Startup Funding News

techcrunch.com - Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. The round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion, according to Bloomberg. That’s more than double the startup’s valuation from June 2023, when it secured $270 million from Inovia Capital and others, and brings Cohere’s total raised to $970 million.

www.businesspost.ie - GreyScout, a leading SaaS platform for online brand protection, has announced a €3.5 million seed investment, bringing their total raised to €4.5 million. This round, jointly led by Act VC and Tribal, and participation from Furthr VC, Enterprise Ireland, and HBAN, reaffirms GreyScout’s commitment to safeguarding brands against the digital threats of grey market selling and counterfeiting.

www.fieldpulse.com - FieldPulse, a leading software provider in the field service industry, today announced a $21 million Series B funding round led by Fulcrum Equity Partners. The round also saw continued participation from current investors, Capri Ventures and Superseed Ventures.

www.zakeke.com - Zakeke, the world-leading SaaS company in the Visual Commerce landscape, offering brands advanced tools like live product personalization, superior 3D visualization, Augmented Reality, and Virtual Try-On, has successfully finalized a €2 million SAFE (Simple Agreement for Future Equity) investment round, championed by the esteemed Private Equity Fund Berrier Capital, driving forward Zakeke’s ambitions for expansive global growth. This new investment round for Zakeke brings another significant update: the esteemed Stefano Venturi, currently serving as the President of Cefriel, and formerly the CEO of both Hewlett Packard Enterprise Italy and Cisco Systems Italy, has taken a seat on Zakeke’s Board of Directors.

economictimes.indiatimes.com - Reimagine how risk, audits & controls work together.

grass.osgeo.org - The goal of this project is to modernize software infrastructure and strategically grow the GRASS community to achieve a technologically and socially sustainable open-source ecosystem that provides scientists a foundation for novel, interdisciplinary research that will be accessible, reproducible, and ready for further innovations. The project aims to facilitate the adoption of GRASS GIS as a key geoprocessing engine by a growing number of researchers and geospatial practitioners in academia, governments, and industry. To achieve a technologically sustainable ecosystem with broader access to GRASS algorithms and models, the project will modernize and expand software distribution, increase security and quality assurance, and simplify maintenance of GRASS integrations with other software (such as R and QGIS). Streamlined contributor onboarding procedures and both remote and in-person training, mentoring, and promotion activities will encourage researchers to contribute new geospatial algorithms and models. Onboarding and teaching materials that are integrated in automated testing will significantly lower the costs to the developer community for maintaining this sophisticated software environment. The project aims to grow the community of GRASS users, contributors, and developers worldwide through engagement activities such as cross-project meetups, developer summits, community sprints, online and in-person training and one-on-one contributor mentoring. International involvement and diversity in project governance will be addressed by working with the GRASS Project Steering Committee to establish focused work groups that will implement policies ensuring an inclusive environment and high-quality contributions. Expanding the number and diversity of contributors from academia and research, non-profits, and industry will facilitate development of new geoprocessing engine features and ensure long-term maintenance of contributed research models. It will also enable faster development of geoprocessing tools to address major societal challenges linked to a location and place. The NSF grant is an acknowledgement of the critical role GRASS GIS plays in addressing complex challenges across various domains and represents an exciting opportunity for the GRASS community to grow and innovate.

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www.linkedin.com - GoWit, a startup focused on omnichannel retail media advertising solutions, has secured an $1 million investment in its first financing round.

www.pressrelease.com - Seed stage funding by principals announced.

web321.co - We’re excited to share that we won the $30,000 CAD grant through the ICCC-KFC Recipe for Success Program! Thank you to Inner City Capital Connections and KFCCanada for the opportunity to participate in the ICCC program and receive this grant. We look forward to using it to help our business continue to grow!

techcrunch.com - Supercharge your Business & Employee Performance

www.crunchbase.com - AI-powered all-in-one commerce platform for solopreneurs and small businesses to sell courses and digital products effortlessly.

blog.gloc.al - Microsoft Founders Hub Sponsorship. How Tech Woman Founder 👩 CEO Olga Nayda receive 150,000 USD for MyGlocal FZ-LLC backed by in5 Dubai Growth Hacks!

techcrunch.com - MarginEdge, a restaurant management and bill payment platform, is the latest to secure some fresh capital, $45 million in Series C funding, bringing its funding to date to over $71 million. Ten Coves Capital led the round with participation from Fiserv, Derive Ventures and all of the company’s previous institutional investors.

www.rowy.io - We will be using this funding to accelerate our mission to empower everyone to innovate without limits by making complex → simple.

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techcrunch.com - French startup PhotoRoom has raised a $19 million Series A funding round. The company develops a popular photo editing app for e-commerce vendors and small businesses. In particular, it helps you remove the background behind objects you are about to sell so that your photos look more professional.

www.anonos.com - The combined organization expands Anonos’ ability to help enterprises protect data privacy across all aspects of testing and production use cases for insights that drive strategic value

www.wamda.com - Expand Your Business And Try Modern Retail With Zid For Free, Without Any Obligation

techcrunch.com - Katana’s modern, flexible approach to manufacturing ERP software gives SMEs an ecosystem of tools and features that seamlessly integrate to help them plan, manage and optimise all aspects of their businesses. The entire platform has been built with a relentless focus on providing world-class UX, and businesses can get up and running on Katana within days, compared to weeks with traditional solutions.

m.economictimes.com - SuprSend, a notification infrastructure tool for developers to build and scale product notifications on all channels, has raised $1.0 million in funding. The current round is led by BoldCap, with participation from Titan Capital, FortyTwo.VC, All In Capital, and marquee angel investors. SuprSend platform is scaling fast, with more than 100 companies registered on the product, and total workflows processed through the platform is growing at 150% month-on-month.

www.crunchbase.com - SuprSend has raised a total of $1M in funding over 1 round. This was a Seed round raised on Sep 14, 2022.

www.businesswire.com - With Intelligence Node’s MAP monitoring, users can actively identify MAP violations in real-time, halt brand degradation, and send a warning notifications to the violators.

bitwarden.com - Bitwarden has additional resources to accelerate product and company growth to support our users and customers.

www.businesswire.com - ISTANBUL--(BUSINESS WIRE)--Online accounting and finance software developer KolayBi’ announced it received an investment of $1,15 million in the funding round, in which TechOne VC and Turkey's leading venture capital funds participated.

techcrunch.com - Converting anything into beautiful audio with human-like narration

techcrunch.com - Traba, a jobs board designed to help entry-level workers find available shifts at fulfillment centers and event venues, today announced that it raised $20 million in a Series A round. Khosla led the financing with participation from Founders Fund, General Catalyst, SciFi VC and Atomic, valuing Traba at $120 million post-money.

baserow.io - Open source no-code database and Airtable alternative. Create your own online database without technical experience. Performant with high volumes of data, can be self hosted and supports plugins

techcrunch.com - Open source no-code database and Airtable alternative. Create your own online database without technical experience. Performant with high volumes of data, can be self hosted and supports plugins

techcrunch.com - Snowplow, a platform designed to create data for AI and business intelligence applications, today announced that it raised $40 million in a Series B funding round led by NEA, Snowplow investors, Atlantic Bridge and MMC. Co-founder and CEO Alex Dean said that the new cash will enable Snowplow to grow its team, establish a second headquarters in Boston and expand its platform to support new types of data creation.