The artificial intelligence (AI)-powered logistics platform 7bridges has raised $17 million to help transform supply chains, the U.K.-based company wrote on its blog Monday (Jan. 17). The round was led by Eight Roads, the London-based venture capital firm managing $8 billion in assets, with strategic...
Juro, the contract automation platform, has raised $23m in Series B funding, boosting its market valuation by more than five times, the London-based company announced Monday (Jan. 17). The company said it provides an automated all-in-one contract platform that allows attorneys and law firms to...
Global warehouse robotics company Exotec has closed a Series D funding round for $335 million at a $2 billion valuation, and it plans to use the fresh capital to launch large-scale deployments in North America, Europe and Asia for a number of global brands, according...
Like Main Street small- to medium-sized businesses (SMBs), upcoming consumer brands are continuing to prove their creativity, grit and acumen in the face of a malingering pandemic. Unfortunately, access to financing remains a major hurdle to entrepreneurs passionately pursuing their ideas. With traditional banks cautious...
If you work for a company called Bolt, it’s been a pretty good week. On Tuesday, we reported that the Estonia-based super app Bolt had wrapped its biggest funding round to date, taking in $714 million and raising the firm’s valuation to $8.4 billion. Read...
Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan. 14), citing unnamed sources familiar with the plans. The funding round is anticipated to take place in February. Freshippo is...
Lipa Later, the buy now pay later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a group of investors, KBC reported. The funding round, a mix of equity and debt, included backing from Cauris Finance, Lateral Frontiers Ventures, GreenHouse...
Last.app, the Barcelona-based startup, has received 2.2 million euros ($2.5 million) to expand its restaurant management platform, the company announced Thursday (Jan. 13). The company’s software was developed to simplify the day-to-day operations and management of restaurants. “With this round we begin a new phase,...
Superchat, an all-in-one messaging platform for small and medium-sized businesses (SMBs), has raised 13.6 million euros ($15.6 million) in a Series A round, EU-Startups reported. The funding round was led by London-based VC Blossom Capital, with participation from 468 Capital. This latest investment brings the Berlin-based tech startup’s...
