11xAI Closes $2 Million in Pre-Seed Round
11xAI, a London, UK-based company that builds automated digital workers that can be used instead of human employees, closed $2 million in a pre-seed funding round led by Project A Ventures and launched its AI-powered service. The round also included participation from No Label Ventures, Tiny Ventures, and angel investors …
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InnerSpace Raises $10 Million CAD in Series A
InnerSpace, a Toronto, Canada-based provider of a SaaS-based space utilization platform that leverages existing Wi-Fi infrastructure, raised $10 million CAD in Series A funding. The round was led by Yaletown Partners, with previous round participants including BDC and IAF. The funds will be used to accelerate its product development roadmap …
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Datamotive Secures $3.8 Million in Pre-Series A
Datamotive, a Pune, India-based company specializing in cloud workload portability solutions for global organizations, has secured $3.8 million in a Pre-Series A funding round. The round was led by Morphosis, a Dubai-based venture capital firm, and included participation from 3one4 Capital, YourNest Venture Capital, and Patni Group. The new funding …
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INRIX Secures $70 Million in Funding
INRIX, a Kirkland, WA-based provider of transportation analytics and connected car services, secured a $70 million financing. The round was from investment funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Tactical Value (together, "Morgan Stanley Investment Management"). The funding will be utilized to fuel the company's strategic growth …
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Shaktimaan.ai Raises $2 Million in Seed Round
Shaktimaan.ai, a Bangalore, India-based artificial intelligence (AI)-based edtech startup, raised $2 million (Rs 16.5 crore) in a seed funding round. The investment was from startup YCombinator, Fundersclub, and GoodWater Capital, along with Misbah Ashraf and Nishchay AG (Jar), amongst others. The startup will deploy a significant percentage of the fund …
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Matrixian Group Raises €1.5 Million in Funding
Matrixian Group, an Amsterdam, NL-based technology company strengthening its position in the real estate sector with innovative data and AI services, received a new €1.5 million investment from Pride Capital Partners, alongside the prior €2 million funding, to stimulate technological growth and international expansion. The company uses data and Artificial …
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Sereact Raises $5 Million in Seed Round
Sereact, a Stuttgart, Germany-based provider of advanced robotics solutions, raised $5 million in a seed funding round led by Point Nine and Air Street Capital. Existing and new angels are also participating in the round including Alexander Diehl; Oliver Cameron (VP Product of Cruise, Co-Founder of Voyage); the Founders of …
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