#series-b-funding

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#fintech

Kashable Raises $25.6M for its Socially Responsible Credit Platform for Employers to Offer Loans to Employees as a Workplace Benefit

Financial stress increased for 63% of full-time employees during the pandemic.
72% of employees would be attracted to a company that cares more about financial well-being.

German health and fintech company Nelly secures 50M from Cathay Innovation, Notion Capital, others - Silicon Canals

Nelly raised €50M to expand internationally and improve healthcare administrative workflows.

WeTransfer investor backs UK's fintech company FINBOURNE in 65M round: Know more - Silicon Canals

FINBOURNE secures £55M in Series B funding to enhance global expansion and product development.

Kashable Raises $25.6M for its Socially Responsible Credit Platform for Employers to Offer Loans to Employees as a Workplace Benefit

Financial stress increased for 63% of full-time employees during the pandemic.
72% of employees would be attracted to a company that cares more about financial well-being.

German health and fintech company Nelly secures 50M from Cathay Innovation, Notion Capital, others - Silicon Canals

Nelly raised €50M to expand internationally and improve healthcare administrative workflows.

WeTransfer investor backs UK's fintech company FINBOURNE in 65M round: Know more - Silicon Canals

FINBOURNE secures £55M in Series B funding to enhance global expansion and product development.
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Aachen spinout FibreCoat secures 20mn to bring super-fibres to spacecraft

FibreCoat has secured €20 million in Series B funding to enhance its materials for the growing space industry.

Bounce bags $19M to expand its traveler convenience network | TechCrunch

Bounce has raised $19 million in Series B funding to further expand its luggage storage service, aiming to grow its market presence and revenue.
Under CEO Cody Candee's leadership, Bounce is focusing on Asia-Pacific for growth, particularly in established markets like Japan with high consumer demand.

Aignostics secures 31M from ATHOS, HTGF, others - Silicon Canals

Aignostics raised $34M to enhance AI capabilities in pathology, targeting improvements in diagnostics and collaborations with major healthcare institutions.

Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources

BCB Group is exploring Series B funding while receiving a takeover approach, but it is not currently for sale.

Protect AI Raises $60M in Series B Funding to Bolster AI Security Leadership

Protect AI secures $60 million Series B funding to enhance AI security, reaching a total of $108.5 million raised.

Accel-backed Checkly secures 18.5M funding - Silicon Canals

Checkly raises $20M in Series B to enhance its monitoring platform.

Slovenia's lending platform Leanpay raises 10M - Silicon Canals

Leanpay secures €10M in Series B funding to expand operations in Romania and Hungary, reinforcing its position as a leading BNPL platform in Central and Eastern Europe.

UK's smart money app Plum raises 14.7M - Silicon Canals

Plum secures £13.4M in Series B funding, reaching a total of £16M, focusing on expanding across Europe and enhancing its app for savers and investors.

Elon Musk raises $6 billion for his AI startup xAI

xAI, Elon Musk's AI startup, raised $6 billion in series B funding, reaching a post-money valuation of $24 billion.

Atropos Health Secures $33M in Series B Funding to Enhance Personalized Real-World Evidence

Atropos Health raised $33 million in Series B funding to enhance its Generative AI platform GENEVA OSTM for improving patient outcomes through data-driven care.

Sift Healthcare raised $20M Series B to Advance AI-Powered payment solutions

Sift Healthcare closed a $20 million Series B funding round, led by B Capital, to enhance AI-driven solutions in optimizing the healthcare revenue cycle.

Parloa, a conversational AI platform for customer service, raises $66M | TechCrunch

Parloa secures $66 million in Series B funding, focusing on U.S. market and 'voice first' strategy.

Figure rides the humanoid robot hype wave to $2.6B valuation and OpenAI/Microsoft partnerships | TechCrunch

Bay Area-based robotics firm Figure raised $675M Series B with impressive investors.
Figure, founded in 2022, aims to create walking bipedal robots and has received a total funding of $845M.

Goldman Sachs bets on Simetrik's payments infrastructure tech | TechCrunch

Simetrik raised $55 million in Series B funding, building on its $20 million Series A investment.
The company's focus on financial automation technology through Simetrik Building Blocks sets it apart in the industry.

