ElevenLabs Secures $2 Million in pre-Seed Round
ElevenLabs, a London, UK-based speech AI startup, secured $2 million in pre-seed funding and has also released a beta version of its text-to-speech platform for English and Polish. The round was led by Credo Ventures, with participation from Concept Ventures and angel investors, including Peter Czaban and Tytus Cytowski. The …
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Slingshot Simulations Secures £3 Million in Series A
Slingshot Simulations, a London, UK-based company that spinout from the University of Leeds, secured £3 million in Series A funding. The round was led by Northern Gritstone, alongside Mercia and the Northern Powerhouse Fund. Slingshot Simulations will use the funding to accelerate development and expand the customer base of its …
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DailyPay Secures $260 Million in Funding
DailyPay, a New York-based financial technology company, announced that it secured $260 million of capital to fuel growth domestically, expand internationally, and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon and new term loan funding from SVB Capital …
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SoundHound Raises $25 Million in Funding
SoundHound, a Santa Clara, CA-based voice AI company that provides conversational AI services for the automotive, connected home, and hospitality applications, raised $25 million in equity to shore up its position in the market. The oversubscribed financing includes investments from a diverse set of financial and strategic investors, both from …
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Myelin Foundry Raises $3 Million in Series A
Myelin Foundry, a Bangalore, India-based deep tech AI startup that transforms human experiences, raised $3 million in Series A funding. The round was led by Visteon Corporation, with participation from investors Endiya Partners, Beyond Next Ventures, and Pratithi Investment Trust. The new round will consolidate Myelin's platforms and expand into …
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Global Screening Services Secured $45 Million in Funding
Global Screening Services, a London, UK-based regtech startup that provides a platform to screen financial institutions’ transaction data, secured $45 million in funding from AlixPartners, The Cynosure Group, and MUFG. “Sanctions screening is both an international security imperative and one of the major sources of friction in the global payment …
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Acodis Raises CHF 6 Million in Series A Funding
Acodis, a Zurich, Switzerland-based intelligent document processing (IDP) platform, raised CHF 6 million in a Series A funding round led by Hi Inov and VI Partners. The funds will be used to further expand Acodis’ position as the leading document processing platform for the pharma and health sectors. "The financing …
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