AI-powered language learning app, Speak, has secured $20 million in a Series B extension, doubling its valuation to $500 million. This round, led by Buckley Ventures and supported by the OpenAI Startup Fund, Khosla Ventures, Y Combinator co-founder Paul Graham, and LinkedIn executive chairman Jeff Weiner, reflects the company’s rapid growth and investor confidence. Since…
Index Ventures, a renowned global venture capital firm, has announced a landmark capital infusion of $2.3 billion across new funds, underscoring its commitment to fostering innovation and supporting visionary entrepreneurs worldwide. This investment milestone includes an $800 million venture fund and a $1.5 billion growth fund, augmenting Index Ventures’ total capital raised since inception to…
nOps, an industry-leading AWS cost optimization platform, has announced the completion of a $30 million Series A funding round. The investment, led by Headlight Partners, is set to propel nOps’ innovative approach to AWS cloud management and cost efficiency. nOps stands at the forefront of the cloud optimization sector, offering an unparalleled suite of tools…
In a significant leap toward enhancing workplace productivity, Raycast, a leading productivity software company, has successfully raised $30 million in a Series B funding round. This latest investment brings Raycast’s total funding to over $45 million, underscoring its mission to reduce context switching and optimize user focus. As the digital landscape becomes increasingly saturated with…
Trio Mobil, an innovator in AI and IoT solutions for workplace safety and efficiency, has announced a significant $26.5 million in growth financing led by NewSpring Growth. The funding round also saw participation from 212 and TIBAS Ventures. This substantial investment will propel Trio Mobil’s mission to enhance safety and operational efficiency across global industries….
In a significant move poised to revolutionize restaurant marketing, Boostly has announced the successful completion of a $5.6 million seed funding round. This investment was spearheaded by Trestle Partners and includes contributions from Relish Works, Singularity Capital, and Y Combinator. The funds are set to propel Boostly’s mission of equipping restaurants with cutting-edge tools to…
CarCloud, a pioneering UK startup dedicated to transforming car finance management, has successfully concluded its Seedrs investment round with an impressive £425,000 raised, surpassing its initial target of £325,000. This achievement has elevated the company’s post-money valuation to £6.82 million, following meticulous due diligence overseen by Seedrs. CarCloud addresses a pressing financial concern among UK…
In a bold step toward redefining global workforce operations, AI-native PEO platform Niural has raised $31 million in a Series A round to advance its mission of building an intelligent operating system for CFOs. The round was led by Marathon Management Partners, with continued support from M13, Inspired Capital, Newform Capital, and several new strategic…
In a significant boost for the clean energy sector, WATTALPS, a pioneering French lithium-ion battery startup, has successfully closed a Series A funding round, securing €11 million. This strategic investment, announced on August 27, 2024, positions WATTALPS to substantially advance its technology and expand its market reach. The funding round saw participation from a distinguished…
In an impressive move that underscores the growing significance of AI in business, Phacet, a French startup specializing in personalized artificial intelligence solutions for small and medium-sized enterprises (SMEs), has successfully raised €4 million in a Seed funding round. The investment attracted a notable consortium of 148 business angels, featuring founders and executives from prominent…
