Cyprus-based Omilia gets $20 million to grow its conversational AI for enterprise, after 18 years of bootstrapping

Omilia, a Cyprus-based machine learning company, has secured $20 million in funding from Grafton Capital to continue expanding its conversational AI technology, built for the customer care needs of global enterprises. This is Omilia’s first fundraising of outside investment. In what it considers “one of the few categories of AI that is already delivering significant […]


Italian martech startup Audiens gets $8 million from South Korea’s NHN, will use investor’s vast consumer data

Audiens, the Milan-based customer data platform and audience management tool, has landed an $8 million cash investment from South Korea’s NHN Corp. This marks NHN’s first investment in a European tech company, although Audiens was acquired by US-based Bango two years ago. Digital marketers use the Audiens customer data platform (CDP) to view all campaign […]


London-based Eigen Technology closes Series B round at $42 million

With an additional $5 million investment from ING Ventures, London-based Eigen Technologies has sealed its Series B round at $42 million, after an initial close last November. The round was led by Lakestar and Dawn Capital, with Temasek and Goldman Sachs Growth Equity also participating. Eigen’s natural language processing (NLP) technology helps companies parse documents, […]

London’s Concirrus raises $20 million to expand insurtech platform for auto and marine industries

Concirrus, a London-based insurtech startup, has closed a $20 million Series B funding round led by AlbionVC. The company will use the new funding to expand its predictive analytics platform, geared toward the automotive and marine insurance sectors. Quest is the company’s behavioural-based underwriting platform, which delivers portfolio management and predictive analytics to a variety […]