Tag: unicorn
-
Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report
UK challenger business bank Allica Bank is to become the latest UK fintech unicorn, following a$155m (£111m) Series D funding round, according to a report. Allica is expected to announce tomorrow that its new valuation will hit$1.2bn (£890m), following the Series D round, Sky News says. It will mean that Allica will join the likes read more
Written by
-
German sustainability software outfit osapiens becomes unicorn, following $100M raise
German startuposapiens,which providessoftware-as-a-service (SaaS) services to help companies meet ESG targets, says it has become a unicorn after raising $100m. The Series C round was funded solely by Decarbonization Partners, the joint venture betweenBlackRockand Temasek focused on late-stage VC investing in decarbonising tech. The company isnow valued at over $1.1bn, following this round, it said. read more
Written by
-
$60M Series B propels Aikido into the global unicorn ranks
Belgian cybersecurity company Aikido has raised a $60M millionSeries B at a $1B valuation, led by Tom Stafford at DST Global, with participation from PSG Equity, Singular, Notion Capital, and others. Aikido is one of the fastest cybersecurity companies to reach unicorn status — in just three years — globally, and according to the company, read more
Written by
-
Cast AI becomes Lithuania’s 5th Unicorn
Automation platform creator Cast AI has announced an investment from Pacific Alliance Ventures (PAV), the US-based corporate venture arm of Shinsegae Group, an over $50 billion Korean conglomerate with leading businesses across retail, consumer, and digital platforms. With this round of funding, Cast AI’s valuation exceeds $1 billion, marking the company as Lithuania’s 5th unicorn. read more
Written by
-
AI unicorn Quantexa reports revenue boost, as losses halve
A UK AI financial crimefighting unicorn has reported a near 50 per cent uplift in revenues, helped by customer wins, while losses halved, according to its latest annual financial figures. The financial figures for Quantexa also reveal new details regarding Quantexa’s fundraising last year, which propelled it to a valuation of $2.6bn. The figures for read more
Written by
-
French CRM outfit Brevo hits unicorn status
French customer relationship management (CRM) company Brevo has become a unicorn following a €500m funding round. The funding round sees General Atlantic and Oakley Capital joining Brevo’s roster of investors while Bpifrance and Bridgepoint remain minority investors, with the latter reinvesting via Bridgepoint Development Capital V. The round sees Partech fully exiting its stake while read more
Written by
