Hardware startup GemmaCert raises $2.25 million to take advantage of cannabis legalisation

Israel’s GemmaCert, a startup developing a device for cannabis analysis, has raised $2.25 million in funding from NEO Ventures, Stony Hill, and Arba Finance. GemmaCert’s first device, according to the company, makes it easier for anyone to quickly analyse samples of cannabis. “GemmaCert helps overcome the current challenges posed by the heterogenous cannabis flower, paving […]

German commerce tech startup Spryker raises $22 million in new funding

Spryker Systems, developer of a commerce-focused operating system, has raised $22 million led by One Peak Partners with participation from Project A. The Hamburg/Berlin-based company builds the Spryker Commerce OS, a platform for B2B and B2C companies to develop user interfaces on mobile, voice, and IoT to better reach customers. Spryker will be investing the […]

Finland’s Zervant raises €6 million for its online invoicing software

Zervant, an online invoicing software company, has raised €6 million led by Finnish VC firm Tesi with participation from Northzone, NFT Venture, and Conor Venture Partners. The Espoo-based company develops software for small and medium sized businesses to issue and manage their invoices. The new funds will be invested in further growing its core demographic […]

UK AI startup Ditto raises £4 million for its software advisor bots

AI company Ditto has raised £4 million from IP Group, which builds intellectual property-based businesses, and Parkwalk Advisors. Manchester-based Ditto has developed AI-powered software advisor bots that solve queries but also provide the reasoning behind the decisions, creating a clear audit trail in highly-regulated industries. Its technology is used in environmental, health and safety (EHS) […]

Axel Springer backs Magic Leap to bring AR to its content

German publisher Axel Springer, Europe’s largest publisher, has backed Magic Leap, the US augmented reality company that’s raised nearly $2 billion from Google and Alibaba. The investment was made through the publisher’s investment arm, Axel Springer Digital Ventures. No figures were disclosed. Magic Leap’s chief product, Magic Leap One, a headset that delivers 3D images […]

Fintech startup TransferZero acquired by African blockchain company BitPesa

Spanish fintech startup TransferZero has been acquired by Kenyan blockchain payments company BitPesa, which operates in Africa and Europe. No terms were disclosed. TransferZero is a money transfer platform based in Madrid and has partnerships with Spain’s third largest bank, Bankia. Its CEO Luis Cambronero has been appointed a managing director at BitPesa, which also […]