UK – Jitty, a London, UK-based provider of an AI-powered property search engine, raised $2m in pre-seed funding. The round was led by Gradient Ventures, Google’s AI fund, with participation from True., Tiny Supercomputer Investment Company, Angel Invest, Ventures Together, Mozza Angels, Unwritten Capital, Macks Managed Investments, and Sequoia Capital and Atomico scout programs, as well some angels. The company is using the funds to […]
Archivio Categoria: venture capital funding
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FRANCE – AMD (NASDAQ: AMD), acquired Mipsology, a leader in AI software and long-standing AMD partner based in Palaiseau, France. The amount of the deal was not disclosed. Mipsology’s software team has proven expertise in delivering AI software and solutions running on top of AMD adaptive computing silicon, and will join the AMD AI Group to help […]
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CANADA – Cybin Inc. (NYSE American:CYBN) (NEO:CYBN), a clinical-stage biopharmaceutical company developing new and innovative psychedelic-based treatment options, acquired Small Pharma Inc. (TSXV:DMT) (OTCQB:DMTTF), a U.K.-based biotechnology company focused on short-duration psychedelic therapies for mental health conditions. It is currently expected that the transaction will close in late October 2023.The combined company will remain headquartered […]
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INDIA – HeyoPhone, a New Delhi, India-based provider of a smart communication app, raised USD500K in funding. The round saw participation from Aakash Chaudhry, Amit Chaudhary, and Dinesh Gupta.The company intends to use the funds to expand operations and its business reach.Led by CEO Ankit Jain, HeyoPhone offers a solution for businesses to connect with […]
beeOLED, a Dresden, Germany-based deep-tech startup, raised EUR 13.3m in Series A funding. The round was co-led by eCAPITAL and Innovation Industries with participation from KBC Focus Fund, as well as existing investors M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), HTGF, TGFS, and JBN-Invest. The company intends to use the […]
series e, venture capital funding
Zepto Raises $200M in Series E Funding at $1.4 Billion Post-Money Valuation
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INDIA – Zepto, a Mumbai, India-based grocery delivery company, reportedly raised $200M in Series E funding, at a post-money valuation of $1.4 Billion. The round was led by StepStone Group, with participation from Goodwater Capital and earlier backers Glade Brook Capital, investor Lachy Groom and Nexus Venture Partners.The company intends to use the funds to expand operations and its […]
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CANADA – LemFi, a Gatineau, Canada-based provider of a fintech platform providing financial services for immigrants, raised $33M in Series A funding. The round was led by Left Lane Capital with participation from Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree.The company intends to use the funds to expand its product offering to the United States, Europe, the Middle […]
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CANADA – Mosea Technologies, a Toronto, Canada-based payment startup, raised $2.5M in Seed funding. The backers were not disclosed.The company intends to use the funds to accelerate its expansion and enable the introduction of its social payments app to new users across Canada.Led by CEO Luke de Haas, Colin Lee, and Aidan Tighe, Mosea is a […]
Schüttflix, a Gütersloh, Germany-based construction tech company, raised €45M in funding. Backers included FJ Labs, DEVK Insurance and some family offices, as well as Strabag, Hagedorn Group, and IK Umwelt. the company intends to use the funds to accelerate growth and expand operations.Led by CEO Christian Hülsewig, Schüttflix is a digital company that connects contractors, bulk materials sellers, […]
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GERMANY – Aily Labs, a Munich, Germany-based provider of an AI-powered decision intelligence app for global enterprises, raised €19M in Series A funding. The round was led by Insight Partners.The company intends to use the funds to scale operations and expand its presence in the United States while accelerating innovation in digital solutions and applied GenAI.Founded in […]