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By Destacado

Seldon secures $20 Million in Series B funding led by Bright Pixel

March 2023 DIGITAL INFRASTRUCTURE Seldon secures $20 Million in Series B funding led by Bright Pixel The strategic funding aims to expand Seldon’s machine learning product’s market fit and unlock enterprise-ready solutions based on open source. Seldon, a data-centric machine learning operations (MLOps) platform for the deployment, management, monitoring and explainability of machine learning (ML) models, announced a $20M Series B funding round today. The round was led by new investor Bright Pixel (former Sonae IM) with significant participation from existing investors AlbionVC, Cambridge Innovation Capital, and Amadeus Capital Partners. Organizations are investing heavily in AI but many are struggling to scale out their models in production due to bottlenecks in team workflows, increased regulation and compliance restraints, a lack of trust in model outputs, and ensuring peak model performance are all top of mind for AI-powered enterprises. Seldon empowers Data Scientists, ML Engineers and other business stakeholders to accelerate...
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By RETAIL TECHNOLOGIES

Mayan raises $5M Series A to expand ads optimization platform for Amazon sellers

March 2023 RETAIL TECHNOLOGIES Mayan raises $5M Series A to expand ads optimization platform for Amazon sellers SaaS platform will accelerate development of data automations and launch self-serve suite to drive seller performance. Mayan, a fully-remote company which builds best-in-class optimization and automation technology for Amazon sellers, has raised a $5M Series A round of funding, led by Bright Pixel (former Sonae IM). This adds to the $2M of seed funding Mayan had raised just a year prior from investors including Y Combinator, Global Founders Capital, Alumni Ventures Group, ESAS Ventures, and Alarko Ventures. Mayan will use the capital to further accelerate the development of advertising automations and to launch a self-serve advertising solution. This new solution will arrive at a lower price point than their base offering that includes an expert dedicated account manager. Mayan is also releasing a free analytics and forecasting suite for Amazon sellers that seek...
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By RETAIL TECHNOLOGIES

Chord Closes $15M To Expand Its Modern Commerce Infrastructure For DTC Companies & Omnichannel Brands

January 2023 RETAIL TECHNOLOGIES Chord Closes $15M To Expand Its Modern Commerce Infrastructure For DTC Companies & Omnichannel Brands Strategic capital expands Chord’s data capabilities, ushering in new features and customer insights. Chord, a Platform as a Service for modern commerce, announced a $15M Series A extension today. The round was co-led by new investor Bright Pixel Capital and existing investor Eclipse, with new investors GC1 Ventures, TechNexus Venture Collaborative and Anti Fund VC joining existing investors Imaginary Ventures, Foundation Capital and White Star Capital as participants. Chord’s modern technology stack, which combines headless commerce and data infrastructure, solves a fundamental problem in commerce: access to the most sophisticated technology that doesn’t require a massive and costly team to build and operate.The infrastructure integrates into a brand’s system and is pre-configured and instrumented for best-in-class data collection and modeling, as well as synthesized insights. “The next wave of brands and...
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By EMERGING TECH

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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