🚀 Exit! From a student project to acquisition by one of world's largest engine manufacturers. Proud to share that Aiir Innovations — one of our MIF portfolio companies — has been acquired by Pratt & Whitney. When we came on board as the first investor back in 2019, AIIR was a young, diverse team of five AI students from the University of Amsterdam who built their first proof-of-concept at KLM Royal Dutch Airlines maintenance division, automatically spotting engine wear to cut downtime and make more efficient use of assets. In 2023 we welcomed Borski Fund and Hearst Ventures to grow AIIR further with a rich combination of international customers. Under Pratt & Whitney's wings, AIIR can now roll out its technology worldwide. This is for us a textbook example of innovation in the Dutch ecosystem: breakthrough technology from university, a corporate that dares to experiment, scaled by venture capital and backed by Netherlands Enterprise Agency Huge congratulations to the founders, it was a pleasure to be on your journey Bart Vredebregt Miriam Huijser Cassandra Loor Steve Nowee Fritjof Büttner Read more about this exit: https://lnkd.in/eWzT_tKb Royal Schiphol Group Port of Amsterdam Nederlandse Spoorwegen Het Financieele Dagblad Mainport Innovation Fund
SHIFT Invest’s Post
More Relevant Posts
-
🚀 Funding News | Humanoid Becomes Europe’s Newest Unicorn with $152M Series A 🇬🇧🤖 London based Humanoid has secured $152 million in Series A funding, reaching a $1.3 billion valuation and earning unicorn status just two years after its launch. The round was led by Prime Movers Lab, with participation from Schaeffler, Bosch, Fubon Financial Holding Co., Ltd. 富邦金控 Financial Holding Venture Capital, and AGLAÉ VENTURES. Founded by Artem Sokolov, Humanoid is building AI powered industrial humanoid robots designed for sectors such as manufacturing and logistics. The fresh investment will help the company accelerate its robotics platform, expand commercial deployments, increase production capacity, and continue advancing its proprietary AI technology, KinetIQ. Europe’s robotics ecosystem continues to gain momentum as investors place bigger bets on AI-driven automation and the future of industrial work. It’s your turn to raise. Get access to 440K+ investor profiles. Link in the first comment 👇 #FundingNews #VentureCapital #AI #Robotics #Humanoid #Automation #IndustrialAI #Startups #ArtemSokolov
To view or add a comment, sign in
-
-
The future of global innovation is being built in Ukraine right now! At the Bricks & Bytes podcast in Paris, Oleg Demydenko Owner at Planit-inc., Board Member at NPO "BUILDIT Ukraine", and Head of the National ConTech Cluster shares his insights on the massive prospects that will open up in Ukraine once the war is over. Simply put, there will be no better place on Earth to test, scale, and implement cutting-edge technologies than Ukraine. We are building this future together. Follow the National ConTech Cluster to stay updated and be part of the technological breakthrough that is set to reshape the world: https://www.contech.org.ua Watch the full episode on Bricks & Bytes — the #1 YouTube channel for design, construction, and operations technology: https://lnkd.in/d9TxuY5n
Venture capital was born out of the wave of innovation that followed World War Two. We're watching the same pattern now — robots, companies, and engineers producing at a phenomenal scale. And when the war ends, there won't be a better place on earth to trial technology than Ukraine.
To view or add a comment, sign in
-
French startup Elixir Aircraft has raised €45 million to streamline its manufacturing process and boost its light aircraft production. Read it here: https://ow.ly/WpEZ50ZjWgL
To view or add a comment, sign in
-
JUST IN: China's ROBOTERA has raised $148 million in a new funding round led by @Chengtong Fund. 🇨🇳🤖 Founded by @Chen Jianyu, YUE XI. ROBOTERA develops humanoid robots, service robots, and dexterous robotic hands to accelerate the future of embodied AI. The funding round also attracted investments from: • Jiangxi Provincial State-owned Enterprise Assets Operation (Holdings) Co., Ltd. • Guoyuan Securities Company Limited • Yufu Zhongxin Fund • Hangzhou Financial Investment Group Returning investors include CICC Renault, Jiukun Venture Capital, Hony Capital, Juntai Capital, and Shenghe Capital. With this latest investment, Robotera has now raised $369 million over the past two months, following: • 💰 $148M strategic funding in March • 💰 $200M funding round in April • 💰 $148M funding round in July The fresh capital will help accelerate the development and commercialization of humanoid robotics and embodied AI. The funding comes as China continues to strengthen its robotics ecosystem, backed by a government initiative expected to mobilize ¥1 trillion ($148 billion) for the sector over the next 20 years. Meanwhile, Chinese robotics company Unitree is reportedly preparing for a $620 million IPO. Congratulations to @Chen Jianyu, YUE XI and the entire ROBOTERA team! 👏 #Startup #Funding #Robotera #HumanoidRobots #Robotics #EmbodiedAI #ArtificialIntelligence #China #DeepTech #VentureCapital #StartupNews #AsiaStartups #BusinessNews #Innovation #FutureTech
To view or add a comment, sign in
-
-
🚀 Momentum is the name of the game! Our community is firing on all cylinders with fresh funding, strategic acquisitions, and landmark milestones. Here is the latest breakdown of what our members have been up to: 🏨 1 Asset Management financed a €6.5M multi-year modernization and SPA upgrade for the historic five-star Radisson Astorija hotel in Vilnius. 🌿 BSV Ventures led a €1M+ round for Finnish deep-tech startup Granarium to commercialize its waste-to-energy green grid technology. 🛸 Coinvest Capital co-led a €2M seed round for Lithuanian defense engineering company PDKINEMATICS. 🤖 FIRSTPICK led a €500K round for Vilnius-based AI startup Superpal to deploy autonomous AI agents inside Slack. 🏗️ INVL Asset Management acquired an 86% stake in the Rūdninkai Military Town Project Phase II via its Defence Infrastructure Fund I. 🛡️Iron Wolf Capital backed Estonian defense tech startup Vegvisir to scale its platform-agnostic command-and-control software. 🛸 Iron Wolf Capital also co-led the €2M seed round for Lithuanian UAV precision guidance developer PDKINEMATICS. 🍺 LitCapital LcX Opportunity Fund secured regulatory clearance for a 45% stake acquisition in Genys Brewing. 💼 Livonia Partners financed DIGMATIX’s dual acquisition of Czech CRM specialist LLP CRM and Romanian ERP partner ELIAN SOLUTIONS. 🎓 Vilniaus universiteto fondas hit a €25M portfolio milestone following a €1M donation from Lithuanian laser industry pioneers. Proud to see our ecosystem thriving and setting new benchmarks for success.
