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CVCs remained consistent investors in 2022

par Rebecca Szkutak | Mar 18, 2023 | corporate venture capital, CVC, EC News Analysis, EC venture capital, Funding, Startups, venture

Amid the venture industry’s funding slowdown in 2022, nontraditional investors like hedge funds and private equity firms ran for the hills. Many assumed that corporate venture capital funds would, too — but they didn’t. These strategic backers remained...

Wingspan raises $14M for its all-in-one payroll platform for contractors

par Kyle Wiggers | Mar 16, 2023 | Enterprise, Fintech, Funding, hr, payroll, startup, Startups, wingspan

In the wake of the pandemic, more and more companies are relying on independent contractors to sustain and grow their businesses — and more people are turning to freelancing. According to a Fiverr poll, 45% of businesses are using more freelancers than before...

Fairmatic raises $46M to bring AI to commercial auto insurance

par Kyle Wiggers | Mar 16, 2023 | auto insurance, battery ventures, Fairmatic, Fintech, Funding, insurtech, Robotics & AI, startup, Startups

With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Car insurance premiums rose 13.7% nationally over the past year, according to a study from Bankrate.com. Home insurance, meanwhile,...

IT-as-a-Service startup Deeploi raises €3M

par Frederic Lardinois | Mar 16, 2023 | Cherry Ventures, Enterprise, Funding, seed funding, startup

Deeploi, a Germany-based startup that is building an IT-as-a-Service platform, today announced that it has raised a €3 million seed funding round led by Berlin’s Cherry Ventures, with participation from a group of angels that includes the founders of Taktile,...

IT-as-a-Service startup Deeploi raises €3M

par Frederic Lardinois | Mar 16, 2023 | Cherry Ventures, Enterprise, Funding, seed funding, startup

Deeploi, a Germany-based startup that is building an IT-as-a-Service platform, today announced that it has raised a €3 million seed funding round led by Berlin’s Cherry Ventures, with participation from a group of angels that includes the founders of Taktile,...

Adept, a startup training AI to use existing software and APIs, raises $350M

par Kyle Wiggers | Mar 15, 2023 | Adept, AI, Artificial Intelligence, Funding, Robotics & AI, startup, Startups

In another sign that the current VC appetite for AI is insatiable, Adept, a startup building AI that “enables humans and computers to work together creatively to solve problems,” yesterday announced that it raised $350 million in a Series B funding round...
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