TechMiners

🚀 Congratulations to DemoSquare on closing a CHF 1.2 million pre-seed round to transform global political monitoring with AI! The round, led by Zurich-based QBIT Capital, will accelerate the startup’s expansion to the European markets. HTGF | High-Tech Gründerfonds is a co-investor and supports this expansion with our strong network of major corporations. 🔮 With political uncertainties and regulatory trends on the rise globally, companies must monitor legislative changes carefully – or accept to expose their business to critical risks. DemoSquare is an AI-powered SaaS platform that enables companies to navigate regulatory complexities efficiently and stay ahead of legislation. The EPFL spinoff is based on the PhD research in machine learning and artificial intelligence of its founders, Dr. Victor Kristof (CEO) and Dr. Jérémie Rappaz (CTO). 🗨 Victor Kristof, DemoSquare’s co-founder and CEO, says: “We are thrilled to announce the closing of this first funding round one year after launching DemoSquare, and we are honored to count such impactful investors onboard. This is a gratifying validation for our team’s efforts and a testimony to our ambitions. The investment will now support us in reaching our next goal: To deploy our cutting-edge solution to public-affairs teams in Europe.” 💬 Daniela Bach, principal at HTGF comments: “We invested in DemoSquare because data and AI can play a major role in bringing more transparency and predictability into law-making processes. This is key in a current dense regulatory environment for political stakeholders and corporates alike, and we are excited to back Victor and Jérémie who have the perfect academic and tech background for building this company.” 🙌 HTGF congratulates Victor, Jérémie and the whole team at DemoSquare. Learn more by following the link in the comments. 👇

It’s been a big year for Captions, and it’s only July. Building on this momentum, we’re excited to announce our $60M Series C, led by Index Ventures. That brings our total capital raised to $100M, which we’ll be investing in AI video research right here in New York City. We built Captions to make it easy for anyone, anywhere to tell their story with a video — we believe that AI unlocks new possibilities to generate and edit talking videos, and that AI will change the future of video as we know it. Looking at the past year, there’s a lot to be proud of: we hit 10M global creators, launched a collection of world-first generative features, and our customers created over 3M videos each month — telling diverse stories, transcending language barriers, and even falling in love, as profiled in the New York Times. Our team also grew from 15 to 60 here in New York City. We’re thrilled to welcome back returning investors Kleiner Perkins, Andreessen Horowitz, and Sequoia Capital, and new investors Adobe Ventures, HubSpot Ventures, and Jared Leto to this round. We’re grateful for your support. Read more about our fundraise in Bloomberg News, covered by Rachel Metz. If you’re interested in joining a fast-moving team that’s defining the future of AI in video, check out our careers page: https://lnkd.in/gYQ-B8mm —we’d love to talk.

We are thrilled to welcome HRD Group to Assessio, Nordic’s leading Talent Assessment software platform. Anastasia Kovaleva: “We are pleased to welcome HRD Group into the Assessio family. The acquisition will give Assessio access to DACH, helping drive an increase in maturity and adoption of data-driven talent assessment and talent development in the region. Talent recruitment and development processes are yet to fully benefit from automation and AI innovation, with lots to be gained from making data-driven decisions in place of gut feel. Assessio is leading the way, and this acquisition supports its strategy of becoming a leading pan-European provider of tech-led talent management solutions.”

🚀 FLEX Capital übernimmt Mehrheitsanteil an PROXORA: Gemeinsam auf dem Weg zur europäischen Marktführerschaft im Compliance Management! Wir freuen uns, die Mehrheitsbeteiligung von FLEX Capital an PROXORA Compliance Management. Next Level., dem Pionier im Bereich Compliance Management Software, bekannt zu geben. Diese Partnerschaft markiert einen bedeutenden Schritt, um PROXORA von einem Hidden Champion zu einem führenden europäischen Anbieter weiterzuentwickeln. ➡️ Christoph Jost, Managing Partner von FLEX Capital, betont: "PROXORA ist eine herausragende Erfolgsgeschichte des deutschen Mittelstands. Das Team zeichnet sich durch umfassendes Corporate Compliance Know-How und langjährige IT-Expertise aus. Der Compliance-Markt ist spannend. Verschärfte Regelungen und neue Gesetze machen professionelle Compliance-Lösungen für immer mehr Unternehmen relevant." PROXORA, gegründet 2001 in München, bietet eine innovative Compliance-Plattform, die Unternehmen bei der Umsetzung von Compliance-Prozessen unterstützt und Risiken effizient mindert. Renommierte Kunden wie BMW, Siemens und Volkswagen vertrauen auf diese Lösungen. ➡️ Jan Tchinitchian, Gründer und Geschäftsführer von PROXORA, erklärt: "Nach einem intensiven Auswahlprozess haben wir uns bewusst für FLEX Capital entschieden. FLEX hilft uns, Entwicklungsprozesse zu beschleunigen und erfolgreich neue Kundenanforderungen umzusetzen. Ich vertraue auf ihre Erfahrung und freue mich auf eine gemeinsame Erfolgsgeschichte." FLEX Capital wird PROXORA mit einem spezialisierten Expertenteam operativ unterstützen und den Ausbau der Teams sowie die strategische Weiterentwicklung der Plattform vorantreiben. ➡️ Peter Waleczek, Managing Partner bei FLEX Capital, ergänzt: "PROXORA ist eine grandiose unternehmerische Leistung. Ich freue mich darauf, hier gemeinsam anzusetzen und einen weiteren Hidden Champion der deutschen Softwarebranche zu einem führenden europäischen Unternehmen auszubauen." Wir sind stolz auf diese spannende Partnerschaft und freuen uns auf eine erfolgreiche Zukunft!    Vielen Dank an unsere Partner von TechMiners, Forvis Mazars in Germany, COVENDIT, CMS und GvW Graf von Westphalen für die großartige Zusammenarbeit an diesem Deal! 🔗 zur Pressemitteilung: https://lnkd.in/dtc_89Xi #Compliance #Software #PrivateEquity #Innovation #Growth #Partnership #FLEXCapital #PROXORA #Leadership #BusinessGrowth