Foliume, a Madrid, Spain-based startup leveraging AI to automate and optimize insurance distribution processes, has raised US$1 million in funding. Investors The round was led by Belgian fund Pitchdrive, with additional investment from Íope Ventures. Pitchdrive is a Belgian early-stage venture capital (VC) firm focused on supporting European startups from …

Alrik, a Stockholm, Sweden-based startup providing logistics software for the construction sector, has raised fresh funding, bringing its total raised to €7 million. Investors The round was led by Nordic VC People Ventures, with continued support from returning investor Pi Labs. People Ventures is a Denmark-based venture capital firm that …

Grammarly, a San Francisco, CA-based AI assistant for communication and productivity, has secured $1 billion in financing. Investors The round was led by General Catalyst, a global investment and transformation firm that partners with the world’s most ambitious entrepreneurs to drive resilience and applied AI. General Catalyst supports founders with …

Sequence, a New York-based company that offers a financial management platform, has raised $7.5 million in additional funding, bringing its total funding to $14.5 million. Investors The round was led by Aleph and Emerge, with participation from Yasmin Lukatz and ICON. Aleph is an Israeli early-stage venture capital firm founded …

Buildots, a Tel Aviv, Israel-based construction technology company, has raised $45 million in Series D funding. Investors The round was led by Qumra Capital, with participation from OG Venture Partners, TLV Partners, Poalim Equity, Future Energy Ventures, and Viola Growth. Buildots Use of Funds The company will use the funds …

Unbound, a San Francisco, CA-based startup that helps enterprises adopt generative AI tools, has raised $4 million in seed funding. Investors The round was led by Race Capital, with participation from Wayfinder Ventures, Y Combinator, Massive Tech Ventures, Alpha Square Group, Northside Ventures, Liquid2, Pioneer Fund, Scale Asia Ventures, SBXI, …

CloudZero, a Boston, Massachusetts–based cloud cost optimization platform, has raised $56 million in Series C funding. Investors The round was led by BlueCrest Capital Management and Innovius Capital, with participation from Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures, and a strategic investment from MongoDB. BlueCrest Capital Management is a …