Tag Archive : raises

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Tiltify – a digital fundraising platform that counts among its users such notables as actors Emilia Clark and Vin Diesel, and influencers DrLupo, Jacksepticeye and Markiplier – said it has now done some decidedly non-charity fundraising of its own, raising $6.5 million in a Series A round.

The Los Angeles-based company said it will use the money to expand its reach beyond traditional charity fundraisers in developing new ways to engage with next-generation consumers, and encourage more donations. That may include new kinds of features and game-ifications, such as “polls, rewards, milestones, visual overlays, and animations,” according to the company.

This has been one of the most difficult years in recent history for America and around the globe, desperately catalyzing the need to support causes worldwide,” said Tiltify CEO Michael Wasserman, a co-founder. “Fortunately, our community of creators took to their platforms to leverage their

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Groundbreaking AI Software Highlighted by Gartner As “Bringing AI Closer to Human Learning and Intelligence”  

Company’s Stealth Mode Successes Include Tens of Millions in Revenue, Long-Term Contracts & Partnerships with the World’s Largest Consultancies & Fortune 500 Clients

BlackSwan Technologies launches as the world’s first enterprise AI operating system, enabling any company to leverage the most advanced artificial intelligence for an unprecedented level of operational efficiency and data-driven decision making. Since it began offering its technology to a limited customer base earlier this year, BlackSwan Technologies has generated tens of millions of dollars in revenue through multi-year contracts with many leading businesses. The company has also established a groundbreaking partnership with Deloitte to provide leading global banks an AI-powered platform that is already proven to increase revenue and drive efficiencies.

BlackSwan Technologies was recently recognized in Gartner’s 2020 Hype Cycle for Emerging Technologies report as a pioneer in “bringing AI

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(Bloomberg) — A.P. Moller-Maersk A/S raised its full-year guidance amid a recovery in demand and sweeping efforts to cut costs.



a large ship in the background: Inside DP World Plc London Gateway Port


© Bloomberg
Inside DP World Plc London Gateway Port

The container shipping company, which is eliminating hundreds of jobs, said earnings before interest, taxes, depreciation and amortization will be in the range of $7.5 billion to $8 billion, before restructuring and integration costs. That compares with an earlier forecast of $6 billion to $7 billion, according to a statement.

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“The upgrade underlines the strong earnings momentum,” Brian Borsting, a credit analyst at Danske Bank A/S, said in a client note.

Copenhagen-based Maersk, which transports about 15% of the globe’s seaborne freight, said there was a “continued recovery in demand” in the third quarter. It reported revenue of $9.9 billion for the quarter, and an EBITDA before costs of $2.4 billion.

Maersk is undertaking a major restructuring as the

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4 min read

Opinions expressed by Entrepreneur contributors are their own.


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Cloud kitchen operator Sweetheart Kitchen has successfully secured €15 million (US$17.7 million) in a Series C funding round backed by strategic investors, led by the company’s founder and CEO Peter Schatzberg.

As a delivery-only multi-brand virtual kitchen, Schatzberg notes that the Dubai-based company is keen to invest their funding into supply chain technology, food design and hiring talent, as they had previously done, and which they plan to continue to do so. “Scaling units is certainly one important objective for us, but we are also investing in streamlining our processes and systems to achieve profitability.”

As a company that is only 15 months old, it’s noteworthy to point out its impressive milestones. The startup (which, according to a Wamda report, is backed by Germany’s Delivery

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These days when you found a startup, you don’t go out and buy a rack of servers. And you don’t build an in-house datacenter team. Instead, you farm out your infrastructure needs to the major cloud platforms, namely Amazon AWS, Microsoft Azure and Google Cloud.

That’s all well and good, but over time any startup’s cloud setup will become more complex, varied and perhaps multi-provider. Throw in microservices and one can wind up with a big muddle, and an even bigger bill. That’s the problem that Yotascale wants to attack.

