Magfi, an innovative SaaS platform specializing in simultaneous advertising across Telegram and Discord communities, has raised $1.1 million in its Seed funding round. The investment, led by Eleven Ventures, a prominent Bulgarian VC known for its support of unicorns like Payhawk, will accelerate Magfi’s growth and market expansion. Svetozar Georgiev from Eleven Ventures will join…
In a significant advancement for personalized technology, startup Convergence has successfully raised $12 million in Pre-Seed funding to launch its innovative AI agent, Proxy. Founded in April 2024 by seasoned machine learning engineers Marvin Purtorab and Andy Toulis, the company aims to transform the way individuals and businesses approach daily tasks, from managing work responsibilities…
Revefi has announced a significant milestone with the completion of a $20 million Series A financing round. The funding, spearheaded by Icon Ventures and supported by Mayfield, GTM Capital, and StepStone Group, will drive the launch of Raden, an innovative AI data engineer poised to transform data management. Raden, the world’s first AI data engineer…
In an exciting development for the data analysis landscape, Antwerp-based startup Marple has successfully secured a new round of investment aimed at scaling its innovative platform tailored for engineers. Founded by former Formula 1 engineer Matthias Baert and his colleague Nero Vanbiervliet, Marple addresses a critical gap in the analysis of large time series datasets,…
Ciphix, a Rotterdam-based hyperautomation specialist, has solidified its position as a key player in Europe’s tech landscape with the acquisition of Bizzomate, a leading provider of low-code software solutions based in Limburg. This strategic move underscores Ciphix’s ambition to lead the hyperautomation sector across the continent. Koen Mallee, CEO of Ciphix, highlighted the significance of…
Tree.ly, a pioneering carbon offset startup, has successfully raised €5 million in Seed funding to bolster its efforts in developing and managing forest climate protection projects across Europe. This investment underscores Tree.ly’s commitment to combating climate change through innovative, scientifically-backed initiatives that harness the natural potential of local forests. Founded with a vision to bridge…
Switzerland’s EthonAI has emerged as a frontrunner in the AI-driven manufacturing revolution, raising CHF 15 million ($16.5 million) in a Series A funding round led by Index Ventures, alongside General Catalyst, Earlybird, and Founderful. In a world where factories are becoming smarter through advanced technologies like sensors and robotics, EthonAI stands at the forefront, harnessing…
In a striking testament to its ascent, Texas-based NinjaOne, a trailblazer in automated IT management, has clinched $500 million in fresh financing, announced today, catapulting its valuation to an impressive $5 billion. This Series C extension, led by Iconiq Growth and CapitalG—the independent investment arm of Alphabet—builds on a $231.5 million raise just a year…
In a landmark moment for medical innovation, OrganOx, a trailblazer in organ preservation technology, has secured a staggering $142 million in equity financing to propel its mission of transforming transplant care. Announced today, this funding round—led by HealthQuest Capital and supported by an elite roster of investors including BGF, Lauxera Capital Partners, Sofina, Soleus Capital,…
opus1.io, a leading provider of end-to-end practice management solutions for lesson and class-based performing arts businesses, announced a significant strategic investment from Five Elms Capital. This funding infusion underscores Five Elms Capital’s confidence in opus1.io’s transformative platform, designed to streamline operations and foster growth within the performing arts sector. Founded by Sam Lellouche, a seasoned…
