Modular Solutions Closes Funding Round
Modular Solutions, a Calgary, Canada-based provider of configurable insurance software, has closed a funding round. Investors The financing round was supported by a syndicate of local high-net-worth individuals and venture firms, including Clear North Capital, and was facilitated by Tailwind Ventures. Modular Solutions Use of Funds The company will use …
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Pimloc Secures $5 Million in Funding
Pimloc, a San Francisco, CA-based AI video privacy and analytics company, has secured $5 million in funding. Investors The round was led by Amadeus Capital Partners and Edge Ventures, with participation from Zetta Venture Partners, MD One, and Symvan Capital. Amadeus Capital Partners is a London, UK-based venture capital firm …
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Glartek Secures €2 Million in Funding
Glartek, a Leiria, Portugal-based provider of EHS connected worker solutions for the manufacturing and asset-intensive industries, has secured €2 million in funding. Investors The round was backed by Portugal Ventures and August One. Established in 2012, Portugal Ventures is a venture capital firm that supports early-stage startups in Portugal. It …
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PetroApp Raises $50 Million in Funding
PetroApp, a Saudi-based digital payments platform for fuel and vehicle services, has raised $50 million in a funding round. Investors The round was led by Jadwa Investment Company through its Jadwa Diversified Gulf Private Equity Fund, with additional participation from Banat Ventures. Jadwa Investment is a Shariah-compliant investment management and …
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Quorso Secures Growth Investment from Summit Partners
Quorso, a London, UK-based provider of intelligent operations software for multi-store retailers, has secured a minority growth equity investment. Investors The investment was from Summit Partners, a growth-focused investment firm. Summit invests across growth sectors of the economy and, since its founding in 1984, has invested in over 550 companies …
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Things, Inc. Secures ¥320 Million in Funding
Things, Inc., a Tokyo, Japan-based provider of a SaaS-native product lifecycle management (PLM) platform for manufacturing, has secured an investment totaling approximately 320 million yen. Investors Participating investors include i-nest No. 2, ME Innovation, Shinhan-GB Future Flow, Kiyo Growth Support No. 2, LAUNCHPAD FUND No. 2, STATION Ai Central Japan …
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NineID Raises €3.5 Million in Funding
NineID, a Ghent, Belgium-based platform that helps companies manage external contractors, has raised €3.5 million in a funding round. Investors The round was led by Pitchdrive, with participation from returning investor Entourage and investment firm Aconterra. Pitchdrive is a venture capital firm based in Antwerp, Belgium, focused on pre-seed and …
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