Prins AI Closes $22 Million in Series A+
Prins AI, a Lakewood, CO-based provider of an AI-driven digital persona training product, closed a $22 million Series A+ funding round. The company intends to use the funds to advance deep learning technologies, expand the team, strengthen product development capabilities, and enhance the effectiveness of marketing and sales efforts. Prins …
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Fineos Raises A$40 Million in Funding
Fineos, a Dublin, Ireland-based insurance software company raised A$40 million to strengthen its balance sheet and provide general working capital. The funding raised comprises a fully underwritten A$35 million institutional placement and a A$5 million “conditional placement” from Fineos founder and CEO Michael Kelly. The latest funding will be used …
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Mercanis Raises $10 Million in Seed Round
Mercanis, a Berlin, Germany-based provider of procurement software solutions, raised $10 million in a seed funding round led by Singals.VC, DI Technology, and Speedinvest. Notable entrepreneurs and angels such as Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana), and Victor Jacobsson (Klarna) also participated. The funding will be used …
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Electric Sheep Raises $500,000 in Pre-Seed Round
Electric Sheep, a London, UK-based AI visual effects startup, raised $500,000 in oversubscribed pre-seed funding. The round was led by Dasein Capital and included Spatial Capital and Look AI Ventures. The funds obtained will be directed toward the further development and enhancement of the Spotlight platform. Electric Sheep has developed …
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ProjectDiscovery Raises $25 Million in Series A
ProjectDiscovery, a San Francisco, CA-based open-source powered security company that specializes in the detection of new, exploitable vulnerabilities, secured $25 million in a Series A financing round led by CRV. Other participants in the funding round include Point72, SignalFire, Rain Capital, Mango Capital, Accel, Lightspeed, Guillermo Rauch, Caleb Sima, Talha …
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Micronotes Raises Additional $2 Million in Series C
Micronotes, a Boston, MA-based financial technology company announced that it has closed a $2 million extension to its Series C funding. This additional investment was made by BankTech Ventures, LP (BTV), a venture capital firm specializing in investing in strategic technology companies serving the community banking industry. Micronotes delivers cloud-based …
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Spectrum Effect Raises $1.9 Million in Funding
Spectrum Effect, a Kirkland, Washington-based startup, raised $1.9 million in funding for its artificial intelligence-based network interference mitigation software for mobile networks. The round was led by a group of primarily Seattle-based angel investors, with notable support from Joseph Landy, the former co-CEO at Warburg Pincus. The funds will enable …
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