Fundraising

Alpaca raises $52M Series C to take its API brokerage platform to new markets

Fundraising /

For all the turmoil these days, the U.S. stock market remains extremely attractive to investors around the world, simply because of its sheer size and liquidity. But it’s still quite difficult for investors in other parts of the globe to trade stocks on U.S. exchanges. A San Mateo-based startup called Alpaca has quietly capitalized on […]

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Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity

Fundraising /

Small and medium businesses are the newest targets for cybersecurity attacks, with 1 in 3 breached last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand. Insight Partners and Entrée Capital are co-leading the round, with previous backers

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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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