Onit, Inc., a trailblazer in AI-driven workflow automation solutions for the legal sector, has elevated Nick Whitehouse to the role of Chief AI Officer. This strategic promotion marks a pivotal moment for Onit as it intensifies its leadership in advancing AI innovations tailored for global legal operations. In his new capacity, Nick Whitehouse assumes responsibility…
Field-sales intelligence startup Donna has raised $4.8 million in new funding to expand its AI-powered sales assistant across Europe and the United States, strengthening its position in the fast-growing field-sales enablement category. The round was led by Frontline Ventures, alongside participation from existing backers and a network of experienced angel investors. Field sales teams, despite…
Cents, a trailblazer in business management solutions for the garment care industry, has announced the closing of a $40 million Series B funding round. This new financing brings the company’s total funding to over $77 million. The round was led by Camber Creek, with substantial participation from existing investors Bessemer Venture Partners and Tiger Global,…
Lekko Technologies Inc., founded by former Uber engineer Konrad Niemiec, has officially launched from stealth mode, backed by a robust $4.5 million seed funding round led by Addition and LUX Capital, alongside BoxGroup, SV Angel, and Abstraction Capital. Angel investors including tech luminaries Thomas Chen and Julianna Lamb further underscore the company’s emergence as a…
In a significant boost for the burgeoning space technology sector, ATLAS Space Operations has successfully raised $15 million in its most recent investment round, spearheaded by NewSpace Capital. This new influx of capital is poised to support ATLAS as it continues to expand its operations and address the growing demand within the space industry. Founded…
In an industry often overlooked by the tech world, Chicago‑based CurbWaste — the “operating system for independent waste haulers” — has raised US$28 million in a Series B funding round, bringing its total capital raised to US$50 million. The round is led by Socium Ventures (backed by Cox Enterprises) with participation from Flourish Ventures, TTV Capital, B Capital Group and quantitative investor Squarepoint. Founded…
In a pivotal stride towards advancing climate resilience and infrastructure management, Berlin-based LiveEO has successfully secured €25 million in funding. This financial boost underscores their commitment to harnessing AI-powered satellite data for critical environmental insights. LiveEO specializes in harnessing high-resolution satellite imagery and cutting-edge algorithms to deliver precise and actionable information. Their technology aids infrastructure…
Latch, Inc., rebranding as DOOR, has announced its acquisition of HelloTech, Inc., a leading provider of on-demand, in-home technology support services. This strategic move marks the official launch of DOOR Services, leveraging HelloTech’s robust platform alongside technology obtained through Latch’s previous acquisition of Honest Day’s Work (HDW). DOOR Services will introduce a full suite of…
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…
In a strategic move signaling its commitment to innovation in the real estate sector, Grosvenor’s UK property business has announced its inaugural investment in noa, Europe’s largest proptech venture capital firm. Founded in 2019 and formerly known as A/O, noa is at the forefront of leveraging technology to revolutionize the built world industry, aiming to…
