Leading AI-powered maintenance solutions startup Fracttal announced today it has closed a $35 million USD funding round led by U.S. private equity firm Riverwood Capital. The round included participation from all existing investors, including Seaya Ventures, Kayyak, GoHub, and Amador. As part of the investment, Riverwood Capital executive director Federico Storani will join Fracttal’s board.
The Puerto Rico’s Science, Technology and Research Trust (PRSTRT) has announced an investment of USD 225,000 through the follow-up fund parallel18 Ventures in four Puerto Rican and Latin American startups in return for stocks or convertible notes, as a match to private capital raised by the companies. The fund carries the name of accelerator parallel18
Fledgling startup Redeemy is the solitary Colombian representative at A-tech conference in Aruba at the end of this month. The company will now have a chance to pitch to investors in the island to grow their company beyond their three-person crew in Bogotá. As with the other startups chosen, Redeemy has its ambition in improving
With the amount of geographic info available constantly increasing, data collection technology is developing at unprecedented rates. On a global scale, the Geographic Information System (GIS) market was valued $9,835.50 in 2017 and is predicted to grow by approximately 10% within the next five years. However, the team at AmigoCloud noticed that the use of