Munich Re

Insurtech AI startup Akur8 closes $30M Series B

Automating insurance pricing is a big business, and the world of AI is coming at it “full pelt.” The latest is Akur8, an insurtech automating insurance platform whose “Transparent AI

Amazon-backed Indian insurtech startup Acko raises $60 million

A young Indian startup that is taking on the country’s antiquated insurance industry with a digital-first product — and which has already received backing from global giant Amazon — toda

Next Insurance raises $250M from Munich Re, becomes a unicorn

Next Insurance, a three-year-old U.S.-based firm that sells insurance products to small businesses, has become the latest unicorn in the nation after bagging $250 million in a new financing round, the

RideCell expands funding round to $60 million

RideCell, a transportation software startup, has doubled its previously announced Series B funding round to $60 million, a sign that investors believe demand for cloud-based mobility platforms will g

Investors like Walmart and Microsoft back Team8’s cybersecurity venture studio with $85 million

The Israeli cybersecurity venture studio Team8 has raised $85 million in new financing from a clutch of new and returning strategic investors including Walmart, Airbus, SoftBank, and Microsoft&#8217

Munich Re buys IoT middleware startup, relayr, in deal worth $300M

Berlin based Internet of Things (IoT) startup relayr, whose middleware platform is geared towards helping industrial companies unlock data insights from their existing machinery and production line ki