Every week we highlight new funding successes from companies bringing about change in their industries.  We amplify the voice of companies delivering on tech innovation whilst also utilizing remote work, or being clear on the importance of D&I to their brand. All ingredients that talent.ai focus on when selecting the best of the last 7 days. 

We see these journeys as an inspiration, offering insights to other founders, startups and innovators looking to evolve their stories into something extraordinary.  We know the hard work behind these accomplishments and always seek to recognise and applaud those involved from leadership and founders and their entire teams. 

Congratulations to all the founders and teams!

Seed 

Descope

CEO & Co-Founder – Slavik Markovich

Descope is developing tech and processes to make going passwordless easy! Enabling developers to create secure and frictionless login processes for applications that rely on device biometrics like face and fingerprint ID. 

The California-based company just received an impressive seed funding investment of $53 Million co-led by Lightspeed Venture Partners and GGV Capital. A strong seed round that will help position the company in the coming year. 

Funds will be used to invest in product research and improvement, offering open-source initiatives involving authentication, authorization and user management technology. Plus expanding into SEA. With more and more users preferring seamless logins Descope has the possibility to rule in a niche that can only grow more!

EthonAI

CEO & Co-Founder – Julian Senoner

CTO & Co-Founder – Bernhard Kratzwald

EthonAI helps prevent manufacturing loss and boost performance at scale by managing quality level. Using AI powered technology to monitor manufacturing, detecting quality changes and alerting before losses. 

Zürich-based EthonAI just closed on a €6.3 Million seed investment co-led by Earlybird Venture Capital and La Famiglia with participation of other existing investors, Wingman and Acequia Capital. 

Deficient quality products cause huge losses for companies and preventing it early and efficiently is key to cut costs. EthonAI will use its recent funds to continue technology development and expand product reach. A company on its way to prove its high-quality value!

DRONAMICS

CEO & Co-Founder  – Svilen Rangelov

CTO & Co-Founder  – Konstantin Rangelov

DRONAMICS develops and manufactures unmanned aircraft for cargo and shipping. On a mission to democratize and lower costs of airfreight for emerging markets. They are developing a small cargo airplane that can fly on its own and be manned remotely.  

London-based DRONAMICS just received a pre-series a funding investment round of $40 Million co-led by Founders Factory, Speedinvest, Eleven Capital, the Strategic Development Fund, with participation from other investors. 

Funds will be used to create a UAE-based arm of the company, starting operation in the country and expanding into the Middle East and North African markets. A company that will surely fly high!

Series A 

Futura Gaia 

CEO & Co-Founder 

CTO & Co-Founder 

Futura Gaia is a AgriTech startup that develops automated vertical farming solutions that are soil-based, as a more sustainable and complementary option to traditional farming. 

The French company just secured a Series A investment of €11 Million with historical partners, and participation of new investors.  This new injection of funds will be used to boost agronomical and technological aspects, as well as support the installation of their first industrial scale vertical farm. 

Solutions like Futura Gaia’s are gaining rapid interest from investors as the effects of climate change increase urgency of change, making it fertile ground for innovation!

Series B 

Brigad

CEO & Co-Founder  – Florent Malbranche

CTO & Co-Founder  – Brieuc Maitre

Brigad is a platform that brings independent workers and businesses that need short-term hiring together seamlessly. The company is looking to tackle the staffing crisis while improving the possibilities of independent workers with its tech. 

Paris-based Brigas signed a significant Series B investment round of €33 Million led by Balderton Capital last week. The funds will boost an important growth plan as the company plans to double its workforce, hiring 350 new team members by next year and expanding market reach. 

Currently operating in the UK and France, the company has already closed 200,000 work assignments, and connected over 5.000 qualified independent workers and 10.000 businesses.

Unknow 

Myflexbox

CEO & Co-Founder 

CTO & Co-Founder

Myflexbox is a locker network provider that offers logistics solutions like smart pickup and delivery. 

Austria-based Myflexbox secured a significant investment round of $75 Million led by Star IV fund from London. The biggest investment highlight of the week and a sure booster for the company’s plans. 

Funds will be used towards expansion in many fronts including getting to 4,000 more locker units, adding talent to the workforce and going into new markets. It seems like Myflexbox has success locked up!