Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by British venture capital firm Atomico. Released Tuesday (Nov. 28), it projects funds raised by Europe’s tech startups will reach around...
Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. “This is our first step towards our expansion across LatAm,” the company said in a Monday (Nov. 27) post on LinkedIn....
Mozaic has raised $20 million to expand its payment platform for creators. “We are thrilled to announce Mozaic’s $20M raise from Volition Capital to help creators and teams all over the world get paid together,” the company said in a Monday (Nov. 27) post on...
eCommerce-focused AI firm Birdseye has raised $3 million to help retailers launch “hyper-personalized” campaigns. The Toronto-based company announced the seed funding Wednesday (Nov. 22), saying it would use the financing to bolster its hiring efforts. “Our technology isn’t about generic promotions or marketing campaigns; it’s about enabling retailers to...
Relay raised $10 million in seed funding to expand its delivery service for retailers across the United Kingdom. “We began Relay with a vision to overhaul the traditional delivery network, creating a full-stack delivery service to meet the dynamic needs of modern eCommerce retailers and their...
Phare Health raised 2.5 million pounds (about $3.1 million) in a seed round to expand its artificial intelligence-native financial operating system for healthcare organizations. The London-based startup is focusing first on solving the pain points around medical coding, according to a Wednesday (Nov. 22) post...
Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding to grow its software that automates and optimizes debt operations for asset financing, EU-Startups reported Monday (Nov. 20). Fence did...
Siena has raised $4.7 million to continue building its autonomous artificial intelligence (AI) solution for customer service. The company’s solution, Siena AI, already autonomously handles up to 80% of customer interactions across 100 languages and channels that include email, text, social direct messages (DMs) and...
Menlo Ventures has raised $1.35 billion to invest in artificial intelligence (AI) ventures. The new capital will be split between early-stage fund Menlo XVI and early growth fund Menlo Inflection III, partner Matt Murphy told Bloomberg News Thursday (Nov. 16). The focus will be on fledgling AI companies...
