Investments

Investments
Hack the Box Gets $55M to Fight Cybercrime
January 12, 2023

Hack the Box has gotten $55 million in its campaign to help businesses fight cybercrime. The U.K. company, which bills itself as a “gamified continuous cybersecurity upskilling, certification, and talent assessment platform,” announced the Series B funding in a news release Wednesday (Jan. 11). Hack the...

Investments
Showroom B2B Raises $1.35M to Grow Apparel Supply Chain Platform
January 11, 2023

Supply chain platform Showroom B2B has reportedly raised $1.35 million in a seed round. Showroom B2B, which is focused on the fashion and apparel industry, combines both physical and digital features, The Economic Times reported Wednesday (Jan. 11). These features include physical “experience stores” in...

Investments
Paytient Raises $40.5M to Expand Health Payment Accounts Offering
January 11, 2023

Health payment accounts provider Paytient has raised $40.5 million in a Series B funding round. The new funds include $33 million in equity and $7.5 million in debt and will be used to scale growth and product development, Paytient said in a Tuesday (Jan. 10)...

Investments
40Seas Raises $111M to Grow Cross-Border Trade Financing Platform
January 10, 2023

40Seas has raised $111 million to grow its FinTech platform for cross-border trade financing. The firm emerged from stealth mode with the announcement of an $11 million seed funding round that is complemented by a $100 million credit facility for exporters and importers, 40Seas said...

Investments
InsurTech Superscript Bags $54.8M Series B
January 09, 2023

London-based InsurTech Superscript has raised 45 million pounds in a Series B funding round. The company announced the round in a press release on Monday (Jan. 9), stating that existing investor BHL UK, which owns insurance comparison business Comparethemarket, led the round. Other previous investors...

Investments
Volta Medical Raises $38M for AI-Powered Heart Treatment Software
January 05, 2023

MedTech startup Volta Medical has raised 36 million euros in a Series B funding round. Founded by three physicians and a data scientist in Marseille in 2016, Volta Medical develops artificial intelligence (AI)-powered software to help physicians treat complex cardiac arrhythmias. The 36 million euros...

Investments
Finclusion Group Rebrands as Fin, Nets $2M Startup Funding
December 28, 2022

The African FinTech group Finclusion Group has received $2 million in startup funding. The latest investment coincides with a company-wide rebranding with the group now going by the name Fin. Since it was founded in 2018, Fin has developed a range of FinTech products with...

Investments
Egypt’s Contact Wants to Boost Sustainability With ‘Green Finance’
December 26, 2022

Egyptian financial firm Contact wants to promote sustainability with a new product dubbed “Green Finance.” According to a Monday (Dec. 26) news release, the product will fund projects such as solar panels, irrigation systems, and greenhouses, as well as sustainable farming efforts. Green Finance lets...

Investments
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
December 23, 2022

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that startups in Europe, the Middle East and Africa (EMEA) have clearly felt the chill of...