ITALY – Accenture (NYSE: ACN) has completed the acquisition of Ammagamma, a Modena, Italy-based firm that helps companies advance their uses of AI and generative AI technologies. The amount of the deal was not disclosed. The transaction is part of Accenture’s $3 billion investment to accelerate clients’ transformation through the large-scale application of AI.The acquisition of […]
Archivio Categoria: venture capital funding
Paris, France, January 30th, 2024, Chainwire With a 150k-strong community, thousands of nodes around the world, a custom consensus technology, and its native MAS token, the award-winning Massa blockchain is launching with unique features such as Autonomous Smart Contracts, enabling decentralization and resilience.Massa’s vision is to allow apps to be deployed on thousands of computers […]
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UK – Enterprise Therapeutics, a Brighton, UK-based biopharmaceutical company dedicated to the discovery and development of novel therapies for respiratory disease, raised £26M in Series B follow-on funding. The round was led by Panakes Partners. Existing investors Versant Ventures, Novartis Venture Fund, Forbion, Epidarex Capital and IP Group also participated. Alongside the financing, Dr Rob […]
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UK – HDM Solar, a Kingston-upon-Hull, UK-based wholesaler of renewable energy products, raised £10.2M in funding. The round was led by Angel Invest with participation from DF Capital.The company intends to use the funds to accelerate the rollout of a nationwide network of branches which will generate new jobs and provide local support to installers, […]
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FRANCE – Aqemia, a Paris, France-based tech-enabled drug discovery company, raised additional €30M in Series A funding. The round, which brought the total amount to €60M, was led by Wendel Growth with participation from Bpifrance Large Venture, Eurazeo, and Elaia.The company intends to use the funds to accelerate the growth of its wholly-owned pipeline of […]
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ITALY – Tau Group, a Turin, Italy-based energy transition and decarbonization technology company, raised €11M in Series-B extension funding. The round was led by DP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), with participation from from existing investors.The company intends to use the funds to align concurrent expansion of production capacity in […]
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GERMANY – Link11 Group, a Frankfurt, Germany-based provider of provider of IT security solutions, acquired Reblaze Technologies, a Tel Aviv, Israel-based provider of cloud-native web application and API protection (WAAP). The amount of the deal was not disclosed.Founded in 2011, by Eyal Hayardeny and Tzury Bar Yochay, Reblaze Technologies offers a web security solution, which includes […]
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UK – Parabellum Investments, the family office of international growth investor Rami Cassis, announced that ieDigital, its global digital banking software firm, acquired Abaka, a London, UK-based artificial intelligence-driven financial software platform. The amount of the deal was not disclosed. Abaka enables financial services institutions to use AI to market their services to consumers in […]
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UK – Mobile GIS Services, a Liverpool, UK-based provider of geospital software for utility companies, raised £600K in funding. The investor was NPIF – Mercia Equity Finance, managed by Mercia and part of the Northern Powerhouse Investment Fund.The company intends to use the funds for the development of a new system that MGISS is working […]
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UK – H.I.G. Capital, a global alternative asset investment firm, acquired DX Group, a Slough, UK-based provider of a range of specialist delivery services, for an aggregate consideration of £307M. With the acquisition, H.I.G. Capital will expand its offerings.Led by CEO Paul Ibbetson, DX is a provider of a wide range of delivery services to […]