RISC-V chip designer Rivos raises 235 million euros for AI accelerator
Rivos, a startup that designs RISC-V-based processors, recently raised over 235 million euros ($250 million) to develop its own AI accelerator. This AI accelerator is intended primarily for end users for whom Nvidia accelerators are overkill and too expensive.
The investment round focused on rai... Read more
IBM invests in data security datasecurity company Cohesity and expands partnership
Data security company Cohesity is expanding its partnership with IBM, receiving the final part of a Series F funding round of $150 million (more than 140 million euros) from that company. IBM did not disclose the amount it is investing in Cohesity.
Cohesity hopes the investment will address cust... Read more
Atos needs 1.2 billion euros to make it through 2025
Atos has been in dire financial straits for several years. The French IT company needs a total investment of 1.2 billion euros, 600 million of which it hopes to secure through loans. With a new restructuring plan, the significant debts should be halved by 2026.
That amounts to 2.4 billion euros ... Read more
Can 2.5 billion euros keep ASML in the Netherlands?
28-03: This article from March 27th has been updated to reflect the fact that the Dutch cabinet has confirmed its investment in its tech sector.
The Dutch government is pulling out the purse strings for its tech-heavy Brainport Eindhoven region. 2.5 billion euros in additional spending is set to... Read more
Belgium’s Robovision gets multi-million investment for expansion
The computer vision software provider raised $42 million, equivalent to €38.9 million, in a recent investment round.
Robovision supports organizations in developing AI models for production lines and machines. The models can support the agricultural sector by being present in a machine that fu... Read more
Cohere aims to realize market value of 4.6 billion euros with investment round
Cohere aims to raise 458 million euros ($500 million) with a new investment round. The investments should eventually give the AI startup a market value of 4.6 billion euros ($5 billion).
Sources told Reuters that Cohere wants to compete even more with rivals such as OpenAI. To this end, Cohere w... Read more
Dutch Effect Photonics raises 20 million euros
Effect Photonics can further scale up its production thanks to a 20 million euro investment. Behind the investment are the pension funds PME and PMT.
Dutch-based Effect Photonics has attracted an investment that will allow it to scale up its production further. The company is focused on technol... Read more
Dutch TheyDo raises €31 million to grow
The money will be invested in AI research and development as well as quantitative and qualitative data. The company also plans to expand in the U.S.
Founded in 2019, TheyDo offers a platform for "journey management". This includes mapping customer activities, such as a customer's concerns about ... Read more
Dutch Eye Security raises 36 million euros
The security company, founded in 2020, aims to drive growth with a multi-million euro investment.
JP Morgan Growth Equity Partners led the investment round. For Eye Security, raising 36 million euros also means significantly surpassing the previous investment round of 17 million euros by the end... Read more
Dutch chip start-ups attract significant investment
The chip industry in the Netherlands appears to be raising a lot of investment money for start-ups. The total amount of investment money for this sector is already growing for the fifth year in a row.
Dutch start-ups operating in the semiconductor sector are attracting a lot of attention from i... Read more