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iAngels, the private investment platform founded and helmed by Mor Assia and Shelly Hod Moyal, has today announced the close of its first institutional fund. The firm has raised $55.5 million, which was anchored by the European Investment Fund, which put in $25 million. This brings iAngels’ t

In May of last year, Covariant announced that it had raised a $40 million Series B. It was a healthy sum of money for the young company, bringing its total funding up to $67 million. Just a little over a year later, the Berkeley-based AI startup is adding another $80 million to its coffers, riding

Tencent's WeChat said on Tuesday it is temporarily suspending registration of new users in China as it works to comply with “relevant laws and regulations,” the latest Chinese firm to face regulatory scrutiny in the world's largest internet market. In a social media post, Tencen

In between A/B testing, customizing targeted ads and formatting for different digital platforms, some design teams are tasked with campaigns that include thousands of images, videos and other visual content. Based in Bangalore, Rocketium automates much of the process, allowing teams to scale-up cam

HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation from STIC, LB and Mirae Asset Indonesia and Singapore. It also included returning investors Mirae-Asse

Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world. They are the backbone of most economies: Globally, SMEs represent about 90% of existing businesses and create more than 50% of employment. In South Africa, t

Onto has raised $175 million in a combined equity and debt Series B round, capital the U.K.-based electric vehicle subscription startup plans to use to expand within the country as well as move into new markets. This latest round brings Onto’s total funding to $245 million. Swedish VC Alfvén

Many have tried to do away with it, but email refuses to die … although in the process it might be (figuratively speaking) killing some of us with the workload it brings on to triage and use it. A startup called Sedna has built a system to help with that — specifically for enterprise and ot

After Element acquired Gitter last year to bring in more users and features into its own decentralized, Matrix-based messaging app, the startup is announcing some funding to invest in its growth. Element has picked up $30 million in a Series B round of funding. Some of the funding will be used to e

With Microsoft now being an investor in OpenAI the field is more open for new insurgents into the open-source AI arena. Now a German company hopes to take on the next AI mantle and produce something akin to the success of the GPT-3 AI model. German AI startup Aleph Alpha has now raised €23 millio

When it comes to health issues like menopause, fertility, pregnancy, and even early parenthood, the data tells us that people typically turn to search engines and social media for advice to ask about symptoms or concerns they have. They tend not to go to a medical practitioner, in the first instanc

Online abuse, disinformation, fraud and other malicious content is growing and getting more complex to track. Today, a startup called ActiveFence is coming out of the shadows to announce significant funding on the back of a surge of large organizations using its services. ActiveFence has quietly b

Shared electric micromobility company Lime announced a partnership to integrate its electric scooters, bikes and mopeds into the Moovit trip planning app. As of August 2, Lime’s vehicles will be included as a travel option in tandem with public transit for either all or part of a multimodal j

Indian social media platform ShareChat said on Tuesday it has raised an additional $145 million and is now valued at nearly $3 billion, less than three months after it secured $502 million at a valuation of $2.1 billion. Temasek and Moore Strategic Ventures led the new tranche of investment while