Startup City Hamburg’s Post

Plenful Secures $17M in Series A Funding - Funding Round: Plenful raised $17M in Series A funding, bringing total funding to $25M, led by TQ Ventures. - Investor Participation: Notable investors include Bessemer Venture Partners, Mitchell Rales, Susa Ventures, and existing supporters. - Expansion Goals: Funds will be used to expand operations and enhance development efforts for their AI workflow automation platform. Subscribe to our daily newsletter here for more AI news https://lnkd.in/dXtPcc8u #Startups #VentureCapital #Healthcare #Innovation #Technology #Entrepreneurship #AI #Fundraising #Analytics #BusinessIntelligence

Explore the landscape of Latin America's dealmaking, where Brazil leads a pivot toward AI innovation despite a general downtick in deal volume. @KPTL_VC and @Accenture boldly invest in the region's potential. #LatAmTech #InvestmentTrends #StartupEcosystems

Positive signs for VC investment out of europe: VC investment in Europe is up 12% this year, driven by AI companies, with the energy sector leading the charge. England is at the forefront with $9.4B invested, surpassing France, known for Mistral. U.K.-based AI startups represent 22% of the country's innovation ecosystem value, totaling $256B.

European VC dealmaking ticked upward in the second quarter amid a recovery in valuations. AI deals saw notable growth, doubling in total value from Q1 to €4.2 billion, according to PitchBook Q2 2024 European Venture Report. In all, AI companies pulled in €6.3 billion in H1, making it the most-active sector after SaaS. While there were some bright spots in the IPO market—including the listing of Dutch robotics company RanMarine Technology and Swedish fintech specialist GreenMerc—the exit market remains mixed. So far this year, acquisitions have accounted for 85.6% of VC-backed exit value. Fundraising in H1 totaled €9.4 billion, with the France and Benelux region accounting for the largest share of capital raised, displacing the UK and Ireland for the first time since 2018. #venturecapital https://lnkd.in/dc5i3qjR

Norwegian start-up 1X facilitates a ‘significant’ secondary as part of its $100 million Series B round. The OpenAI and Tiger Global Management-backed company’s existing investor Sandwater increased its stake through the secondary transaction. Other secondary participants included new investor Samsung Next and existing investors Skagerak Capital and Nistad Limited. 1X Founder and CEO Bernt Øivind Børnich said, “Our next milestone will be scaling our data collection strategy for Embodied AI and offering NEO to consumers.” #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Valuation #Investing #Fundraising #InstitutionalInvestors #Venture #VentureCapital #VC #Technology #VentureFunding #Startups #AI #ArtificalIntelligence https://lnkd.in/e5iwA6X7

VendueTech's team has been working on the short proposal for the EIC Accelerator for months now and we are happy to be nearing the end. Now it's time just for polishing. We hope that this end will bring us a new beginning, the momentum with which we will bring the VendueTech platform closer to the whole world. 🌎 We are on a mission to build an AI-powered platform for discovering, analyzing, and co-investing into undervalued distressed real estate. Thus opening up a completely new market to retail and institutional investors. Our 20 awesome employees from 10 countries (USA, Netherlands, Poland, Spain, Germany, Croatia, Slovenia, Thailand, Singapore, and Ireland) are moving ahead slowly, but firmly using cross-functional teamwork and innovation. #venduetech #startup #eicaccelerator #shortproposal #investment #teamwork #auctions #realestate #innovation #proptech #eustartup #disruption #legaltech #data #leadership

How can VCs maximize returns and accelerate growth? Could the answer lie in embracing AI and #datascience? Join Dr. Andre Retterath of Earlybird Venture Capital at the upcoming 0100 Conference DACH, where he'll share how these technologies are revolutionizing #VC fund dynamics. From deal sourcing to portfolio management to value-add for startups, AI and data unlocks efficiency gains, enhanced decision making, and measurable ROI. This data-driven approach catalyzes change across the investment lifecycle. Register before the 8th of December to save up to 300 euros on your ticket! https://lnkd.in/dhRCs4i4

The Information is out with more breaking #AIfunding news. The latest reflects Mistral AI raising “several hundred million,” at a $5B valuation. For those keeping track this follows their recent $415M round closed at $2B in December 2023. One has to wonder how long early stage investors will be able to justify these valuations on companies that are just staring to generate revenue. What do you think? #management #venturecapital #privateequity #aifinancing #capitalmarkets #aifinance