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BitTitan raises $15 million in Series A funding

BitTitan, a cloud services enablement company founded by former Microsoft developer Geeman Yip, has closed a $15 million round of Series A financing led by TVC Capital. The round also included participation from Tao Capital Partners, a San Francisco-based family office. Steve Hamerslag, managing partner at TVC Capital, will join its board of directors.

The funding marks the first time the company has raised any capital since its founding in 2007. BitTitan says it will use the financing to augment its MSPComplete platform with more managed services automation capabilities, and to expand into new geographic markets.

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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.