Chris J. Preimesberger / VentureBeat: Toronto-based Forma.ai, which helps companies manage and optimize sales compensation plans, raises a $45M Series B led by ACME Capital — Could AI help motivate sales teams with creative incentives? Forma AI, a Toronto-based sales performance management (SPM) solution provider, says yes.
Author: Isabella
Kyle Wiggers / VentureBeat: Nexar, which is developing an analytics service for car dash cam footage, raises a $53M Series D led by Qumra Capital, bringing its total funding to $150M — Nexar, a startup developing an analytics service on top of car dash cam footage, today announced that it raised $53 million …
Ingrid Lunden / TechCrunch: German startup Shopware, which offers open source e-commerce tools used by 100K brands, raises $100M from PayPal and Carlyle, its first outside investment — The e-commerce boom that started with the Covid-19 pandemic shows little sign of slowing down, and today a company called Shopware …
Ingrid Lunden / TechCrunch: Istanbul-based Spyke, which builds multiplayer social games, raises a $55M seed from Griffin Gaming Partners, the largest Turkish seed round ever — Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) …
Manish Singh / TechCrunch: Indian startup Clear, which helps individuals and businesses file tax returns and more, raises a $75M Series C from Kora Capital, Stripe, and others — Stripe has made its second investment in India, just days after disclosing the first. One of the world’s most valuable startups …
Mimi Billing / Sifted: Denmark-based podcasting and audio tech startup Podimo raises a $78M Series B led by 83North and Highland Europe — Companies in this sector have traditionally had difficulties in monetising audio content. Sweden’s Acast introduced advertising as a way to pay the podcast’s creators for their content.
Lucy Harley-Mckeown / The Block: Dutch startup Silverflow, which claims to be the first cloud-native card payments service, raises a $17M Series A led by Coatue — Quick Take — Dutch payment tech company Silverflow has closed a $17 million Series A round, led by Coatue Management. — The round was joined …
Peter Wayner / VentureBeat: Redpanda, a data streaming service formerly known as Vectorized, raises a $50M Series B led by GV — Today, Redpanda Data, the data streaming platform formerly known as Vectorized, announced a successful $50 million series B round. The company’s main product offers a simpler mechanism …
Tom Warren / The Verge: Discord is experiencing a widespread API outage, preventing many users from joining calls or chatting; the company found the issue and is working on a fix — A major outage is affecting Discord — Discord is experiencing a widespread outage, preventing many users from connecting to the communications app.
Ingrid Lunden / TechCrunch: OpenPhone, which provides SMBs with a business phone line through its mobile app, raises a $40M Series B led by Tiger Global, bringing its total funding to $56M — Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it’s really no wonder that it did …