To view or add a comment, sign in
-
Sydney aerospace startup MAKO has raised $28 million to take its sharkskin-inspired aircraft technology global. Its Flightfilm product is designed to reduce drag on planes, helping cut fuel use, costs, and carbon emissions by up to 4% per aircraft. Founder and CEO at MAKO: Henry Bilinsky Reporter: Sara Singh Tak⚡️
To view or add a comment, sign in
-
💰 Fundraise Alert | SwitchOn Inc. The Raise ➡️ Physical AI startup SwitchOn has raised $8 Mn (₹78 Cr) in pre-Series B led by IvyCap Ventures, with participation from SIG Tattva | CVC Arm of Somany Impresa Group and Trifecta Capital. This marks the company's third major funding round, following its $1.1 Mn seed and $4.2 Mn Series A raises. The Roadmap The fresh capital will be used to: • Accelerate international expansion. • Strengthen research and development. • Scale its go-to-market operations across manufacturing industries. The Outlook SwitchOn has already deployed its AI-powered quality inspection platform across 170+ production lines in 60+ manufacturing facilities spanning four continents, serving customers such as Unilever, Bosch, Maruti Suzuki, and ALPA. As manufacturers increasingly adopt AI-driven automation, the company is well-positioned to scale its vision of enabling zero-defect manufacturing through computer vision and Physical AI. Congratulations to Aniruddha Banerjee, Avra Banerjee, and the team on this milestone! #FundraiseAlert #PhysicalAI #Manufacturing #ComputerVision #AI #IndustrialTech #StartupFunding
To view or add a comment, sign in
-
-
💡 Featured Press Release — MonacoTech Opens AI Innovation Accelerator for Green Startups MonacoTech has launched a dedicated AI Innovation Accelerator supporting startups developing artificial intelligence solutions for sustainability, clean energy, and smart urban infrastructure. The program offers mentorship, investor networking, and technical support, further strengthening Monaco's position as a hub for sustainable innovation. #Monaco #MonacoTech #AI #Innovation #GreenTech #Startups #Sustainability
To view or add a comment, sign in
-
-
🇪🇺Which European startups secured June's most notable funding rounds? From over €1 billion in financings to seed rounds, June demonstrated that investor interest remained strong across every stage of the startup lifecycle, with AI, defence, healthcare, climate, robotics, and industrial technologies leading the way. 👏 Congratulations to ICEYE, THEKER Robotics, Alta Ares, Endra, Apoha, Command AI (fka CommandBar), Astral Systems, Gigaton, Orbio AI, Airspeed, NeuralTrust, Almetra, NewOrbit Space, GR3N SA, Capsa AI, fonio.ai, Gradient Labs, Timefold, 01Health, JUPUS, Lightbringer, Rainbow Crops, Talentir, Applied Atomics, and many more. And congratulations to the investors backing them, including Kibo Ventures, General Atlantic, Cherry Ventures, OTB Ventures, Balderton, Lakestar, Speedinvest, Dawn Capital, Seedcamp, Plural, Planet A Ventures, Expeditions, Kima Ventures, HTGF | High-Tech Gründerfonds, KOMPAS VC, and many others. 👉 Check out all the notable funding deals that happened across Europe in June: https://lnkd.in/dA9p8TAr
To view or add a comment, sign in
-
London-based #Humanoid, a two-year-old #humanoidrobotics #startup, has raised $152 million in a Series A funding round, valuing the company at $1.35 billion. The company’s wheeled #humanoidrobot, #HMND01, is designed for #industrialuse and is expected to achieve CE certification by next year. Humanoid’s AI platform, #KinetIQ, enables fleets of robots to work together efficiently, aiming to reach human-level speed on certain tasks. https://lnkd.in/e_FJ_ix2 #tech #media #news
To view or add a comment, sign in
Explore content categories
- Career
- Productivity
- Finance
- Soft Skills & Emotional Intelligence
- Project Management
- Education
- Technology
- Leadership
- Ecommerce
- User Experience
- Recruitment & HR
- Customer Experience
- Real Estate
- Marketing
- Sales
- Retail & Merchandising
- Science
- Supply Chain Management
- Future Of Work
- Consulting
- Writing
- Economics
- Artificial Intelligence
- Employee Experience
- Workplace Trends
- Fundraising
- Networking
- Corporate Social Responsibility
- Negotiation
- Communication
- Engineering
- Hospitality & Tourism
- Business Strategy
- Change Management
- Organizational Culture
- Design
- Innovation
- Event Planning
- Training & Development