Author: TFT

Spectral Compute Raises $6 Million to Free CUDA Code from GPU Vendor Lock-In London-based startup Spectral Compute has raised $6 million in seed funding to expand SCALE, its software framework that lets engineers run CUDA applications on non-NVIDIA GPUs, breaking one of the most entrenched barriers in high-performance computing. The GPU Bottleneck in AI and HPC Over the last decade, the explosion of artificial intelligence and high-performance computing (HPC) has created an overwhelming dependency on one ecosystem: NVIDIA’s CUDA. While CUDA remains the gold standard for GPU programming, it has also become a constraint, locking research labs, startups and enterprises…

Fabra Raises $2.8 M to Democratise 3D Product Design for Creators and Small Brands Sydney-based startup Fabra has raised $2.8 million in pre-seed funding to launch its browser-based 3D design platform that lets anyone (from solo creators to small brands) design manufacturer-ready products without needing CAD expertise. Why 3D Design Has Remained Out of Reach for Most Creators ? For decades, the process of designing a physical product (whether a T-shirt, sneaker or backpack) has required professional 3D software, trained designers and technical production expertise. Traditional computer-aided design (CAD) tools are powerful but notoriously difficult to learn, often demanding years…

Falkin Raises £1.6 M to Embed AI-Powered Scam Prevention Inside Banking Apps London-based startup Falkin has raised £1.6 million in pre-seed funding led by Triple Point Ventures to expand its AI-powered scam prevention platform, designed to stop fraud before transactions even occur. The Hidden Cost of Scams in Finance Every year, over $1 trillion is lost globally to scams, with one in four people falling victim. Despite decades of investment in cybersecurity and fraud detection, banks continue to struggle against a new threat vector: AI-powered deception. From deepfake voices and cloned investment advisors to impersonation scams that fool even the…

Vexev’s VxWave: Sydney Startup’s Autonomous Ultrasound Robot Hits Clinical Milestone Backed by Blackbird, Sydney’s Vexev has clinically validated a world-first autonomous ultrasound robot, performing specialist scans at the press of a button. A New Era for Vascular Imaging in Dialysis Clinics For decades, ultrasound scanning has relied on skilled vascular specialists, a workflow both costly and limited by human availability. Now, an Australian medtech startup is changing that. Sydney-based Vexev has achieved a significant milestone in the field of medical imaging, demonstrating that autonomous robotic ultrasound can deliver specialist-grade results in real clinical environments. The company’s VxWave system, a robotic…

BITE Data Raises $3M to Automate Global Trade Compliance with AI Founded by former U.S. customs and supply-chain officers, the Virginia-based startup is bringing AI to one of the world’s most complex, overlooked business functions: trade compliance. The Compliance Bottleneck in Global Trade Global trade compliance remains one of the most manual, error-prone layers of modern supply chains. Every product that crosses a border must comply with a dense web of regulations: tariffs, sanctions, restricted parties, export controls and country-of-origin rules that vary by jurisdiction and change constantly. For multinational companies, compliance can consume hundreds of staff hours each week…

Emerging Food Market: Venture Capitalist Oyster Bay Launches New €100 Million Fund Hamburg, Germany, 11 November 2025 Hamburg-based venture capitalist Oyster Bay announces the final closing of its second fund. With a volume of over €100 million, it ranks among the largest European venture capital funds exclusively dedicated to the future food market. The fund was significantly oversubscribed, with investors such as the European Investment Fund (EIF) and KfW participating. The food sector is the largest industry in the world: $10 trillion in revenue, 12% of global GDP and 40% of the global workforce. At the same time, it generates…

Binsr Inspect Raises $1.1 Million to Automate the Home Inspection Industry with AI The home inspection process, one of the most critical steps in buying or selling a property, has barely changed in decades. Inspectors still juggle paper notes, photos and clunky desktop software to create reports that take hours to compile. Now, a Phoenix-based proptech startup wants to rewrite that experience with artificial intelligence. Binsr Inspect, founded in 2023 by Mark Garcia and Aryash Dubey, has raised US $1.1 million in pre-seed funding to modernize home inspections through an AI-first, mobile-first platform that merges reporting, scheduling, payments and client…

Singapore’s Video Rebirth Raises $50 Million to Redefine AI Video for the Studio Era In a global race to make generative video as believable as film, Singapore-based startup Video Rebirth has entered the spotlight with a bold claim: AI-generated video should no longer look synthetic. The company has raised US $50 million in new funding to build what it calls “studio-grade generative video”, moving beyond consumer-grade text-to-video tools toward a professional production platform built for filmmakers, advertisers and digital storytellers. The round was backed by a mix of global strategic and financial investors and will fund development of the company’s…

Lumonus Raises A$25 million Series B to Build the AI “Workflow Layer” for Oncology Sydney-based HealthTech startup Lumonus has raised A$25 million in Series B funding to accelerate its AI-powered oncology workflow platforms Physician and Dosimetry that aim to make cancer care faster, safer, and more efficient. Led by Aviron Investment Management with participation from Oncology Ventures, the new funding will support US expansion of Lumonus and deepen its development of AI tools that automate documentation, treatment planning and clinical intelligence. With more than 750 active users and 280,000 cancer treatments supported across hospitals in Australia, the US and Europe,…

Bengaluru Team Unveils the Nation’s First Driverless Car. Built for India. Built By India  India’s journey toward autonomous mobility reached a defining milestone this week as Wipro, the Indian Institute of Science (IISc) and RV College of Engineering jointly unveiled the nation’s first driverless car prototype, built and tested in Bengaluru. Developed under the Wipro–IISc Research and Innovation Network (WIRIN), a six-year industry–academia collaboration. The project marks India’s most advanced attempt yet to create an autonomous vehicle engineered specifically for Indian roads. The prototype was presented on the RV College campus, where a demonstration run complete with dignitaries onboard that…