German software developer Silexica has just raised $18 million in a Series B round led by EQT Ventures. Existing investors Merus Capital, Paua Ventures, Seed Fonds Aachen, and DSA invest also participated in the round. The company previously raised $8 million in a Series A round in November 2016. Founded in 2014, Silexica develops SLX […]
Berlin-based startup Blinkist, which squeezes non-fiction books into 15-minute audio and text-based digests, has raised $18.8 million in a funding round led by Insight Venture Partners. The company will use the money to expand its team and introduce support for new languages for its app in addition to English and German. Founded in 2012, Blinkist […]
Oslo-based Neptune Software has raised €7.5 million for its enterprise application platform through a partnership with with Standout Capital. The funding will be used to accelerate the company’s international expansion beyond SAP applications. Neptune Software was founded in 2011, and offers a low-code development platform to rapidly create and manage enterprise applications in the SAP […]
London-based MyTutor, a platform that matches school pupils to university students for one-on-one tuition, has raised a £5 million funding round led by Mobeus Equity Partners, with participation from its existing angel investors, including Thomas Hoegh (Arts Alliance), Clive Cowdery (Resolution), and Stephen Welton (BGF). This funding round brings the total amount secured by the […]
German customisable furniture e-commerce startup MYCS has landed a €10 million Series B funding round led by Beringea, with participation from Zimmerman Investments and existing shareholders. The unique selling point of MYCS is that it’s offering a reasonably wide variety of customisation options for its wardrobes, sofas, shelving, tables, and chairs while keeping them within […]
Sweden-based startup Virtusize that has created a clothes-fitting solution for e-commerce websites, has been bought for €11 million by a group of Japanese investors, including Yahoo Japan Capital, Ideos Venture Cap fund, D4V, and a textile giant Toyoshima. The buyers will also invest an additional €700,000 in the company. Founded in 2011, Virtusize has raised […]
San Francisco-based mobile marketing startup Leanplum has acquired the Bulgarian startup Connecto, which creates AI-based conversational interfaces. Leanplum will use the acquisition and Connecto’s technology to enable brands to engage their customers in real-time, and to fuel innovation in AI, machine learning, natural language processing, and advanced algorithms across the its platform. Using Connecto’s conversational […]