techcrunch.com techcrunch.com

EQT acquires freemium graphics and stock photo marketplace, Freepik

Freepik, a Malaga-Spain based website which offers a curated freemium marketplace of vector graphics and stock photos fed by a community of contributing designers and photographers, is being acquired by investment and private equity firm EQT. The EQT Mid Market Europe fund has entered into an agreement to acquire a majority stake of Freepik from its founders and management team, who will remain on as minority owners, with co-founders,...

techcrunch.com techcrunch.com

Babylon Health leads a $30M Series B in US health kiosk operator, Higi

UK-based AI chatbot Babylon Health — which last year raised $550M at a $2BN+ valuation — has led a $30M Series B in US-based Higi, which owns and operates 10,000+ FDA-cleared health kiosks. Higi, which was founded back in 2012 per Crunchbase, has built out a nationwide network of “health stations” located at retail locations such as groceries and pharmacies within 5 miles of 73% of the US population, where users can check...

techcrunch.com techcrunch.com

AI is more data-hungry than ever, and DefinedCrowd raises $50M B round to feed it

As AI has grown from niche to mission-critical technology, the companies that enable it have multiplied and in many cases prospered. A good example of that success is DefinedCrowd, which has gone from the Disrupt stage to globe-spanning AI toolkit to the Fortune 500 in just a couple years. The company just raised a new $50.5M B round to further fuel its expansion. DefinedCrowd doesn’t make AI, but rather supplies data used to create...

techcrunch.com techcrunch.com

Spectrm raises $3M Series A from Runa Capital for its conversational marketing platform

In the “Age of Corona” — as some like to call it, the roboticization of industry and business has been super-charged by the pandemic. So while companies using messaging platforms to drive customers toward purchases was always on a long-term trend, the sheer volume of people staying online 24/7 during global lockdowns has led to this tactic also being boosted. So it’s therefore understandable that Spectrm, an AI-powered...

techcrunch.com techcrunch.com

Directly, which trains customer service chatbots with expert advice, raises $11M more

Directly, a startup whose mission is to help build better customer service chatbots by using experts in specific areas to train them, has raised more funding as it opens up a new front to grow its business: APIs and a partner ecosystem that can now also tap into its expert network. Today Directly is announcing that it has added $11 million to close out its Series B at $31 million (it raised $20 million back in January of this...

techcrunch.com techcrunch.com

China’s Geek+ brings warehouse robots to US via Conveyco partnership

Chinese robots will soon be seen roaming a number of warehouse floors across North America. Geek+, a well-funded Chinese robotics company that specializes in logistics automation for factories, warehouses and supply chains, furthers its expansion in North America after striking a strategic partnership with Conveyco, an order fulfillment and distribution center system integrator with operations across the continent. Geek+ is seizing a...