UK – Quell, a London, UK-based fitness gaming developer, raised $10M in Series A funding. The round, which brought total financing to $15.6M, was led by Tencent participation from Khosla Ventures, Heartcore Capital, Social Impact Capital and Naval Ravikant. The company intends to use the funds to upsize its launch game, Shardfall, and continue to […]
Archivio Categoria: venture capital funding
Carbon Maps, a Paris, France-based climate tech startup, raised €4M in Pre-Seed funding. The round was led by Breega and Samaipata.The company intends to use the funds to further develop its platform’s features and models, hire approximately 15 new people, and expand its services to other EU countries. Founded by Patrick Asdaghi (CEO), Jérémie Wainstain, and […]
20
Feb
Feb
INDIA – PhonePe, a Bengaluru, India-based provider of fintech payment platforms, raised an additional $100M in funding, at a $12 Billion valuation. In January the company announced a $350m round led by General Atlantic with participation from Marquee Global and Indian investors. Some days ago, Ribbit Capital, Tiger Global and TVS Capital, added a $100M […]
19
Feb
Feb
UK – Skin + Me, a London, UK-based skincare company, reportedly raised over €11m in Series B funding. The round was led by Octopus Ventures. The company intends to use the funds to expand operations and business reach.Led by Horatio Cary, Founder & CEO, Skin + Me provides an online dermatology/skincare consultation service for customers […]
17
Feb
Feb
GERMANY – Kern AI, an Eichwalde, Brandenburg, Germany-based developer of an open-source platform to for data scientists to scale, assess and maintain natural language data, raised €2.7m in seed funding. The round was co-led by Seedcamp and Faber, with participation from Xdeck and Another.vc. The company intends to use the funds to expand operations and its development efforts. Led by Johannes […]
17
Feb
Feb
CANADA – Xaba, a Toronto, Canada-based developer of an AI-driven robotics and CNC machine controller, raised a Seed funding of undisclosed amount. The round was led by Hazelview Ventures with participation from Whiteshell Group, Inc. The company intends to use the funds to accelerate the development of its manufacturing platforms, launch pilot programs, and grow […]
Accenture (NYSE: ACN) has completed its acquisition of SKS Group, a Hochheim, Germany-based consulting firm that helps banks modernize their technology infrastructure and address regulatory requirements using SAP S/4HANA® solutions. Financial terms of the transaction, previously announced on January 10, were not disclosed.The acquisition further expands Accenture’s technology, consulting and regulatory services capabilities, while enhancing its ability to […]
17
Feb
Feb
UK – Blend360, a Columbia, MD-based provider of data, analytics and talent solutions for Fortune 500 companies, acquired Forth Point, a data business focused on Data Engineering, AI and ML solutions based in Edinburgh, Scotland, UK. The amount of the deal was not disclosed.With the acquisition, Blend360 will further strengthen its global data capability and expand […]
17
Feb
Feb
UK – Nefta, a London, UK-based provider of a Web3 technology platform, raised $5M in Seed funding. The round was led by Play Ventures with participation from SevenX Ventures, Sfermion, MZ, Polygon Ventures, and reinvestment from Picus Capital. The company intends to use the funds to expand its operations across the gaming, Web3 and AdTech […]
17
Feb
Feb
UK – Dronamics, a London, UK- based cargo drone airline with license to operate in Europe, raised a total of $40m in pre-Series A funding. Backers included Founders Factory, Speedinvest, Eleven Capital, and the Strategic Development Fund (SDF), the investment arm of the Tawazun Council, Abu Dhabi, United Arab Emirates. Led by Svilen Rangelov, co-Founder […]