Balderton Capital

Photoroom, the AI-based photo-editing app out of Paris that has been growing like a weed targeting people doing business online while also attracting a lot of casual users to boot,…

Confirmed: Photoroom, the AI image editor, raised $43M at a $500M valuation

Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper…

European neobroker Scalable Capital raises $65M on a flat $1.4B valuation

We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. Its growth had been spurred by the…

As pet owners turn to mobile insurance apps, Lassie raises $25M Series B led by Balderton
AI

Vertical AI and who might build it

10:00 am PDT • July 8, 2023

Some thoughts on the future of vertical SaaS, what the second half of 2023 might hold for Israeli startups, and founder well-being.

Vertical AI and who might build it

Of the many issues highlighted by the collapse of Silicon Valley Bank, one big one was the liability of having too much cash sitting in too few bank accounts. Today…

TreasurySpring raises $29M to expand its investment platform aimed at businesses with excess cash

French startup Brigad just raised a new $30 million funding round (€28 million) as well as more than $5 million in debt. The company operates a marketplace for restaurants, caterers,…

Brigad raises $30 million for its freelancer marketplace for hospitality and care workers

French startup PhotoRoom has raised a $19 million Series A funding round. The company develops a popular photo editing app for e-commerce vendors and small businesses. In particular, it helps…

After 40 million app downloads, PhotoRoom raises $19 million

Zapier and IFTTT are, today, very large platforms for creating automation rules for texts or getting two apps to “talk” to each other via APIs. However, these are “hammers to…

The Berlin startup that wants to give Zapier a run for its money

In 2013, Nico Jaspers, who previously founded market research firm Dalia Research, began noticing a shift in consumer behavior: More people were easily reachable via their smartphones. He realized that…

Latana secures cash injection to grow its mobile platform for product research

Sending in a resume is the main way a person hopes to get noticed for a job. But a startup out of Amsterdam called TestGorilla is today announcing $70 million…

TestGorilla scores $70M for skills tests aiming to replace the recruitment resume dump

Take a shipping container, add a helping of AI and a boat-load of black soldier flies, fold in a small mountain of food waste, sprinkle in $16 million of investment…

Better Origin turns food waste to animal feed, with an insect-assist

Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches. That leaves a wide opportunity for cybersecurity specialists to build tools aimed at smaller organizations that still…

Coro secures $60M at ~$500M valuation for an all-in, SaaS-based cyber protection platform aimed at SMBs

Meet Numeral, a French startup that wants to upgrade corporate bank accounts. While clients interact with Numeral using a modern application programming interface (API), the startup connects directly to bank…

Numeral wants to turn bank accounts into microservices

British autonomous vehicle startup Wayve has raised a $200 million Series B funding round from investors to scale its technology and expand its partnerships with commercial fleets. Wayve is aiming…

Wayve raises $200M Series B led by Eclipse for its AI for autonomous delivery vehicles

Instant purchase and delivery of food and other essentials was one of the big bubbles of opportunity in the world of e-commerce in the last year, with dozens of startups…

Arive raises $20M for an instant delivery service beyond groceries and essentials

Enterprise SaaS for measuring company carbon emission is hot. Only recently Planetly was acquired by OneTrust for an undisclosed amount. And there are plenty of other startups in the space…

Sweep raises a $22M to aim at large corporates scrambling to deal with carbon

In the same way that PayPal and Stripe radically changed online payments by allowing any online service to embed payments, the race is on to have the same impact on…

‘PayPal for crypto’ wannabe Ramp raises $52.7M Series A round led by Balderton Capital

The company touts itself as “one of the fastest companies to reach unicorn status in history.” 

Instant grocery delivery startup JOKR bags another huge round to enter unicorn status

Funding for European startups is at a record-high so far for this year, with €73.7 billion raised in the first three quarters, and the full year on track for more…

Balderton closes $600M fund, its biggest yet earmarked for early-stage investments

The world of marketing has become a world of marketing tech. But marketers are not necessarily engineers, so working with the terabytes of data their campaigns produce can be a…

Funnel, a no-code tool for marketers to organize disparate data sources, raises $66M in ‘pre-IPO’ round

Virtual became the norm for physical gatherings at the height of the Covid-19 pandemic, and now, as many jet back into in-person meetings, some believe that the online version, at…

Hubilo picks up $125M to double down on building a more engaging platform for virtual and live events

LinkedIn normalized the idea of making people’s resume’s visible to anyone who wanted to look at them, and today a startup that’s hoping to do the same for companies and…

The Org nabs $20M led by Tiger Global to expand its platform based on public organizational charts

In Europe and the U.S. we are very much getting used to groceries being delivered within 15 minutes, with a huge battleground of startups in the space. Startups across Europe…

iPhone inside 30 mins? Germany’s Arive brings consumer brands to your door, raises €6M

“We are true believers in the fact that the world needs a new Amazon, a better one, a more sustainable one, one that appreciates local areas and products.” It’s quite…

Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A

Investors placing capital in earlier and earlier tech deals has been a historical trend for the last few years, but this strategy was generally reserved for the traditional, “high-growth” VC…

Balderton launches $680M ‘early growth’ fund to lure startups looking for a different kind of capital

As of now, one fo the U.K.’s biggest and most active tech VCs has a new partner. Principal Colin Hanna has spearheaded several of Balderton’s deals in the past couple…

With new partner Colin Hanna, and Shikha Ahluwalia as associate, Balderton puts down roots in Berlin

In the latest chunky funding round out of Europe, U.K.-based email security startup Tessian has closed $65 million in Series C funding. The startup applies machine learning to build individual…

Security startup Tessian, which uses AI to fight social engineering, trousers $65M

More money for the edtech boom: Munich-based StudySmarter, which makes digital tools to help learners of all ages swot up — styling itself as a “lifelong learning platform” — has…

StudySmarter books $15M for a global ‘personalized learning’ push

Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in…

EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital

New York headquartered Kaia Health, which offers AI-assisted digital therapies via a mobile app for chronic pain related to musculoskeletal (MSK) disorders and for Chronic Obstructive Pulmonary Disease (COPD), has…

Kaia Health grabs $75M on surging interest in its virtual therapies for chronic pain and COPD