INDIA – Juniper Group, a Palma de Mallorca, Spain-based company focused on acquiring, managing, and building vertical market software businesses operating in travel, aviation, banking, insurance, healthcare, public sector and oil & gas verticals, acquired Vervotech, a Pune, India-based travel tech startup. The amount of the deal was not disclosed.Vervotech’s flagship product, Vervotech Mappings, will […]
Archivio Categoria: venture capital funding
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GERMANY – leonardo, a Frankfurt, Germany-based impact measurement startup, raised €555K in Pre-Seed funding. The round was led by Beteiligungs-Managementgesellschaft Hessen (BM H) with participation from business angels. The company intends to use the funds to accelerate growth and innovation in the impact measurement field.Led by CEO Jan Moellmann, leonardo provides software thst enables organizations […]
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GERMANY – Mercanis, a Berlin, Germany-based procurement suite solution that specializes in sourcing and supplier management, raised $10M in Seed funding. The round was led by Singals.VC, DI Technology, and Speedinvest, with participation from Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana), and Victor Jacobsson.The company intends to use the funds for R&D, the AI-powered procurement platform, customer growth, and […]
Thomson Reuters Corporation (NYSE / TSX: TRI) announced today that it has closed on its previously announced acquisition of Casetext, Inc., a California-based provider of technology for legal professionals, for a purchase price of $650m in cash. The acquisition supports Thomson Reuters’ ‘build, partner and buy’ strategy to bring generative AI solutions to its customers. The company recently committed […]
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CANADA – dcbel, a Montreal, Canada-based smart home energy company, raised $50+M in Series B funding. The round saw participation from existing investors Volvo Cars, Coatue, Kevin Mahaffey and Real Ventures, Idealist Capital and Investissement Québec. Pierre Larochelle, Co-Managing Partner of Idealist Capital, will be appointed to the dcbel Board of Directors. The company intends to use […]
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CANADA – Finofo, a Calgary, Canada-based fintech company, raised CAD1.6m in pre-seed funding. The round was led by Motivate Venture with participation from SaaS Venture Capital, Desjardins Financial Holding, Sweet Spot Capital, and contributions from friends and family. The company intends to use the funds to expnd operations and its development efforts. Co-founded by Charles Maranda, […]
Generative AI Solutions Corp. (GenAI) (CSE: AICO) (OTCQB: AICOF), a Vancouver, Canada-based artificial intelligence company focused on developing a vertically integrated AI solutions business, is to acquire certain intellectual property assets of Vancouver-based Metachain Technologies, Inc. The assets include all intellectual property rights, source code, interface and other elements of a software package required to operate an artificial […]
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INDIA – Vegapay, a Gurgaon, India-based fintech provider of a digital lending and card management platform, raised $1.1M in Pre-Seed funding. The round was led by Eximius Ventures along with DSP HMK, Capri Global, Upsparks Capital, MGA Ventures, Climber Capital, Arun Venkatachalam (Murugappa Group), Pratekk Agarwaal (General Partner @ GrowthCap Ventures) and angel investors.The company intends to […]
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CANADA – Voiceflow, a Toronto, Canada-based conversational AI platform provider, raised US$15m in funding. The round was led by OpenView Venture Partners, at a valuation of $105M.The company intends to use the funds to expand operations and invest further in its end-to-end agent building and hosting capabilities. Led by CEO Braden Ream, Voiceflow aims to make […]
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MEXICO – Klar, S.A. de C.V., a Mexico City-based digital financial services platform, secured a $100m credit facility from Victory Park Capital. The financial support from VPC will enable Klar to expand product offers that provide Mexicans with enhanced access to credit cards.Led by Stefan Möller, CEO, Klar provides consumers with a credit card that offers […]