Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

This summary is generated by an algorithm. If you find any mistakes, let us know.

Resistant AI scores $16.6M for its anti-fraud fintech tools
Resistant AI scores $16.6M for its anti-fraud fintech tools
UN

Unicorn Nest news

Resistant AI scores $16.6M for its anti-fraud fintech tools

– Resistant AI, which uses artificial intelligence to help financial services companies combat fraud and financial crime, has raised $16.6m in Series A funding.
GV led the round, with participation from existing investors Index Ventures, Credo Ventures and Seedcamp, plus several unnamed angel investors specializing in financial technology and security.
– The funding will be used to meet rising demand from global financial institutions, including by building out its product, engineering and sales operations teams beyond its existing footprint — which also includes offices in London and New York.
– The startup says it has 30 customers signed up at this stage to use its dedicated anti-fraud security products — which include machine learning detection of fraudulent documents and AI for spotting problematic patterns of transactions.

Source
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
UN

Unicorn Nest news

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.

Source
Futures Factory Raises $2.5M in Seed Funding
Futures Factory Raises $2.5M in Seed Funding
UN

Unicorn Nest news

Futures Factory Raises $2.5M in Seed Funding

– Futures Factory is a French marketplace for selling sneakers.
– The company raised $2.5m in seed funding.
– The round was led by Seedcamp and Stride with participation comes from the co-founders of Voodoo, Kima Ventures, RTP Global, along with technology, crypto, and fashion angel investors.
– The company intends to use the funds to to build its product between September 2021 and March 2022.

Source
Ryde Raises £2.5M in Funding
Ryde Raises £2.5M in Funding
UN

Unicorn Nest news

Ryde Raises £2.5M in Funding

– Ryde, formerly known as Ryders, is a London, UK-based SaaS last-mile delivery platform provider.
– The company raised £2.5m in funding.
– The round was co-led by Forward Partners and Triple Point, with participation from current investors Seedcamp and Swiss Founders Fund and angels, including Michael Pennington (Gumtree), Will Neale (Fonix), Matt Robinson (Go Cardless) and Ines Ures (former Deliveroo CMO).
– The new investment will be used to continue to expand operations and its business reach.

Source
HelloFlow Raises $1.6M in Seed Funding
HelloFlow Raises $1.6M in Seed Funding
UN

Unicorn Nest news

HelloFlow Raises $1.6M in Seed Funding

– HelloFlow from Copenhagen develops a no-code platform, that integrates with ID authentication services in local markets.
– The company raised $1.6M in seed funding.
– The round was led by PreSeed Ventures and Seedcamp.
– The new investment will be aimed at developing the progressive functionalities of the platform, and expanding beyond the financial industry by offering a complete onboarding solution for legal services and the accounting industries.

Source
Pleo Raises $150M in Series C Funding
Pleo Raises $150M in Series C Funding
UN

Unicorn Nest news

Pleo Raises $150M in Series C Funding

– Pleo is a Danish born provider of expense management tool and smart company cards.
– Company raised $150M in Series C funding.
– The round was co-led by Bain Capital Ventures and Thrive Capital with contributions from Creandum, Kinnevik, Founders, Stripes and Seedcamp.
– The company intends to use the funds to expand its solution across Europe, growing its customer base, invest in its team, which currently stands at 330 people, while iterating its product offering.

Source
wefox Closes $650M in Series C Funding
wefox Closes $650M in Series C Funding
UN

Unicorn Nest news

wefox Closes $650M in Series C Funding

– wefox is a digital insurance company based in Berlin.
– The company raised US$650m in Series C funding.
– The round was led by Target Global with participation from existing investors OMERS Ventures, Gsquared, Merian, Horizons Ventures, Eurazeo, Mubadala, Creditease, Salesforce Ventures, Speedinvest, Alma Mundi Ventures, Victory Park Capital, GR Capital, Mountain Partners, Seedcamp, and Sound Ventures.
– The new investment will be used to expand into the US and Asia within the next two years while strengthening its presence in its existing markets in Germany, Austria, Switzerland, and Poland.

Source
Uncapped Raises $80M in Funding
Uncapped Raises $80M in Funding
UN

Unicorn Nest news

Uncapped Raises $80M in Funding

– Uncapped from London develops a platform for online companies to fund their growth and inventory costs.
– The company raised $80m in funding.
– The round was led by Lakestar with participation from existing investors (which include Mouro Capital, Global Founders Capital, White Star Capital, Seedcamp, and All Iron Ventures).
– The new capital will be used to expand the company’s business reach with a host of new products and services due to launch in the near future, to increase its headcount from 35 to 100 people by the end of the year, with a particular focus on engineering and product roles.

