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 | Product Category | Funding Amount | Funding Type |
|---|---|---|---|
| Flogas | Renewable Energy | £41.87 million (€50M) | Investment |
| Kanpla | SaaS (Catering) | €8 million | Series A |
| Zodot | Business Management | $500,000 | Seed Funding |
| IOTA Software | Data Visualization | $10.4 million | Series A2 |
| Sierra | Software | $175 million | Funding Round |
| Infraspeak | Facilities Management | €18 million | Series B |
| Wobby | AI Information Platform | €1.1 million | Seed Funding |
| Emidat | Environmental Services | €4 million | Seed Funding |
| Nooks | AI Sales Solutions | $43 million | Series B |
| WarrCloud | Warranty Processing | $20 million | Series B |
Flogas to Invest £41M in Irish Solar
Irish energy company Flogas plans to invest €50 million (£41.87 million) in solar projects over the next five years. This initiative is part of their new “solar as a service” scheme, aiming to expand solar energy access in Ireland. The service model will allow businesses and possibly residential users to benefit from solar energy without upfront costs. This long-term investment underscores Flogas’s commitment to renewable energy and Ireland’s green energy goals.
Kanpla Secures €8M to Revolutionize Catering
Kanpla, a Danish SaaS company focused on digitalizing contract catering, has secured €8 million in Series A funding. Led by Dutch VC firm HenQ, this investment will drive Kanpla’s international growth across Europe and the U.S. The funding supports Kanpla’s mission to modernize catering operations, making them more efficient and scalable.
Zodot Raises $500K in Seed Funding
Zodot has raised $500,000 in seed funding to support self-employed individuals and startups in business management. The funding will help Zodot enhance its tools for managing and growing small businesses efficiently. With a focus on simplifying operations, Zodot aims to provide essential resources for entrepreneurs to streamline tasks. This investment will accelerate Zodot’s ability to support startups and self-employed professionals.
IOTA Software Secures $10.4M Series A2
IOTA Software Inc., a prominent provider of industrial and business data visualization tools, has raised $10.4 million in Series A2 funding. The funding round was led by Altira Group, with additional backing from Oxy Technology Ventures, Aramco Ventures, and Second Avenue Partners. This investment will support IOTA’s growth and further development of its visualization technology. The company aims to enhance data-driven insights for industries, offering tools that improve operational efficiency and decision-making.
Sierra Secures $175M, Valued at $4.5B
Sierra, a software startup co-founded by ex-Salesforce co-CEO Bret Taylor, has raised $175 million in its latest funding round. Led by Greenoaks Capital, the investment brings Sierra’s valuation to $4.5 billion. The funding will support growth initiatives and product development. Sierra aims to leverage this investment to strengthen its market position and expand its offerings.
Infraspeak Secures €18M in Series B Funding
Infraspeak, a facilities management platform based in Portugal, has successfully raised €18 million in a Series B funding round. This investment was led by Endeit Capital, with support from existing investors including Indico Capital Partners and Bright Pixel Capital. The funds will help Infraspeak enhance its platform and expand its services. The company focuses on improving operational efficiency for businesses through technology. This funding marks a significant step in Infraspeak’s growth and development in the facilities management sector.
Wobby Raises €1.1M in Seed Funding
Wobby, based in Antwerp, Belgium, is an AI-driven information platform provider that has successfully secured €1.1 million in seed funding. This funding aims to support the development and expansion of its innovative services. The investment will enhance Wobby’s ability to deliver valuable insights and information to its users. By leveraging AI technology, Wobby aims to streamline access to critical data and improve decision-making processes for its clients. This financial boost positions Wobby for growth and innovation in the competitive tech landscape.
Emidat Secures €4M in Seed Funding
Emidat, a Munich-based startup, focuses on automating environmental product declarations (EPDs) for construction materials. The company has raised €4 million in seed funding to improve its technology and expand its services. This investment will help Emidat streamline the EPD process, making it easier for manufacturers to meet environmental regulations. With this funding, Emidat aims to enhance sustainability in the construction industry.
Nooks Secures $43M for AI Sales Tool
Nooks has launched its AI Sales Assistant Platform (ASAP) following a successful $43 million Series B funding round. This innovative platform aims to enhance sales processes by utilizing artificial intelligence to assist sales teams. The funding will help Nooks further develop its technology and expand its market presence. With ASAP, Nooks positions itself as a leader in AI-driven sales solutions.
WarrCloud Secures $20M Series B Funding
WarrCloud, a top automated warranty processing platform for the automotive industry, has successfully raised $20 million in Series B funding. This investment will enable WarrCloud to enhance its technology and expand its services. The company aims to streamline warranty management processes for automotive businesses. With this funding, WarrCloud strengthens its position as a leader in warranty solutions.
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