The Series B round was led by Mubadala Capital and will support the platform's continental European expansion.
"Scores of new and existing retail businesses now see their future in e-commerce, but while anyone can set up an online store-front and start selling within hours, the infrastructure powering e-commerce is alarmingly outdated, inefficient, inflexible and expensive."
Ocado Group has backed autonomous mobility start-up Wayve with £10m to advance grocery delivery trials.
"Ocado is on a journey to develop highly intelligent autonomous mobility systems to further transform the operational economics, and proposition, of the Ocado Smart Platform for our OSP retail partners. We’ve been impressed with Wayve’s approach to solving this most complex of challenges and are excited to accelerate our capabilities so that our retail partners globally can take advantage of them at the earliest opportunity."
DWS joins an investor syndicate led by Chrysalis Investments to back the retirement technology provider.
"We are looking forward to delivering on the opportunity to work with an innovative retiretech disruptor that is fast-growing and well-placed to compete both in the UK and global retirement market. Increasingly, defined contribution savers are seeking to diversify their returns across a broader range of asset classes, and we believe that DWS’ asset management capabilities across both private and listed markets means that we are ideally placed to meet their evolving needs"
— Dirk Goergen, Member of the Executive Board and Head of Client Coverage Division
The Seed round was led by Microsoft venture fund M12 to support product development and team growth.
"With today's launch, Memgraph empowers all developers — from the open source hobbyist toengineers at large enterprises — to stream, graph, and build in minutes,"