funding round news and archive

Albatross raises 12.5 million USD for AI model that reinvents product discovery

Albatross, a Zurich-based AI company founded by former Amazon AI leaders, has successfully raised 12.5 million US dollars in new funding to develop an AI model for real-time product discovery. Designed to serve as a model that continuously learns from live consumer behaviour, the platform aims to replace static product recommendations. The...

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Thread raises 4 million pound investment

London - Thread, the London-based online personal styling and shopping service for men, has raised 4 million pounds in a Series B funding round led by venture and growth investor Beringea and existing investor Balderton Capital, to help boost its customer base. The latest investment round see the total funds raised by Threads hit close to 11...