Fresha from London bags €27.8M Funding to boost AI and Machine Learning Capabilities

London-based Fresha, a leading marketplace platform for beauty and wellness services, has secured €27.8 million ($31M) in venture debt from J.P. Morgan. This latest round of funding is set to accelerate Fresha's expansion into new markets and fuel the growth of its AI and machine learning initiatives, particularly in the realm of robotics.

United Kingdom

Fresha from London bags €27.8M Funding to boost AI and Machine Learning Capabilities

Canada, United States

Tmrw secures $1.8M CAD to launch Bitcoin Payment Platform targeting the Caribbean

Miami-based startup Tmrw, founded by the former Knox Custody team, has raised $1.8 million CAD in pre-seed funding to develop a social payment app that uses Bitcoin for cross-border transactions. The company aims to provide a faster and cheaper alternative to traditional remittance services like Western Union, initially focusing on

Netherlands

Watermeln secures €3.5M to expand Hydrogen Power Solutions

Watermeln, an Amsterdam-based company focused on developing hydrogen-powered generators, has secured €3.5 million in funding from the Amsterdam Climate and Energy Fund (AKEF) and BEEQUIP.

Switzerland

Thirona Retina acquired by Revenio Group to enhance AI-Powered Eye Care Solutions

Thirona Retina, a division of the Netherlands-based Thirona, has been acquired by Icare Finland Oy, a subsidiary of the Revenio Group Corporation. This acquisition builds on a previous €1.9 million investment by Icare in 2023, leading to the full purchase of Thirona Retina for approximately €4.8 million.

Switzerland

Reliant AI emerges from Stealth with $15.4M CAD Seed Funding led by former Google DeepMind Leaders

Montreal and Berlin-based Reliant AI, a startup focused on leveraging AI to enhance data processing in the biopharma industry, has officially come out of stealth mode, announcing the successful close of a $15.4 million CAD seed funding round.

Switzerland

Wingtra from Switzerland closes Series B1 Funding Round

Zurich-based Wingtra, a leader in professional mapping and surveying drone technology, has successfully completed its Series B1 funding round, although the exact amount remains undisclosed.

Canada

Insurtech Startup YouSet from Canada secures $3.5M CAD in Seed Round

Montréal-based insurtech startup YouSet has successfully raised $3.5 million CAD in seed funding. The company, which operates a digital insurance marketplace, plans to use this investment to introduce a new product that allows users to bundle insurance policies, making it easier for consumers to manage their coverage.

World’s Inspiring Leaders

Colin Huang: The Visionary behind TEMU and Pinduoduo

Colin Huang, born in 1980 in Zhejiang, China, showed an early interest in technology and entrepreneurship. He pursued a degree in computer science at Zhejiang University and later obtained a master’s degree from the University of Wisconsin-Madison. His strong academic background laid the foundation for his future ventures.

United States

Fabric Cryptography secures $33M to develop groundbreaking Cryptographic Processing Unit

Silicon Valley-based Fabric Cryptography has successfully raised $33 million in a Series A funding round, with Blockchain Capital and 1kx leading the investment. Key players in the crypto sector, including Offchain Labs, Polygon, and Matter Labs, also participated.

Germany

SongPush raises €2.9M to revolutionize Creator Marketing

Berlin-based startup SongPush, which focuses on enhancing creator marketing, has successfully raised €2.9 million in seed funding. The investment will be used to further develop their all-in-one platform designed to streamline the collaboration process between brands, creators, and agencies, making campaign management more efficient.

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Netherlands

Fresha from London bags €27.8M Funding to boost AI and Machine Learning Capabilities