AI startup Neysa: AI SaaS cloud platform Neysa bags $20 million from Matrix Partners India, others
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AI startup Stability lays off 10% of staff
London-based AI unicorn Stability has laid off about a tenth of its workforce as part of a “strategic plan to reduce” costs just weeks after the departure of its founder and CEO. The layoffs, affecting around 20 staff, were announced by Stability in a company-wide memo on Wednesday evening, first published by Business Insider. The […]
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Romanian Electromobility Startup ELEC Secures Over €1 Million in Funding
ELEC, the Romanian electric ridesharing platform, has attracted over €1 million in investment funds ELEC, to become an electromobility system. With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform. Last year, the company conducted a fundraising campaign on the crowdfunding platform Ronin, raising […]
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Circle of Games secures $1 million funding from Nazara Technologies, others
Multi-gaming platform Circle of Games (COG) has raised $1 million in equity funding from strategic investors Nazara Technologies FZ LLC and Swiss-based The Hashgraph Association.Nazara is India’s largest and only listed gaming company with presence across eSports, sports media, gaming studios and adtech. The company recently pledged $100 million to invest in successful and innovative brands and IPs with cutting-edge technology in the web3, virtual reality, and AI space.COG intends to use this...