Funderbeam, the global funding and trading platform, has raised US$ 4.5 million in Series A funding, led by UK-based Accelerated Digital Ventures (ADV). The round includes new investors such as GK-Plug and Play Indonesia, Pandan Ventures, with existing investors including Draper Associates, Draper Venture Partners, IQ Capital, and Mistletoe also taking part.
Cambridge-based Audio Analytic, a pioneer of sound recognition, has closed a $12 million Series B round to support its vision to give all machines a sense of hearing, beyond speech and music.
Privitar, a software startup that helps enterprises and others engineer privacy protection into their data projects, has raised $40 million in a series B round of funding led by Accel, with participation from Partech, Salesforce Ventures, IQ Capital, and 24Haymarket.
GDPR came into force in May last year, intended to give individuals more control over their personal data. But one of the unintended consequences of the new regulation—which we’re already starting to see across a range of industries—is the drag on innovation. Would-be innovators must walk a tightrope between data compliance and business innovation based on the data they have access to and, in many cases, they could do with a helping hand. Could an accredited independent body responsible for overseeing the creation and responsible use of open data sets be the solution?
Plato Partnership, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, is collaborating with BMLL Technologies to provide twelve daily T+1 market quality metrics to enable more transparency and information across the trading landscape in Europe.