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By Destacado

Habit raises €5.2 million to accelerate momentum globally

November 2022 EMERGING TECH Habit raises €5.2 million to accelerate momentum globally SixThirty, BiG Start Ventures, Iberis and Bright Pixel Capital – Sonae composed a €5.2M financing round to expand Habit’s capacity and keep the accelerated growth of their embedded insurance product in Europe and Latam. Habit is the only platform which includes a single insurance distribution API and an Orchestration Engine which, independently of the insurer and insurance product, provides distribution partners with full control over the policy lifecycle as well as offloads major IT effort and, enabling an incredible fast go-to-market. Habit has a significant focus in Telcos, having its platform certified and ready to integrate with telco’s existing IT infrastructure, allowing advanced features such as contextual sales (leveraged by telco’s core data) or high premium collection rates, by instructing the telco’s billing systems when and to whom charge which premium. "Habit played a very important role in...
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By CYBERSECURITY

Probely raises 7.7 million euros in Series A round

November 2022 CYBERSECURITY Probely raises 7.7 million euros in Series A round Probely, the premier cloud-based dynamic application security testing solution, announced today that it closed a 7.7 million euros Series A round co-led by Iberis Capital, a Portuguese venture capital with around 300 million euros in assets under management, and Semapa Next, a Lisbon-based venture capital firm that invests in Series A and B rounds in European-based companies. The international investor specializing in cybersecurity, TIIN Capital, as well as current investors Bright Pixel Capital (former Sonae IM), Caixa Capital, Portugal Ventures, and EDP Ventures, also participated in the funding round. “Our team of co-founders came from an Application Security team. We all experienced first-hand the hard task of scaling application security testing.”, Nuno Loureiro, CEO, and co-founder of Probely explains. “Given the shortage in Security professionals, it can only scale if you shift security testing left, allowing developers to...
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By EXITS

Centric Software Acquires StyleSage

November 2022 EXITS Centric Software Acquires AI-Powered, Competitive Benchmarking Solution, StyleSage StyleSage adds price and product trend insight to the Centric Software Platform. Centric Software®, the Product Lifecycle Management (PLM) and Planning market leader, is pleased to announce the acquisition of StyleSage™, a company offering AI-powered tools for competitive assortment benchmarking, and price and product trend insights. Centric Software, provides market-driven innovative enterprise solutions to plan, design, develop, source and sell consumer goods such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. The retail landscape has never been more multifaceted than it is now – the current economic flux and supply chain crunch coming off the heels of the pandemic have led consumers to be prudent and discerning. Comparing prices is now standard as is paying more only for a compelling product. Retailers and brands are...
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By EXITS

Thales closes acquisition of leading cybersecurity players S21sec and Excellium

October 2022 EXITS Thales closes acquisition of leading cybersecurity players S21sec and Excellium With the acquisition of S21sec and Excellium, Thales will accelerate its cybersecurity development roadmap and expand its footprint in Spain, Portugal, Luxembourg and Belgium. Thales (Euronext Paris: HO), a global leader in advanced technologies and cybersecurity, has completed the acquisition of two European cybersecurity companies, S21sec (in Spain and Portugal) and Excellium (in Belgium and Luxembourg), gathered under the holding company Maxive Cybersecurity, following signature of an agreement with Bright Pixel Capital announced in May 2022. S21sec has around 400 employees on 9 sites in Spain and Portugal, and Excellium 146 employees in Luxembourg and Belgium, significantly enhancing Thales’ expertise and presence in this important market. Maxive Cybersecurity will leverage Thales’ leading Cyber Solutions business to enrich its offer and reinforce the capabilities of its Global Security Operations Center (SOC) in Madrid through Thales networks, to ensure...
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By EMERGING TECH

Didimo $7.1M Series A Raise Brings World’s Fastest, Realistic Human Digital Twins to Games, Retail, Metaverses

October 2022 EMERGING TECH Didimo $7.1M Series A Raise Brings World’s Fastest, Realistic Human Digital Twins to Games, Retail, Metaverses Deep Tech company turns 2D portraits into realistic 3D human avatars in 60 seconds. Didimo, the leader in high-quality digital human avatars, announces a $7.15M Series A round to bring incomparable speed, quality, and scalability to game studios and businesses so they can literally put you inside games, retail experiences, and so much more. The funding round, led by Armilar Venture Partners, with participation of Bright Pixel Capital, Portugal Ventures, and Techstars, enables Didimo to expand its best-in-class approach which simplifies what is typically a heavily complex and expensive 3D avatar creation process into one single step. Their proprietary cloud-based platform operates at runtime and is significantly more cost-effective for companies. Creating an accurate digital twin usually takes days of effort; Didimo cuts that to about 60 seconds. Want to...
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By CYBERSECURITY

IriusRisk raises $28.7M Series B as threat modeling becomes essential for secure product design

