In a strategic maneuver set to redefine the corporate travel sector, TravelPerk has announced its acquisition of Chicago-based AmTrav alongside a substantial $135 million funding boost. This move not only underscores TravelPerk’s commitment to expanding its footprint in the lucrative U.S. market but also positions it as a formidable player in global travel technology. Founded…
In a significant leap forward for database innovation, SurrealDB has secured a substantial $20 million investment led by FirstMark and Georgian, with additional support from Crew Capital and Alumni Ventures. This latest funding round, building upon their initial $6 million seed investment, marks a pivotal moment for SurrealDB as it continues to disrupt the database…
Switzerland’s EthonAI has emerged as a frontrunner in the AI-driven manufacturing revolution, raising CHF 15 million ($16.5 million) in a Series A funding round led by Index Ventures, alongside General Catalyst, Earlybird, and Founderful. In a world where factories are becoming smarter through advanced technologies like sensors and robotics, EthonAI stands at the forefront, harnessing…
Wind, an innovative European venture capital firm founded by seasoned entrepreneurs Thierry Vandewalle and Xavier Gury, has unveiled a groundbreaking €130 million Article 9 fund. Surpassing initial expectations with a robust €90 million at its first closing, this fund is poised to catalyze the growth of pioneering sustainable Deeptech startups at the Seed/Series A stage….
Ramify, a cutting-edge wealth management and financial advisory platform headquartered in Paris, has announced a significant milestone with an €11 million Series A funding round. The round was led by 13books Capital, with key participation from Fidelity International Strategic Ventures and existing investors Newfund, AG2R, Crédit Agricole, and prominent business angels. This infusion of funds…
FINBOURNE Technology has secured a significant milestone with a €65 million Series B funding round led by Highland Europe and AVP, underscoring its pivotal role in revolutionizing investment management solutions worldwide. Following on from a successful £15 million Series A round in 2021, this latest infusion of capital will propel FINBOURNE into its next phase…
Finaloop Raises $35 Million in Series A Funding to Revolutionize Ecommerce Accounting with AI Finaloop, an AI-driven accounting platform catering to ecommerce, has secured $35 million in its Series A funding round, setting its sights on transforming financial management for online businesses. The round was led by Lightspeed Venture Partners, with participation from new investors…
In a significant boost for European tech innovation, Spanish venture capital firm Kfund has secured a substantial $75 million investment fund dedicated to advancing transformative AI and data projects. The announcement, unveiled Monday, underscores Kfund’s pivotal role in nurturing groundbreaking initiatives across the continent. Focused on “foundational technologies,” including data-centric innovations and robust platform solutions,…
In a groundbreaking development within Ethiopia’s telecommunications landscape, Woda CEO Steven Cui proudly heralds the company as the premier local provider of telecom towers to Safaricom Ethiopia. With an unwavering commitment to upholding unparalleled standards of reliability and service quality, Woda exemplifies its dedication to fostering robust connectivity infrastructures. Safaricom Ethiopia’s recent announcement regarding network…
Within the labyrinthine corridors of the Middle East’s entrepreneurial landscape, a resplendent tapestry of innovation and investment unfolds, illuminating a path of boundless potential and transformative growth. Against the backdrop of a region teeming with economic dynamism, startups across diverse sectors are carving out their niches, propelled by a symphony of strategic funding initiatives and…
