Dawn Capital led the Series A round to support team expansion and platform development.
"Enterprises creating specific business-critical AI would gladly self-host, if “expertise” and “cost” didn’t sound like double trouble. Doubleword flips the script, making self-hosting effortless and reshaping the market for enterprise customers."
The property technology firm has opened its latest funding round to the public for the first time.
"The investment we’ve received so far reinforces the strength of our business model and has accelerated our progress. Opening our Series A investment round to the public for the first time goes one step further and represents a major milestone for us as a company."
The investment round was led by Nauta with participation from LAUNCHub, Lunar Ventures, and Techstart.
"This funding accelerates our vision: applying synthetic data and Visual AI to solve the $800 billion problem of inefficiencies in CPG supply chains. We’re growing our computer vision engineering team and deepening our commercial footprint across the UK, European and US markets. Our platform is already a new benchmark for retail image recognition – this investment enables us to scale that impact globally."
The round was led by Archangels, Par Equity, and Scottish Enterprise to accelerate product development and international growth.
"This investment reflects the growing recognition of the critical need for innovative communication solutions in the underwater IoT sector. The support from our investors will allow us to scale our operations, enhance our product offerings and help industries worldwide manage their resources more effectively. We are grateful for their trust and excited to shape the future of underwater communication."
The Series A round was led by EdenBase to accelerate technology development for acquiring banks and drive international expansion.
"Acquiring banks and most businesses were built for the one-to-one transactions of Commerce 1.0. However, in the era of Commerce 2.0, where transactions within a single marketplace involve numerous parties, financial institutions are struggling to deliver payment operations that meet the evolving needs of their customers. As a result, they’re unable to compete with the likes of Stripe Connect and Adyen whose solutions currently dominate the payments ecosystem despite high fees, complicated integrations, poor support, and prolonged payment wait times. At Ryft, we have the technology that allows acquiring banks to overcome these hurdles and we’re actively exploring several strategic partnerships to solve this issue in the payments industry."