Israeli-European venture capital firm Cardumen Capital has successfully raised $120M for its second Deep Tech Fund, reinforcing its commitment to nurturing early-stage Israeli startups. With investments in 32 Israeli companies focused on AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT), the firm will persist in supporting pre-seed and seed Israeli … [Read more...] about Cardumen Capital Secures $120M for Second Deep Tech Fund, Bolstering Support for Israeli Startups in AI, Cybersecurity, and Beyond
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Robin AI Raises $26 million as Legal Sector Embraces AI
Anthropic launch partner sees 5x revenue growth with Fortune 500 customers including Pepsico and Yum! Brands Investment will be used to accelerate US expansion, launch in Asia Pacific and hire more AI engineers LONDON and NEW YORK, Jan. 2, 2024 - As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has … [Read more...] about Robin AI Raises $26 million as Legal Sector Embraces AI
Silverflow Secures €15 Million Investment to Revolutionize Global Payment Processing
Silverflow, an innovative company revolutionizing payment processing technology, has successfully secured a substantial €15 million investment. Spearheaded by industry veterans and payment experts at Global Paytech Ventures, this funding round has garnered significant support from notable entities such as Picus Capital, Coatue, Crane Venture Partners, Inkef, and various angel … [Read more...] about Silverflow Secures €15 Million Investment to Revolutionize Global Payment Processing
Myrror Security, an Israeli company specializing in application security for organizations using open-source packages, has officially launched with $6 million in seed funding
Myrror Security, an Israeli company specializing in application security for organizations using open-source packages, has officially launched with $6 million in seed funding from notable investors Blumberg Capital and Entrée Capital. Myrror Security's primary mission is to enhance the security of enterprise Software Development Life Cycle (SDLC) processes, especially in light … [Read more...] about Myrror Security, an Israeli company specializing in application security for organizations using open-source packages, has officially launched with $6 million in seed funding
Iron Nation Launches Volunteer Emergency Impact Fund to Support Israeli Start-ups Affected by Recent Conflict
Iron Nation, a volunteer emergency impact fund, has announced its launch with the aim of raising $20 million USD to support early-stage Israeli start-ups impacted by the recent attack by Hamas and the ensuing war. Unlike traditional funds, Iron Nation collects no management fee or carried interest. It has garnered support from notable figures in the venture community, including … [Read more...] about Iron Nation Launches Volunteer Emergency Impact Fund to Support Israeli Start-ups Affected by Recent Conflict
UnitX, a robotics company specializing in AI vision systems, secures $5 Million
UnitX, a cutting-edge robotics company specializing in AI vision systems, is thrilled to announce a $5 million investment from SE Ventures, a prominent Silicon Valley-based venture fund with strong ties to global energy and automation leader, Schneider Electric. UnitX is revolutionizing the manufacturing industry with its groundbreaking technology. Their software-defined … [Read more...] about UnitX, a robotics company specializing in AI vision systems, secures $5 Million
UserEvidence, a customer voice platform, secured $9 million in Series A funding
UserEvidence, a customer voice platform designed for B2B go-to-market (GTM) teams, has secured $9 million in Series A funding in a round led by Crosslink Capital. Founder Collective, Afore, and Next Frontier Capital also participated, bringing UserEvidence's total funding to $14 million. GTM teams have long grappled with the challenge of generating customer stories, which … [Read more...] about UserEvidence, a customer voice platform, secured $9 million in Series A funding
Cisco’s $28 Billion Splunk Deal Could Ignite Wave of Software Acquisitions
Yes, that is a very likely scenario. Cisco's $28 billion acquisition of Splunk is the largest technology deal of the year and one of the largest software acquisitions ever. It is a sign that technology giants are increasingly willing to spend big to acquire software companies with predictable subscription revenue. There are a number of reasons why this deal may ignite more … [Read more...] about Cisco’s $28 Billion Splunk Deal Could Ignite Wave of Software Acquisitions
Techstars and The Ohio State University Partner to Boost Software Startups in Columbus
Techstars, the world's largest pre-seed investor, is teaming up with The Ohio State University to launch a groundbreaking accelerator program in Columbus. Named "Techstars Columbus Powered by The Ohio State University," this initiative aims to drive growth in the region by investing in promising software startups and innovators. This program is a key component of the Center for … [Read more...] about Techstars and The Ohio State University Partner to Boost Software Startups in Columbus
Atlys Secures $12M to Revolutionize Visa Processing and Travel Experience
Atlys, the travel industry disruptor founded in 2021, has secured an impressive $12 million in a Series A funding round led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital, with participation from prominent investors including Andreessen Horowitz and Musical Duo Chainsmokers. As the world increasingly adopts e-visas, Atlys stands at the forefront of … [Read more...] about Atlys Secures $12M to Revolutionize Visa Processing and Travel Experience