October 2022 CYBERSECURITY IriusRisk raises $28.7M Series B as threat modeling becomes essential for secure product design Threat Modeling Platform used by six of the top Globally Systemically Important Banks (G-SIBs) Paladin Capital-led investment will help to scale offering across global markets IriusRisk, the world’s leading Open Threat Modeling platform, has raised a $28.7 million Series B funding round, led by cyber and deep tech investor Paladin Capital Group, with participation from existing investors Bright Pixel Capital, SwanLaab Venture Factory, 360 Capital and Inveready. IriusRisk helps developers, architects and security engineers to design secure software throughout the Software Development Lifecycle (SDLC) – introducing security from initial design and tracking its implementation through integrations in the development toolchain. IriusRisk’s platform meets the pressing need for software developers to ‘shift left’ when it comes to security to reduce design flaws and the associated costs. The company is experiencing exponential growth, with a...
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By DIGITAL INFRASTRUCTURE

Codacy raises $15 million in Series B funding led by Bright Pixel Capital

September 2022 DIGITAL INFRASTRUCTURE Codacy raises $15 million in Series B funding led by Bright Pixel Capital Codacy has raised over $28m to date and already counts a base of more than 870 customers, including Panasonic, Delivery Hero, Harvey Nichols and Delhivery Funding will accelerate product development to continuously build Codacy’s DevOps Intelligence Platform providing engineering insights enabling teams to reach their full potential Codacy, a platform that helps software development teams to ship high-quality code faster, has raised a $15m Series B funding round, marking another milestone in its journey to become the leading provider for DevOps Intelligence. Bright Pixel Capital, a leading technology investment group focused on digital infrastructure software, cybersecurity, and retail technology, led the round. Existing investors Armilar Venture Partners, Faber Ventures, Join Capital, Caixa Capital, EQT Ventures and Iberis Capital also participated in the round. In a world where most companies want to digitalise and...
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By RETAIL TECHNOLOGIES

Afresh Secures $115 Million in Series B Funding and Rolls Out its Fresh Food Technology to Thousands of Stores Across the US

August 2022 RETAIL TECHNOLOGIES Afresh Secures $115 Million in Series B Funding and Rolls Out its Fresh Food Technology to Thousands of Stores Across the US Afresh, the leading AI-powered fresh food technology provider, today announced a $115 million Series B funding round led by Spark Capital and with participation from Insight Partners, VMG Partners, and Bright Pixel Capital. Walter Robb, senior executive partner at S2G Ventures and former Co-CEO of Whole Foods Market also joins the round. All prior investors, including Maersk Growth, High Sage, and Innovation Endeavors also participated in the round, bringing the company’s total funding to $148 million. Afresh will use the investment to scale across thousands of stores and expand the footprint of its Fresh Operating System, an efficient, flexible solution for forecasting, inventory, ordering, and store operations, to support new fresh categories like meat and bakery. The funding will also be used to grow...
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By DIGITAL INFRASTRUCTURE

Portainer.io Closes US$6.2 Million Funding Round

June 2022 DIGITAL INFRASTRUCTURE Portainer.io Closes US$6.2 Million Funding Round Portainer.io today announced it has closed a US$6.2 million funding round. The round, which is an extension of its Series A that closed in May 2021, is led by Movac and backed by all the Series A investors (Bright Pixel Capital, Bessemer Venture Partners, BlackNova, AltVentures). It also adds US investor Shasta Ventures and New Zealand Growth Capital Partners to the roster as interest in the company grows. Portainer launched in 2017 as an open source product to simplify the management of Docker and Swarm environments. In August 2020, it added support for enterprise Kubernetes, which is becoming the de facto industry standard for orchestrating containerized environments. By adding support for both Kubernetes and HashiCorp’s Nomad, Portainer has become the only universal container management system that works from the data centre to the edge and has been recognized by CRN.com...
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By RETAIL TECHNOLOGIES

Sales Layer Raises $25m Series B Funding from PeakSpan Capital to Expand B2B PIM Platform Globally

June 2022 RETAIL TECHNOLOGIES Sales Layer Raises $25m Series B Funding from PeakSpan Capital to Expand B2B PIM Platform Globally Sales Layer, the leading PIM (Product Information Management) SaaS platform provider for B2B, has today announced that it has raised $25m in Series B funding, led by PeakSpan Capital with participation from its Series A investors. The funding follows on from the $3.5m raised by Sales Layer’s Series A investors, Swanlaab and Bright Pixel, in 2020. PeakSpan Capital is a growth equity firm based in New York City and San Mateo, CA with a portfolio of high-growth software businesses and over $1.5B in AUM. The investment will support Sales Layer in scaling and evolving within the maturing e-commerce landscape. The Series B will accelerate Sales Layer’s rapid global growth, hiring across all functions while continuing the expansion of international operations. Alongside the evolution of its product roadmap, Sales Layer will...
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