Tag: Series A round

BusinessSoftwareStartups

Oslo’s Riff Secures €14 Million Series A to Expand Enterprise Vibe Coding Platform

Oslo-based Riff has secured €14 million in Series A funding to expand its enterprise-grade vibe coding platform. The company enables non-technical professionals to build production-ready AI applications without coding expertise, addressing the high failure rate of AI initiatives.

Major Funding Round for Vibe Coding Platform

Oslo-based technology company Riff has reportedly secured €14 million in Series A funding to scale its enterprise-ready vibe coding platform, according to recent reports. The funding round was led by Northzone with participation from Skyfall Ventures, Maki.vc, Sondo Capital, Global Founders Capital and new investor Illusian, led by Supercell founder Ilkka Paananen. Sources indicate this investment brings Riff’s total funding to €18.4 million since its founding in 2021.

by Ortega Rafael
FinanceFintechStartups

London FinTech Saturn Secures €12.9M to Revolutionize Financial Advisory Services with AI

Saturn, a London AI technology company, has raised €12.9 million in Series A funding to transform financial advisory services. The startup aims to reduce the cost of financial advice by up to 90% through advanced automation and compliance technology.

Major Funding Round for AI-Powered Financial Advice Platform

London-based artificial intelligence company Saturn has reportedly secured €12.9 million in Series A funding to transform the financial advice industry, according to recent announcements. Sources indicate the investment will accelerate product development and expand the platform’s capabilities to help financial advisers serve more clients efficiently while significantly reducing operational costs.

by Ortega Rafael
Arts and EntertainmentEconomy and TradingStartups

AI-Driven Efficiency: Startups Raise 50% More Funding With 17.5% Fewer Employees

Early-stage tech startups are achieving remarkable funding growth while maintaining leaner teams, according to new labor analytics. Series A funding has increased 50% since 2020 while headcounts have dropped 17.5%, suggesting AI tools may be enabling smaller teams to accomplish more with automation.

Startup Funding Soars as Headcounts Shrink

Early-stage tech startups in the United States are raising significantly more capital than their counterparts did five years ago while employing substantially fewer workers, according to research from labor analytics firm Revelio Labs. The data reveals that today’s startups appear to be achieving more with less, potentially driven by increased adoption of artificial intelligence tools and automation technologies.

by Ortega Rafael
Arts and EntertainmentStartups

VC Firm Replaces Analysts with AI to Manage $75 Million Fund

A San Francisco VC firm has eliminated all analyst positions, replacing them with AI tools and a network of 170 limited partners from top tech companies. The $75 million fund will focus on Series A and B AI startups while sharing profits with its expert community.

In a bold move that signals how artificial intelligence is transforming venture capital, Davidovs Venture Collective has fired all its analysts and is using AI tools to help run deals for its new $75 million fund. The four-year-old firm, co-founded by married general partners Marina Davidova and Nick Davidov, is arming its network of 170 limited partners with AI agents to source and vet investments in AI startups, according to recent analysis of the shifting VC landscape.

AI-Powered Deal Sourcing and Due Diligence

by Bennett Laura