Digital First AI Secures €3.5 Million in Funding
Digital First AI, a Kraków, Poland-based marketing technology startup, has secured €3.5 million in seed funding. Investors The funding round was led by 4Growth VC, with notable participation from Plug&Play and Sher Ventures (USA), Hub71 (UAE), and the owners of McCANN Poland, founders of 45Avenue Group. 4Growth VC is a …
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TRAIT Secures €1 Million in Seed Round
TRAIT, previously twaiv, a Berlin, Germany-based company that provides AI training platform, has secured €1 million in seed funding. Investors The round was from HTGF, better ventures, and other private investors. TRAIT Use of Funds The company will use the funding to support further development of its AI training platform. …
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OTO Secures $8 Million in Series A
OTO, a Riyadh, Saudi Arabia-based logistics and shipping technology company, has secured SAR 30 million ($8 million) in Series A funding. Investors The round was led by Sanabil Investments, with participation from Sadu Capital, Iliad Partners, Propeller, and Soma Capital. Founded in 2009, Sanabil Investments is an asset management firm …
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Cohere Raises $500 Million at $5.5B Valuation
Cohere, a Toronto, Canada-based generative AI startup, has raised $500 million in Series D funding, at a $5.5 billion valuation. Investors The investment came from investors such as Cisco, AMD, and Fujitsu. This round also included participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, …
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StepHow Secures Funding Round
StepHow, a Seoul, South Korea-based startup that specializes in developing AI-driven automation solutions for business manuals, has secured initial investments. Investors The investment was from Mashup Ventures, The Ventures, and Antler Korea. StepHow Use of Funds The company will use the funding to enhance its AI-driven solutions for automating business …
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CNRI Raises Pre-Series A Funding
Carbon Neutral Research Institute (CNRI), a South Korea-based provider of life cycle assessment (LCA) solution, raised pre-Series A funding. Investors The round was from notable investors, including Seoul Techno Holdings, GS Ventures, and MYSC. CNRI Use of Funds The company will use the funding for its SaaS platform, LynC. About …
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Botrista Secures $120 Million in Series C
Botrista, a San Francisco, CA-based developer of data-driven automated beverage platform, has secured $120 million in Series C funding. Investor The round was led by Jollibee Foods Corporation (JFC), a global restaurant conglomerate with 18 brands operating in 33 countries. JFC invests in companies that enable food service operators to …
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