Loop AI and Neverinstall Secure Funding; Japan's Horiba Group Acquires Indian Deeptech Startup
Loop AI has secured $14 million in a Series A funding round led by Nyca Partners to enhance its AI-driven platform for the restaurant and retail sectors. Meanwhile, Neverinstall raised an undisclosed amount in seed funding to advance its deep-tech infrastructure, and Japan's HORIBA Group fully acquired Indian startup Pristine Deeptech, which specializes in lab-grown diamonds for semiconductor and quantum research.
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Loop AI has raised $14 million in a Series A round led by Nyca Partners to expand its AI-powered platform for restaurants and retail. The funding will be used to enhance its product suite and workforce across New York, San Francisco, Tampa, and Bengaluru.
Neverinstall secured an undisclosed amount in a seed round from Equirus InnovateX Fund to develop deep-tech infrastructure and enterprise security. This includes advancing its Hyper-Converged Infrastructure platform.
Material science company Regeno received an undisclosed investment from Yohan and Michelle Poonawalla for biodegradable packaging solutions. Cava Athleisure raised $4.4 million in a Series A round to support product innovation and marketing. Additionally, HORIBA India Pvt Ltd, a subsidiary of Japan's HORIBA Group, has fully acquired Pristine Deeptech Pvt Ltd, which focuses on lab-grown diamonds for semiconductor and quantum research.
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