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Machine Learning Startup Octopai Raises $4.5 Million

On Monday, Israel-based metadata management startup Octopai B.I. Ltd. announced it had raised $4.5 million in a Series A funding round. The round was led by Israel-linked venture capital firm North First Ventures wiht participation from Israel-based venture capital firms iAngels Crowd Ltd, US Israel Gefen Capital Management Ltd, as well as existing investors Moneta… Read More »

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Artificial Intelligence Megvii seeks to raises $600 million

Beijing-based artificial intelligence startup Megvii Inc., is said to be raising at least $600 million from investors including Alibaba Group Holding Ltd. and Boyu Capital, according to people familiar with the matter.Alibaba and Megvii declined to comment. It is said the round will close this round of funding within week. The company will then seek a second round of funding. The… Read More »

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Indian Realty startup Foyr raises $2 million in series A

Hyderabad-based realty startup Foyr.com has announced $2 million in funding from SRI Capital in a series A funding round. This round of funding brings to $6.5 million the amount of money raised by the startup since its inception in 2015. Besides SRI Capital, property consultant JLL, Astarc Ventures and Brick Eagle are major investors in the… Read More »

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Open Banking API provider TrueLayer raises $7.5M

London-based startup TrueLayer has raised  $7.5 million in funding in a round led by  venture capital fund Northzone. This follows a$3 million series A round in June 2017. TrueLayer has built a developer platform to make it easy for fintech and other adjacent companies, such as retailers, to access bank APIs. TrueLayer offers a single platform/API to connect… Read More »

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Sweden’s HealthTech startup Engaging Care raises $800,000

  Sweden-based heath tech startup Engaging Care has raised $800,000 in “pre-seed” funding. The round saw participation from Hampus Jakobsson (venture partner at BlueYard Capital , Sophia Bendz (EIR at Atomico), Erik Byrenius (founder of OnlinePizza) and Neil Murray’s The Nordic Web Ventures. The fresh injection of cash will be used to further develop Engaging Care’s SAAS platform. Co-founded… Read More »

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India’s online ticketing startup BookMyShow raises $100 million

India’s online ticketing service for cinemas, theatres and sports in India BookMyShow has raised $100 million in series D funding. The  round was led by private investment firm TPG Growth with participation  from undisclosed existing investors. to date, the Mumbai-based startup has raised a total of $225 million from a range of backers that include Accel,… Read More »

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Greycroft raises $250M for its fifth early-stage fund

Founded in 2006 by Alan Patricof, Ian Sigalow and Dana Settle, Greycroft, the venture capital firm that’s backed companies like the Huffington Post has announced that it has raised $250 million for its latest fund apart from seed and Series A funding rounds, the venture capital firm also invests in growth-stage startups from a seperate fund focused… Read More »

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TaxiTV Raises Seed Fund From Beta.Ventures

Lagos-based advertising-technology startup TaxiTV  has raised an undisclosed amount of seed funding in a round led by Beta.Ventures. Other backers in the round include Collins Onuegbu of SASWARE, Sam Senbanjo of Neon Ventures and several prominent individual investors. Founded in October 2017 by Akinbola Asalu and Dami Osiyale,  TaxiTV provides advertising channels for corporate brands… Read More »

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New Voices Fund -a $100 million fund for women of color

On Thursday, Richelieu Dennis, founder of SheaMoisture products and current owner of Essence Magazine, announced a $100 million fund for women entrepreneurs of color at the 2018 Essence Festival. “About six months ago, we announced that we were launching the new voices fund,” Dennis told the audience at the press conference during the Essence Festival…. Read More »

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