Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a Paris-based startup that makes AI-powered software for ultrasound workflows, for about $ 92.7 million (KRW 126 billion). The French startup’s AI assistant is aimed at helping obstetricians and gynecologists with […]
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 […]
Business planning startup Pigment raises $145 million round in rare French tech megaround
Paris-based startup Pigment has raised a $ 145 million funding round just five years after its inception. The enterprise software company offers a business planning platform so that large companies can visualize their past financial performance and forecast upcoming quarters. This funding round comes as a bit of a surprise as large rounds have been […]
Kylian Mbappe Strike Takes PSG Through To French Cup Final
Kylian Mbappe had a penalty saved but then scored the only goal of the game as Paris Saint-Germain beat Rennes 1-0 in the last four of the French Cup on Wednesday to set up a final showdown against Lyon. Mbappe saw Rennes goalkeeper Steve Mandanda save his 37th-minute spot-kick at the Parc des Princes, but […]
French deep tech spinout Diamfab crystallizes hopes for diamond semiconductors to support green transition
As more funding flows into deep tech to address difficult global problems like climate change, PhD entrepreneurs coming out of Europe’s top universities and labs are increasingly turning their research into companies. French spinout Diamfab, founded in 2019, is one example. Its co-founders, CEO Gauthier Chicot and CTO Khaled Driche, both PhDs in nanoelectronics and […]