Global venture capital investor that has backed companies such as Magic and Wagestream.
The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.
"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."
The Series B round was led by Northzone and brings total funding to $44m.
"We are excited to have raised our latest funding round, but we aren’t disclosing our valuation at this time."
The Dublin-based HR tech startup secured the capital from Eurazeo alongside existing backers to grow its team and carrier network.
"As a founder and GM, I experienced how managing benefits through email, between brokers and insurance companies, was completely disconnected and alien from everything else in the business."
Project A led the round with participation from returning investors Northzone and Seedcamp.
"At Mimo, we’ve been continually learning from these conversations to iterate and improve the platform to help both Accountants and SMBs save time, save money and control their cash flow. We look forward to working with new investors Project A and returning investors Northzone and Seedcamp as we strive towards this goal."
Northzone led the Series C financing round, which will fund the platform's expansion into new product categories.
"Nivoda has quickly emerged as a category-defining company that powers small retailers around the world. Nivoda is building a truly pioneering technology platform that creates value for all stakeholders across the ecosystem including consumers, suppliers, and retailers. We had the privilege of getting to know Dave and the team for over a year prior to investment and are very excited to partner with them on this journey."
