FRANCE – Hugging Face, a NYC and Paris, France-based open-source AI platform, raised $235M in series D funding, which brought its valuation to $4.5 billion. The round was led by Salesforce Ventures, with participation from Amazon, Google, Nvidia, IBM, Intel, AMD, Qualcomm, and Sound Ventures. The company intends to use the funds to further accelerate technology innovation. […]
Archivio Categoria: venture capital funding
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FRANCE – Paris and Brussels listed Engie acquired Broad Reach Power, a company specialized in battery storage and based in Houston (TX), from private equity funds EnCap and Apollo. The amount of the deal was not disclosed. The completion of the transaction is expected by Q4 2023, subject to the fulfilment of certain approvals from […]
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GERMANY – Holy, a Berlin, Germany-based direct-to-consumer brand offering a health alternative to regular soft drinks, raised €10.5M in Series A funding. The round, which brought the total amount to €12.3M, was led by Left Lane Capital, with participation from FoodLabs, Simon Capital, V3 Ventures, Bela Seebach, Benjamin Kremer and Noel Bollmann, and the venture arm of Hamburg-based […]
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GERMANY – auxmoney, a Düsseldorf, Germany-based digital lending platform for consumer credit in Europe, completed the acquisition of the majority share in the Dutch consumer credit marketplace Lender & Spender. With this deal, auxmoney builds upon its continued organic growth over the past years and expands its international reach as well as its product range. […]
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CANADA – OpenText (NASDAQ: OTEX), (TSX: OTEX), a Waterloo, Canada-based information company, acquired KineMatik, a Cork, Ireland-based provider of workflow automation, document change control, project management and electronic lab notebook (ELN) solutions. The amount of the deal was not disclosed.With the acquisition, OpenText will expand its offerings. The purchase is not material to OpenText financial results.KineMatik […]
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CANADA – Blanka, a Vancouver, Canada-based provider of a private label beauty and wellness platform, raised US$2M in Seed funding. The round was led by Dundee Venture Capital, with participation from Storytime Capital, Disruption Ventures and other investors including Fatima Yusuf, and Manica Blain.The company intends to use the funds to accelerate entirely by organic […]
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INDIA – Kombai, a Pune, India-based startup advancing frontend devtools, raised $4.5m in seed funding. The round was led by Stellaris Venture Partners and Foundation Capital with participation from several angels.The company intends to use the funds to expand its team and its research and development efforts. Led by CTO Abhijit Bhole and CEO Dipanjan […]
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INDIA – Wootz.work, an Indian startup that has developed a sourcing platform for custom engineering equipment and solutions, raised approx. $3.5m in seed funding. The round was led by Matrix Partners India and Nexus Venture Partners with participation from AdvantEdge and Mars Shot Ventures, as well as several angels including Ramakant Sharma, Sanjiv Rangrass, Vikrampati […]
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GERMANY – Accure Battery Intelligence, an Aachen, Germany-based provider of predictive analytics software to ensure battery safety, performance and extended life for energy storage, electric vehicles, and other applications, raised €7.2M in funding. The round was led by Blue Bear Capital and HSBC Asset Management, and included Riverstone Ventures and Capnamic Ventures. The company intends […]
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CANADA – Magnet Forensics, a Waterloo, Ontario, Canada-based developer of digital investigation solutions, acquired Griffeye, a Göteborg, Sweden-based company which specializes in digital media forensics for child sexual abuse investigations. The amount of the deal was not disclosed.With the acquisition, Magnet Forensics will help in addressing crimes in a timely and accurate manner for users […]