PV system, power storage, electric charging station and the right software for energy managementmat home or in the company: neoom from Upper Austria has become one of the players in German-speaking countries that want to offer renewable energy supplies from a single source. Now themscale-up around CEO and founder Walter Kreisel has raised up to 30 million euros with Solas Capital in order to be able to finance future projects. In a first step, 20 million euros will be made available, which can be increased to 30 million over time. Solas Capital is a specialist investment advisory firm founded and led by energy efficiency financing experts and based in Zurich, Munich and Dublin. Specifically, it is the Solas Sustainable Energy Fund (SSEF), which is advised by Solas Capital and which in turn is supported by money from the Munich Re Insurance Group, the European Investment Bank (EIB) and the LIFE program. https://www.breakinglatest.news/technology/solas-capital-invests-up-to-30-million-euros-in-scale-up-energy-projects/#google_vignette

Smartschool, a Polish-US-founded edtech company headquartered in San Francisco, announced today that it has raised $1.5 million in a Pre-Seed round. The company has developed an AI-guided learning system for K-12 students with the goal of combating educational inequalities. Its developed Yoko, an AI assistant specifically designed to help students in the US prepare for the SAT exam — a crucial test for college admissions. Its cost is far lower than hiring a traditional tutor. The company was founded by Matt Maslowski, Paul Burzynski, and Agata Mroczkowska, each drawing from their personal educational experiences to emphasise the importance of individualised learning. Inspired by a high school computer science teacher, Matt and Paul, friends since school, pursued computer science at the University of Warsaw and the University of Cambridge, respectively. They later established a tutoring agency that has assisted over 1,000 European and Southeast Asian students in exam and competition preparation. The funding comes from Inovo VC, The Explorer Fund, and angel investors, including Andreas Michaelides, Chief of Psychology at Noom, and Konrad Howard, co-founder of Booksy. https://tech.eu/2024/03/13/smartschools-ai-assistant/

Smartschool, a Polish-US-founded edtech company headquartered in San Francisco, announced today that it has raised $1.5 million in a Pre-Seed round. The company has developed an AI-guided learning system for K-12 students with the goal of combating educational inequalities. Its developed Yoko, an AI assistant specifically designed to help students in the US prepare for the SAT exam — a crucial test for college admissions. Its cost is far lower than hiring a traditional tutor. The company was founded by Matt Maslowski, Paul Burzynski, and Agata Mroczkowska, each drawing from their personal educational experiences to emphasise the importance of individualised learning. Inspired by a high school computer science teacher, Matt and Paul, friends since school, pursued computer science at the University of Warsaw and the University of Cambridge, respectively. They later established a tutoring agency that has assisted over 1,000 European and Southeast Asian students in exam and competition preparation. The funding comes from Inovo VC, The Explorer Fund, and angel investors, including Andreas Michaelides, Chief of Psychology at Noom, and Konrad Howard, co-founder of Booksy. https://tech.eu/2024/03/13/smartschools-ai-assistant/

AI start-up Tomorrow Things has secured €1.5 million in funding to continue the development of an AI-powered Operating System for machines on the internet. Tomorrow Things is an intelligent automation platform that creates digital twins of technical assets. This allows them to optimise production lines, predict potential issues, and make informed decisions without impacting real-world operations. High-Tech Gründerfonds (HTGF) and neoteq ventures led the funding which was supported by Notion Capital, solo GP Robin Capital, and a number of business angels specializing in fundraising, marketing, and B2B SaaS (Christian Noske, Maximilian Eichler, Thomas Lang, Thomas Hollwedel, and Markus Doetsch). https://tech.eu/2024/03/13/tomorrow-things-raises-eur15m-for-ai-driven-digital-twins/

UK-German medtech company ThinkSono has announced that it has secured £2.1 million in its latest funding round. The company has raised approximately £5 million to date. ThinkSono specialises in ultrasound guidance solutions. Its flagship product, Sono Guidance, leverages AI and real-time imaging technology to provide healthcare professionals with unparalleled accuracy and precision during ultrasound-guided procedures. The latest round was led by id4 ventures, with participation from Brandenburg Kapital, Calm Storm Ventures, Dubai Angel Investors, CrowdCube, Cur8 Capital, and multiple prominent angel investors and clinicians in vascular surgery. https://tech.eu/2024/03/15/thinksonos-ai-driven-ultrasound-guidance-system-aims-to-improve-dvt-diagnosis/

Broswarm, a Lithuanian military tech startup developing drone-based mine detection solutions, has secured $100,000 in funding to further develop its technology and contribute to demining efforts in Ukraine. The $100,000 funding round led by ScaleWolf, a hybrid accelerator and fund for defence tech, will propel Broswarm’s development efforts. The company also plans to patent its groundbreaking sensor technology. https://techfundingnews.com/broswarm-a-military-tech-startup-raises-100k-funding-to-combat-landmine-crisis-in-ukraine-with-drones/

Swiss biotech food startup, Cultivated Biosciences, has successfully closed a $5 million seed funding round, signaling a significant step forward in its mission to redefine dairy alternatives. This funding boost will expedite the development of their yeast cream, a groundbreaking ingredient designed in collaboration with the food industry, and pave the way for a US market launch in 2025. Strategically attracting a group of investors, this funding round was led by Navus Ventures, a Dutch venture capital firm committed to promoting sustainable food and energy systems. https://dairynews.today/global/news/cultivated-biosciences-has-successfully-closed-a-5-million-seed-funding-round.html