AIStartups

French Sales Platform lemlist Acquires AI Startup Claap to Enhance Sales Intelligence

In a significant consolidation within Europe’s AI sales technology sector, sales engagement platform lemlist has acquired fellow Parisian startup Claap. The acquisition reportedly brings together complementary technologies to create smarter, more personalized sales processes through AI-driven insights.

Strategic Acquisition in European AI Sales Technology

Sales engagement platform lemlist has acquired fellow Parisian AI platform Claap in a move that sources indicate will transform how sales teams leverage artificial intelligence technology. According to reports, the self-funded acquisition brings together two complementary technologies aimed at making sales processes more productive and personalized through advanced AI capabilities.

SemiconductorsStartups

Vertical Semiconductor Secures $11M Seed Funding for GaN Power Transistor Development

Chip startup Vertical Semiconductor has secured $11 million in seed funding to advance its vertical GaN transistor technology. The MIT spin-out claims its approach could solve critical power delivery bottlenecks in AI hardware. Early device sampling is planned for late 2025.

Funding Round and Investors

Chip startup Vertical Semiconductor has reportedly raised $11 million in seed funding to accelerate development of its vertical gallium nitride transistors, according to recent reports. The funding round was led by Playground Global with participation from JIMCO Technology Ventures, Milemarker Capital, and Shin-Etsu Chemical, a major semiconductor materials supplier.

BusinessStartups

Chess.com Founders Overcame Investor Skepticism to Build 225-Million-User Platform, Report Reveals

** Sources indicate that Chess.com’s founders faced widespread skepticism from investors and the chess community when launching their platform. According to reports, they bootstrapped the business instead, which has since grown into one of the world’s largest online chess platforms with a valuation reportedly exceeding $1 billion. **CONTENT:**

The Underdog Story of Chess.com’s Rise