Denmarkbased Corti.ai 27m, a Copenaghen, Denmark-based business that uses artificial intelligence and machine learning to enhance patient interactions, has raised $27 million in Series A funding. Vaekstfonden and Chr. Augustinus Fabrik took the lead in the round, which also included Hearcore, Id Invest, and byFounders. The company plans to use the money to grow operations,…
Exotec 335m series sachs asset management, a global warehouse robotics firm with headquarters in Atlanta, Georgia, raised $335 million in Series D fundraising at a $2 billion value. The transaction was initiated by the Growth Equity division of Goldman Sachs Asset Management, with follow-on investments coming from 83North and Dell Technologies Capital. The business plans to…
Reprise 17m series bain, a software demo platform for business sales and marketing teams with headquarters in Boston, Massachusetts, acquired $17 million in Series A funding. Glasswing Ventures and Accomplice VC, two current investors, joined Bain Capital Ventures in leading the round. Ajay Agarwal, a partner at Bain Capital Ventures, will join the Reprise Board of…
Torch.AI, a Washington-based worldwide artificial intelligence (AI) business, raised $30 million in Series A funding. torch.ai 30m series westcap uses machine learning to provide massively scaled, ultra high speed data processing. The WestCap Group of Laurence Tosi took the lead in the round. Tosi will join the board of directors for Torch.AI. As it continues…
Former Google employee Charlie Lee is the creator of Litecoin ($LTC). It is a P2P that enables rapid, nearly cost-free payments all over the world. Since the platform is open source and decentralized, there are no middlemen. A split of Bitcoin, $LTC has some peculiarities. Lee wanted to build a network like that, but with…
Papaya Global, an Israeli labour management platform with headquarters in Tel Aviv, raised $100 million in Series C funding, valuing the business at over $1 billion. Papaya’s $40 million Series B round, announced less than six months ago, was followed by the fresh investment. With the addition of the latest round of funding, which boosted…
A $50 million Series C fundraising round was completed by Seeq Corporation, a maker of manufacturing and Industrial Internet of Things (IIoT) advanced analytics software. It was led by Insight Partners with participation from current investors Altira Group, Chevron Technology Ventures, Cisco Investments, Saudi Aramco Energy Ventures, and Second Avenue Partners, bringing the total capital…
Grip, a platform for market participation based in London, United Kingdom, raised $13M in Series A funding. Kennet Partners led the round, which increased the total amount raised to $14.5m. The company plans to utilise the money to broaden its digital product and geographic reach. Grip, a 2016 startup founded by CEO Tim Groot, offers…
Cynet, a supplier of an autonomous XDR platform situated in Boston, Massachusetts, closed a $40 million Series C fundraising. Leading the round were Greenfield Partners, with participation from prior investors Deutsche Telekom, Norwest Venture Partners, Vintage Investment Partners, and BlueRed Partners. The company plans to use the money to increase its market share in North…
AssemblyAI SF based audio intelligence API developer AssemblyAI earned $30M in Series B funding. Insight Partners served as the round’s lead investor, and existing investors from Accel and Y Combinator also took part. The funds will be used by the firm to expand its AI research team, which currently consists of researchers from DeepMind, Google…
