AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
“We’re still effectively in the “early 90’s internet” phase of AI at the moment. […] as we unlock AI capabilities, especially those semi-autonomous or autonomous in nature, we begin to see what the future has in store. The possibilities of AI applications are conceivably endless, limited perhaps only by imagination and energy production,” says Don […]
While overall funding in the European fintech sector declined by 25% year-on-year, UK companies dominate the scene, accounting for 65% of all deals in the region.
Fresh funding complements earlier Care.fi investments of $2.6 million and fuels fintech’s vision of becoming India’s healthcare-focused Small Finance Bank.
Tunnelling is an alternative to bridging practices which enable interoperability of two different blockchains – Bitcoin and Ethereum.
Fintech company LoanTap and a banking-as-a-service startup Hyperface have reached a strategic partnership to boost online lending services in India.
The system offered by Skyfire combines the benefits of AI-powered virtual assistance with autonomous payments on the customer’s behalf.
The Startup India Scheme is a major initiative launched by the Indian government to promote innovation, support entrepreneurship, and stimulate economic growth by establishing new startups.
Over 90% of fintech leaders globally believe robust industry investment levels will return within the next 12 months.
Xpeng Aeroht, a subsidiary of Chinese energy vehicle startup Xpeng Motors, has secured $150 million in a Series B1 financing round to develop a flying car.
The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.
Kenya’s standing as a preeminent hub for financial technology in the African continent is unquestionable and well-established. According to the comprehensive African Tech Startups Funding Report 2023, released by Disrupt Africa, Kenya proudly hosts approximately 15% of all fintech firms operating in Africa.
Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.
Ukraine is home to over 240 companies that deal with artificial intelligence (AI), while the number of AI professionals has grown fivefold over the last decade.
The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.
For entrepreneurs and business owners, the fintech industry presents an exciting frontier of opportunities. The buzz surrounding fintech startups is hard to ignore, particularly in startup hotspots like India where the vibrant startup culture is driving forward innovation at an impressive pace.
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