Mobile payments app Oobit announced that it has raised $25 million in a Series A funding round. The round was led by the investment arm of Tether, CMCC Global’s Titan Fund, 468 Capital and Solana co-founder Anatoly Yakovenko. Consumers can use the Oobit app to pay for purchases using crypto, while merchants receive fiat currency. …
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einwert, a comprehensive value management platform for real estate that offers valuations -prepared by certified appraisers- within just a few days, just raised €4 million in seed funding led by pan-European early-stage VC Ventech. Ventech joins the existing group of investors consisting of 468 Capital, Wecken & Cie, Auxxo Female Catalyst Fund and infinitas capital, …
Singapore-based startup Pave Bank has announced the completion of a $5.2 million funding round and it has just secured its first banking licence, courtesy of the regulatory authorities in Georgia, U.S. Led by a team of banking executives turned fintech operators (including a founding member of Monzo), Pave Bank leverages blockchain technology to solve traditional …
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Xeol, the New York City-based cybersecurity company, has announced that it raised $3.2 million in Seed funding led by Shield Capital with Y Combinator and 468 Capital also participating. Cyber attacks against private enterprises’ software supply chains multiplied sevenfold over the past 3 years. Software supply chains must be secured just as industrial supply chains …
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German AI startup Aleph Alpha has raised a Series B funding round of $500 million from a consortium of seven new investors, as well as existing investors from previous rounds. Founded in 2019, Aleph Alpha’s funding may be dwarfed by that of Microsoft-backed OpenAI ($11.3 billion), but the startup makes great play of the fact …
The Offenburg-based startup DYNO announced it has raised €1.5 million in a pre-seed round. Founded in 2021 by Marc Karkossa, Luis Weber and Peter Sutter, DYNO aims to digitize company pension plans to help fight retirement poverty. The conventional manual administration of company pensions is expensive and time consuming for companies. Meanwhile, employees often receive low …
metergrid, a pioneering start-up in the tenant electricity space, announced that it has raised €2.7 million in seed funding. Leading the round is 468 Capital, with participation from footballer Mario Götze, Tiny Supercomputer Investment Company, and the recently-established Mätch VC from Baden-Württemberg. The injection of capital will be used to further scale the company’s operations …
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After closing its €9.3 million Series A in December 2022, Ostrom has raised an additional €7.5 million in an investment round led by SE Ventures, a Silicon Valley-based venture fund backed by Schneider Electric. Existing investors Union Square Ventures, Adjacent, J12, and Übermorgen also participated in the financing, extending its Series A to €16.8 million …
Today German prompt-to-automation platform AskUI announced €4.3 million in seed funding. The platform uses artificial intelligence to understand applications and their context, providing a unique and cost-effective solution for automating intentions, not interactions. Conventional automation solutions offer powerful functionalities but are complicated to deploy and configure. Customising these platforms requires massive consultancy efforts, reliance on APIs, and …
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