Avassa Secures Strategic Investment from H&M Group, Paving the Way for Edge Computing Innovation in Retail
Avassa, a pioneering Swedish edge application management and operations platform provider, has successfully closed a…
Rogo Secures $18.5M Series A Funding to Revolutionize Financial Analysis with AI
In a landmark move for the financial technology landscape, Rogo, a pioneering secure enterprise AI platform tailored for finance professionals, has successfully closed an $18.5 million Series A funding round. This round, spearheaded by Khosla Ventures, also saw participation from notable investors including Mantis VC, Jack Altman (CEO of Lattice and founder of Altman Capital),…
Avassa Secures Strategic Investment from H&M Group, Paving the Way for Edge Computing Innovation in Retail
Avassa, a pioneering Swedish edge application management and operations platform provider, has successfully closed a new investment round, welcoming H&M Group as a strategic investor. This collaboration aims to modernize IT operations in brick-and-mortar stores, marking a significant step in the retail sector’s evolution. The advent of edge computing is transforming enterprises by enabling data…
xtype Secures $21 Million to Transform Multi-Instance Management for ServiceNow, Empowering Enterprises Globally
In a significant leap for enterprise technology, xtype has announced the successful completion of a $21 million Series A funding round. The investment, led by Norwest Venture Partners and supported by ServiceNow Ventures, along with returning investors Columbia Capital and Inner Loop Capital, highlights the increasing confidence in xtype’s innovative solutions tailored for the ServiceNow…
Eon Unveils Innovative Cloud Backup Solution with $127 Million Funding Round
In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…
Paris-Based Formality Secures €8 Million to Revolutionize Contract Management
In a significant advancement for the realm of contract management, Formality, a Paris-based platform specializing in intelligent contract management for clients and suppliers, has announced the successful raising of €8 million in its initial funding round. This round was spearheaded by prominent venture capital firms Partech and Serena, alongside an investment of €2.4 million from…
Amsterdam’s Plumery Secures €3 Million to Elevate Digital Banking Experience
In a significant boost for the fintech landscape, Amsterdam-based Plumery has successfully raised €3 million in a funding round led by early-stage investor DN Capital and Fontes, managed by the renowned global venture capital firm QED Investors. This latest influx of capital brings Plumery’s total funding to €7 million, positioning the company for an anticipated…
DinMo Secures €5 Million to Enhance Composable Customer Data Platform
In a significant move poised to reshape the landscape of customer data management, DinMo, a Paris-based Data Activation company, has successfully raised €5 million in funding. This investment will accelerate the development of its innovative Composable Customer Data Platform (CDP), aimed specifically at empowering mid-market businesses to leverage their customer data without the need for…
Czech Digital Factory PARTORY Secures €1.25 Million for Global Growth
In a significant boost for the Czech engineering sector, digital factory PARTORY has successfully secured an investment of €1.25 million from Jet Investment as part of its mission to enhance procurement efficiency and digitize supply chains for engineering and manufacturing firms. This funding will support the development of PARTORY’s software platform and facilitate its expansion…
Sort A Brick Secures €1.15M to Expand AI-Powered LEGO Sorting Service
In an exciting development for eco-conscious families and LEGO enthusiasts alike, Sort A Brick, a Lithuanian startup, has successfully raised €1.15 million to enhance its innovative AI-driven LEGO brick sorting service. With plans to launch operations in Germany by 2025, the company aims to revolutionize how families reuse their old LEGO collections while contributing to…
Legaltech Innovator Fynk Secures $3.5M to Revolutionize Contract Management
In a significant stride for the legaltech landscape, Fynk, a pioneering startup, has successfully raised $3.5 million to enhance its AI-driven contract management solutions. This funding round arrives just four months post its public debut in May 2024, following an initial pre-seed investment of $1.5 million. Founded by seasoned entrepreneurs Constantin Wintoniak, Dominik Hackl, and…
