Alchemist Press
Alchemist Press
Congratulations to BosonQ Psi (BQP), Alchemist Class 34, who just closed $3M+ Seed Round. BosonQ Psi is exponentially compressing product cycles by years to save $Bn for heavy-industry manufacturers by making simulations 10X faster, more accurate, & cost-effective, using quantum algorithms.
Latin America has substantial infrastructure gaps in key sectors like energy, sanitation, communication, logistics, and housing. To meet the United Nation’s Sustainable Development Goals by 2030, the continent needs to invest over $2.2 trillion in infrastructure. However, the construction sector has faced huge challenges due to a lack of coordination and transparency over supply chains, which has impacted the efficiency, capabilities, and cost of building across the region.
With the demand for sustainable aviation fuel (SAF) projected to increase tenfold by 2030, Universal Fuel Technologies (Unifuel) has successfully secured $3 million in funding for its innovative Flexiforming technology, which reduces SAF production costs by up to 50% and related carbon emissions by up to 75%. This seed round was led by TO VC and included participation from Alchemist Accelerator, Claire Technologies, and World Star Aviation. The funds will be used to advance the company’s proprietary Flexiforming process and establish a lab in Texas for producing SAF samples.
Besty AI, an AI messaging solution for short-term rentals and hotels, has announced that it has raised $1.5 million in a seed funding round to accelerate its expansion strategy.
Pitchit, a pioneer in AI-powered Lead Qualification as a Service (LQaaS), emerged from stealth to announce it has successfully closed an oversubscribed $2.5 million seed round, led by Silicon Road Ventures, with participation from Gray Ventures, Plug and Play, and Alchemist Accelerator.
Alchemist Accelerator has a new pile of AI-forward companies demoing their wares today, if you care to watch, and the program itself is making some international moves into Tokyo and Doha. Read on for our picks of the batch.
In a recent landmark deal in the tech industry, Czech investment firms Tensor Ventures and Depo Ventures have jointly announced the sale of their shares in the American-Israeli startup Neuronix AI to Microchip Technology, a tech giant with a market valuation nearing $50 billion. This acquisition underscores the critical role of advanced AI technologies in an industry driven by escalating demands for computational power.
GLASS has been chosen by the U.S. Federal Government’s General Services Administration (GSA) for a groundbreaking competitively awarded initiative.
The latest seed funding investment was led by London’s Verb Ventures and backed by the likes of Enterprise Ireland, Actium Ventures and Redbay Ventures.
The Qatar Research, Development, and Innovation (QRDI) Council is partnering with Alchemist Accelerator - a world leading venture builder focused on the development of early-stage B2B startups - to launch Alchemist Doha a first and exclusive MENA program for tech startups.
Bonfire Analytics, a platform designed to drive sales leads in health care, raised $2 million in its first round of venture funding, CEO Vinay Nagaraj tells Axios exclusively.
Today is demo day at Alchemist Accelerator, which focuses on very early stage startups from technical founders. Fifteen companies are presenting in this batch, but here are several we thought worth a closer look. Alchemist also scored an additional $2 million from Mayfield to keep investing like this, so they must be doing something right.
BeCause, a Danish startup offering the hospitality, travel, and tourism industries a sustainability data management platform, has raised $1.9 million in a seed funding round.
Construex, an Ecuador-based software-as-a-service marketplace for the construction and design industries, secured $4.6 million in seed funding. Zacua Ventures and Fifth Wall co-led the round and were joined by ABSeed and Terracotta Ventures.
Sempre Health, the leading solution for behavior-based healthcare pricing, today announced $20M in additional funding from three new investors, including Cencora Ventures and Echo Health Ventures.
This morning is Alchemist Accelerator’s demo day, and there are 22 companies making their debut across a wide range of industries. Whether you’re building a construction business, cleaning solar panels or exploring quantum computing, there’s something for you here.
After years of working for startups, including Limeade and Zephyr Health, Martin Zych came to realize that companies were lacking an automated, cloud-based way to run their books and prop up their financial models. Most were stuck with legacy tools with siloed, clunky architectures that made it impossible — or close to impossible — to measure and plan for changes in a holistic way.
Claire Technologies Corporation, a leading innovator in the field of sustainable energy solutions, is pleased to announce a strategic investment in Universal Fuel Technologies.
GLASS secures $3 million in funding from leading e-commerce and government procurement investors including New Age Capital, Newtopia VC and Alcove Capital, among others. GLASS is a Silicon Valley startup that's pioneering government e-commerce, revolutionizing a global $3.7 trillion industry.
Hardware startups are hard, the saying goes, but it isn’t always obvious why they are hard. One of the core challenges is that it has traditionally been hard to do agile hardware product development — even if you get everything “right,” how do you know that people actually want one of the 20,000 gizmos you so lovingly manufactured?