Annie Musgrove

KMS Lighthouse

KMS Lighthouse acquires Tel Aviv startup Reps AI, recently valued at $20 million

Knowledge management platform KMS Lighthouse has announced the acquisition of fellow Israeli startup Reps AI, which specialises in AI-driven agent and employee assist technology. Although the financial terms are undisclosed, Reps AI achieved a valuation of $20 million during its last funding round in 2019. At present, Lighthouse helps businesses in various industries reduce agent […]


Lisbon-based Faber launches €33 million fund to back Iberian startups

Portuguese venture capital firm Faber has announced the first close of Faber Tech II at €20.5 million, with a goal of reaching €30 million in the next few months. The new fund will focus on early-stage, data-driven startups in Southern Europe, especially Iberia, that want to scale globally. The VC is looking for teams that […]


Berlin-based flexible credit provider Finiata raises €7 million for European expansion

Berlin-based startup Finiata, which gives flexible credit lines to small businesses, has raised €7 million in a follow-on funding round from most existing investors. The European Investment Fund is also participating through the Corona Matching Facility. Finiata’s machine learning algorithm ‘Copernicus’ determines the creditworthiness of potential borrowers within a few minutes and – assuming a […]


London-based Seedcamp closes fifth fund at £78 million

London-based VC Seedcamp has announced the £78 million first and final close of its fifth fund, which will go to pre-seed and seed stage investments. Some capital will be reserved for follow-on rounds up to Series B. Seedcamp launched in 2007 and has since built a portfolio of over 360 startups, including European decacorn, UiPath, […]


London-based esports brand Fnatic raises $10 million to fuel global growth

Fnatic, a London-based global esports brand, has raised $10 million to continue global expansion and support its esports teams in competition. The round was led by Beringea, with participation from existing investors Unbound, LVL1 Group, JHD as well as key management.  Building on the momentum of this investment round, Fnatic announced that it has also […]