Iceland funding

Treble Technologies is a leader in sound simulation and synthetic acoustic data generation, helping companies develop better audio-enabled systems for physical AI applications. They have raised $18M in Series A-2 funding to expand their platform, which aids in training and testing AI models for devices like wearables, robots, and autonomous vehicles. The investment will support growth in the US market and further penetration into consumer and enterprise applications.

SnerpaPower is a Reykjavik-based DeepTech company that develops AI-powered energy management software for power-intensive industries. The company aims to help these industries turn electricity into a competitive advantage by optimizing their electricity usage and managing contracts in real time. This funding will accelerate their expansion across Europe.