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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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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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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GeniusTravel Raises €2 Million in Funding
GeniusTravel, an Amstelveen, Netherlands-based travel technology startup, has raised €2 million in funding. Investors The funding comes from anonymous private investors who support the company’s vision of using AI to transform the travel booking experience. GeniusTravel Use of Funds The company will use the funding to support the rollout of …
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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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CyberQP Receives Funding From CIBC Innovation Banking
CyberQP, a Vancouver, Canada–based provider of Zero Trust helpdesk security solutions, has received funding from CIBC Innovation Banking. Investors CIBC Innovation Banking offers growth capital loans, venture debt, working capital lines, and specialized financial products. The institution manages over $11 billion in funds and supports the life sciences, healthcare, and …
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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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