River Raises $40 Million in Series B Funding, Led by Yamaha

River, a Bengaluru-based electric scooter startup, has raised $40 million in a Series B funding round.
The funding round was oversubscribed, reflecting investor interest in the electric vehicle market in India.

Synthetaic claims synthetic data is as good as the real thing when it comes to AI | TechCrunch

Synthetaic raises $15 million in Series B funding.
Funds will be used to accelerate commercialization of the company's computer vision tech and expand the team.

DataSnipper Secures $100 Million Series B

DataSnipper raises $100 million in Series B funding

Heart Aerospace Secures $107 Million in Series B Funding for Hybrid-Electric Airplane

Heart Aerospace has raised $107 million in a Series B funding round.
The funding will be used to develop Heart Aerospace's 19-passenger electric regional aircraft.
Heart Aerospace aims to have its electric aircraft in service by 2026.

Metronome's usage-based billing software finds hit in AI as the startup raises $43M in fresh capital | TechCrunch

Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round.
The company saw a 6x increase in ARR last year as more companies transitioned to usage-based models or a combination of subscription and usage-based.

Owner.com Raises $33M in Series B Funding Round

Owner.com raises $33 million in Series B funding
Platform aims to empower independent restaurant owners in managing their online presence

Rebellions lands $124M to develop its new AI Rebel chip with Samsung | TechCrunch

South Korean AI chip startup, Rebellions, has secured $124 million in a Series B funding round.
The funding will be used to develop their third AI chip, ramp up production of their data center-focused chip, and for hiring.

#NYCtech Week in Review: 1/14/24 - 1/20/24

DailyPay raises $75M in venture funding led by Carrick Capital Partners.
Kashable secures $25.6M in Series B funding led by Revolution and Moneta VC.

Exclusive: Fintech startup Coast lands $40M just 4 months after its last $25M raise

Coast raised $40 million in Series B funding just four months after a $25 million round, a notable feat in the current VC market.

UK's personalised supplements provider Bioniq bags 13.7M - Silicon Canals

Bioniq closes $15M Series B funding round, focusing on personalized supplements based on blood biomarkers.
#global-expansion

AI-powered supply chain intelligence startup Prewave raises 63M from Hedosophia, Creandum, others - Silicon Canals

Prewave secured $67M in Series B funding for global expansion and product R&D to address supply chain disruptions and regulatory compliance challenges.

Germany's One Data closes 32M Series B extension - Silicon Canals

One Data secured a €32M Series B extension round led by prominent venture capital firms to fuel global expansion and product development.

AI-powered supply chain intelligence startup Prewave raises 63M from Hedosophia, Creandum, others - Silicon Canals

Prewave secured $67M in Series B funding for global expansion and product R&D to address supply chain disruptions and regulatory compliance challenges.

Germany's One Data closes 32M Series B extension - Silicon Canals

One Data secured a €32M Series B extension round led by prominent venture capital firms to fuel global expansion and product development.
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#nyc-startups

The AlleyWatch Startup Daily Funding Report: 7/1/2024

NYC startups received significant funding in recent rounds, including Waypoint Health and Clay.

The AlleyWatch Startup Daily Funding Report: 7/15/2024

Funding details for NYC startups Adaptive Real Estate, Standard Bots, and Lucid Green on 7/15/2024.
Adaptive Real Estate raised $19M in Series A, Standard Bots raised $39M in Series B, and Lucid Green raised $1.4M in Venture funding.

The AlleyWatch Startup Daily Funding Report: 7/1/2024

NYC startups received significant funding in recent rounds, including Waypoint Health and Clay.

The AlleyWatch Startup Daily Funding Report: 7/15/2024

Funding details for NYC startups Adaptive Real Estate, Standard Bots, and Lucid Green on 7/15/2024.
Adaptive Real Estate raised $19M in Series A, Standard Bots raised $39M in Series B, and Lucid Green raised $1.4M in Venture funding.
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OneHouse takes $35M to fight for Hudi in table format wars

OneHouse secured $35M in Series B funding for Apache Hudi-based data lake solution.

UK cybersecurity company PQShield raises 34.4M - Silicon Canals

PQShield raises $37M in Series B funding to advance post-quantum cryptography solutions.

Tinybird raises another $30 million to transform data into real-time APIs | TechCrunch

Tinybird, an enterprise data startup, has recently raised a $30 million Series B funding round and is now valued at $240 million.
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