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Wednesday, 22 May 2024

Coactive, which provides AI tools to categorize visual data, raised a $30M Series B co-led by Emerson Collective and Cherryrock Capital at a $200M valuation (Kenrick Cai/Forbes)

Kenrick Cai / Forbes:
Coactive, which provides AI tools to categorize visual data, raised a $30M Series B co-led by Emerson Collective and Cherryrock Capital at a $200M valuation  —  The startup has raised $30 million, quadrupling its valuation to $200 million, signaling investors' interest in enterprise AI tools that aren't generative in nature.



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...