UK edtech company SAM Labs raises £5.1 million in funding

SAM Labs, an edtech company based in London, has raised £5.1 million in a Series A round led by Touchstone Innovations and E15 Ventures. The company builds tools for teaching computing and STEAM (science, technology, engineering, the arts and mathematics) and will use the funds for further product development. The edtech market is tipped to […]

Travel marketplace Triple raises $500,000 from former Spotify execs

Swedish travel tech startup Triple has raised $500,000 from former Spotify CTO Andreas Ehn, former European CEO of Spotify Jonathan Forster, and Wrapp cofounder Lisa Enckell. Triple is a marketplace for travellers to book activities in new destinations and for locals to host events for visitors. It was launched in May of this year in […]

Haptics startup Lofelt raises $5.4 million in Series A round

Berlin’s Lofelt has raised $5.4 million in Series A funding led by Wolfman.One with participation from Horizons Ventures, Q Venture Partners, and coparion. Lofelt develops haptic solutions allowing people ‘feel’ the interfaces on their devices. It has built its own hardware, called the Basslet, which delivers bass sensations to the arm. The new funds will […]

Octoly raises $10 million for its social media influencer marketplace

Social media influencer marketplace Octoly has raised $10 million from Havas Group, Otium Venture, Twin Partners, and EU’s Horizon 2020 SME Instrument. The Octoly platform connects female social media influencers with beauty, fashion, and lifestyle brands looking for marketing opportunities where influencers browse products that they are willing to create content for. It has also […]

Paris-based machine learning startup Prevision.io raises €1.5 million

French machine learning startup Prevision.io has raised €1.5 million in a round led by French national railway service SNCF through its €30 million SNCF Digital Ventures fund. The rail company’s fund is managed by VC firm Hi Inov. Bpifrance, the government-backed investment firm, and Net Venture also participated in the round. Prevision.io develops SaaS-based and […]

UK machine intelligence firm Graphcore raises $50 million from Sequoia Capital

Graphcore, based in Bristol, has raised $50 million led by Sequoia Capital to accelerate the release of its Intelligence Processing Unit products next year. The funds will be invested in boosting production, growing its US office for customer support, and building a community of developers for the platform. According to Graphcore, its IPU can maker […]

Retail platform Trouva raises $10 million in Series A round

Trouva, an online marketplace for small retailers, has raised $10 million led by BGF Ventures with participation from Octopus Investments, LocalGlobe’s Robin Klein, Playfair Capital, and Downing Ventures. London-based Trouva is a shopping platform for traditional independent brick and mortar stores to offer click and collect and online shopping services. It currently operates in the […]