XXII has raised a $23.6M funding round to provide AI-powered video camera solutions. The platform enables real-time analysis. More: - XXII provides real-time video camera analysis solutions that help cities and organizations track:
- Illegal dumping,
- Parking management,
- Intrusions, etc.
- The round was led by Fonds Innovation Défense, 574 Invest, CIB Développement, Techmind, Kima Ventures, and the Duval Group.
- The company aims to use the funds to:
- Recruit new talent
- Mass deploy its technology,
- Address new markets and speed up international development in the U.S., Europe, and the Middle East.
- The company was founded in 2015 and is based in Paris, France.
- It currently has over 70 employees.
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Skupos has raised a $22.5M funding round to help retailers increase their revenue through digitalization. The company helps process 9 million transactions per day. More: - Skupos helps retailers create new revenue streams by launching features such as:
- scan data programs,
- promotions,
- rebate programs, etc.
- The company claims to be America’s largest independent convenience store network, with over 15,000 customers and $200M in tracked sales per day.
- Some of its clients are:
- PepsiCo,
- Frito-Lay,
- 5-hour Energy, etc.
- This Series B funding round was led by Brex Asset Management and SQN Venture Partners.
- Skupos was founded in 2016.
- The company is based in Denver, Colorado.
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Wingtra has raised a $22M Series B funding round to provide mapping drones. The company's drones have been used by NASA. More: - The company claims to be the world's largest producer of vertical take-off drones.
- WingtraOne drones complete more than 100,000 flights annually and have mapped 18 million acres of land and sea so far.
- Wingtra drones are used in industries such as:
- construction,
- mining,
- environmental monitoring,
- agriculture,
- urban planning, etc.
- Some of its clients are:
- NASA,
- Texas A&M University,
- The Ohio State University,
- CEMEX,
- Rio Tinto,
- Army Corps of Engineers, and
- Kenya Red Cross.
- The company was founded in 2014.
- Wingtra is based in Switzerland and has offices in the U.S. and Croatia.
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Numbers Station has raised a $17.5M funding round to help companies automate data using natural language instructions. This is the company's first major funding round since its inception in 2021. More: - The platform enables its users to give natural language instructions that help them complete a task while the platform immediately generates code for execution.
- The company has worked with companies in verticals such as marketing, sales, retail, etc.
- Madrona led the funding round, with participation from Norwest Venture Partners, Factory, and angel investors.
- The company intends to use the funds to accelerate growth and expand its operations.
- Numbers Station is based in Menlo Park, California.
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💵 Today's funding: Food tech - Momofuku Goods (New York), a Michelin restaurant that sells pantry essentials: $17.5M Growth led by Siddhi Capital.
Transportation - DeepDrive (Germany), aims to build EV motors that have high torque and low noise: $16.1M led by BMW i Ventures.
Cybersecurity - Aembit (Maryland), an identity platform for DevOps and Security teams: $16.6M Growth led by Ballistic Ventures and Ten Eleven Ventures.
Biotech Fintech - Monite (Germany), enables companies to manage their billing: $10M Seed led by Third Prime, with participation from S16, Audeo Ventures, Long Run Capital, and Point72 Ventures.
Artificial Intelligence -
Tavus (California), offers advanced video editing features using AI: $6.1M Seed led by Sequoia Capital, with participation from REMUS Capital, Y Combinator, SV Angel, Liquid 2 Ventures, GTM Fund, Mantis Capital, Hack VC, Terra Nova, Accel, Lightspeed Venture Partners, Index Ventures, Soma Capital, and Zillionize. Consumer - Go (Pennsylvania), enables users to buy cars without a down payment: $6M Growth led by Starting Line VC with participation from Digital Horizon.
Healthcare tech - AERA Health (Switzerland), provides comprehensive health checks, advanced diagnostics, and personalized health plans: $4.3M Pre-Seed led by angel investors.
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- Roundtable, a Belgium-based community investing platform, has raised $3.2M from 3000 angel investors.
- German startup Mainteny has raised a $2.9M Seed round led by Cusp Capital with participation from Smart Infrastructure Ventures and Tiny VC. The startup provides software tools that help companies digitize administrative and day-to-day tasks.
- ROOK, a Florida-based B2B SaaS company that provides health data and insights: $1.7M Pre-Seed led by NuFund Venture Group with participation from AlliedVC, CrossOceanFund, Harvard Business Fund, Hilltop Venture Partners, InstaVC, IrieVC, IQ Ventures, Liebenthal, Mana Ventures, MCMA VC, Stadia Ventures, Techstars, and TheSageHouse.
- Learning platform VitalSource has acquired Akademos, a Connecticut-based company that provides colleges and universities with a full-service online bookstore and course materials platform.
- Mastercard has acquired Swedish cybersecurity company Baffin Bay Networks for an undisclosed amount.
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 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
Talaera is an on-demand platform for high-impact, personalized professional English and culture training. | |
Lacework offers the data-driven security platform for the cloud and is the leading cloud-native application protection platform (CNAPP) solution. | |
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