Investments

Investments
Relay Raises $10 Million to Expand Delivery Service Across UK
November 22, 2023

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...

Investments
Phare Health Raises $3.1 Million to Expand Financial Operating System
November 22, 2023

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...

Investments
Spanish FinTech Fence Raises $2 Million for Debt Management Software
November 20, 2023

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...

Investments
Siena Raises $4.7 Million for Customer Service-Focused Autonomous AI Solution
November 17, 2023

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...

Investments
Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
November 16, 2023

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...

Investments
Crisp Raises $37 Million to Expand Dutch Grocery Delivery
November 16, 2023

Grocery app Crisp has raised $37 million to enhance its seasonal/local food-focused delivery service. The Amsterdam-based company announced the funding in a Thursday (Nov. 16) press release, saying it would help Crisp deliver “better food for the many” in its core markets of the Netherlands...

Investments
Blockchain Payments Firm Fnality Raises $95.2 Million
November 14, 2023

Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman Sachs and BNP Paribas. CEO Rhomaios Ram told Bloomberg the company will use the investment to fund the operations and...

Investments
VC Firm Interplay Raises $45 Million for Software Companies
November 13, 2023

New York-based venture capital (VC) firm Interplay has reportedly closed its third fund, raising $45 million in capital commitments. The firm specializes in investing at the Series A stage and focuses primarily on software companies, including B2B marketplaces and vertical software, TechCrunch reported Monday (Nov....

Investments
Black Ore Raises $60 Million and Debuts AI Tool for Accountants
November 07, 2023

Artificial intelligence (AI) startup Black Ore emerged from stealth after raising $60 million. The company, founded by FinTech entrepreneurs Eyal Shinar and Pavel Kapovski, rolled out its first product, Tax Autopilot, which uses AI to study tax law and simplify tax preparation for accountants, according...