In a striking move for the fintech world, Cologne-based startup Naro has just wrapped up a €2.7 million pre-seed funding round, signaling a bold step towards democratizing the creation of Exchange-Traded Funds (ETFs) for companies. Spearheaded by leading European investors including La Famiglia (now under the umbrella of General Catalyst) and Discovery Ventures, this round also saw participation from the entrepreneurial minds behind European unicorns such as Flix and Forto. Not to mention, the investment drew interest from a plethora of VCs like Angel Invest and Robin Capital, alongside season ..read more

In the bustling tech hub of Seattle, a new venture, Gradial, is making waves by harnessing the power of generative AI to transform marketing operations. With a fresh injection of $5.4 million from a seed investment round led by Madrona, Gradial is poised to redefine productivity for marketing teams. The startup, born from the vision of former SpaceX and Microsoft executives, is crafting software that empowers brands to effortlessly create websites, campaigns, and a myriad of marketing materials through simple written instructions. Gradial’s innovative approach streamlines the cumbersome proces ..read more

In a significant push towards sustainable transportation in Kenya, Roam, an electric vehicle (EV) startup, has successfully secured $24 million in a Series A funding round. This infusion of capital, inclusive of a noteworthy up to $10 million debt commitment from the U.S International Development Finance Corporation (DFC), is earmarked for scaling up the production of electric motorcycles and buses, signaling a bold stride in Africa’s climate tech venture. Spearheaded by Equator, an Africa-focused climate tech VC fund, this round saw a coalition of investors such as At One Ventures, TES Ventur ..read more

In a move aimed at enhancing its Ethereum blockchain operations, BTCS Inc. unveils Builder+, a novel tool to help node validators optimize their block construction and thus unlock higher revenue. This initiative underscores BTCS’s dedication to leveraging technological advancements to foster growth in the burgeoning Ethereum blockchain sector. Unlocking New Revenue Streams Builder+ optimizes block construction and transaction sequencing, and enables validators to tap into the lucrative Maximal Extractable Value (MEV) market more effectively. This market, pivotal for validators seeking to maxim ..read more

In a remarkable stride towards redefining the corporate seminar landscape, Paris-based startup Naboo has clinched a €7.5 million funding round, backed by a consortium of visionaries including ISAI, Kima Ventures, Better Angle, alongside longstanding partners CapHorn and Maif Avenir. This infusion of capital is earmarked for elevating the platform’s functionalities, with a keen focus on integrating cutting-edge artificial intelligence, and scaling its footprint across Europe. Emerging in 2022, Naboo has swiftly upended the conventional event planning paradigm, offering a comprehensive, one-clic ..read more

In the bustling world of e-commerce, where innovation and expansion are the names of the game, Krakow’s own edrone is making headlines with its latest financial milestone. The company, renowned for its cutting-edge Marketing Automation and CRM systems tailored for e-commerce platforms, has successfully secured a whopping €4.6 million in funding. This financial infusion, spearheaded by INventures and supported by industry stalwarts such as Mueller Medien, Atmos, and PortfoLion, marks a significant leap forward in edrone’s journey of technological and geographic expansion. edrone’s impressive gr ..read more

In the dynamic world of sustainable agriculture, Agrow Analytics, a Malaga-based startup, is making a notable leap. Specializing in precision irrigation, the company has recently secured a significant €650k in seed funding. Spearheaded by GoHub Ventures, Demium Capital, and First Drop, this financial boost is set to propel Agrow Analytics’ mission: optimizing water use and reducing the water footprint in agriculture. At its core, Agrow Analytics is about marrying technology with environmental consciousness. The company has developed a sophisticated system that collates all data related to irri ..read more

In a significant step towards a greener future, Zurich’s own CarbonPool has just landed a hefty €11.2 million in funding. Their goal? To revolutionize the carbon credit market with a pioneering insurance model. This fresh capital infusion, led by Heartcore Capital and Vorwerk Ventures, is not just about numbers. It’s a bold statement in the face of climate change. Let’s dive into what makes CarbonPool stand out. Founded by a trio of former Allianz executives – Coenraad Vrolijk, Nandini Wilcke, and Frederic Olbert – this startup is not your average new kid on the block. They bring a wealth of e ..read more

In a significant leap for AI-driven customer service in the Middle East and North Africa (MENA), DXwand, a startup based in Cairo and Dubai, has successfully raised $4 million in Series A funding. This milestone marks a new chapter for DXwand in harnessing conversational AI to revolutionize how businesses in MENA interact with customers and assist their employees. The funding round was spearheaded by UAE’s Shorooq Partners and Cairo’s Algebra Ventures, with additional support from the existing investor, Dubai Future District Fund. This influx of capital is set to fuel DXwand’s ambitious expans ..read more

In the ever-evolving fintech landscape, Bilt Rewards just made a monumental leap, securing a whopping $200 million in fresh funding. This significant capital infusion has rocketed the company’s valuation to an impressive $3.1 billion. Spearheaded by General Catalyst, this investment round marks a notable upturn for the New York-based firm, more than doubling its valuation since its previous $150 million raise in October 2022. But who’s behind this substantial investment? Leading the charge is General Catalyst, alongside contributions from Eldridge and existing supporters like Left Lane Capital ..read more