Peltarion raises $20M for its AI platform

Peltarion, a Swedish startup founded by former execs from companies like Spotify, Skype, King, TrueCaller and Google, today announced that it has raised a $20 million Series A funding round led by Euclidean Capital, the family office for hedge fund billionaire James Simons. Previous investors FAM and EQT Ventures also participated, and this round brings…

Figma gets $40 million Series C to put design tools in the cloud

With more industries and organizations recognizing design as a pillar of business, a battle is brewing among makers of design tools. And with a fresh $40 million in Series C funding, Figma is ready to fight. Co-founder and CEO Dylan Field explains that when he and co-founder Evan Wallace started the company, in 2012, IBM…

Biotech AI startup Sight Diagnostics gets $27.8M to speed up blood tests

Sight Diagnostics, an Israeli medical devices startup that’s using AI technology to speed up blood testing, has closed a  $27.8 million Series C funding round. The company has built a desktop machine, called OLO, that analyzes cartridges manually loaded with drops of the patient’s blood — performing blood counts in situ. The new funding is…

Ripple’s Fundraising Arm Xpring Invests in XRP Community Developer’s Lab

Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13. Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time XRP community developer and one of the three XRPL Labs co-founders —  is a…

Grover launches e-scooter subscription service

Grover, the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech as an alternative to owning products outright, is going all-in on e-scooters or so-called micro-mobility. The latest to jump in on the e-scooter craze, the company is launching an e-scooter monthly subscription service in Germany. Dubbed GroverGo, customers can rent the Xiaomi…

Teckro scores $25M Series C round to speed up clinical trials

Teckro, a software platform that claims to make the conduct of clinical trials more efficient and collaborative, has closed $25 million in Series C funding. The round, which brings the total raised by the Irish company to $43 million, is led Northpond Ventures with participation from Founders Fund, Sands Capital Ventures, Bill Maris’ Section 32…

Malt raises $28.6 million for its freelancer platform

French startup Malt is raising a $28.6 million funding round (€25 million) with Idinvest Partners leading the round and existing investors ISAI and Serena also participating. Overall, the company has raised $36.6 million since its creation (€32 million). Malt has created a marketplace for engineers working as freelancers and companies. There are currently 100,000 freelancers…

Qloo acquires cultural recommendation service TasteDive

Qloo announced this morning that it has acquired TasteDive. The two companies sound pretty similar — according to the announcement, Qloo is “the leading artificial intelligence platform for culture and taste,” while TasteDive is “a cultural recommendation engine and social community.” What’s the difference? Well TasteDive is a website where you can create a profile,…

Medivis has launched its augmented reality platform for surgical planning

After two years of development, Medivis, a New York-based company developing augmented reality data integration and visualization tools for surgeons, is bringing its first product to market. The company was founded by Osamah Choudhry and Christopher Morley who met as senior residents at NYU Medical Center. Initially a side-project, the two residents roped in some…