NordicNinja led the financing round alongside Lightspeed, Superangel, and several prominent angel investors.
"This Series B round is a huge vote of confidence in the untapped potential of investing in Europe and Lightyear’s ability to make the difference. Driving meaningful progress in this market means removing barriers to entry and demystifying investing for ordinary people. That’s why we feel so strongly about our vision for AI and the future of investing. Europe is still a society of savers with completely independent tax systems, different regulations and complicated infrastructure – it’s definitely not a one-size-fits-all solution. We’re making huge leaps forward in our mission to enable 750 million Europeans to build meaningful wealth, so it’s an incredibly exciting time for the business right now."
The London-based artificial intelligence note-taking startup secured backing from Nat Friedman and Daniel Gross.
"Since our launch a year ago, people have started referring to Granola as their ‘second brain’. With Granola 2.0, we’re bringing that power to your entire team, tapping into the most up-to-date, relevant data on what’s happening in your company, the conversations your employees are having day in, day out"
The London-based unicorn has appointed Prem Akkaraju as chief executive alongside its latest financing.
"Stability AI is the backbone of the visual AI ecosystem. The Company’s world-class team, breakthrough models, and unique developer network attracted me to take on the CEO role. We will continue to release the most cutting-edge open models for the community while meeting the overwhelming demand for AI solutions from large-scale corporations. Additionally, Stability AI is now in an ideal position to spearhead the real convergence of generative AI and studio content."
The seed round was led by Hoxton Ventures with participation from Basis Set Ventures and Lightspeed Venture Partners.
"The Fundamental AI Research (FAIR) team is looking forward to collaborating with CuspAI in their use of AI, including our OpenDAC work, to accelerate the discovery of novel DAC sorbent materials. The world needs fast progress on affordable carbon capture, and we believe that CuspAI’s team is in an excellent position to apply AI-based materials discovery to this pressing problem."
Current investors including GV, Lightspeed Venture Partners, and 20VC backed the round.
"We have been growing extremely quickly over the past year as thousands of people and businesses each day jump into electric vehicles desperate for an easy, simple way to charge up."
