Investments

Investments
Google-Backed Lawhive Raises $11.8 Million for Online Legal Platform
April 15, 2024

Online legal platform Lawhive has secured 9.5 million pounds ($11.8 million) in funding from GV (Google Ventures) and Episode 1 Ventures. The company will use the new funding to further its mission of providing an artificial intelligence (AI)-powered platform designed to help lawyers save time...

Investments
Guesty Raises $130 Million to Expand Short-Term Rental, Hospitality Platform
April 10, 2024

Guesty raised $130 million in a Series F funding round to expand the capabilities and global footprint of its property management software platform for the short-term rental (STR) and hospitality industry. The funding round comes as the growth in demand for STRs has been outpacing that...

Investments
Basemark Raises $23 Million For Augmented Reality Automotive Software
April 09, 2024

Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that help automotive original equipment manufacturers (OEMs) to develop AR applications for their cars via its Rocksolid AR software development tools. The...

Investments
PayPal Ventures Backs Hyperlocal Marketing Firm SingleInterface
April 04, 2024

India-based “hyperlocal marketing-to-commerce” firm SingleInterface raised $40 million in new funding. The funding round was led by Asia Partners, with participation by PayPal Ventures, according to a Thursday (April 4) press release. Founded by entrepreneurs Tarun Sobhani and Harish Bahl, the company works with brands in India, Southeast Asia and the Middle East to...

Investments
Brim Financial Plans International Expansion After $85 Million Series C
April 03, 2024

FinTech infrastructure firm Brim Financial has raised $85 million in a Series C funding round. “This funding will accelerate Brim’s growth and fuel our international expansion,” Rasha Katabi, CEO and founder of Brim Financial, said in a news release Wednesday (April 3). She added that the funding will help Brim...

Investments
Scayl Raises $108 Million for FinTech Lenders
April 03, 2024

Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps clients fund their loan books with more speed and flexibility than working with banks or credit funds, the Swedish company...

Investments
VC Investors Face ‘Tough Math’ as Deal-Making Slows
April 03, 2024

Last year was the worst year for venture capital funding since 2016. So far, 2024 isn’t shaping up to be much better. Venture firms raised $30.4 billion from foundations, university endowments and other institutional investors in the first quarter of the year, a decline from 2023,...

Investments
Datavolo Raises $21 Million to Build Multimodal Data Pipelines for AI
April 02, 2024

Datavolo has raised $21 million to continue helping customers build scalable and secure multimodal data pipelines for artificial intelligence (AI).  The company will use the new capital to harness Apache NiFi, which was created at the National Security Agency (NSA) to handle secure pipelines of...

Investments
Luminance Raises $40 Million for Legal Industry AI Tools
April 02, 2024

Legal document-focused artificial intelligence (AI) firm Luminance has raised $40 million. The Series B funding round, announced Tuesday (April 2), will help Luminance strengthen its foothold in the U.S., which accounts for a third of its revenue, the British company said in a news release.  “Luminance’s specialist legal...