Tag: Series A
Fractory raises $9M to rethink the manufacturing supply chain for metalworks
The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs…
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Latent AI, which says it can compress common AI models by 10x, lands some key backing
Roughly a year ago, Latent AI, a now three-year-old, Menlo Park, Ca.-based startup, pitched a handful of investors during TechCrunch’s Battlefield competition. It didn’t win that contest, but that hasn’t kept it from winning the interest of investors elsewhere. It just closed on $19 million in Series A funding in…
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Like the US, a two-tier venture capital market is emerging in Latin America
Earlier this week, The Exchange wrote about the early-stage venture capital market, with the goal of understanding how some startups are raising more seed capital before they work on their Series A, while other startups are seemingly raising their first lettered round while in the nascent stages of scaling. The…
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Mercuryo raises $7.5M for crypto-focused, cross-border payments after crossing $50M in ARR
Mercuryo, a startup that has built a cross-border payments network, has raised $7.5 million in a Series A round of funding. The London-based company describes itself as “a crypto infrastructure company” that aims to make blockchain useful for businesses via its “digital asset payment gateway.” Specifically, it aggregates various payment…
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Via, a mobile commerce startup that claims $51 million in sales in its first six months, just closed its A round
Mobile commerce is where it’s at, and rising investment in so-called conversational commerce startups underscores the opportunity. Via, a two-year-old, Bay Area-based startup, is among those riding the wave, having identified some trends that are becoming clearer by the month. First, more e-commerce sales will be on mobile phones this…
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Wingcopter raises $22 million to expand to the U.S. and launch a next-generation drone
German drone technology startup Wingcopter has raised a $22 million Series A – its first significant venture capital raise after mostly bootstrapping. The company, which focuses on drone delivery, has come a long way since its founding in 2017, having developed, built and flown its Wingcopter 178 heavy-lift cargo delivery…
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