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Edonia grabs €2M to turn microalgae into less bitter-tasting ground meat alternative

Edonia grabs €2M to turn microalgae into less bitter-tasting ground meat alternative

As the world’s population continues to grow, the need to be able to feed everyone is something a number of entities are working on. Paris-based Edonia, is one of the startups working on creating protein ingredients using microalgae. Edonia joins companies like Bevel, AlgaeCore Technologies, Algenuity and NewFish that are all tapping into the global…

Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy, an Indian food delivery and instant commerce startup, plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders. The company disclosed its IPO plans in a filing to the local regulator. The Bengaluru-headquartered startup plans to raise $450 million through the issuance of new shares and offer…

French startup FlexAI exits stealth with $30M to ease access to AI compute

French startup FlexAI exits stealth with $30M to ease access to AI compute

A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently. FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($30 million) in funding, while teasing…