Spark Capital and General Catalyst Further Invest in Teooh Virtual Gathering Platform Teooh’s new funding will accelerate platform growth as company primes to exit beta period LONDON, June 25, 2020 (GLOBE NEWSWIRE) — Teooh, an avatar-based virtual gathering platform, today announced new funding from Spark Capital and General Catalyst to accelerate platform growth and development and […]Read More
7bridges, a London, UK-based AI-powered optimization engine for businesses to scale and automate logistics and supply chains, raised $3.4m in seed funding. The round was co-led by Crane Venture Partners and LocalGlobe. The company intends to use the funds for the roll-out of the Logistics Engine Optimisation ‘L.E.O’ technology to clients globally, in industries from […]Read More
Hopin Raises $40 Million Series A to Scale Virtual Events PlatformMore than 16,000 organizations embrace Hopin, including United Nations, Dell and The Wall Street Journal; company growing to serve 50,000-organization waitlist, build for long-term growth LONDON, June 25, 2020 — Hopin, the leading virtual events provider, raised a $40 million Series A led by IVP, joined by Salesforce Ventures […]Read More
Fundraising round supports Reactec’s development of social distancing tech Reactec, the Edinburgh-based tech company that recently launched its innovative SAFE-DISTANCE device to enable social distancing among workers, has completed a further £700,000 round of fundraising for the ongoing development of its innovative personal monitoring equipment and reporting technology. The funding round was led by leading […]Read More
Ziglu secures £5.25 million seed funding to provide transparent and simple access to cryptocurrency London – 25th June 2020 – Ziglu, the cryptocurrency challenger has today formally completed its seed funding round, having successfully secured £5.25 million from a number of specialist UK FinTech investors, and entrepreneurs. Despite the challenges of lockdown and the economic pressures, […]Read More
ThingTrax Raises $1m to Build the Autonomous Factories of the Future Using a combination of cloud computing, Internet of Things (IoT), and Artificial intelligence (AI), ThingTrax is already working with factories across the world to turn them into smart manufacturing hub Amid the COVID-19 crisis, ThingTrax has developed new solutions that enable manufacturers to adhere […]Read More