Belfast Software Firm Announces $11 Million Funding Round
- 1 year 1 month ago
- Fundraising News
The slowdown in venture capital-led tech sector investment hasn’t proven to be a setback for Cloudsmith, a Belfast-headquartered software supply chain management firm, which has today, Tuesday 28 November, announced $11 million (£8.8 million) in Series A2 financing. The company will use the funds to scale operations as it serves its global client base, including leading software companies such as Shopify, PagerDuty, Font Awesome, HP and... more
Saviu Ventures Raises €12 Million
- 1 year 1 month ago
- Fundraising News
Saviu Ventures, one of the leading Venture Capital firms in Francophone Africa, reached the first close of its second fund Saviu II, backed by private investors and family offices, to continue investing in the region’s most promising start-ups.
Smarter Contracts Secures £2.65M Investment to Fuel Rapid Business Expansion
- 1 year 1 month ago
- Fundraising News
Smarter Contracts, the pioneers behind Pulse®, a cutting-edge blockchain-based consent and permissions management protocol, have today announced that they have agreed to up to £2.65M of equity funding into the company. The investment sets the stage for an exciting phase of rapid expansion for the UK-based data privacy tech company and positions them as one to watch in 2024.
Canadian Fintech Simplifying SME Payments Closes Seed Round with $2M in Funding
- 1 year 1 month ago
- Fundraising News
Peloton Technologies is announcing the close of its late seed round after securing $2M in investment. This funding is earmarked for activities that contribute to the company’s rapid growth trajectory.
Fintech Company ID Finance Secures €12M Credit Line from a European Listed Bank
- 1 year 1 month ago
- Fundraising News
ID Finance, a prominent FinTech company, has achieved a significant milestone by securing a €12m credit line from a listed bank. The financing agreement is set to bolster ID Finance’s consumer lending operations in Spain, where it has already established a strong presence with over two million unique registered users. This move is expected to solidify ID Finance’s standing as the top alternative lending brand in the Spanish market.
Nigerian Trade Finance Startup FrontEdge Secures $10M
- 1 year 1 month ago
- Fundraising News
Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.
Lasso Security Emerges from Stealth With $6 Million Seed Funding to Pioneer Gen AI and Advanced LLM Cybersecurity
- 1 year 1 month ago
- Fundraising News
Lasso Security, innovators in Large Language Models (LLMs) cybersecurity, announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there's a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI.
UK SME Payments Fintech Crezco Raises $12M, Announces its Technology Partnership Enabling a New Xero Feature
- 1 year 1 month ago
- Fundraising News
Crezco, a UK fintech company using open banking to make B2B invoice and bill payments as convenient as B2C card payments, has achieved several major business milestones through securing funding and integrating its technology into global small business platform Xero.
Indy Raises 40 Million Euros in a Series C Funding
- 1 year 1 month ago
- Fundraising News
Indy, a French fintech start-up helping to automate accounting for sole traders and freelancers, has raised €40 million ($44 million) in a Series C funding round led by European private equity firm BlackFin Capital Partners. Other participants in the round include Paris-based investment company La Maison and Toulouse-based private equity firm iXO.
Kiwi Secures $13M in Series-A Funding Led by Omidyar Network India
- 1 year 1 month ago
- Fundraising News
Kiwi, one of India’s leading FinTech companies that is transforming the credit card landscape in India, has raised $13 million (Rs. 108 Crore) in a Series-A funding round led by Omidyar Network India.
TRIVER Raises Further £20M to Provide Small Businesses with Instant Capital in a Click
- 1 year 1 month ago
- Fundraising News
SME working capital provider TRIVER has raised a further £20m to revolutionize how small businesses can access finance. The deal – a £20m debt facility with Luxembourg-based Avellinia Capital – will enable TRIVER to offer over £200m of funding annually to help small businesses in the UK and further its product development.
Menlo Raises $1.35 Billion to Fund a New Generation of Startups
- 1 year 1 month ago
- Fundraising News
Menlo Ventures announced the close of $1.35 billion in new capital that will be invested by a flagship venture fund, Menlo XVI; Menlo Inflection III; and their affiliated funds—with a mandate to invest in promising technology companies leading the AI transformation.
Octopus Investments Launches £35M Fundraise for its Apollo VCT
- 1 year 1 month ago
- Fundraising News
Octopus Investments, part of Octopus Group and the UK’s largest Venture Capital Trust (VCT) fund manager, today announced the launch of a new £35 million fundraise for its Octopus Apollo VCT (Apollo VCT).
Kinto Raises $5 Million to Launch First KYC'd Layer 2 Blockchain for Financial Institutions and Decentralized Protocols
- 1 year 1 month ago
- Fundraising News
Kinto, the first KYC'ed Layer 2 blockchain capable of supporting both financial institutions and decentralized protocols, announced today it has raised $5 million in two funding rounds to power its future as a secure and compliant network for financial apps on Ethereum.
CFX Labs Closes $9.5 Million Seed Round to Continue the Rapid Transformation Of Global Payment Processing and Monetization
- 1 year 1 month ago
- Fundraising News
CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding.
