Formic, a trailblazer in Robotics-as-a-Service (RaaS) for American manufacturers, has announced a substantial boost with a $27.4 million infusion in Series A funding, led by Blackhorn Ventures. This latest round, which brings Formic’s total Series A funding to over $52 million since January 2022, marks a pivotal moment in the company’s mission to revolutionize automation…
TechWolf, the Belgian innovator at the forefront of AI-powered talent management, has successfully concluded a Series B funding round, raising an impressive $42.75 million. This funding marks a pivotal moment for the company as it embarks on expanding its AI infrastructure dedicated to revolutionizing employee skills management. Founded in 2018 by Andreas De Neve, Jeroen…
Dynelectro, a pioneering Danish cleantech firm specializing in sustainable energy solutions, has successfully raised €11 million in a recent investment round aimed at propelling its Dynamic Electrolyser Unit (DEU) technology to new heights within the green hydrogen sector. This funding initiative, led by the European Investment Bank (EIB) and Denmark’s Export & Import Fund Organisation…
Zencity, a prominent community engagement platform serving the local government sector across four continents, has secured a significant $40 million investment in its Series C funding round led by StepStone Group. This latest infusion of capital, which includes participation from existing investor TLV Partners, brings the total raised by the company to $91 million and…
Nium, a global leader in real-time cross-border payments, has secured a spot on CNBC’s esteemed ‘World’s Top Fintech Companies 2024’ list. This accolade celebrates Nium’s pivotal role in revolutionizing global financial transactions, underlined by a year of exceptional growth marked by new global licenses, significant funding, and a burgeoning client base. The global landscape of…
Neuron7.ai, a trailblazer in Service Resolution Intelligence, has successfully secured $44 million in Series B funding led by Smith Point Capital, founded by former Salesforce Co-CEO Keith Block. This financing round also saw participation from existing investors Nexus Venture Partners and Battery Ventures, raising the total capital raised to over $63 million. The impressive growth…
Spanish startup Citibox has successfully raised €80 million in debt funding, led by Growth Credit Partners (London) and CoVenture (New York), marking a significant milestone in its mission to expand its network of smart mailboxes throughout Spain. Founded in 2016, Citibox specializes in smart mailbox solutions installed within residential buildings, ensuring successful postal deliveries and…
SoundHound, a leading voice artificial intelligence company, has announced its acquisition of Allset, a Los Angeles-based online ordering platform founded by Ukrainians Stas Matviyenko and Anna Polishchuk. This strategic move is set to bolster SoundHound’s capabilities in the restaurant sector, enhancing its commitment to innovation and voice commerce. Founded in 2015, Allset has established itself…
Italian traveltech startup Mapo Tapo has successfully raised €1.15 million in Seed funding, a significant milestone that promises to propel its innovative outdoor adventure booking platform into new heights. Established in late 2020, Mapo Tapo has carved a niche for itself by enabling outdoor sports enthusiasts to book adventures with certified guides while also connecting…
Adam, the Czech-based home improvement platform known for simplifying the process of hiring tradespeople, has announced a successful fundraising round of €3 million. The investment, led by European edtech VC Brighteye, aims to propel Adam’s expansion beyond Europe and into new realms of construction trades. Since its inception, Adam has streamlined the home renovation experience…
