San Francisco-based SuperAnnotate, a leading AI data management platform, has secured $36 million in a Series B funding round led by Socium Ventures. The round also saw participation from notable investors, including Nvidia, Databricks Ventures, and Play Time Ventures, bringing the company’s total funding to over $53 million. Co-founded by brothers Vahan and Tigran Petrosyan, […]
Strategic acquisition combines Nook’s award-winning AP automation with Modulr’s embedded payments expertise to streamline operations for UK and European businesses. Modulr, a leading embedded payments platform, has announced the acquisition of Nook, a disruptive innovator in accounts payable (AP) automation. This strategic move combines both companies’ expertise to address inefficiencies in business payments, eliminate manual […]
Amsterdam, Netherlands – November 14, 2024 – Just Eat Takeaway.com, a leading global online food delivery platform headquartered in Amsterdam, has entered into an agreement to sell its U.S.-based subsidiary, Grubhub, to the Wonder Group for an enterprise value of $650 million (approximately €612.83 million). This strategic transaction, expected to close in the first quarter […]
Stockholm, Sweden – November 14, 2024 – Klarna, the AI-powered global payments and shopping assistance network, has confidentially submitted its initial public offering (IPO) paperwork to the U.S. Securities and Exchange Commission (SEC). The Stockholm-based fintech unicorn, widely recognized for its innovative “Buy Now, Pay Later” (BNPL) solutions, has not yet disclosed the number of […]
SAN FRANCISCO–(BUSINESS WIRE)–Writer, a pioneering full-stack generative AI platform for enterprise applications, has announced a successful $200 million Series C funding round, elevating its valuation to $1.9 billion. Co-led by Premji Invest and Radical Ventures, with significant support from existing investor ICONIQ Growth, the funding round also saw participation from Salesforce Ventures, Adobe Ventures, B […]
Amsterdam, Netherlands – Sympower, a leading Amsterdam-based provider of flexibility services designed to support Europe’s shift toward a renewable energy system, has raised €21.3 million in an oversubscribed Series B1 funding round. The financing round was led by A&G Energy Transition Tech Fund (A&G ETTF) with additional investment from the European Investment Fund (EIF), alongside […]
Stockholm-based startup Nordic Air Defence has secured €1.2 million in a funding round led by Norway’s SNÖ Ventures, with additional participation from notable private investors, to advance its innovative drone defense platform. Sweden’s defense tech innovator, Nordic Air Defence, announced it has raised €1.2 million to accelerate the development and deployment of its breakthrough drone […]
Careem Pay Expands International Remittance Services to Five New European Countries Dubai, UAE — Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance service, now enabling UAE residents to transfer money to Spain, Italy, France, Ireland, and Germany. This latest expansion adds five new European countries to Careem Pay’s […]
Amsterdam, Netherlands – November 2024 – Invest-NL, the national investment and development institution of the Netherlands, has formalized a four-year strategic partnership with Bpifrance, France’s public investment bank. This collaboration, anchored by a newly signed Memorandum of Understanding (MoU), aims to bolster European innovation, sustainability, and entrepreneurial growth through shared knowledge, resources, and joint initiatives. […]
The Hague-based Bubty, a leading provider of Freelance Management Systems (FMS), announced today it has raised an additional €3 million in seed funding from its existing investors. This funding follows an initial €1.73 million round secured nearly a year ago and will drive the company’s global expansion of its compliance-focused solution, Bubty Services. Scaling Compliance […]
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