Symbe secures £1.2M Pre-Seed for AI-driven business case creation

Symbe secures £1.2M Pre-Seed for AI-driven business case creation

Symbe, an innovative AI-powered platform designed to revolutionize the creation of tailored business cases for sales teams, has secured a significant £1.2 million Pre-Seed funding round this week. Founded by a trio of seasoned entrepreneurs, including Martin Blinder (CEO) and Thomas Laurbjerg (CRO), who previously spearheaded the growth of digital healthcare company Tictrac, alongside machine … Read more

Ransomware defense company Mimic emerges from stealth, announces $27M seed round

Ransomware defense company Mimic emerges from stealth, announces M seed round

Ransomware defense firm Mimic has stepped out of stealth mode, unveiling a substantial $27 million seed funding round led by Ballistic Ventures, with contributions from Menlo Ventures, Team8, Wing Venture Capital, and Shield Capital. “Mimic’s SaaS platform equips enterprises with early detection, deflection, and swift recovery mechanisms against ransomware assaults,” explained Derek Smith, CEO of … Read more

Aikido Raises $17M Series A to Expand ‘No BS’ Security Platform for SMEs Globally

Aikido Raises M Series A to Expand ‘No BS’ Security Platform for SMEs Globally

Aikido, the security platform tailored for developers and SMEs, has secured $17 million in Series A funding led by Singular.vc, with participation from Notion Capital and Connect Ventures. This round follows Aikido’s $5.3 million seed funding just six months ago, positioning it as the fastest capitalized startup in Belgian history. Founded by serial entrepreneur and … Read more

Getir Shifts Focus to Turkey, Exiting US, UK, and Europe Amid Industry Challenges; Over 6,000 Jobs Impacted

Getir Shifts Focus to Turkey, Exiting US, UK, and Europe Amid Industry Challenges; Over 6,000 Jobs Impacted

Getir, the Turkish “instant delivery” giant, is retreating from its international ventures, announcing the closure of operations in the U.S., the U.K., and Europe to concentrate solely on its home market. This decision follows a period of rapid expansion and aggressive investment, as the company faces challenges in the quick commerce industry. With its valuation … Read more

Insurtech Urban Jungle raises £11.2m

Insurtech Urban Jungle raises £11.2m

Urban Jungle, a leading London-based insurtech startup, has announced a significant milestone with a follow-on investment of £11.2 million from its existing backers. The digital insurance provider specializes in offering tailored plans to homeowners and renters, boasting an impressive customer base of over 200,000 individuals across the UK. Utilizing cutting-edge AI technology for fraud detection, … Read more

UK’s Zing Secures £1.25M Investment to Drive US Expansion as Twilio Partner

UK’s Zing Secures £1.25M Investment to Drive US Expansion as Twilio Partner

UK-headquartered Zing, a leading Twilio consulting partner, has secured an additional £1.25 million in funding from existing shareholders Maven Capital Partners, renowned for investments in companies like Sensoteq and Pockit. The fresh capital infusion will fuel Zing’s strategic expansion into the US market, enabling the establishment of a dedicated operating entity and the execution of … Read more

Corelight Raised $150 Million in Series E Funding Led by Accel

Corelight Raised 0 Million in Series E Funding Led by Accel

Corelight‘s recent Series E funding round, led by Accel with contributions from Cisco Investments and CrowdStrike Falcon Fund, has provided them with a significant boost of $150 million. This infusion of capital is earmarked to propel Corelight’s AI-driven security innovations, bolster their cloud-native security capabilities, and further fortify their data fusion partnerships with leading cybersecurity … Read more

Carbonfact raised $15M Series A to propel emissions monitoring software for fashion industry

Carbonfact raised M Series A to propel emissions monitoring software for fashion industry

Carbonfact, an esteemed YCombinator alumnus, has successfully raised a $15 million Series A funding round to bolster its automated carbon management software. Tailored specifically for the fashion industry, Carbonfact’s innovative platform aims to revolutionize emissions monitoring, reduction, and disclosure processes, aligning with upcoming regulatory standards such as the EU’s Corporate Sustainability Reporting Directive (CSRD). Evaluating … Read more