Women-led VC and investment platform iAngels Ventures raises €47 million

iAngels Ventures has announced the close of its first institutional fund at €47 million. In a multi-year vetting process, the fund is cornerstoned by a €21 million investment from the EIF, a direct benefit of the European Commission’s research and innovation programme Horizon 2020. iAngels counts a global network of over 20,000 members and has […]

Klarna acquires crosstown influencer marketing platform APPRL

As a further sign of its commitment as a growth partner, Klarna has acquired Stockholm-based content creator and retailer relationship facilitator APPRL. The addition of APPRL’s offer enhances Klarna’s marketing services, allowing retailers direct access to relevant content creators. The financials of the deal were not disclosed. According to Business Insider, social commerce will account […]

Electric car on-demand service Onto raises $175 million

Accelerating the shift towards electric mobility, the EV subscription platform Onto has raised $175 million in a Series B round. The company offers a UK-wide subscription that includes insurance and free access to over 11,000 charge points. With the new funding Onto will further establish its market position in the UK, as well as eye […]

Aleph Alpha aims to ensure European AI digital sovereignty, raises €23 million

AI R&D and deployment firm Aleph Alpha has raised €23 million in a new funding round. The Heidelberg-based company produces large-scale, multilingual, AI models that are designed to serve any number of applications. The funding is expected to further accelerate the development of these models, with the higher goal of securing European AI technology digital […]

AI data training platform Kili Technology raises $25 million

AI data training platform Kili Technology has raised $25 million in a new funding round. This is just six months after a seed investment of $7 million. The Paris-based startup helps companies transform raw data into high-quality, AI training-ready annotated data. With the fresh capital, the company is aiming to ramp up recruitment efforts as […]

Team communications defragmenter Sedna raises $34 million

Looking to streamline team communications, Sedna has raised $34 million in a Series B round. The London-based startup is tossing inter-office communication and collaboration as we know it out the window, breaking down email and chat silos and providing one singular workspace. With this fresh raise, Sedna will further invest in product development, data science, […]

Ultra-secure Matrix messenger Element raises $30 million

Ultra-secure collaboration and messaging app Element has raised $30 million in a new funding round. Element is trusted by the French, US, and UK governments, and is in talks with 10 others. Via BWI, Element provides the official communications system for the entire German armed forces (a county that takes its datenschutz pretty damn seriously). […]