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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements. EnCharge has its roots in federal grants that Verma received in 2017 alongside collaborators at the University of Illinois at Urbana-Champaign.

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Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 The company is also currently piloting financing for e-mobility assets. . Image Credits: Tugende.

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Bloomfilter Raises $7 Million Seed Round

HPA

of equity financing and $1.5 Bloomfilter is a process intelligence platform for software development , designed to measure and improve the software development lifecycle. The platform helps organizations develop a shared understanding of what the product team is building, when it will be delivered, and how much it costs.

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Phase Sensitive Innovations chooses Delaware for state-of-the-art lab, manufacturing and R&D expansion

American Entrepreneurship

This technology enables next-generation communications and radio frequency systems, and PSI is believed to be the only domestic supplier positioned to manufacture these items domestically. The expansion also will free up space in the original building that will be used to expand research and development operations.

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Fortescue subsidiary chooses Delaware for expansion that will bring new hydrogen economy jobs to Kent County

American Entrepreneurship

Xergy won more than $10 million in research and development funding and patented more than 100 of its membrane and device innovations before being acquired by Fortescue and transformed into FFI Ionix in 2021. This is very exciting for Dover and the greater Dover community,” said Dover Mayor Robin R. Christiansen.

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Japan’s Zeals raises $38.8M to scale its chat commerce platform

TechCrunch

Mizuho Bank and Mitsubishi UFJ Financial Group also joined in its debt financing. Conversational commerce, a term coined by former Uber employee Chris Messina in 2015 , enables online businesses to sell their products and services through messaging and chat apps like WhatsApp and Facebook Messenger. Image Credits: Zeals.

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Japan’s health-tech Ubie wants to fuel its U.S expansion with $19M Series C extension

TechCrunch

The extension round consists of 90% equity and 10% debt financing, according to the co-founder and CEO of Ubie Kota Kuto. With this round, Ubie has raised a total of $76 million since its inception in 2017. Ubie isn’t the only health tech company developing an AI-enabled symptom checker for users.

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