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Author: Steve O Hear

Weengs, the UK logistics startup for online retailers, collects £6.5M Series A

Weengs, the U.K. logistics startup for e-commerce businesses that need a more convenient way of getting online orders to customers, has raised £6.5 million in Series A funding. Leading the round is venture capital firm Oxford Capital, with Weeng’s seed investors, including Local Globe, Cherry Ventures and VentureFriends, following on. Founded by Alex Christodolou and Greg Zontanos, provides small ...

Spotinst, the startup enabling companies to purchase and manage excess cloud capacity, acquires StratCloud

Spotinst, the cloud automation and optimization startup founded in Tel Aviv but now with offices in San Francisco, New York, and London too, has acquired AWS partner StratCloud. Terms of the deal remain undisclosed, although I’m hearing it combines both cash and stock and was somewhere in the region of $5 million. As part of the acquisition, StratCloud’s team of 15 people will be joini...

Aidoc, the AI solution for medical imaging analysis, raises $27M Series B

Aidoc, the Tel Aviv startup using AI to analyse medical scans, has raised $27 million in Series B funding. The round is led by Square Peg Capital and brings total funding to date to $40 million. The company’s previous backers include Israeli VC TLV Partners, Magma Ventures and Emerge. Offering a solution aimed at radiologists — and already deployed commercially across 100 sites —...

Sweden’s Engaging Care raises €2.5M seed to scale patient communication and improve outcomes

Engaging Care, the Swedish heathtech startup founded by Annica Belfrage and Charlotta Tönsgård (who was previously CEO of online doctor app Min Doktor), has raised €2.5 million in seed funding. The round is co-led by two European venture capital firms: Connect Ventures and Crowberry Capital. It follows the company’s €800,000 pre-seed funding in July from a number of well-known European inves...

Enterprise events management platform Bizzabo scores $27M Series D

Bizzabo, the New York and Tel Aviv-based events management platform, has raised $27 million in Series D funding. Leading the round is Viola Growth, along with new investor Next47. We’re also told that previous backers, including Pilot Growth, followed on. The new funding brings the total raised by the company to $56 million. Originally launched in 2012 as a networking app for event attendees...

Cytora secures £25M Series B for its AI-powered commercial insurance underwriting solution

Cytora, a U.K. startup that had developed an AI-powered solution for commercial insurance underwriting, has raised £25 million in a Series B round. Leading the investment is EQT Ventures, with participation from existing investors Cambridge Innovation Capital, Parkwalk, and a number of unnamed angel investors. A spin out of the University of Cambridge, Cytora was founded in 2014 by Richard Hartley...

Medbelle raises $7M to build out its ‘digital hospital’

Medbelle, the London and Berlin-based startup offering what it calls an “end-to-end platform” for medical procedures, has raised $7 million in Series A funding. The round was led by Signals Venture Capital — the VC fund of major German health insurer Signal Iduna — with partipation from Talis Capital, Mutschler Ventures, IBB and Cavalry Ventures. Founded in 2016 by Leander ...

LumApps raises $24M Series B for its ‘social intranet’

LumApps, the “social intranet” for the enterprise, has closed $24 million in Series B funding. The round is led by previous backer IdInvest, and will be used to scale LumApps’ global sales and marketing and accelerate product development. Founded in Paris in 2012 — and now also with offices in London, Tokyo, San Francisco and New York — LumApps has developed a social ...

Trint, the AI-powered translation service, closes $4.5M Series A

Trint, the London-based translation startup co-founded by Emmy-winning journalist Jeff Kofman, has raised $4.5 million in Series A funding. The round includes follow-on investment from Horizons Lab, the Hong Kong-based seed fund operated by the managers of Horizons Ventures, with participation from TechNexus, and The Associated Press. It brings total funding for Trint to $7.8 million since the com...

Shedul, the booking platform for salons and spas, raises $20M Series B at a $105M valuation

Shedul, the online booking platform for salons and spas, has raised $20 million in Series B investment of, valuing the company at $105 million. The round was led by Paris headquartered VC Partech, with participation from Berlin-based Target Global, Dubai-based BECO Capital, and New York’s FJ Labs. In addition, personal investments were made by Jonathan Green, Partner at New York-based hedge ...

Personio acquires Spanish payroll startup Rollbox

Just three months after raising $40 million in a Series B funding, German HR and recruiting platform Personio is announcing that it has acquired Rollbox, the Spanish startup that offers an API-based payroll solution. The two companies had already been working together but now Personio is bringing Rollbox’s tech and team in-house. The full terms of the deal remain undisclosed. However, I unde...

Leadfeeder raises €3.1M Series A to turn website visitors into leads

Leadfeeder, a Helsinki-based startup that helps B2B companies generate new leads from website analytics, has closed a €3.1 million in series A funding. Leading the round is Dutch growth capital firm Endeit Capital, with Finland’s Superhero Capital and Vendep Capital participating. The Finnish company says the new capital will be used to further develop its “AI-powered” lead automation ...

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