London-based InReach Ventures launches a €53 million “AI-powered” fund

British “AI-powered” VC firm InReach Ventures has announced the first closing of its new fund of €53 million, from which it’s going to invest in early-stage European technology startups. According to the company, over half of its team are software engineers, who’ve been busy over the past three years developing a proprietary system that “generates […]

German industrial equipment usage analytics startup corrux secures $3.1 million

Munich-based industrial equipment usage analytics startup corrux has raised $3.1 million in a funding round led by Target Partners, with participation from Josef Brunner (CEO at relayr) and Sean Dalton. The platform created by corrux is there to help analyse how fleets of heavy industrial equipment, from excavators to track laying machines, are used. According […]

UK-based flexible workforce startup Distributed raises £1.5 million

London-founded “talent resourcing” platform Distributed has raised a £1.5 million funding round from Fuel Ventures. The startup plans to use the fresh capital to grow its team sixfold by the end of this year and open its platform for the public. Distributed is essentially an on-demand workforce platform, which offers maximum convenience to the customer, […]

Finnish startup GetJenny raises €2 million for its AI-powered customer support chatbots

GetJenny, a customer support chatbot startup from Helsinki, has raised a €2 million funding round led by Dubai Angel Investors and May Nasrallah of deNovo Corporate Advisors, with participation from Exio, Business Finland, and existing investors. The Finnish startup’s product is a customer support chatbot that supposedly can handle routine and repeated tasks about as […]

Dutch property valuation startup GeoPhy raises $33 million

Delft-founded AI proptech startup GeoPhy has landed a $33 million funding round led by Index Ventures, with participation from existing investors Inkef Capital and Hearst Ventures. The startup founded by two architects applies supervised machine learning methods to commercial property valuation by capturing “thousands of data-points from public and private sources, including satellite images and […]

Spanish voice assistant startup Sherpa.ai raises $8.5 million

Bilbao-based conversational AI startup Sherpa.ai has landed an $8.5 million funding round led by Mundi Ventures, with participation from the chairman and CEO of British Airways, Alex Cruz. The company plans to use the capital to continue developing its Spanish-language voice assistant tech and expects to raise more funding later this year. Sherpa’s conversational AI […]