USA-based FlowX.AI raises USD 35 million in Series A
Delaware, USA-based AI enterprise application modernization platform for large financial services organizations, FlowX.AI, raised USD 35 million in Series A. The round took place on May 22, 2023. London-based and Europe's leading specialist B2B software investor, Dawn Capital, led the financing for the company. Meanwhile, existing investors PortfoLion, SeedBlink, and DayOne Capital participated in the Series A funding. Purpose of financing...
California-based management software startup Restaurant365 raises USD 135 million in funding
May 19, 2023, IRVINE, Calif. -- ICONIQ Growth and Bessemer Venture Partners are among the current investors in Restaurant365. This industry-leading all-in-one restaurant enterprise management software announced it has agreed to a USD 135M funding round co-led by global investment firms KKR and L Catterton. Restaurant365 is revolutionizing the business by giving owners cutting-edge ways to boost profits, reduce food...
Colorado-based clean energy startup Odyssey raises USD 15 million in Series A funding
May 19, 2023, BOULDER, Colorado -- With participation from Equal Ventures, Twelve Below, Transition, Equator, MCJ Collective, Abstract Ventures, Founder Collective, and Climate Capital, Odyssey, a business-in-a-box software platform for distributed energy in emerging markets, today announced the closing of its USD 15 million Series A round. The additional capital will be utilized to enhance Odyssey's primary product offerings...
USA-based TDK Ventures launches USD 150 million Fund EX1
California, USA-based TDK Corporation's subsidiary TDK Ventures Inc. launched its third fund of USD 150 million, Fund EX1. The company announced the launch on May 19, 2023. Amperex Technology Limited (ATL), TDK's Hong Kong-based lithium-ion rechargeable batteries specialist, is a limited partner to Fund EX1. Purpose of the fund by TDK Ventures With the launch of the new fund, the company seeks...
UK-based Orbital Witness raises GBP 7.5 million in Series A
London, UK-based company that transforms the legal processes in property transactions through machine learning and AI, Orbital Witness raised GBP 7.5 million in Series A financing. The round took place on May 19, 2023. PropTech venture firm Parker89 led the financing for the firm. Meanwhile, LocalGlobe, Outward VC, Seedcamp, Portfolio Ventures, and Realty Corporation joined in the funding. Purpose of...
USA-based Instawork raises USD 60 million in recent financing
San Francisco, USA-based provider of a platform for connecting businesses with skilled hourly workers, Instawork raised USD 60 million in Series D financing. The round took place on May 18, 2023. TCV led the financing for the company. Meanwhile, new investor 9Yards Capital, Larry Fitzgerald Jr., joined in the round. Besides, existing investors such as Benchmark, Spark Capital, Craft...
India-based PYOR raises USD 4 million in seed financing
Bangalore, India-based pioneer in enabling high-fidelity data and insights for the digital assets industry, Power Your Own Research (PYOR) raised USD 4 million in seed funding. The round took place on May 19, 2023. Castle Island Ventures led the financing for the company. Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, and Coinbase Ventures joined in the financing. Meanwhile,...
Texas-based Biotech startup Paradromics Inc raises USD 33 million in Series A funding
Texas, Austin, May 18, 2023, The premier provider of high-rate brain-computer interfaces (BCI), Paradromics Inc., revealed a USD 33 million Series A fundraising round headed by Prime Movers Lab. Additional investors include Westcott Investment Group, Dolby Family Ventures, and Green Sands Equity. With the additional financing, Paradromics can begin the first-ever clinical investigation for the Connexus® Direct Data Interface...
Chicago-based praying app Hallow tops the App Store and completes a USD 50 million Series C fundraising round
Chicago, 18 May 2023 According to Sensor Tower, Hallow this week reached 10 million downloads and 225 million prayers prayed globally, making it the most popular prayer app on the planet. Following the app's explosive growth, Hallow became the first religious app to ever break into the top 10 in the App Store on Ash Wednesday of 2023, ranking...
Ohio-based bitcoin startup River a secures USD 35 million in Series B funding
Ohio's COLUMBUS, May 16, 2023 - River a startup providing financial services and Bitcoin technology, announced a USD 35 million equity round. Kingsway Capital served as the lead investor in this series B. Peter Thiel, Goldcrest, Cygni, M13, Valour Equity Partners, Esas Ventures, and Alarko Ventures were among the other investors. Through Bitcoin, the only uncorruptible digital currency in the...
