Category: Business

Audio tech supplier to Rolls Royce and Xiaomi secures another $13.2M in funding

As autonomous driving eventually transforms cars from transportation devices to mobile theaters or conference rooms we will need better audio inside them. And we’ve already seen that VCs like Andreessen Horowitz say ‘audio is the future.’ So it’s interesting that Swedish sound pioneer Dirac has completed a new $13.2 million

Starling Bank, now with 460K consumer accounts, raises £75M more for European expansion

Starling Bank, founded by banking veteran Anne Boden, has raised £75 million (~$97 million) in further funding. The new capital breaks down as £60 million in a Series C round led by Merian Global Investors, including Merian Chrysalis, with £15 million in follow-on funding from Starling’s existing backer and major

InReach Ventures, the ‘AI-powered’ European VC, closes new €53M fund

InReach Ventures, the so-called “AI-powered” venture capital firm based in London, is announcing the first closing of a new €53 million fund targeting early-stage European technology companies — surpassing the original fund target of €50 million, apparently. Founded by former Balderton Capital General Partner Roberto Bonanzinga, along with Ben Smith