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_Welcome

Welcome to today’s edition of AI Business Weekly. The AI investment space remains strong, with major funding rounds and acquisitions shaping the industry. Today’s highlights include a $500 million raise by a Google-backed IT automation startup, a potential distress acquisition in the AI enterprise space, and India’s first AI-driven space data center.

Let’s dive in.

Google-Backed IT Startup NinjaOne Raises $500 Million

NinjaOne, an automated endpoint management provider, has raised $500 million at a $5 billion valuation. The Series C extensions were led by Iconiq Growth and CapitalG, Google-parent Alphabet’s investment fund, with additional private investors. NinjaOne’s platform enables companies to oversee and protect all their devices efficiently.
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Estonian Deeptech Startup Secures €1M for Fuel Cell Development in Drones and IoT

Tartu-based deeptech startup GaltTec OÜ has raised €1 million in pre-seed funding to advance its micro-tubular solid oxide fuel cell (mSOFC) technology. The round was led by 2C Ventures, with participation from DefCAP OÜ, Bitsick OÜ, and ModulEnergy OÜ. The company is currently working with the Estonian Defence Forces to test ethanol-based fuel cells.
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M2P Fintech in Talks to Acquire AI Startup Vue AI in Distress Deal

M2P Fintech is in discussions to acquire Vue AI, the enterprise AI platform developed by Mad Street Den. Vue AI offers workflow automation and data-driven insights for businesses. The deal, if finalized, would see M2P acquiring Vue AI’s full-stack AI technology.
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TakeMe2Space Secures Funding to Build India’s First AI-Driven Space Data Center

TakeMe2Space, an AI-driven SpaceTech startup, has raised ₹5.5 crore in a pre-seed round led by Seafund, with participation from Blume Ventures, Artha Venture Fund, and others. The company aims to shift satellite data processing from Earth to orbit, enabling real-time AI execution in space. The startup has completed two missions in partnership with ISRO’s POEM platform.
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Enterprise AI Startup Kleio Raises €3M to Transform Complex Sales Journeys

French conversational AI company Kleio has secured €3 million in Seed funding. Kleio focuses on enhancing complex sales journeys with AI-driven features such as natural language interactions, customer intent analysis, lead qualification, and sales workflow automation.
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📢 AI Continues to Dominate Investment Trends

The AI industry is evolving rapidly, with investment pouring into automation, space tech, and enterprise AI. As companies continue to push the boundaries of what AI can achieve, the competition for funding and acquisitions will only intensify. Stay tun

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