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Information Technology Services Western Europe

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.

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Information Technology Services South Asia

FloBiz Raises $31M in Series B Funding

– FloBiz is an Indian neobank for the Indian SMBs.
– Company raised $31m in Series B funding.
– The round was led by Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext, with participation from angels like Vijay Shekhar Sharma (Paytm), Kunal Shah (CRED), Jiten Gupta (Jupiter), Amrish Rau (Pine Labs), Neeraj Arora (HalloApp), Nitin Gupta (Uni Cards), Ankit Tomar (Bizongo), Sayali Karanjkar (PaySense) and Krishnan Menon (BukuKas), along with 9Unicorns and Whiteboard Capital.
– The company intends to use the funds for team expansion, product development and scaling distribution.

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Information Technology North America Services

Class Raises $105M in Series B Funding

– Class Technologies Inc. from Washington, DC develops a platform enhancing virtual and hybrid classrooms by adding teaching and learning tools to Zoom.
– Series B $105m round was led by SoftBank’s Vision Fund 2 and participated by GSV Ventures, Emergence Capital, Maven Partners, Owl Ventures, Insight Partners, SWaN & Legend Venture Partners, Revolution’s Rise of the Rest Fund, Learn Capital, Reach Capital, Slow Ventures, Sound Ventures, Chimera Investment, Daher Capital, Guy Oseary, Bill Tai, and Super Bowl champion and entrepreneur Tom Brady.
– The new investment will be used to accelerate growth and expand globally into new markets.

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Information Technology North America Services

Agro.Club Raises $5M to Accelerate International Expansion of Its Cloud-Based Agriculture Solutions With Embedded Finance

– Agr.Club announced a $20m Series A financing round.
– The round was led by Rabo Frontier Ventures and VentureFriends, with participation from Speedinvest and Elevator Ventures, as well as a number of agriculture industry executives.
– Agro.Club is used by seed, crop protection, animal nutrition companies, as well as other suppliers, to manage their sales and marketing campaigns with distributors and farmers from start to finish.

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Information Technology Services Western Europe

Kavida.ai Raises £300K in Pre Seed Funding

– Kavida.ai from London UK provides decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.
– The company raised £300K in pre seed funding.
– The round was led by QIMA, Sri Sharma, Pradeep Menon, Rohan Haldea and the PDS Multinational Group.
– The new investment will be used to expand operations and business reach.

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Information Technology Services Western Europe

Qumata Closes $10M Series A Funding

– Qumata (fka HealthyHealth Group), a London, UK-based life and health insurance underwriting tech company, closed a $10m Series A financing.
– The round was led by MMC Ventures with participation from AdirVentures and a number of other family offices, as well as existing investors including TMT Investments PLC.
– The company intends to use the funds to accelerate global expansion of the current offering, after launching the product commercially with multiple large, listed insurers in Europe, Asia Pacific, the UK and North America.

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Information Technology Services Western Europe

Sentinels Raises €5.7M In Seed Funding

– Sentinels, a Dutch AI-powered transaction monitoring startup, raised €5.7M in seed funding.
– The round was led by Inkef Capital, complemented by strategic angel investors and industry leaders – including several members of the early Adyen team, including its former EVP sales Thijn Lamers and Head of Growth Maikel Lobbezoo.
– The startup intends to use the funds to further build out the product and expand its operations into the UK and beyond Europe, to North America, LatAm and APAC.

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Europe Information Technology Services

Contents Raises $6M in Series A Funding

– Contents is a martech startup based in Milan, Italy.
– The company raised $6m in Series A funding.
– The round was led by Sinergia Venture, part of Synergo Capital, with participation from Fabio Cannavale (CEO of Lastminute) and Alberto Chalon (Founder of Qwant).
– The new investment will be used to expand operations and business reach.

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Information Technology North America Services

Lilli Raises £4.5M in Pre-Series A Funding

– Lilli, a London, UK-based SaaS company using machine learning to innovate home care, raised £4.5m in a pre-Series A funding.
– The round was organized by West Hill Capital.
– Led by CEO Gren Paull, CSO Kelly Hudson, and CCO Nick Weston, Lilli provides a machine learning powered SaaS platform to alleviate the pressures of caring for an ageing UK population with long-term health conditions, and advocates accessibility to the technology for all those that need it.

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Information Technology North America Services

OpsCruise Emerges From Stealth

– OpsCruise emerged from stealth today with $5m in Seed funding led by The Fabric and focused on the $17bn market opportunity for IT monitoring and observability.
– OpsCruise is the only actionable platform that enables enterprises to predict performance degradations and automate causal analysis in dynamic modern applications without proprietary software agents or code instrumentation.
– OpsCruise is currently working with 25+ customers, including several Fortune 500 companies in the financial services, telecom, tech and e-tailing industries.

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Benefits Financial Direct Sales Employee FinTech Health Care Health Insurance Insurance Medical North America Services Sharing Economy

KindHealth Concludes 2020 With $4 Million in Funding

– KindHealth announced $4m in funding.
– The round was led by David Jones of David Jones Capital, LLC.
– KindHealth is an Austin-based, all-in-one digital health insurance platform.
– KindHealth helps consumers find the best individualized and low-cost health insurance.

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Information Technology North America Services

Rhino Health Raises $5 Million to Improve AI Workflows in Healthcare Using Federated Learning

– Rhino Health, a healthcare AI company, has raised $5m in a Seed financing round.
– The round was led by LionBird Ventures and includes Arkin Holdings and several angel investors who bring extensive experience across healthcare, imaging technology, software and biotech.
– Rhino Health is the first company to offer a Federated Learning platform for healthcare, which enables the development of AI models that can be trained on data where it lives.
– Using Federated Learning, Rhino Health eliminates the complexity, expense and risk of moving and managing huge volumes of data.
– Rhino Health co-founder and CEO Ittai Dayan, MD, previously co-led the EXAM Study with NVIDIA researchers, which utilized Federated Learning.
– NVIDIA is collaborating with Rhino Health to bring the benefits of Federated Learning into the clinical setting.

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