And there’s money backing the startup’s progress, including $13 million in new capital. The round, a Series B, was led by Aydin Senkut at Felicis with participation from other capital pools, including Engineering Capital, Pelion Ventures and Crosslink Capital. Yotascale has now raised $25 million in total.

The funding event caught my eye, as I’ve heard startup CEOs discuss their

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Existing investors Chiratae Ventures, YourNest Venture Capital and NASSCOM former chairman Keshav Murugesh also participated in the round

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3 min read

Opinions expressed by Entrepreneur contributors are their own.


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Mumbai-based startup Miko—founded in 2015 by IIT-Bombay graduates Sneh R. Vaswani, Prashant Iyengar and Chintan Raikar—has raised INR 23 crore in a pre-series B round led by Stride Ventures.

Existing investors Chiratae Ventures, YourNest Venture Capital and NASSCOM former chairman Keshav Murugesh also participated in the round.

The trio founded Emotix which focuses on creating emotionally intelligent solutions and its products leverage proprietary and state of the art artificial intelligence (AI), robotics and Internet-of-Things.

Launch Of Miko 2

After the success of their first generation of Miko, the robotics startup developed Miko 2—a puppy-sized

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Flash Express, a two-year-old logistics startup that works with e-commerce firms in Thailand, said on Monday it has raised $200 million in a new financing round as it looks to double down on a rapidly growing market spurred by demand due to the coronavirus pandemic.

The funding, a Series D, was led by PTT Oil and Retail Business Public Company Limited, the marquee oil and retail businesses of Thai conglomerate PTT. Durbell and Krungsri Finnovate, two other top conglomerates in the Southeast Asian country, also participated in the round, which brings Flash Express’ to-date raise to about $400 million.

Flash Express, which operates door-to-door pickup and delivery service, claims to be the second largest private player to operate in this space. The startup, which also counts Alibaba as an investor, entered the market with delivery fees as low as 60 cents per parcel, a move that allowed it to quickly

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The funding will be used to triple the size of the global team and further expand into its core markets in Europe, Asia and Latin America

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2 min read


MessageBird, an omnichannel cloud communications platform on Friday announced that it has raised USD 200 million in Series C funding round.

The investment round was led by Spark Capital along with participation from Bonnier, Glynn Capital , LGT Lightstone, Longbow and others.

With this capital infusion, the startup’s valuation stands at USD 3 billion.

The company said it will use the funding to triple the size of its global team and further expand into its core markets in Europe, Asia and Latin America.

Founded in 2011, the startup through its omni channel communication platform offers  a suite of both omnichannel products and cloud communications

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MessageBird, a cloud communication platform spanning AI-powered contact center software and APIs for developers, has raised $200 million in a series C round of funding led by Spark Capital. The company has now raised a total of $300 million and is valued at $3 billion.

The Netherlands-based company is perhaps best known for its Twilio-like platform that enables app makers and enterprises to add messaging, voice, SMS, and email functionality to their products through an API (application programming interface). This spares them the resource-intensive task of developing communications infrastructure and makes it easier for companies like Uber to offer text- and voice-based communication features inside their apps.

Omnichannel

MessageBird has also been broadening its horizons. Back in March, the company launched Inbox, a cross-channel contact center platform touted as the “Slack for external communications.” Inbox allows companies to receive inbound customer service requests from messaging apps, SMS, voice, and email

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Exer Labs has raised $2 million in funding and it has unveiled its AI and computer vision Exer Studio app for the Mac that captures your movements for coaching advice and Peloton-style leaderboards for workouts.

The Denver-based fitness startup captures your movements with your laptop’s camera and evaluates your form. It can share your results with friends, fitness coaches, or others to see where you rank on the leaderboards, motivating you to work harder or faster.

CEO Zaw Thet said in an interview with VentureBeat that Exer relies on edge-based AI (meaning it uses your smartphone’s computing power) and computer vision to power its motion coaching platform. It offers real-time audio and visual feedback via a Mac (and its camera), on almost any type of human motion, without having a human in the loop. The mission is to help people move, train, and play better. Coaches can use the app

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