SeedBlink Blog

startups And Financing

Investor insight: August 2024 Portfolio success stories

img_1823

Oana Ciurea

· 3 min read
Investor insight: August 2024 Portfolio success stories
Significant achievements from Arcanna AI, Bonapp, Dronamics, DRUID AI, FLOWX AI, .lumen, PROCESIO, Quarks Interactive, and Swisspod Technologies. Let's dive into their success stories.

As we transition into the vibrant fall days, we are excited to share the latest updates from our portfolio companies, highlighting their impressive progress.

Here’s a snapshot of the achievements of the startups we've proudly backed:

Arcanna AI will be showcasing its latest technologies at The AI Hot 100 Conference, hosted by The AI Furnace, on September 18th in New York City. This event is a key gathering for AI professionals and innovators, providing a platform for Arcanna AI to present its newest developments and share insights into the future of artificial intelligence. Learn more about the conference here.

Bonapp recently celebrated a significant milestone in partnership with PENNY | REWE Romania. Together, they have saved 24,000 products from going to waste, which translates to rescuing 7.2 tons of food. This effort has made an environmental impact equivalent to planting 622 trees, showcasing Bonapp’s commitment to sustainability and reducing food waste.

Dronamics, supported by over £7 million in UK government funding through Innovate UK's Future Flight Challenge, has made remarkable strides in the medical logistics space with its CarbonNeutral certified drones.

DRUID AI is gearing up for its online annual event, Symbiosis 3, where the latest in DRUID AI's platform technology will be showcased. The event will highlight advancements in Generative AI agent orchestration with the DRUID Conductor, a tool designed to enhance conversational AI capabilities. More details about the event can be found on their LinkedIn page.

EasySales is set to participate in two events this month. On September 10th and 11th, they will be at the Seamless Europe Startup Innovation Showcase in Munich, Germany, showcasing their latest e-commerce innovations — here you can register for a free pass. Then, on September 18th, they will host eCommerceTalks in Bucharest, where they’ll engage in a panel discussion on international sales strategies with leading industry experts. See you there?

FLOWX.AI has been featured in last month’s FinTech Magazine for its collaborative efforts with the National Bank of Canada. The article (available on page 84) explores the successful partnership and how FLOWX.AI's platform is driving digital transformation in the banking sector.

.lumen has secured a second US Patent for their innovative Glasses for the Blind and Pedestrian Autonomous Driving AI. The patent includes advancements in detecting the environment, recognizing obstacles, and determining safe pathways for pedestrians, offering non-visual feedback to users.

PROCESIO is now a pilot participant in Bitdefender's CONSOLE Project, underlining its commitment to maintaining the highest security standards for its technologies. By serving a diverse clientele that includes enterprises, freelancers, and SMBs, PROCESIO continues to demonstrate versatility and performance in the business process automation space.

Quarks Interactive has successfully launched a version of Quantum Odyssey for iPhones and iPads, expanding its reach beyond Android devices. The app, free to download, is touted by the founder as the most comprehensive quantum computing educational software and video game available on handheld devices. Quantum Odyssey can be downloaded for Apple devices here and for Android devices here.

Sessions, the Romanian startup, has been facing significant challenges despite initial momentum. After raising funding earlier this year, the company has encountered delays with its latest financing round, causing difficulties in paying employees and continuing operations. Founder Radu Negulescu recently shared that they are now five months late on payroll, despite strong early traction. To stay updated on their journey and learn more about how they’re navigating these challenges, check out the full story on ZF Business Hi-Tech.

Swisspod Technologies is inviting you to a historic celebration in Lausanne. Founder Denis Tudor will host a special ceremony on September 17th, in collaboration with EPFL DESL, to celebrate Swisspod's world-record achievement for the longest hyperloop ride. With 80 successful rides already under their belt, Swisspod is setting new benchmarks in the hyperloop industry. If you're interested in attending this event, please reach out to Denis at mailto:denis@swisspod.com.

We remain dedicated to fostering trust and transparency by engaging with our funded startups and sharing their latest updates with our community of investors and tech enthusiasts.

If you are interested in supporting any of our portfolio companies with your network, knowledge, or mentorship, please contact us at mailto:investors@seedblink.com.

Subscribe to our newsletter

The place from where you get all information and details about the European startup ecosystem, technology trends, the VC and business angels world, investment opportunities, and news.

Join our newsletter

Your go-to source for European startup news, equity trends, VC insights, and investment opportunities.


© 2024 SeedBlink. All rights reserved.

facebooktwitterlinkedininstagram