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PocketLaw, a contract automation SaaS for SMEs, secures Atomico’s support

Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform that is mainly focused on SMEs — has pocketed €10 million (~$11 million) in Series A funding led by European VC firm, Atomico, to fuel expansion in Europe. Ben Blume, partner at the venture capital firm, is joining the board as part of the […]

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Aerones raises $9M to inspect wind turbines with robots

A strange byproduct of writing about robots all the time is getting strange bits of insight into jobs you’d never really considered. Like, it makes sense, certainly, that it’s someone’s job to inspect and clean wind turbines, but the thought had never really crossed my mind. Turns out it’s a fairly harrowing job, as these […]

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Arrow saves online shopping carts in Southeast Asia

Even in markets where credit card penetration is high, shopping cart abandonment is still a major source of concern for online vendors. Now imagine the situation in Southeast Asia, where many countries have scores of e-wallets, buy now, pay later services and other forms of payment. Bank transfers are also popular option for online purchases, […]

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EvolutionIQ secures $21M to streamline insurance claims processing with AI

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. According to data from the National Association of Insurance Commissioners, the second-most common complaint that insurance customers made in 2021 was claim delays, ranked only after unsatisfactory settlement offers. The pandemic placed an additional strain […]

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Docyt raises $11.5M Series A for its AI-powered accounting automation service

Docyt, a startup that offers an AI-powered accounting automation platform for small and medium-sized businesses (SMBs), today announced that it has raised an $11.5 million Series A funding round led by Lobby Capital, with participation from First Rays Venture Partners, which led the company’s 2021 $1.5 million seed extension round, and Morado Ventures. The idea […]

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Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation

Fanatics, a Jacksonville, Fla.-based sports merchandising giant, revealed today that the NFL was the “single biggest investor” in the latest round announced by the company, a $1.5 billion round at a whopping $27 billion valuation that reportedly closed last month. The deal marked a 50% increase from the $18 billion valuation assigned to Fanatics during […]

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Ascend.io lands $31M to automate data pipeline orchestration

Ascend.io, a company developing data automation products for enterprise customers, has raised $31 million in a Series B round led by Tiger Global with participation from Shasta Ventures and existing investor Accel, it announced today. CEO Sean Knapp says that the new capital — which brings Ascend’s total to $50 million — will be used […]

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London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. The London-based company provides identity, data and payments products that it says gives developers a way to capture consent permissions and “securely” connect payment cards to a service or application. “With this infrastructure, developers are […]

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Grafana Labs raises $240M Series D

Grafana Labs, the company behind the popular Grafana visualization tools (and a contributor to other open source projects like the Prometheus monitoring system), today announced that it has raised a $240 million Series D round. The round was led by GIC, Singapore’s sovereign wealth fund, with participation from new investor J.P. Morgan and existing investors […]

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