRESS RELEASE — OXFORD, England, Feb. 14, 2022 /PRNewswire/ — First Light Fusion, an Oxford-based global leader in researching energy generation via inertial fusion, is pleased to confirm the close of its Series C fund raise, raising $45 million from both existing and new investors. Existing investors who have backed …

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Celestial AI Raises $56 Million Series A to Disrupt the Artificial Intelligence Chipset Industry with Novel Photonic-Electronic Technology Platform

PRESS RELEASE — Celestial AI’s system transforms computing using light for data movement within and between chips enabling scalability with optical access to memory and compute from single node to exascale systems SUNNYVALE, Calif. — (BUSINESS WIRE) — Celestial AI, an AI-accelerator company with a proprietary hardware and software platform for machine learning chipsets, today announced a $56 million Series A …

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ML & DL Startup Raises $50M Series C, Set For Growth in Computer Vision Use Cases

Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users. This week the company announced a $50 million Series C. At the same time, it announced that the platform was expanding to include computer vision use cases. Tiger Global led the round, with participation from …

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Risilience

Risilience Raises £6 Million Series A Funding Round For its Climate Change Risk Analysis Platform

PRESS RELEASE — Risilience, a climate change business platform, has announced a Series A investment of £6m from international investors led by IQ Capital. The investment will be used to develop Risilience’s leading analytics and SaaS platform for corporate businesses to assess their climate change risks and manage their transformation to reach net zero emissions. …

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