Verbit, an AI-powered transcription and captioning platform, has closed a $60 million Series C round led by Sapphire Ventures with participation from existing investors Vertex Ventures, Stripes, HV Ventures and ClalTech, as well as new investor Vertex Growth. The Israeli company, which has raised over $100 million to date, says its revenue run rate has […]
Buying up Amazon FBA stores and scaling them in-house is a hot business model right now. Last week Heroes launched in the UK with a $65 million seed round and Berlin-based Razor Group raised €25 million. Today, fellow Berlin business SellerX announced it has secured €100 million of financing. The seed round, which is a […]
Finnish deep tech startup Unikie has closed a €12 million funding round to scale its automatic driving software around the world. The growth capital came from two Finnish investment firms, CapMan Growth and Tesi. Founded five years ago, the Nordic software startup works in four main segments: the automotive industry, smart machinery, industry 4.0 and […]
Alphagreen, a London-based online marketplace for CBD and alternative healthcare products, has secured £1.1 million of seed funding to help roll out new products and services alongside their expansion into the US. Backers include Stockholm-based Enexis, US cannabis fund West Creek Investments and angel investors, including Igor and Oleg Tikhturov. The company runs an online […]
Fireblocks, an Israeli-born company helping enterprises adopt and manage digital assets, has raised $30 million in a Series B round. Paradigm led the round and was joined by existing investors Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group and Cedar Hill Capital. Essentially, Fireblocks helps enterprises and other institutions expand their businesses by moving […]
KisanHub, a Cambridge-founded startup applying AI to agriculture, has raised £1.12 million to accelerate its growth in the UK and Europe. The round was led by Low Carbon Innovation Fund 2 (LCIF2) with backing from the Future Fund. Existing investors IQ Capital, Notion Capital and Sistema VC also joined. The ‘seed to sale’ connectivity platform […]
Berlin-based travel booking platform Tourlane has raised $20 million in an extension of its Series C, which initially closed at $47 million back in May 2019. Previous investors Sequoia Capital, Spark Capital, DN Capital, and HV Capital, as well as both founders, participated in the round – boosting the company’s total capital raised to over […]
