Stay up-to-date with the latest update in the SaaS industry as we bring you the SaaS Weekly Roundup, which includes but not limited to breaking news on recent SaaS funding rounds. Discover which software-as-a-service companies are securing new investments, driving innovation, and shaping the future of cloud-based solutions.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funding News List.
Summary table of the SaaS funding last week
Product Name | Category | Funding Type | Amount |
Ameba | AI-driven Supply Chain Platform | Seed Funding | $7.1 million |
Voliro | Robotic Aerial Industrial Inspections | Series A | $12 million |
Al Menu | SaaS for Food and Beverage Industry | Funding | $10.12 million |
fynk | Legal Workflow Tools | Funding | €3.1 million |
Formality | AI-driven Contract Management | Funding | €8 million |
ZEVO | Electric Vehicle Mobility Platform | Pre-Series A | $2 million |
Zintlr | B2B SaaS for Sales Intelligence | Seed Funding | ₹7.5 crore |
Pepsales | SaaS for Sales Performance | Pre-Series Funding | $1.1 million |
Ameba raises $7.1M for global expansion.
Ameba, an AI-driven supply chain platform, raised $7.1 million in a Seed funding round led by Hedosophia. European investor Visionaries Club reinvested, having previously led Ameba’s pre-Seed round. Anamcara also participated in the funding. The platform aims to transform supply chain management with AI technology. This new funding will support Ameba’s continued growth and innovation efforts.
Swiss drone startup secures $12M Series A.
Voliro, a Swiss startup focused on robotic aerial industrial inspections, has secured $12M in Series A funding. The company aims to revolutionize how industrial inspections and maintenance are performed at heights. Their advanced drones are designed to access hard-to-reach areas, enhancing safety and efficiency. This funding will help Voliro expand its technology and operations. Investors see strong potential in transforming the industrial inspection sector.
Al Menu secures $10M to expand in KSA.
Al Menu, a Saudi Arabia-based SaaS company focused on the food and beverage industry, has successfully raised $10.12 million in its latest funding round. This round was led by Al Majdiah Investment, highlighting strong interest in the company’s innovative solutions. The funding will be used to enhance operations and expand their offerings within the Kingdom. By leveraging this investment, Al Menu aims to streamline processes for restaurants and food providers. This financial boost positions the company for significant growth in a rapidly evolving market.
Austria’s fynk secures €3.1M funding.
Vienna-based fynk has successfully raised €3.1 million to enhance its offerings in legal workflow tools. The company focuses on making AI-powered solutions accessible not only to legal teams but also to non-legal professionals. This funding round reflects the growing demand for efficient legal processes in various industries. With this investment, fynk aims to expand its product features and reach a broader audience. The goal is to streamline legal workflows and empower teams across organizations to handle legal tasks more effectively.
Formality secures €8M for AI contract management.
Paris-based startup Formality has successfully secured €8 million in funding to enhance its AI-driven contract management platform. This investment aims to simplify the contract management process for both clients and suppliers. By leveraging artificial intelligence, Formality seeks to streamline workflows and improve efficiency. The funds will be directed towards further development and expansion of their innovative solutions. This move positions Formality as a key player in the evolving landscape of contract management technology.
ZEVO raises $2M in Pre-Series A funding.
ZEVO, a tech-driven electric vehicle mobility platform, has secured $2 million in its pre-Series A funding round. The funding was led by Pegasus India Fund, highlighting strong investor confidence in the EV sector. Other contributors included BizDateUp and JITO Incubation and Innovation Foundation (JIIF). The investment will help ZEVO enhance its technology and expand its services. This funding marks a significant step forward for the platform in the growing EV market.
Zintlr raises ₹7.5 crore in seed round.
Zintlr, a B2B SaaS platform focused on sales intelligence and prospecting, has successfully secured ₹7.5 crore in a seed funding round. The investment was led by Om Jain, highlighting confidence in Zintlr’s innovative solutions. This funding will support the platform’s growth and enhance its offerings for sales teams. Zintlr aims to empower businesses with data-driven insights to boost their sales strategies. The investment positions Zintlr for future expansion in the competitive SaaS landscape.
Pepsales raises $1.1M for AI, expansion.
Pepsales, a SaaS platform designed to enhance sales team performance through AI, has secured $1.1 million in a pre-series funding round. This funding aims to bolster its technological capabilities and drive geographic expansion. With these resources, Pepsales plans to refine its AI features, enabling better sales insights and efficiency for users. The investment reflects growing interest in AI solutions tailored for sales. This financial boost positions Pepsales for significant growth in the competitive SaaS landscape.
Read More: Top 10 Popular SaaS Marketing Blogs in 2024