Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.

Startup Cranium announced it has successfully raised $25 million, led by Telstra Ventures, bringing total funding to $32 million. Cranium offers customized software solutions to help enterprises assess AI security risks and compliance without disrupting workflows. The company's solutions include a private AI dashboard, AI connectors, and AI maturity scoring, aimed at ensuring the reliability and compliance of AI systems. Cranium plans to enhance its enterprise software platform to provide organizations with more secure and compliant solutions.