Tagged: venture funding

Brazil: Insurtech Firm Akad Seguros Secures $22.5m in Series A Funding

Akad Seguros, a digital insurance firm based in São Paulo, has successfully completed a Series A funding round, raising $22.5 million, according to an announcement. The funding effort was spearheaded by Valor Capital Group and included significant contributions from Across, Endeavor Scale-Up Ventures, Endeavor Catalyst,… Read More

VC Funding Tanks, Alpha Partners Shares Perspective and Future Expectations on Venture Market

Recently, there have been various reports about the decline in venture capital funding. VC money is a key component in funding risky early-stage ventures. While only a fraction of the investments may drive results, some of these companies may turn into revolutionary platforms or launch… Read More

AP Automation Fintech Stampli Announces $61M Round Led by Blackstone

Stampli, a key player focused on AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round “led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.”… Read More

Singapore’s bolttech Raises $50m in Series B Round to Bolster Insurtech Offerings

Singapore-based insurtech firm bolttech has announced raising $50 million in its Series B funding round anchored by impact investment firm LeapFrog Investments. The latest funding round brings bolttech’s Series B round to $246 million, marking the most substantial Series B round for any insurtech company… Read More

Artificial Intelligence: Mujin Raises $85m to Expand AI-Powered Robotics Platform

Tokyo-based intelligent robotics startup Mujin has announced raising $85 million in its Series C funding round, further boosting its market share in the realm of AI-powered robotics for manufacturing, logistics, and supply chain operations. The funding round saw participation from top investors, including Japan’s SBI… Read More

EquityZen Predicts that Ongoing Bank Crisis will be Catalyst for IPO Market

Phil Haslett, co-founder and Chief Strategy officer at EquityZen, believes that the ongoing bank crisis could be a catalyst for the initial public offering (IPO) market in 2023. So this may be a bit of a stretch, but Haslett sees the collapse of Silicon Valley… Read More

Venture-Based Money Laundering in Web3 Becoming a Serious Threat: Report

Criminals have always found efficient ways “to launder the proceeds of their crimes and avoid increasingly stringent anti-money laundering regulations,” according to an update from CertiK. One such technique, uncovered by CertiK, poses “a direct threat to Web3 projects.” Criminal organizations are using this scheme… Read More

SaaS Firm Liberate Innovations Acquires $7M in Funding to Automate Claims, Underwriting

Liberate Innovations Inc., a software-as-a-service (SaaS) platform that enables P&C insurers to fully automate claims and underwriting journeys, announced its launch “after raising $7 million in venture funding.” The platform “empowers insurers to deliver digital self-serve experiences and orchestrate an ecosystem of solutions providers and… Read More

3rd Best Quarter in France Tech History for Venture Funding: Avolta

Avolta, a French boutique investment bank that is active in the venture space in Europe, has published a report on French tech funding reporting that Q2 2022 is the 3rd best quarter for funding ever. While certain markets are sagging, due to the rocky economy,… Read More

Q2 Venture Funding Declines by 23% versus Q1 2022

Venture capital funding continues its march downward after a stellar 2021 for risk capital. Obviously, this is due to a deteriorating global economy, Giga high inflation, and central banks needed to battle rising prices by making money more expensive. CB Insights shared recently that global… Read More

U.S. Digital Payments Platform AeroPay Secures Over $5 Million Through Venture Round Led By Chicago Ventures

  AeroPay, a U.S.-based alternative payments platform, announced on Monday it raised more than $5 million through its venture round, which was led by Chicago Ventures  This investment round comes less than six months after AeroPay secured funds through its seed round, notably led by… Read More

UK Tech Codat Secures $10 Million in Venture Funding to Build Business Data Superhighway

Codat, a UK-based technology company that connects the internal systems of small businesses to banks, fintechs, and other financial institutions, announced on Thursday it secured $10 million in venture funding. The funding comes from international venture firm Index Ventures, the backer of Adyen, Plaid, and… Read More

U.S. Insurtech Startup REIN Raises $7.3 Million in Venture Funding to Create New Insurance Products

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REIN, a U.S.-based insurtech company, announced on last week it raised $7.3 million in venture funding from investors such as Liberty Mutual Strategic Ventures and Kiplin Capital; individual and family office investors, Jason Griswold (Founder, Brown Aviation Lease), Christopher Ellis (Managing Director at AvPro, Inc), Bert Roberts (former CEO of MCI), Steve… Read More

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