Ravin.AI, a startup based in Haifa and London, has landed a $4 million funding round led by PICO Venture Partners, with participation from Shell Ventures and automotive entrepreneur Adam Draizin. The company plans to use the money to work on its product and expand to new markets across North America, Europe, and Asia. Founded in […]
Immense Simulations, a mobility startup headquartered in Milton Keynes, has landed $4.6 million in a funding round led by Amadeus Capital Partners and Japan’s Global Brain Corporation, with participation from 31 Ventures, part of the Mitsui Fudosan Group. Founded in 2016 as a spin-out from the UK government’s Catapult programme, Immense has built a simulation […]
Leuven, Belgium-based icometrix has secured $18 million in funding from Forestay Capital, Optum Ventures and prior backer Capricorn Venture Partners. The company claims its technology has the potential to transform care for patients with brain injuries and disorders, by extracting clinically meaningful information from brain MRI and CT scans of patients. Its ‘icobrain’ software platform […]
Portuguese startup Stratio – not to be confused with, well, Spanish startup Stratio – has scored €3 million in funding from London-based Crane Venture Partners and LocalGlobe to scale its AI for auto manufacturers, distributors, and fleet owners for preventative maintenance (which the company says comes with a $200 billion price tag in annual expenditure). […]
London-founded startup Plum that’s developed what it calls “the world’s first AI-powered personal money management chatbot” has raised $4.5 million in a funding round led by venture firm VentureFriends and the EBRD. The company plans to use the fresh capital to hire more engineers in its offices in London and Athens, as well as work […]
Cytora, a British startup that provides AI-powered products for the commercial insurance industry, has landed £25 million in a funding round led by EQT Ventures, with participation from Cambridge Innovation Capital, Parkwalk, and several angel investors. The startup spun out of the University of Cambridge in 2014 to focus on applying AI to commercial insurance. […]
Berlin-based startup Statice that offers software for automated data anonymisation has raised a “substantial seven-figure financing” round led by Capnamic Ventures, with participation from WestTech Ventures. Statice emerged from Berlin-based company builder WATTx in 2018 with a product that helps businesses “process and analyse sensitive personal data freely and in compliance with data protection regulations,” […]