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AmpMe Raises $8M

Montreal, Canada-based app company AmpMe has received $8 million in Series A funding. The round was led by Relay Ventures, with participation from Investissement Québec, Slaight Music, OMERS Ventures, Townsgate Media, Anges Québec Capital, and Real Ventures.

The latest investment brings the total funds raised by AmpMe to $10 million. Angel investors include Nathalie Marcoux, Etienne Veilleux, Martin Ouellet, Pierre Fleurent, Mark Britto, Dan Robichaud, Mike Cegelski, Richard Speer, as well as AmpMe CEO and founder Martin-Luc Archambault.

The AmpMe app lets users play music in sync across multiple devices.

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.