Technology Funding and Finance Archives

26 Nov

Buguroo raises $11m to expand deep learning fraud detection tech

Madrid-based cybersecurity startup buguroo has raised $11m in a Series A funding round, enabling it to expand its deep learning-based tools and expand its products to new markets.

14 Nov

Threekit nets $20m to expand augmented reality platform for brands

Product visualisation software platform Threekit has announced that it has raised $20m in a Series A funding round to expand its augmented reality and 3D services for brands.

7 Nov

Data is driving M&A activity in the tech sector: Deals interview

Total technology industry M&A deals worth $82.77bn were announced in the second quarter of 2019, according to GlobalData.

1 Nov

Google acquires Fitbit in $2.1bn move into wearables

Google owner Alphabet has signed an agreement to acquire Fitbit in a deal that values the wearables firm at $2.1bn.

28 Oct

Crypto

Zamna raises $5m for blockchain-powered airport security tech

UK aviation security firm Zamna has raised $5m in its latest funding round for its blockchain-powered passenger verification platform.

25 Oct

Urban air mobility hopeful Volocopter draws Micron investment in Series C round

Volocopter, one of the key contenders in the emerging urban air mobility industry, has drawn investment from automotive memory supplier Micron Technology as part of its Series C funding round.

22 Oct

GKN Powder Metallurgy acquires Forecast 3D in 3D printing push

Leading plastic additive manufacturing provider Forecast 3D has been acquired by GKN Powder Metallurgy, the largest producer of metal power and parts in the world.

17 Oct

Winnow nets $20m funding to combat global food waste with AI

Winnow, a startup using artificial intelligence (AI) to cut waste in the food services industry, has announced that is has raised $20m funding in the last month, in part through a series B funding round.

10 Oct

AI-based spell checker Grammarly raises $90m to take value above $1bn

Artificial intelligence-based grammar and spell-checking tool Grammarly has closed a $90m funding round, taking the startup’s value to more than $1bn.

8 Oct

Boeing invests $20m in Virgin Galactic space tourism

Aerospace giant Boeing has announced that it is investing $20m in Virgin Galactic to “broaden commercial space access and transform global travel technologies”.

7 Oct

Blockchain startup Verisart raises $2.5m to combat art fraud

Verisart, a startup applying blockchain to the arts and collectibles industry, has announced that it has raised $2.5m in a seed funding round.

3 Oct

Biotech startup AmacaThera nets $3.6m to ‘redefine’ therapeutic delivery

Canadian biotechnology startup AmacaThera has closed $3.6m seed financing round to help it commercialise its proprietary technology to improve drug delivery.

1 Oct

Data science collaboration disruptor Saturn Cloud nets $4m seed funding

US-based data science startup Saturn Cloud has secured $4m funding just weeks after incorporating.

24 Sep

Everledger funding round raises $20m despite blockchain investment slowdown

Blockchain startup Everledger has secured $20m in a Series A funding round led by Chinese technology conglomerate Tencent.

19 Sep

WordPress creator Automattic raises $300m as it bids to ‘power the internet’

Automattic, the creator of internet publishing platform WordPress, has raised $300m in a Series D funding round.

17 Sep

SoftBank boosts funds of car leasing app Fair

Japanese conglomerate SoftBank Group is among a group of creditors that have handed $500m in loans to car leasing app Fair, as the startup seeks to rapidly scale its partnership with ride-hailing giant Uber.

13 Sep

Element AI nets £123m to advance enterprise artificial intelligence

Element AI, a developer of enterprise-targeted artificial intelligence products, has announced that is has raised CAD $200m (£123m) in a Series B financing round.

12 Sep

CryptoKitties creator gets $11m to launch blockchain for entertainment industry

Dapper Labs, the company behind blockchain game CryptoKitties, has announced that it has received $11m in funding to launch Flow, a blockchain designed to enable the entertainment industry to launch decentralised applications at scale.

12 Sep

Healthy.io nets $60m for smartphone-based kidney disease test

Healthy.io, a company turning smartphone cameras into clinical-grade medical devices to detect chronic kidney disease, has announced that it has raised $60m in Series C funding to roll out the product around the world.

9 Sep

Porsche boosts electric car presence with Rimac stake increase

Sports car maker Porsche has boosted its presence in the electric car market by increasing its stake in electric vehicle manufacturer Rimac Automobil.

6 Sep

“World’s best solar cell” poised for launch as SoftBank doubles investment

SoftBank Group has doubled its investment in Exeger, a Swedish company making what it describes as the “world’s best solar cell”, in order to help bring the technology to market.

21 Aug

Porsche revs up driverless car efforts with TriEye investment

Porsche TriEye driverless cars investment

Porsche is stepping up its involvement in the driverless car space with a strategic investment in Israeli startup TriEye.

20 Aug

Starship Technologies announces $40m Series A funding for robot delivery expansion

Delivering over 6,000 pizzas, 7,000 gallons of milk, 8,000 coffees, 9,000 sushi rolls, 15,000 bananas and over 3,700 nappies since its launch in 2014, Starship Technologies has rightfully earned its place at the forefront of the delivery robot market.

19 Aug

The Verdict Network

Logistics

Consumer

Financial Services

Healthcare

Energy

Other

Verdict Email The issues you care about

Funding and finance