Topic: team expansion
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PostScriptum's NestAI Aims to Forge Europe's Tech Frontier
PostScriptum has launched NestAI, a next-generation innovation lab focused on building foundational technologies, following its previous success with Silo AI's acquisition by AMD. NestAI has assembled a nearly 50-person team of world-class experts from top companies and universities, with plans t...
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Oumla Secures $2.4M to Develop Saudi Digital Asset Infrastructure
Oumla raised $2.4 million in seed funding, led by Core Vision with support from Avalanche and angel investors, to advance Saudi Arabia's digital asset infrastructure. The company provides custody, management, and tokenization solutions for digital assets, targeting corporations, banks, and govern...
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Fahy Studios Secures $1.75M to Launch Global Games from Saudi Arabia
Fahy Studios raised $1.75 million in funding to accelerate development of hybrid-casual mobile games from Saudi Arabia. The studio is actively developing titles including RAWR, Footy Traps, and Heist Party, focusing on engaging gameplay with depth. This investment supports Saudi Arabia's growing ...
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Payday Devs Cancel D&D Game to Focus on New Heists
Starbreeze has canceled its Dungeons & Dragons game, Project Baxter, to focus all development resources on the Payday series, resulting in a financial impairment charge of SEK 255 million. The strategic shift includes laying off approximately 44 staff and aims to accelerate Payday content deliver...
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Ex-Google X Trio Raises $6M to Build Your AI Second Brain
TwinMind is an AI-powered app that captures ambient speech to build a personal knowledge base, operates entirely offline, and recently secured $5.7 million in seed funding. The app distinguishes itself by running unobtrusively in the background on mobile devices, offering real-time translation an...
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