Berlin-based business intelligence tool y42 raises $2.9 million

y42, the business intelligence tool formerly known as Datos Intelligence (no relation to Prince) has raised $2.9 million. The seed round was led by La Famiglia VC (no relation to the Corleone family). Additional investors include the co-founders of Foodspring, Personio, and Petlab. Funding is expected to fuel the company’s go-to-market strategy as well as […]

Berlin-based fintech MODIFI secures $60 million via Silicon Valley Bank Germany

Berlin-based fintech MODIFI has secured $60 million in from Silicon Valley Bank, now bringing their total capital to $111 million. The funding is expected to address increased demands in existing marketing, as well as continue growth and market penetration, primarily in the US. In a nutshell, MODIFI fronts the money for SMEs, buyers or sellers, […]

London/Berlin-based mobile native e-commerce platform Fy! raises £5 million

London/Berlin-based home, living, and lifestyle retail platform Fy! has raised £5 million. Led by Hoxton Ventures, the round also included a number of undisclosed angel investors. The investment is expected to further propel international expansion primarily into the US, Australia and the EU. Likewise, Fy! is reporting that the funding will also be earmarked for […]

Mannheim/Berlin-based HRtech fable+ becomes latest acquisition by Accenture

In a move to expand their capabilities in analytics-driven transformation and workplace cultures, global giant Accenture has acquired Mannheim/Berlin-based consulting firm fable+ Terms of the deal were not divulged. fable+’s team of 50 employees are all expected to join Accenture’s Talent & Organisation / Human Potential team. fable+ has leveraged their cloud based app to […]

Berlin-based Elucidate raises €2.5 million in move to become the universal standard in financial crime risk management

Elucidate aims to become the Moody’s of financial crime risk, and have just announced their raise of €2.5 million in a pre-Series-A funding led by Frontline Ventures. Frontline Ventures is joined by existing investors Seed X Liechtenstein, APEX Ventures, and Big Start Ventures. Elucidate has now raised over €5 million in seven short months following […]