NoTraffic scores $50M to transform traffic management with edge technology
Mobility platform provider NoTraffic has officially secured $50 million in a Series B funding round, which the company says will…
Funding
Tracking investments in the companies in the edge services ecosystem, along with trends and related developments. Includes funding from angel and seed rounds to debt instruments, stock offerings, and related financial news.
Canadian Space Agency awards Galaxia $1.7 million for edge space tech platform
A Canada-based space computation company, Galaxia Mission Systems, has been awarded a $1.7 million contribution from the Canadian Space Agency…
Nami closes $10.5M Series A to advance the digital sensing ecosystem
Nami, an IoT platform and ecosystem enabler, has closed its Series A funding round of $10.5 million from investors including…
Fly.io raises an additional $70 million for edge app delivery, led by EQT Ventures
Fly.io, an application delivery network company, has raised $70 million in a funding round led by EQT Ventures as it…
Axelera AI secures a total of $50M in funding in 20 months to develop edge AI chips
Axelera AI, a Dutch company specializing in edge AI chip design and software, says overwhelming interest and demand have led…
U.S. DOE invests $40 million in projects developing cooling technology for data centers
The United States Department of Energy has committed $40 million to fund 15 projects focused on developing cooling technology for…
Together secures $20M seed funding to develop open-source AI and cloud platform
Together, an open-source AI startup, recently announced a $20M seed funding round led by Lux Capital to build an open-source…
Klepsydra secures over $1.12M in funding to grow its edge computing software solutions
Klepsydra Technologies, a provider of onboard software for edge computers, has announced a successful funding round with $1.17 million USD…
Mavenir secures $100 million in new capital raise with Siris taking the lead
Mavenir, a network software provider, has successfully raised $100 million to support its strategy of digitizing telco networks with cloud-native…
Retrocausal promises increased manufacturing efficiency and profitability, secures $3.4 million of funding
Retrocausal, a manufacturing process management platform provider, has launched LeanGPT, a specialized foundation model for manufacturing. In short, the company…
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