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Elementary raises $30M

Elementary, a startup working on an artificial intelligence-based platform for quality and inspection in manufacturing, has closed $30 million in a Series B funding round.

The investment was led by Tiger Global. Existing investors Threshold Ventures, Fika Ventures, Fathom Capital, Riot VC, and Toyota Ventures also participated in the Series B round.

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Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.