Fundraising

Froda secures $23M Series B for its debt financing platform for SMEs

Fundraising /

Swedish Fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend towards the ’embedded finance’ model.  Largely operating in northern European countries from […]

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Noxtua raises $92M for its sovereign AI tuned for the German legal system

Fundraising /

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor

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PHNX Materials found a way to decarbonize concrete using dirty coal waste

Fundraising /

Coal-fired power plants have done their fair share of damage over the past century. From climate change to acid rain, black lung to heart disease, they’ve generally been on the debit side of the ledger.  But lurking in the literal ashes is something of a minor climate savior. “Ash can be used to replace up

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Wasp’s platform is the glue that holds web dev apps together

Fundraising /

When Matija Šošić started working in web development, he was surprised by how hard it was to build a full-stack production-ready web application. One of the biggest hurdles Šošić faced was navigating the fragmented dev tooling landscape. Coding a web application required utilizing different tools for developing the front-end versus the back-end, and so on.

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Telli, a YC alum, raises pre-seed funding for its AI voice agents

Fundraising /

Former Y Combinator startup telli is helping companies alleviate the bottleneck that occurs when a high-volume of customers try to, for example, book appointments. Its AI voice agents kick in and handle basic operations while handing off more-complex processes to human operators. The Berlin-based startup has now raised $3.6 million in a pre-seed funding round led

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Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation

Fundraising /

U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers who have been overlooked or priced out of traditional insurance. Now, with a million drivers insured and a profitable annual revenue run rate of $500 million, Marshmallow has raised a

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Accel and Paladin Capital Group join the stage at StrictlyVC London

Fundraising /

Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel

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Mira Murati’s AI startup is reportedly aiming for a massive $2B seed round

Fundraising /

Thinking Machines Lab, the new AI startup from ex-OpenAI CTO Mira Murati, is reportedly attempting to close one of the largest seed rounds in history. Business Insider reported on Thursday that Thinking Machines Lab has doubled the target for its seed funding round to $2 billion. The round, should it close according to plan, would

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