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Gamma Launches With $7M in Seed Funding
Gamma Launches With $7M in Seed Funding
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Gamma Launches With $7M in Seed Funding

- Gamma is a productivity suite building a replacement for slide decks. - The company launched with $7M in Seed funding. - The round was led by Accel, with participation from Eric Yuan, Jeff Weiner, Script Capital, South Park Commons, LocalGlobe, Afore and Hustle Fund, as well as founders at Airtable, Patreon, Segment, Honey and Optimizely. - The company intends to use the funds to continue to build out the team and the product.

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Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication
Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication
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Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication

– Rossum, the artificial intelligence company that is re-inventing the way businesses send documents to each other, has raised $100m from one of the US’s best known funds, General Catalyst in what is Eastern Europe’s largest ever Series A.
– Previous investors, including LocalGlobe, Seedcamp, Miton and Elad Gil are participating, as Rossum looks to capitalise on surging corporate demand for automation in business processes.
– Having rapidly secured market leadership in document AI technology and become the go-to software for many of Europe’s biggest companies, Rossum is creating a universal document gateway designed to help the corporate world move faster and complete transactions in minutes not weeks.

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PayEm Raises $27M In Funding
PayEm Raises $27M In Funding
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PayEm Raises $27M In Funding

– PayEm is a Tel Aviv, Israel-based global spend and procurement platform for high-growth and multinational organizations.
– The company raised $27M in funding.
– The round consists of a $7M seed funding round led by Pitango First and NFX with participation by LocalGlobe and Fresh Fund, followed by a $20M Series A led by Glilot+, the early growth fund of Glilot Capital Partners.

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Moove Raises $23 Million Series A Funding to Democratize Vehicle Ownership in Africa
Moove Raises $23 Million Series A Funding to Democratize Vehicle Ownership in Africa
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Moove Raises $23 Million Series A Funding to Democratize Vehicle Ownership in Africa

– Moove, an African mobility fintech, announced that it has raised $23m in Series A funding.
– The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital, Roka Works, KAAF Investments, Spartech Ventures, Class 5 Global, and Victoria van Lennep, co-founder of Lendable.
– Africa specialist, Verod Kepple Africa Ventures, and one of Moove’s existing lenders, Emso Asset Management, also joined the round.
– This brings Moove’s total funding to $68.2m, including $28.2m in equity and $40m in debt.

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Vira Health Raises £1.5M in Seed Funding
Vira Health Raises £1.5M in Seed Funding
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Vira Health Raises £1.5M in Seed Funding

– Vira Health from London raised £1.5M in seed funding.
– The round was led by LocalGlobe, MMC Ventures, and angel investors including Megumi Ikeda, Managing Director, Hearst Ventures, Andrea Zitna of Elvie, former Spotify executive Sofia Bendz, founder of GoCardless Matt Robinson, and Simon Lambert, former CTO, MOO.com, and Treatwell.
– The company intends to use the funds to invest further in product development and to expand the team.

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Tide Raises $100M in Series C Funding
Tide Raises $100M in Series C Funding
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Tide Raises $100M in Series C Funding

– Tide from London, UK provides a business financial platform that offers business accounts and related banking services, as well as a comprehensive set of software solutions.
– The company raised $100m in Series C funding.
– The round was led by funds advised by Apax Digital, the growth equity team of Apax Partners, with participation from existing investors Anthemis, Augmentum, Jigsaw, Local Globe / Latitude, SBI, and SpeedInvest.
– The new investment will be used to continue to develop their business financial platform, grow their market share and expand globally.

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Smile Identity Raises $7M in Series A Funding
Smile Identity Raises $7M in Series A Funding
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Smile Identity Raises $7M in Series A Funding

– Smile Identity from Lagos, Nigeria provides ID verification and KYC compliance through Artificial Intelligence.
– The company raised $7M in Series A Funding.
– The round was led by Costanoa Ventures with participation from CRE Venture Capital, Local Globe, Intercept Ventures, Future Africa Ventures, Khosla Impact ValueStream Ventures, Beta Ventures, 500 Startups and Story Ventures.
– The company plans to use the new funding to improve its services, expand across more markets, add support for more ID types and hire more engineers and support staff across Africa.

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Hertility Health Raises £4.2M in Seed Funding
Hertility Health Raises £4.2M in Seed Funding
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Hertility Health Raises £4.2M in Seed Funding

– Hertility Health is a new women’s health startup based in London.
– The company raised £4.2m in seed funding.
– The round was led by LocalGlobe, Venrex, and some key angel investors including former CEO of Bupa, Evelyn Bourke, CEO of Nested and the unicorn company GoCardless, Matt Robinson.
– The funds will be used to expand its current product offering of fertility and hormone testing, menopause, miscarriage, postnatal care, polycyctic ovarian syndrome (PCOS) and endometriosis testing.

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Weav raises $4.3M to knit together a universal API for commerce platforms
Weav raises $4.3M to knit together a universal API for commerce platforms
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Weav raises $4.3M to knit together a universal API for commerce platforms

– Weav, a fintech startup, raised $4.3m in funding.
– The round was led by Foundation Capital and joined by Y Combinator, Abstract Ventures, Box Group, LocalGlobe, Operator Partners, Commerce Ventures and SV Angel.
– A slew of founders and executives also put money in the round, including Brex founders Henrique Dubugras and Pedro Franceschi; Ramp founder Karim Atiyeh; Digits founders Jeff Seibert and Wayne Chang; Hatch founder Thomson Nguyen; GoCardless founder Matt Robinson and COO Carlos Gonzalez-Cadenas; Vouch founder Sam Hodges; Plaid’s Charley Ma as well as executives from fintechs such as Square, Modern Treasury and Pagaya.
– Weav is building a universal API for commerce platforms.

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Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users
Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users
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Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users

– Wefarm, a social networking platform aimed at independent farmers to help them meet each other, exchange ideas and get advice, and sell or trade equipment and supplies, has raised $11m funding.
– The funding is an extension to the company’s 2019 Series A, and is being led by Octopus Ventures.
True Ventures (which led the 2019 round), Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder also participated.
– Wefarm has raised $32m since being founded in 2015.
– To date, London-based Wefarm has primarily found traction in countries in East Africa.
– Its service is available via a website, but most of its users are accessing without any internet use at all, via the company’s SMS interface.

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