Wingcopter, a Darmstadt, Germany-based drone manufacturer, today announced that it raised $22 million in a funding round led by Xplorer Capital and Futury Regio Growth Fund. The company says it will use the proceeds to expand its health care-related activities (including the distribution of COVID-19 vaccines), prepare for the launch of its next-gen drones, set […]
Soci raises $80 million to power data-driven localized marketing for enterprises
Soci, a platform that helps brick-and-mortar businesses deploy localized marketing campaigns, has raised $80 million in a series D round of funding led by JMI Equity. The raise comes at a crucial time for businesses, with retailers across the spectrum having to rapidly embrace ecommerce due to the pandemic. However, businesses with local brick-and-mortar stores […]
Fortnite Will Have $20 million In Prize Cash For Tournaments In 2021
It’s 2021, and the new year brings new changes for the Fortnite Champion Series (FNCS). Epic just announced what to expect in Chapter 2, Season 5 of Fortnite, including changes to prizing, format, gameplay adjustments, and some other tournaments that might be worth checking out. But let’s start with the biggest changes coming to the […]
The 3.5 Million Bowser World Count Challenge Is Live In Super Mario Bros. 35
The ax is about to fall on countless King Koopas, as the World Count Challenge in Super Mario Bros. 35 is live, which means that players have one week to kill 3.5 million Bowsers, and net themselves 350 Platinum Points on the My Nintendo Store. Super Mario Bros. 35 is a battle royale game that is only […]
Lumiata raises $14 million to predict health care costs and outcomes with AI
Lumiata, a company providing AI-powered predictive analytics for managing health care costs, has raised $14 million. The company says it’ll use the funds to scale its platform and invest in customer acquisition ahead of the opening of an office in Guadalajara, Mexico in 2021. As many as 3.5 million hospital stays among adults in 2017 […]
M-Files raises $80 million for AI that automates enterprise information management
M-Files announced it has raised $80 million as the Finnish company develops AI that automates the messy process of organizing and tracking internal documents and data for enterprises. Bregal Milestone led the round, which included previous investors Partech, Tesi, and Draper Esprit. M-Files’ goal is to make it easier for companies and employees to find […]
Workato raises $110 million for its business workflow automation platform
Workato, which offers an integration and automation platform for businesses, today announced it has raised $110 million at a post-money valuation of $1.7 billion. The company says it will put the funds toward product innovation and technology development, expanding its customer success program, launching its first user conference in 2021, and investing in scaling teams […]
Dina raises $7 million for its AI-powered at-home care platform
Dina, a Chicago-based startup developing an AI-powered at-home care platform, today announced it has raised $7 million. The company says the capital will be used to expand its products and support its mission to help the health care industry transition to in-home care. In response to the pandemic, companies like Current Health and Twistle have teamed […]
Lacework raises $525 million to automate cloud security and compliance
Lacework, a four-year-old developer of automated containerized workload defense, intrusion detection, and compliance solutions, today announced that it closed a $525 million funding round valuing the company at over $1 billion. CEO Dan Hubbard said the capital, which comes after a year in which Lacework saw revenue grow 300%, will accelerate Lacework’s product development efforts […]
Roblox raises $520 million at $29.5 billion valuation, will go public through direct listing
User-generated game platform Roblox has raised $520 million in a new round of funding, and it will still go public through a direct listing where the company directly sells existing shares to investors. The private funding deal values Roblox at $29.5 billion. The direct listing offering, or DPO, circumvents the usual initial public offering (IPO) process, […]