Illumex, a Tel Aviv, Israel-based generative semantic fabric platform designed to optimize structured enterprise data for generative AI (GenAI) applications, has secured $13 million in seed funding. Investors The round was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with additional support from ICI Fund, Jibe Ventures, Iron Nation …
Nitro Commerce, an India-based startup that provides a revenue-as-a-service platform, has secured Rs 15 crore ($1.8 million) in seed funding. Investors The round was led by Cornerstone Ventures, with participation from Warmup Ventures, Lead Angels, Dholakia Ventures, India Accelerator, and notable individual investors such as Arjun Vaidya, Kunal Khattar, Nikunj …
Connect Money, an Egypt-based banking-as-a-service fintech company focused on embedded finance services, closed an $8 million seed round. Investors The round was led by Disruptech Ventures and Algebra Ventures. Disruptech Ventures is a fintech venture capital firm based in Egypt, specializing in early-stage fintech and fintech-enabled startups. They aim to …
Datachamps, a Nashik, India-based AI startup specializing in transforming data into actionable insights through its workflow solutions, secured $500,000 in seed funding. Investors The round was led by Windrose Capital, with participation from other investors. Founded in 2013, Windrose Capital is a venture capital firm based in Pune, India. It …
TopicFlow, a Vancouver, BC, Canada-based AI-powered performance management platform, raised CAD 2.5 million ($1.8M USD) in funding. Investors The round was led by Founders' Co-Op, with additional participation from Ascend. Founded in 2008, Founders' Co-Op is a venture capital investment firm based in Seattle, Washington. The firm prefers to invest …
Upword, a Santa Monica, CA-based provider of knowledge management solutions, raised $3 million in a pre-seed funding round. The company has also announced the launch of its AI-powered research companion tool. This tool leverages Generative AI to transform research by using user-provided data. Investors The investors in the round includes …
Daytona, a New York-based platform that manages open-source development environments, has raised $5 million in seed funding. Investors The round was led by Upfront Ventures with participation from existing investor 500 Emerging Europe. Upfront Ventures is a Santa Monica-based venture capital firm that invests in early-stage technology companies. Founded in …
