What happened in the startup ecosystem this week? 39

Startups, unlike traditional businesses, are established with the goal of rapid growth and often take risks and receive a large amount of investment. These investments are used to accelerate the growth of the business and they often develop projects that focus on technological innovation. However, the survival and growth of startups is often a challenging process.

Entrepreneurs have to constantly improve their product and business model, impress their customers and satisfy investors in order for their business to succeed. A successful startup is achieved with a team that believes in and is excited about its product, a business model that meets the needs of customers, and proper management of its financial resources. Building a startup therefore requires a great deal of risk and dedication, but can offer significant rewards when it succeeds. Let’s see what happened in the startup ecosystem this week.

Also See: Artificial Intelligence Based Insurance Pricing Platform Lumnion Receives Investment

Startups that received investment

Robotics startup Figure said it raised $675 million at a valuation of $2.6 billion from investors including Nvidia, Microsoft and Amazon.com founder Jeff Bezos. Click for more information.

Powerdot, a Lisbon-based EV charging point operator, announced the successful completion of a €100 million financing round led by Antin Infrastructure Partners and Arié Group. Click for more information.

Wise-integration, the French pioneer in the digital control of gallium nitride (GaN) and GaN ICs for power supplies, announces a €15 million financing. Click for more information.

Founded by Seyfettin Ersen Erol, Levent İlhaner, Enes Güren and Duhan İçöz, Shippn received an investment of 547 thousand dollars in the pre-series A bridge investment round led by KT Portföy. Click for more information.

Workflex, a globally customised talent matching platform, is accelerating its innovation journey with Vanora Ventures’ technology investment. Click for more information.

Taiko, a leading provider of layer 2 scaling solution for the Ethereum blockchain, has raised $15 million in a series A funding round. Click for more information.

According to the information provided by Gamer Arena, the startup received an investment of $ 6 million. Gamer Arena’s new investment came from DOMiNO Ventures. Click for more information.

Lumnion is a Turkish startup developing end-to-end insurance pricing platforms based on artificial intelligence. It announced that it received an investment of 1 million dollars in the interim investment round. Click for more information.