Irish startup Keelvar snags $18 million for AI-driven supply chain automation software

Cork-based Keelvar, a supply chain automation software, has raised $18 million in Series A funding led by Elephant and Mosaic Ventures with participation from Paua Ventures. The Irish company plans to expand across Europe and into the US. Keelvar has developed AI-enabled ‘sourcing bots’ to automate tactical buying processes, specifically sourcing and procurement. The Irish […]


London-based logistics software Shipamax raises $7 million Series A to roll out across industry

Shipamax, the London-based logistics automation software, has raised a $7 million Series A led by Mosaic Ventures, with support from Crane Venture Partners and Y Combinator. Logistics services is a $658 billion dollar industry, with freight forwarders and traditional shippers under pressure to increase margins and future-proof themselves from the wave of new digital providers. […]

Report: European seed investors jump at AI and SaaS startups but shun e-commerce

More than 60 percent of European seed-stage investors are most excited about artificial intelligence, SaaS, and marketplace applications, according to a new “Sentiment of Seed Investors in Europe” report launched today by Mosaic Ventures, a London-based VC firm. At the same time, some two thirds of the 60 surveyed investors name e-commerce as the sector […]

Israel’s Nexar raises $30 million for its car safety technology

Car tech firm Nexar has raised $30 million led by Ibex Ventures with participation from new and existing backers Alibaba Innovation Ventures, Nationwide Insurance, Aleph, Mosaic Ventures, Slow Ventures, True Ventures, and Tusk Ventures. The AI-enabled automotive technology, which is used by consumers, insurance companies, and car makers, detects road hazards in real-time. It uses […]

Period and ovulation tracking app Clue raises $20 million Series B round

Berlin-based Clue, a female health tracking app, has raised $20 million in a Series B round led by Nokia Growth Partners with participation from Union Square Ventures (USV), Mosaic Ventures, Brigitte Mohn and Christophe Maire, Giving Wings, and FJ Labs. The new funds will be used further to develop the app, expand its Berlin team, […]