In a significant development for the world of supply chain management, Prewave, the pioneering AI-driven sustainability and compliance platform, has successfully raised €63 million in its Series B funding round. This latest infusion of capital, led by Hedosophia and supported by prominent investors including Creandum and Ventech, propels Prewave’s total funding to over €90 million,…
Permia Sensing, an innovative agritech startup and spinout from Imperial College London, has successfully secured £150,000 in funding from the British Design Fund. This investment will accelerate the deployment of Permia Sensing’s cutting-edge precision farming technologies, which leverage IoT, AI, sensors, and robotics to transform palm plantation management. Permia Sensing is at the forefront of…
In a groundbreaking move for the tech startup scene, Berlin-based mika has successfully raised €800k in pre-seed funding to bolster its mission of simplifying accounting and tax obligations for small and medium enterprises (SMEs). Led by the strategic alliance Samen Slimmer, comprising Keen Venture Partners, DFF, and Slimmer AI, this investment marks a pivotal moment…
Bee Maps, powered by Hivemapper, has announced a significant $32 million funding round led by Pantera Capital, with participation from LDA Capital, Borderless Capital, and Ajna Capital. This investment underscores strong market confidence in Bee Maps’ mission to revolutionize geospatial data through its pioneering decentralized AI mapping platform. In an era where real-time, hyper-accurate maps…
Oxylus Energy, an innovative player in the clean energy sector, has successfully closed a $4.5 million Series Seed funding round. The investment, co-led by Toyota Ventures and Azolla Ventures, with additional support from Earth Foundry and Connecticut Innovations, marks a significant milestone in the company’s mission to advance green methanol technology. Oxylus Energy is pioneering…
In a significant move bolstering its commitment to advancing science-driven solutions, Freeflow Ventures has announced the successful raise of $90 million in funding. This includes $50 million from its Fund Two and Opportunity Fund, complementing its existing $25 million Fund One and Special Purpose Vehicles (SPVs). Amidst a challenging venture capital landscape, Freeflow’s doubled fundraising…
Mundi Ventures has announced the successful closure of a €25 million investment round, led by the Agencia Española de Cooperación Internacional para el Desarrollo (AECID). This substantial funding will be channeled into insurtech startups and related sectors aimed at enhancing and digitalizing the insurance landscape in Latin America. AECID, a key entity within the Spanish…
Qubit Capital, a pioneering force in AI-driven matchmaking for startups and investors, has achieved a major milestone in the venture capital sector. Since its launch in 2020, the platform has facilitated an impressive $215 million in funding across more than 64 startups, revolutionizing how early-stage ventures secure crucial investment. In the second quarter of 2024,…
Ubie, founded in 2017, has announced it has now secured over $125 million in cumulative funding, as it accelerates its expansion into the U.S. with generative AI and provider-focused solutions. The milestone builds upon the company’s previous $26.2M Series C, bringing total backing to more than $59.8M since the previous raise in August 2022. Led…
In a vote of confidence for embedded insurance’s growing role in European fintech, Stockholm-based Eir Insurance has secured €20 million in growth capital. The round was led by Endeit Capital, an Amsterdam-based investment firm focused on scaling European tech ventures, with participation from select family offices and existing shareholders. Eir Insurance operates with a B2B2X…
