Syrup has raised $17.5 million in a Series A round to expand its artificial intelligence (AI)-powered platform that helps brand optimize their inventory for omnichannel commerce. The firm will use the new funding to add to its engineering, product and sales teams and expand its platform,...
Kognitos, a builder of generative artificial intelligence (AI) for business automation, has completed a $20 million Series A funding round, bringing its total venture capital raised to $30 million. This company will use the new funding to enhance its platform capabilities, expand its partnerships and...
Embedded financing company Enfuce has raised $9.3 million to expand into new markets. The Finnish firm’s follow-on investment round was led by Vitruvian Partners, with participation from Maki.vc and Visa, according to a Thursday (Nov. 30) press release. It comes amid a continued downturn in...
Oxx has raised $190 million to invest in European B2B software-as-a-service (SaaS) companies at the scale-up stage. The company aims to support companies with strong fundamentals that can generate sustainable, capital efficient and consistent growth, Richard Anton, co-founder and general partner at Oxx, said in...
Wormhole, an interoperability platform for blockchains, has secured $225 million in a funding round, valuing the company at $2.5 billion. This investment will enable Wormhole to continue delivering essential infrastructure for Web3, the company said in a Wednesday (Nov. 29) press release. “We are ecstatic to...
Money transfer FinTech Paysend has raised $65 million in a new funding round. The round, announced Wednesday (Nov. 29), follows Paysend’s recent partnership with Mastercard, which allows the company to enhance cross-border payments for small- to medium-sized businesses (SMBs) through its Open Payments Network (OPN). “This significant investment is a testament to...
PayGround raised $19.7 million in a Series A funding round to support the growth of its healthcare payments platform. The company will use the capital to expand into hospitals and health systems, building on its success in the ambulatory market, and add to its senior...
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....
