– Impact Analytics has raised $11M led by Argentum to accelerate growth
– The company’s industry-leading, next-generation AI-driven technology platform powers SaaS solutions aimed at optimizing the forecasting, planning and merchandising functions for retailers and consumer packaged goods (CPG) manufacturers.
– Impact’s solutions are deployed at leading retailers, including Calvin Klein, Tommy Hilfiger, Puma, JoAnn and Belk.
– Several large private equity firms are actively encouraging their portfolio companies in the retail sector to adopt Impact’s solutions.
– Impact’s decisioning systems also enhance retailers’ sustainability efforts by helping them make more precise merchandising and allocation decisions, reducing waste and their carbon footprint.
– Impact Analytics was founded in 2013 by CEO Shachar Shemesh and CTO Lior Zalmanson.

– Peak AI, a startup out of Manchester, England, is announcing some funding for a platform that it believes can help.
– The Series B is being led by Oxx, with participation from past investors MMC Ventures and Praetura Ventures, as well as new backer Arete.
– It has raised $43m to date and is not disclosing its valuation.
– The funding will be used to continue expanding the functionality of its platform, adding offices in the U.S. and India, and growing its customer base.

– Peak.AI, a startup developing AI solutions for enterprise customers, today announced that it closed a $21 million series B round.
– The funds, which bring Peak’s total raised to date to $43 million, will drive the company’s R&D and commercial expansion in the U.S. and India, according to CEO Richard Potter.
– The global enterprise AI market size was valued at $4.68 billion in 2018 and is projected to reach $53.06 billion by 2026, according to Allied Market Research.
– But the corporate sector’s adoption curve hasn’t been as steep as some had predicted despite the promise of AI.

– Peak is a Manchester, UK-based Artificial Intelligence (AI) company.
– The company raised $21m in Series B funding.
– The round was led by Oxx, with participation from existing investors MMC Ventures and Praetura Ventures, and new investor Arete.
– The new investment will be used to accelerate global expansion, with new offices opening in both the USA and India, as well as continued R&D investment. As a result, Peak is planning to create 130 new jobs globally in the coming year.

– Pngme, a financial data platform, closed $3M seed to accelerate growth in Sub-Saharan Africa.
– The investment was led by Radical Ventures, Raptor Group, Lateral Capital and EchoVC.
– It comes after the fintech startup raised $500,000 in pre-seed two years ago.
– The company started as a lending platform in 2018.

– Scalarr is a machine learning based ad fraud prevention company based in Delaware.
– The company raised $7.5m in Series A funding.
– The round was led by the European Bank of Reconstruction and Development (EBRD), with participation from TMT Investments, OTB Ventures, and Speedinvest.
– The new investment will be used to expand the company’s presence and operations in Asia.