Samsung acquires Barcelona-based Zhilabs to grow its 5G capabilities

Barcelona-based Zhilabs, an AI-based network analytics and customer experience management startup, has been acquired by Samsung Electronics for an undisclosed amount. The acquisition will help Samsung to expand its 5G offerings in automation and network analytics. In the 5G era, AI-based automation will play a central role in the introduction of new services such as industrial […]

Reading recommendation: Startup Stories by Amazon Web Services

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London-based apprenticeship startup WhiteHat raises $4 million in seed funding

London-based apprenticeship startup WhiteHat has raised $4 million in seed funding. The round was led by Silicon Valley investor Lightspeed Venture Partners, with participation from Village Global, ShopTalk and Money 20/20 founder Anil Aggarwal, and British tech entrepreneur Wendy Tan White. Nakul Mandan, partner at Lightspeed, will also be joining WhiteHat’s board.  Launched in 2016, WhiteHat provides […]

UK-based interior design platform Clippings raises $15.4 million Series B

London-based startup Clippings, an interior design platform, has closed a $15.4 million Series B funding round. The investment came from New York-based Advance Venture Partners (AVP). Clippings helps designers to create, source and manage interior design projects, and create more beautiful spaces. Clippings allows designers to spend less time on administration, such as tracking shipping […]

Swedish startup Impactpool raises €715,000 to connect talent with NGOs

Swedish startup Impactpool, which matches NGOs with talented job seekers around the world, has raised €715,000. The round was led by Lexis Invest, a major owner of Nextory, along with previous investors. The business angel Staffan Ingeborn, who runs Innovation Capital, also invested in the company for the first time. “We saw a huge interest […]

German fitness startup Freeletics raises funds from US investors for its AI-powered app

Munich-based fitness startup Freeletics has received a significant investment from a leading group of US-based venture capital firms including Courtside Ventures, Elysian Park Ventures, Causeway Media Partners, JAZZ Venture Partners, and ward.ventures. These VCs work with top US sports teams including the San Francisco 49ers, Boston Celtics, Cleveland Cavaliers and Los Angeles Dodgers. “These investors […]