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Heidelberg-based Aleph Alpha, a player in the field of explainable and trustworthy AI, announced the successful signing of its Series B financing round.

Web3 Pro, a MarTech SaaS company built around targeted opt-in marketing, closed a substantial round of fresh funding from P101, one of the largest European venture investors, bringing the total raised to date to almost $10 million, with a post money valuation of $57 million.

Hivebrite, a community management platform, has raised a $37 million Series B funding round. This latest funding highlights the growing demand for Hivebrite’s product and its leadership in the community-building industry.

Edinburgh-based venture capital firm Par Equity, has announced the launch of its new venture fund - Par Equity Ventures I LP.

The European Investment Fund (EIF) and Swedish fintech company Invoier have signed a guarantee agreement worth up to €58 million to provide small and medium firms (SMEs) and other companies with better access to funding.

Kuramo Capital Management, an investment management firm with a focus on Sub-Saharan Africa (SSA), has announced plans to invest $150 million in female-led enterprises over the next 10 years.

Webel, the app that brings any service to your doorstep, has raised €2.1 million led by Trind Ventures, primarily for expansion purposes.

Sony Group Corporation (Sony), has established "Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.

Luxembourg’s MarketLeap, formerly Gonuggets, has secured an additional €1.5 million in seed funding, taking its total funding to €2.6 million.

London-based Lottie has raised £16.35 million Series A funding round led by Accel, with participation from previous investor General Catalyst.

Creatopy, the AI-driven creative automation platform, has raised $10 million Series A funding from 3VC and Point Nine.

Startup Wise Guys, a long-standing startup accelerator in Europe, announced the launch of Growth Ukraine programme to empower private sector innovative companies and entrepreneurs who are active in Ukraine.

Unitus Ventures, a venture capital firm in India that supports early-stage tech startups focused on India’s rising middle class, announced it is joining forces with its US affiliate Capria Ventures.

IFC has announced a $3.4 million equity investment in African e-Commerce platform ANKA to support the growth of small and women-led artisanal businesses, strengthening Africa's creative industries and its growing online retail sector.

Techstars, a pre-seed and early stage venture capital firm, with over 8,000 founders, 54 programs in 14 countries, and more than 300 corporate partners, has announced its investment in ILUMA AI.

Kayna, the embedded insurance infrastructure platform, has closed a €1 million pre-seed funding round.

Indigo Ag, the premier sustainability partner of the agriculture industry, announced that it has raised over $250 million to drive innovation and growth in its sustainable agriculture programs and better serve its customers and partners.

Yurts, the enterprise-ready Generative AI platform, announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures.

Hyundai Mobis is expanding its investments in global startups with core future mobility technologies. The strategy is to bolster competitive allies in specific areas.

Venture Capital Veterans Nagraj Kashyap, Priya Saiprasad and Samir Kumar announced the launch of Touring Capital, a venture capital firm focused on investing in the next generation of early-growth stage, AI-powered SaaS startups around the world.

Mecho Autotech, a Nigerian mobility startup providing quality automotive spare parts and vehicle repairs and maintenance services, announced it closed a $2.4 million pre-Series A investment round.