TrojAI Inc., a Saint John, New Brunswick-based Cybersecurity for AI solutions provider, closes CAD$3 million in seed round was co-led by Seattle's Flying Fish Ventures and Atlantic Canada's largest venture capital fund, Build Ventures. This follows a $750K pre-seed round one year ago with Techstars, Concrete Ventures, and the New …

WEKA, a Campbell, California-based data platform for AI, announced that raised $73 million in funding led by Hitachi Ventures, which brings the total amount raised to $140 million. Other investors participating in this round were strategic investors, including Hewlett Packard Enterprise, NVIDIA, Micron, and Cisco, and financial investors including MoreTech …

Metamaze, Antwerpen, Belgium-based Intelligent Document Processing (IDP) platform that works based on artificial intelligence, raised €1.5 million in a seed round. The round is a combination of capital and loans, AI expert Faktion BV invested 400,000 euros, among other things. The start-up can also count on more than 1 million …

Konektio, a Chesterfield, Derbyshire-based business that aims to transform the industry with its Internet of Things software platform, raised £2.1 million to accelerate international expansion. Konektio received funding from both the Midlands Engine Investment Fund (MEIF) and Northern Powerhouse Investment Fund (NPIF), managed by Mercia and Foresight Group, along with …

Verofax Limited, an Abu Dhabi, UAE-based Asset Digitization and Traceability solutions provider, closed a $1.5 million in pre-Series A funding round. The round was led by Benson Oak Ventures, with participation from 500 Startups, Wami Capital and Vernalis Capital. The funds will be used to expand the company’s sales and …

Corellium Inc., a Boynton Beach, Florida-based provider of ARM device virtualization solutions, raised $25 million in Series A funding. The round was led by Paladin Capital Group, with participation from the venture capital arm of Cisco Systems Inc. and several other investors. This equity-only round will be used to accelerate …

NetSpring.io, a Redwood City, California-based operational intelligence platform, raised $13 million in Series A funding to usher in the next generation of enterprise data intelligence. The round was led by Dell Technologies Capital, with participation from Khosla Ventures and Wipro Ventures. Company: NetSpring Data, Inc. Raised: $13.0M Round: Series A …