• Anti-fraud startup Fraugster score $14M Series B

    13 days ago - By Tech Crunch

    Fraugster , the Berlin-based startup that uses artificial intelligence to prevent fraud for online retailers, has raised $14 million in a Series B funding. The round is led by CommerzVentures, the venture capital subsidiary of Commerzbank, alongside early Fraugster investors Earlybird, Speedinvest, Seedcamp, and Rancilio Cube.
    Notably, Munich Re/HSB Ventures, the VC arm of global reinsurer Munich Re, also participated in the round. That's because Munich Re is insuring Fraugster's “Fraud Free” product, which takes on the full liability for each transaction to ensure retailers utilising...
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  • Social media content and analytics startup PressLogic raises $10M from popular Chinese selfie app Meitu

    Social media content and analytics startup PressLogic raises $10M from popular Chinese selfie app Meitu

    13 days ago - By Tech Crunch

    PressLogic founders Ryan Cheung and Edward Chow
    PressLogic , a Hong Kong-based social media content and data analytics startup, announced today that it has raised a $10 million Series A+ round from Meitu , developer of the popular Chinese selfie app. PressLogic will use the funds to launch its new lifestyle brand GirlStyle and enter e-commerce with its proprietary algorithms, which predict what topics will trend on social media among specific groups.
    The new round brings PressLogic's total raised to $15 million. Meitu first acquired a minority stake in PressLogic last year .
    After...
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