Stockholm-based customer engagement platform Sinch has bought Wavy, a Brazilian business messaging tool, to expand the Swedish company’s influence in Latin America. The deal, which should close next quarter, includes a total cash consideration of BRL 355 million (nearly €60.5 million) and 1,534,582 new shares in Sinch. Two elements of Brazilian company were valuated separately: […]
Queue-it, a Danish startup creating virtual waiting rooms to preserve website performance, has raised a strategic investment from GRO Capital, a VC that typically invests in Northern European software companies. GRO, now a new majority shareholder, has agreed to invest further capital as the tech company grows. The SaaS platform provides online queueing services to […]
UnderPinned, a London-based startup creating a career platform for freelancers, has raised £500,000 in a three-week campaign on Crowdcube. In exchange, the company offered up a total of 8 percent equity to the 232 backers. Launched two years ago by now 23-year-old Albert Azis-Clauson, the career management platform is designed to be a one-stop shop […]
Oxx, the investment firm focusing on B2B companies from the UK, the Nordics, and Israel, has raised $133 million to invest venture capital in SaaS companies, from the point of Series A onward. Founded by Richard Anton and Mikael Johnsson, the firm focuses on five main themes: data convergence and refinery, the future of work, […]
Spanish startup Arengu has raised €500,000 in pre-seed funding for its low-code customer onboarding tool. The round was led by K Fund, with participation from Lanai Partners, angel investor Rafael Garrido, and VIKO, a digital marketing group. The startup aims to develop a password-free online sign-up process. Arengu allows companies to create and control online […]
UK fintech startup Rimilia has raised $15 million in funding, with participation from Eight Roads Ventures, Kennet Partners and Silicon Valley Bank, to fuel expansion across Europe and North America. Rimilia has developed a SaaS platform for finance folk, tools that automate cash and credit management, reduce bad debt provision, and produce AI-driven insights. A […]
Capmo, a Munich-based digital construction software, has secured a €5 million Series A, led by Capnamic Ventures and angels from Munich’s Center for Digital Technology and Management network. Existing investors UVC Partners and HW Capital also participated. The German startup has created a cloud-based SaaS tool that serves as an operating system for construction sites. […]