Source
Financing for students startup StudentFinance raises $5.3M seed from Giant and Armilar
Financing for students startup StudentFinance raises $5.3M seed from Giant and Armilar
UN

Unicorn Nest news

Financing for students startup StudentFinance raises $5.3M seed from Giant and Armilar

– Fintech startup StudentFinance raised $5.3m in funding.
– The round was led by Giant Ventures and Armilar Venture Partners.
– Existing investors Mustard Seed Maze and Seedcamp, along with Sabadell Venture Capital, also participated.
– The startup provides the tech back end for institutions to offer flexible payment plans in the form of ISAs (income-share agreements).
– It also provides data intelligence on the employment market to predict job demand.
– It now has 35 education providers signed up, managing over €5m worth of ISAs.
– It also works with upskilling platforms including Ironhack and Le Wagon.

Source
StudentFinance.com Raises $5.3M in Seed Funding
StudentFinance.com Raises $5.3M in Seed Funding
UN

Unicorn Nest news

StudentFinance.com Raises $5.3M in Seed Funding

– StudentFinance.com, a Madrid, Spain-based fintech company building the technology and data infrastructure to enable education providers globally to offer Income Share Agreements (ISAs), secured $5.3m in seed funding.
– The round was co-led by Giant Ventures and Armilar Venture Partners with participation from existing investors Mustard Seed Maze and Seedcamp, Sabadell Venture Capital, Victoria van Lennep (founder of Lendable); Martin Villig (founder of Bolt); Ed Vaizey (the UK’s longest-serving Culture & Digital Economy Minister); Firestartr (UK-based early-stage VC); Serge Chiaramonte (UK fintech investor); and more.

Source
PortalOne Raises $15M in Seed Funding
PortalOne Raises $15M in Seed Funding
UN

Unicorn Nest news

PortalOne Raises $15M in Seed Funding

– PortalOne from Palo Alto develops a hybrid games platform.
– The company raised $15m in seed funding.
– Backers included Founders Fund, TQ Ventures, Coatue Management, Rogue Ventures, Signia Venture Partners, Seedcamp , Talis Capital and SNÖ Ventures as well as strategic partners Atari and ARRI.
– The new investment will be used to accelerate the company’s global expansion and product development.

Source
Grover Raises €60M in Series B Funding
Grover Raises €60M in Series B Funding
UN

Unicorn Nest news

Grover Raises €60M in Series B Funding

– Grover is a Berlin, Germany-based provider of consumer tech subscription solutions.
– Company secured €60m in Series B funding.
– New investors in the round were led by Jonathan Schneider at private equity firm JMS Capital-Everglen, with participation from Viola Fintech, Assurant Ventures, as well as a number of founders and angel investors from Europe and North America.
– Existing investors coparion, Augmentum Fintech, Circularity Capital, Seedcamp and Samsung Next also invested in the round, amongst others.
– The company intends to use the funds to increase market penetration, advance product innovation and accelerate international expansion.

Full Speed Automation Raises $3.2 Million Seed Round From International Deep Tech and Software Investors to Simplify and Accelerate Factory Automation
Full Speed Automation Raises $3.2 Million Seed Round From International Deep Tech and Software Investors to Simplify and Accelerate Factory Automation
UN

Unicorn Nest news

Full Speed Automation Raises $3.2 Million Seed Round From International Deep Tech and Software Investors to Simplify and Accelerate Factory Automation

– Full Speed Automation announced today that it raised $3.2m in Seed funding.
– The round was led by HCVC and included Catapult Ventures, Seedcamp, Serena Capital, Kima Ventures and Diaspora Ventures, as well as Industry Executives such as Bruno Bouygues, CEO of GYS.
– The Silicon Valley-based company, founded by Luc Leroy, former head of Core Automation Engineering at Tesla, announced in Oct 2020 the development of VITESSE, the first no-code automated manufacturing platform.
– VITESSE allows fast production bring-ups and rapid iterations on existing production lines as well as new ones. In addition to bringing agility to factories, VITESSE simplifies data acquisition and enables production monitoring with real-time telemetry.

Source
TreeCard Raises $5.12M in Seed Funding
TreeCard Raises $5.12M in Seed Funding
UN

Unicorn Nest news

TreeCard Raises $5.12M in Seed Funding

– TreeCard, a London, UK-based wooden Mastercard™ payment card that plants trees with everyday spending, raised a $5.12m in seed funding.
– The round was led by EQT Ventures, with participation from Seedcamp and Episode 1 and angels including Matt Robinson (the founder of GoCardless) and Charlie Delingpole (founder of ComplyAdvantage).
– The company intends to use the funds to hire fintech talent, support product roll-out across the UK, and expand into the US and key European markets.

Source
1 2 3 58 59 60
Crunchbase icon

Content report

The following text will be sent to our editors: