Genspark’s Meteoric Rise: From Search Shutdown to AI Agent Powerhouse Nearing Unicorn Status
From Search Graveyard to AI Stardom In a stunning display of market momentum, artificial intelligence startup Genspark is reportedly negotiating…
Tag: Series A round
German AI Energy Pioneer etalytics Secures €16M Total Series A to Drive Global Industrial Efficiency
Strategic Funding Expansion for AI-Powered Energy Intelligence German DeepTech innovator etalytics has successfully closed an €8 million extension to its…
Nexos.ai Secures €30M to Bridge Enterprise AI Adoption Gap with Security-First Platform
From Cybersecurity Titans to AI Governance Pioneers The founders behind Nord Security, creators of the globally recognized NordVPN, have turned…
Cercli Secures $12M in Oversubscribed Series A to Expand AI-First HR Platform Across MENA Region
Cercli, an AI-powered HR and payroll platform designed for MENA businesses, has raised an oversubscribed $12 million Series A. The startup reports scaling revenue over 10x and processing $100M+ in annual payroll, leveraging AI-native architecture to challenge legacy systems.
Oversubscribed Funding Round
Cercli, a Dubai-based HR technology startup, has reportedly raised $12 million in an oversubscribed Series A funding round led by European venture capital firm Picus Capital. According to reports, the round saw participation from Knollwood Investment Advisory and existing investors Y Combinator, Afore Capital, and COTU Ventures. This investment marks Picus Capital’s first venture into the MENA region, with the firm having previously backed global HR companies such as Personio and Deel.
Tempo’s $5B Blockchain Valuation Signals Major Shift in Enterprise Crypto Adoption
Record-Breaking Funding for Stripe-Backed Blockchain In one of the largest Series A rounds in blockchain history, Tempo has secured $500…
The AI effect? These tech startups employ 17.5% fewer workers than 5 years ago — despite raising 50% more money
AI Reshapes Startup Hiring: 17.5% Fewer Workers Despite 50% Funding Surge Leaner Teams, Smarter Funding: The AI Revolution in Tech…