Category: London
Tractable claims $25M to sell damage-assessing AIs to more insurance giants
London-based insurtech AI startup Tractable, which is applying artificial intelligence to speed up accident and disaster recovery by using computer vision to perform visual damage appraisal instead of getting humans to do the job, has closed a $25 million Series C, led by Canadian investment fund Georgian Partners. Existing investors…
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VC firm Oxx says SaaS startups should avoid high-risk growth models
‘The companies that best meet their customers’ needs always end up winning’ Steve O’Hear @sohear / 8 hours Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies”…
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These specialized Africa VC funds are welcoming co-investors
For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene is performance-light — one major IPO and a handful of exits — but there could be greater returns for investors…
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Snap accelerator names its latest cohort
Yellow, the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The new batch of startups coming from across the U.S. and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers,…
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Sixgill raises $15M to expand its dark web intelligence platform
Sixgill, an Israeli cyber threat intelligence company that specializes in monitoring the deep and dark web, today announced that it has raised a $15 million funding round led by Sonae IM, a fund based in Portugal, and London-based REV Venture Partners. Crowdfunding platform OurCrowd also participated in the round, as did…
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TLcom Capital closes $71M Africa fund with plans to back 12 startups
VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next 18 months. The group — with offices in London, Lagos, and Nairobi — is looking for tech enabled, revenue driven ventures in Africa from seed-stage…
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