Recovo raises 1 million euros to boost circularity in the fashion industry
Recovo, the comprehensive end-to-end circular solutions platform for the fashion industry, closes a €1 million financing round. The deal is led by Zubi Capital through its new impact and diversity Venture Capital fund, and HearstLab. They are joined by Bolsa Social and Club Impact Angels and existing investors who had already backed Recovo, including Telegraph […]
Erudit raises $10M Series A to help companies ditch surveys and embrace AI to transform the employee experience
Erudit, a global AI company that helps leaders improve culture and productivity, announces its $10M Series A round led by Conexo Ventures, Athos Capital, Ignia Partners, True Blue Partners and Fondo Bolsa Social. The funds will fuel Erudit’s workforce intelligence technology development and revenue’s growth. Erudit’s software-as-a-service uses AI to get action on over 100 […]
REVEL secures €115 million to boost its car subscription business in Spain
REVEL, a Spanish company specializing in digital car subscription services, has successfully completed a transaction totaling €115 million. The transaction has been implemented in collaboration with Santander Consumer Finance and credit funds and accounts managed by KKR, among other parties. This funding round, which comprises a €15 million capital investment as well as the establishment […]
Insurtech Bdeo raises additional €7.5M for international expansion
Bdeo, a fast-growing technology company providing Visual Intelligence for the insurance and fleet industries, has raised an additional €7.5 million to accelerate its international expansion and strengthen its position across Europe and Latin America. The new financing came from new investors Armilar, Hollard, The Centre for the Development of Industrial Technology (CDTI), and Íope Ventures, […]
REVER raises 7.5M€ to solve the problem of online returns
REVER, the pioneering startup redefining the landscape of ecommerce returns with its seamless and innovative process, announces the successful closure of its seed funding round, securing an investment of 7.5 million euros in its first year. Spearheaded by industry-leading investors such as Y Combinator, Mundi Ventures (who has Klarna and Returnly in their portfolio), Barlon […]
Trucksters closes €33 million Series B round backed by Continental, Volvo Group and the EIB
Trucksters, the Spanish road freight operator which has disrupted the long-haul sector with the use of AI and big data, has closed a Series B round of 33 million euros. The new capital injection, backed up by new and existing investors, will be used to fulfil some of the company’s strategic objectives including electrifying its […]
Signalit secures €11.6 million to fuel expansion and product construction
Software-as-a-Service (SaaS) startup Signalit today announced a capital investment co-led by global software investor Insight Partners and Kibo Ventures, representing a vote of confidence in the company’s strategy and leadership. With additional support from a diverse group of investors, Signalit has received a total of €11.6 million in funding. Signalit is the first SaaS startup […]
Spanish startup CargaTuCoche raises a €3 million funding round
The Spanish startup CargaTuCoche has managed to close a €3 million financing round with the main objective of consolidating its business in Spain and becoming a market leader in the private charging points market. The round was carried out by the investment fund Return, René de Jong (Business Angel) and some of the current investors […]
“Winning the Zinemaldia & Technology Startup Challenge in 2019 was a significant milestone for our project”
Founded in 2018 as a spin-off from the prestigious Swiss university EPFL, Largo.ai has continued to collaborate with highly recognized scientists from EPFL to provide next-generation storytelling tools for the audiovisual industry using artificial intelligence. Headquartered at the EPFL Innovation Park in Lausanne, an ecosystem for world-class start-ups and companies, Largo.ai also has presence in […]
Jotelulu raises €4M to help IT companies easily deliver cloud services to SMEs
Jotelulu, a platform that helps transform IT companies into cloud service providers, announced today it has successfully closed €4 million in a Series A round of investment. Adara Ventures, one of the leading European deep tech funds, led the round, with participation from US-based fund G2A Investment Partners and previous investors Fundación Bankinter and Big […]