December 19, 2024
Headlines

TECHNOLOGY

Egyptian Fintech Startup Bokra Poised for MENA Expansion with Innovative Wealth Management Platform

Editor03 mins

Egyptian fintech startup Bokra is set to redefine wealth management in the MENA region with a pioneering platform offering goal-based investment and saving products backed by asset-backed securities. Founded on principles of inclusivity, transparency, and social responsibility, Bokra aims to empower individuals and SMEs by democratizing access to sophisticated financial tools. Scheduled for launch in…

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Zencity Raises $40 Million to Advance AI in Local Government Trust-Building Efforts

Editor05 mins

Zencity, a prominent community engagement platform serving the local government sector across four continents, has secured a significant $40 million investment in its Series C funding round led by StepStone Group. This latest infusion of capital, which includes participation from existing investor TLV Partners, brings the total raised by the company to $91 million and…

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Celcoin Secures US$125 Million Investment Led by Summit Partners to Drive Innovation in Brazilian Fintech

Editor05 mins

Celcoin, a pioneering force in the Banking as a Service (BaaS) sector of Brazil’s financial technology landscape, has announced a substantial milestone with the closing of a US$125 million investment round led by Summit Partners, a global growth equity firm. This funding round also includes participation from existing investor Innova Capital and financial technology executive…

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CesiumAstro Soars with $65M Funding to Pioneer Next-Gen Space Communications

Editor04 mins

CesiumAstro Inc., a trailblazer in space communications technology, has secured a significant milestone in its journey with the closing of a Series B+ funding round, amassing a formidable $65 million. Led by Trousdale Ventures and bolstered by strategic investments from Development Bank of Japan Inc. and Quanta Computer, Inc., among others, this funding round marks…

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Scoop Analytics Secures $3.5M Seed Funding to Democratize Business Analytics for Operations Teams

Editor04 mins

Scoop Analytics, a pioneering force in revolutionizing business analytics through innovative spreadsheet-powered solutions, has announced a significant milestone with the closing of a $3.5 million seed funding round. The financing, led by Ridge Ventures with participation from Industry Ventures and Engineering Capital, marks a strategic boost for Scoop as it accelerates its mission to empower…

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Bisly Secures €6.2M Series A Funding to Propel Sustainable Building Automation Innovations Across Europe

Editor04 mins

In a significant stride towards advancing sustainable building automation solutions, Tallinn-based startup Bisly has announced the successful closure of a €6.2 million Series A funding round. The funding round, was led by a consortium of visionary investors including Foxway founders Urvo Männama and Paul Padrik, alongside Aconterra, SmartCap Green Fund, Pinorena Capital, and notable angel…

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Droppe Secures €3.9M Seed Funding to Revolutionize B2B Distribution Across Europe

Editor05 mins

In a significant stride towards transforming B2B distribution across Europe, Finnish startup Droppe has announced the successful closure of a €3.9 million seed funding round. Led by esteemed early-stage venture capital firm OpenOcean, the funding round saw participation from notable figures including Miki Kuusi and Marianne Vikkula of Wolt, Ilkka Paananen of Supercell, and Robert…

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Forward Earth Secures EUR 3.2M Funding to Propel Global Expansion of AI-Powered Environmental Solutions

Editor03 mins

Forward Earth, a Berlin-based environmental software firm harnessing advanced AI technology, has successfully secured EUR 3.2 million in funding in its latest investment round. Spearheaded by prominent investors including Speedinvest, Revent, Lucid Capital, and notable figures Anna Alex and Benedikt Franke, this funding follows an initial EUR 2 million in pre-seed funding from private investors,…

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Global Payments Expands UK Footprint with Takepayments Acquisition

Editor04 mins

In a strategic move to bolster its international presence, Global Payments has finalized the acquisition of UK-based payments firm Takepayments for a reported value exceeding $250 million. This acquisition marks Global Payments’ continued commitment to expanding its reach and capabilities in the global payments landscape. Atlanta-headquartered Global Payments, a leader in payment technology and services,…

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SurrealDB Redefines Database Tech with $20 Million Boost and Surreal Cloud Launch

Editor04 mins

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…

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