Element AI raises $151M on a $600-700M valuation to help companies build and run AI solutions – gpgmail

[ad_1] While tech giants like Google and Amazon build and invest in a multitude of artificial intelligence applications to grow their businesses, a startup has raised a big round of funding to help those that are not technology businesses by nature also jump into the AI fray. Element AI, the very well-funded, well-connected Canadian startup […]

India’s OkCredit raises $67M to help small merchants digitize their bookkeeping – gpgmail

[ad_1] OKCredit, a Bangalore-based startup that enables small merchants to turn their bookkeeping digital, has raised $67 million to expand its business in the nation. The Series B financing round for the two-year-old startup was led by Lightspeed and Tiger Global. The new round, which follows Series A financing round in June this year, climbs […]

Voyage raises $31 million to bring driverless taxis to communities – gpgmail

[ad_1] Voyage, the autonomous vehicle startup that spun out of Udacity, announced Thursday it has raised $31 million in a round led by Franklin Templeton. Khosla Ventures, Jaguar Land Rover’s InMotion Ventures and Chevron Technology Ventures also participated in the round. The company, which operates a ride-hailing service in retirement communities using self-driving cars supported […]

Zyl raises $1.1 million to resurface old memories from your photos – gpgmail

[ad_1] French startup Zyl has raised $1 million (€1 million) in a round led by OneRagtime. The company has developed an app that uses artificial intelligence to find the most interesting photos and videos in your photo library. Now that smartphones have been around for a while, many people have thousands of unsorted photos on […]

Akeneo raises $45 million for its product information management service – gpgmail

[ad_1] French startup Akeneo has raised a $45 million Series C round led by Summit Partners, with existing investors Alven, Partech, Salesforce Ventures and Stephan Dietrich also participating. The company develops a popular product information management (PIM) service to manage all information about products in your stores, online and in paper catalogs. Akeneo started as […]

Nigerian online-only bank startup Kuda raises $1.6M – gpgmail

[ad_1] Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it a distinction compared to other fintech startups. “Kuda […]

Work Life Ventures raises $5M for debut enterprise SaaS seed fund – gpgmail

[ad_1] Brianne Kimmel had no trouble transitioning from angel investor to general partner. Initially setting out to garner $3 million in capital commitments, Kimmel, in just two weeks’ time, closed on $5 million for her debut venture capital fund Work Life Ventures. The enterprise SaaS-focused vehicle boasts an impressive roster of limited partners, too, including […]

InMobi’s Glance raises $45M to expand outside of India – gpgmail

[ad_1] Glance, a subsidiary of Indian mobile ad business firm InMobi, said today it has raised $45 million as it prepares to scale its business outside of India and bulk up its product offerings. The unnamed, maiden financing round for Glance was funded by Mithril Capital, a growth stage investment firm co-founded by Silicon Valley […]

Pento raises $2.8M seed round for its payroll SaaS – gpgmail

[ad_1] Pento, a Danish startup working on a better payroll experience for companies and employees, has raised $2.8 million in seed funding. Leading the round is Point Nine Capital and Seedcamp, with participation from a number of smaller funds and angel investors, including departing Atomico Partner Mattias Ljungman. The company had previously raised $700,000 from […]

SimShine raises $8 million for home security cameras that use edge computing – gpgmail

[ad_1] SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras that use edge computing to keep data on-device. The funding was led by Cheetah Mobile, with participation from Skychee, Skyview Fund and Oak Pacific Investment. Earlier this year, SimShine raised […]