Retail-automation startup Duvo.ai has raised $15 million in seed financing to scale its AI-powered operational workforce, a system designed to automate workflows across SAP, legacy portals, email, spreadsheets and even phone calls — cutting manual tasks for retailers by up to 40% within weeks. The investment was led by Index Ventures, with participation from Credo…
In the evolving landscape of sales and customer service, where artificial intelligence increasingly reshapes human interactions, one startup is gaining decisive momentum. Second Nature, a dynamic AI-powered training platform, has secured $22 million in a Series B funding round, signaling strong investor confidence in its vision to revolutionize how sales and service teams prepare for…
A Milan-based robotics startup thinks it has found the missing link between artificial intelligence and physical automation. Cyberwave, founded by Simone Di Somma and Vittorio Banfi — both with Silicon Valley pedigrees — has raised €7 million in seed funding to build what it calls the “operating system” for intelligent machines. At the surface, it…
In a significant stride towards enhancing disaster claims processing, Austrian startup DeepOpinion has successfully raised €11 million in a Series A funding round. Specializing in enterprise-level process automation, DeepOpinion harnesses advanced AI technology to tackle the complexities of knowledge-intensive tasks within business operations. Recent natural disasters, particularly floods in Austria, have illuminated the urgent challenges…
Steerlab, a Paris-based AI startup, has successfully raised €1.7 million in a pre-seed funding round, positioning itself to revolutionize the sales workflow automation landscape. The investment underscores a robust commitment to developing an advanced AI platform aimed at automating responses to Requests For Proposals (RFPs) and security questionnaires. This platform promises to enhance efficiency for…
Approveit, a dynamic operations and automation platform for businesses, has successfully raised $1 million in its latest funding round. The investment was led by 10vc, Verras Capital, and Telegraph Hills Capital, among other prominent partners and angel investors. The company’s platform integrates seamlessly with existing business systems to streamline financial processes, auditing, and reporting, aiming…
Katara, the innovative platform at the forefront of AI-driven workflow automation, has announced a remarkable $2.2 million in seed funding. The round, spearheaded by Diagram Ventures and Sparkle Ventures, with additional support from StreamingFast and key angel investors, brings the company’s total funding to $2.6 million when including its pre-seed round. The funds will be…
OnRamp Technology Inc., a trailblazer in automating B2B customer onboarding processes, announced a significant funding milestone with $14.2 million secured across seed and Series A rounds. Javelin Venture Partners led the Series A funding, while Contour Venture Partners led the seed round. Noteworthy investors include Pear VC, Quiet Capital, Correlation Ventures, Frontier Ventures, J Ventures,…
In a significant development poised to reshape the landscape of warehouse automation, VersaTile Automation has secured £8 million in seed investment from Tharsus Group. Led by a team renowned for pioneering automation solutions across industries, including Rolls Royce and Ocado, VersaTile is set to revolutionize UK warehouses with its innovative modular automation system. VersaTile’s groundbreaking…
Formic, a trailblazer in Robotics-as-a-Service (RaaS) for American manufacturers, has announced a substantial boost with a $27.4 million infusion in Series A funding, led by Blackhorn Ventures. This latest round, which brings Formic’s total Series A funding to over $52 million since January 2022, marks a pivotal moment in the company’s mission to revolutionize automation…
