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…

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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…

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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…

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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…

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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…

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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…

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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…

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Celebrating Women Leaders: An Invitation to Nominate for The Global She

At The Times Magazine, we are thrilled to announce an exciting new initiative that aims to honor and celebrate the exceptional achievements of women leaders from around the globe. Our special feature, “The Global She,” will spotlight outstanding women across various sectors, recognizing their contributions to business, technology, and society as a whole. This is…

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Syte Secures €5 Million Investment to Revolutionize Real Estate with AI and Sustainability Solutions

In a significant boost for the digital transformation of the real estate sector, syte, a Münster-based startup, has successfully raised approximately €5 million in a seed funding round. This investment, led by firms associated with the Schwarz Group, alongside contributions from Vantage Value, CVC vent.io, and existing investors including High-Tech Gründerfonds, aims to accelerate the…

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Foodforecast Secures €3 Million to Revolutionize Food Supply Chain Efficiency

Foodforecast, a Cologne-based AI startup dedicated to the food retail sector, has successfully raised over €3 million in funding. This investment round, led by Scalehouse Capital and Future Food Fund II, also saw participation from existing investors including Blue Horizon Ventures and Aeronaut Invest, along with several strategic contributors. The capital will be utilized to…

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