Nscale's $155M Series A, Pixxel's $24M Extension, and Citryll's €85M Series B Highlights
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Michelle
PodcastAI
PodcastAI

Nscale's $155M Series A, Pixxel's $24M Extension, and Citryll's €85M Series B Highlights

E12 • Dec 9, 2024 • 12 mins

Episode 12 covers significant Series A and B funding developments, starting with Nscale's impressive $155 million Series A round, highlighting their sustainability initiatives and insights from CEO Joshua Payne on the company's unique value and future plans. The episode also explores Nscale's global partnerships and the launch of their public cloud service. Pixxel's $24 million Series B extension is discussed, focusing on their hyperspectral satellite technology and AI-driven Earth Observation platform, Aurora. Additionally, Citryll's €85 million Series B funding is examined, including the introduction of new board members. The episode concludes with a wrap-up and follow-up information.

Key Points

  • Nscale has secured $155 million in Series A funding to expand its sustainable AI infrastructure across Europe and North America, utilizing 100% renewable energy and advanced GPU superclusters.
  • Pixxel has raised an additional $24 million in Series B funding to accelerate the deployment of its hyperspectral satellite constellation, aiming to enhance global coverage and provide actionable insights for various industries.
  • Citryll has closed an $89.8 million Series B funding round to advance the clinical development of its innovative monoclonal antibody, CIT-013, targeting neutrophil extracellular traps to treat immune-mediated inflammatory disorders.
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