Enedym, the technology company that develops next generation electric propulsion and electrified powertrains, has announced a $15 million financing round from an international group of strategic investors within the U.S., Canada, Europe, and India; including P&A Paletta Giving Inc., TRIO Capital Group Inc., Napino Group, KWG Capital Inc., Pathfinder Asset Management Limited, and others. The…
Givingli, creators of the design-forward gifting app, has announced that it has raised $4 million in seed funding, bringing the total raised to $5 million. Led by Alexis Ohanian’s Seven Seven Six, participants in the latest round of funding also include Snap’s Yellow Accelerator and Pipe Co-CEO and Co-Founder, Harry Hurst. The latest round of…
XANT, an enterprise Sales Engagement Platform has announced an ongoing strategic partnership agreement with EXL, an operations management and analytics company. “Data, analytics, and AI capabilities have become integral for success in the sales and marketing space. This partnership with XANT will enhance our revenue acceleration offering to deliver the kind of data-driven customer experiences…
Jio Haptik Technologies Limited, a conversational AI company and a subsidiary of Reliance Jio Platforms, have announced a strategic collaboration with SETU, India’s API infrastructure provider to offer a unified WhatsApp payment experience to businesses and users across India. “With this integration, Haptik & SETU convert WhatsApp into an ultimate all-in-one payment collection and commerce…
International, interdisciplinary design practice, BDP has strengthened its capabilities in the sports sector with the acquisition of global stadia design specialist, Pattern. It is the latest business to join BDP following the purchase of Toronto-based architecture practice, Quadrangle in 2019. BDP’s Chief Executive, John McManus, who oversaw the acquisition, said, “With the eyes of the…
EQT has announced that the EQT Mid Market Europe fund has agreed to sell Fertin Pharma, a specialist CDMO in innovative oral and intra-oral delivery technologies, to Philip Morris International Inc. for an enterprise value of DKK 5.1 billion. Headquartered in Vejle, Denmark, Fertin Pharma is a specialist CDMO in innovative oral and intra-oral delivery…
Juno Journey, the creator of an AI platform, has announced that it has raised $19 million in Series A funding in its first institutional funding round. The round was led by Insight Partners, a global venture capital and private equity firm, with participation from VC Cerca and existing investor 10D Ventures. Juno Journey was founded…
Striim, Inc., a provider of a real-time data integration platform, has announced the completion of the Series C funding led by Goldman Sachs Equity and welcoming an additional new investor, Solasta Ventures. Based in Palo Alto, CA, Striim is led by Founder & CEO, Ali Kutay, and was founded by the core team from GoldenGate…
Ridecell Inc., an automation and mobility platform provider for digital transformation, has announced that it has promoted Shiva Kumar to the role of Chief Financial Officer (CFO). Shiva joined Ridecell in 2019 as Executive Vice President of Business Development and Strategic Finance. In his new role, Shiva will lead the company’s finance, accounting, corporate development,…
Mobileum Inc., a global provider of analytics solutions for roaming and network services, security, risk management, and testing and monitoring solutions, has acquired Niometrics, a provider of deep network analytics. According to a statement, the acquisition expands Mobileum’s actionable analytics platform with customer discovery, engagement, and experience capabilities. Mobileum’s Active Intelligence platform is a telecom-focused…
QuEST Global, a global product engineering and lifecycle services company, has acquired Synapse Design, a Silicon Valley headquartered design and engineering services provider. This acquisition will enable QuEST’s vision to grow its semiconductor business, add at least 2,000 engineers in the next four years, according to a statement. Synapse Design has its design centers in…
Setu has announced the appointment of Gojek Veteran Irfan Shah as CTO. “We are so excited to have Irfan join us as CTO. Setu is building financial infrastructure for the internet, and our guild of code poets needed a leader like Irfan to build a kickass technology backbone and help find kindred spirits. His experience…
Freshworks Inc., a software company, has announced the appointment of diversity advocate Randi Bryant as the company’s first Chief Diversity and Inclusion Officer. Bryant brings more than 20 years of experience to Freshworks, having helped organizations like Comcast, McDonald’s, the New York Transit Authority, and the U.S. Department of State, to equip employees with the…
Tapcart, a mobile commerce platform that enables Shopify-powered brands to launch mobile apps, has announced that it has raised Series B funding of $50 million. The round was led by Left Lane Capital with participation from Shopify, SignalFire, Greycroft, Act One Ventures and Amplify LA. “Tapcart is a true end-to-end sales channel built for marketers.…
Side, a real estate technology company, has announced the company has raised an additional $50+ million, more than doubling its valuation to $2.5 billion just three months after being valued at $1 billion. The round was led by Tiger Global Management, with participation from ICONIQ Capital and D1 Capital Partners. Total combined funding for Side…