Portugal’s PICadvanced raises €4 million from Verizon for technology that improves broadband access

PICadvanced (PICa), a Portuguese developer of optics and photonics solutions for telecom applications, has raised a €4 million Series A led by Verizon Ventures, with support from 200M Co-investment Fund managed by PME Investimentos. Founded in 2014 and based in Ílhavo, Portugal, PICa has been developing optoelectronic transceivers for a new telecommunications network standard called […]

Tel Aviv’s Zencity, which provides community data to local governments, raises $13.5 million

Israeli AI-based analytics platform Zencity has raised $13.5 million in a funding round led by TLV Partners and joined by Salesforce Ventures. Existing investors Canaan Partners Israel, Vertex Ventures, M12 and i3 Equity Partners also participated. The platform monitors discourse in digital channels, amassing millions of resident-generated data points. The data is then provided to […]

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Munich-based 3D printing startup DyeMansion raises $14 million Series B

DyeMansion, a Munich-based industrial 3D printing company, has raised $14 million in Series B funding. Danish growth fund Nordic Alpha Partners joined the startup’s existing investors UVC Partners, btov Partners, KGAL and AM Ventures. The company offers finishing systems, packaged in a three-step ‘Print-to-Product’ workflow, which take freshly 3D printed parts and finalise the production […]

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Brussels-based Bsit Technologies acquires Karamel to consolidate parenting services in a single platform

After recently launching Parentalist, its new platform for discovering and exchanging tips for parents, Bsit Technologies has acquired Paris-based Karamel, an app that helps find and reserve activities for children. Details of the deal were not disclosed. Brussels-based Bsit, which operates in France and the Benelux region, is an app that helps parents find babysitters, […]