Paris-based VC Cathay Innovation has closed a €1 billion fund to support AI startups across Europe, the US, and Asia.
Masia plans to deploy capital across 60 pre-seed and seed-stage investments to support Barcelona’s tech talent and connect founders with European investors.
The fund, targeting €125 million, aims to invest 20 to 25 early-stage startups developing dual-use technologies across European NATO countries.
The firm has raised €2 million in funding to strengthen its operational structure and expand its technical team.
The capital will fuel Grammarly's efforts in sales, marketing, strategic acquisitions, and product development.
The startup has secured €1 million in funding, led by Volve Capital, with participation from the Rockstart Energy Fund and INH.