💸 AI Company Aily Labs Raises €19M From Insight Partners
FemWealth Issue #124
Hi FemWealth Friends,
and Happy (belated) US Women's Equality Day!
In the Spotlight 💸
Co-founded by Bianca Anghelina (CEO) and Sara Bisbe López (Chief AI Technology Officer), Aily Labs, a Munich-based AI-for-enterprise company raised a €19 million funding round led by Insight Partners.
Launched in 2020, the company is on a mission to transform ways of working by empowering businesses with meaningful AI. It has been profitable since its first year of operating.
“AI is about innovation at lightning speed and is at the heart of our product. The speed to integrate our app can be as fast as one day, giving instant data transparency across the entire business. Putting AI in the hands of business users is transforming operating models, delivering greater efficiencies, and accelerating outcomes.” - Bianca Anghelina, Aily Labs’ co-founder and CEO
Read more: Aily Labs Raises €19M in Series A Round Led by Insight Partners
Bootstrapped AI startup Aily Labs lands €19m from Insight
Founder’s Story 👀
Meet two-time entrepreneur Tracy Young, CEO and Co-founder of TigerEye. Read all about her entrepreneurial journey, including how she exited her first company to Autodesk, and how she navigated pregnancy and early motherhood as a venture-backed founder.
FemWealth Favourites ❤️
The anthesis web: Anytype raises $13.4M to restore the Internet - Zhanna Sharipova is a co-founder and CEO of the Berlin-based startup developing a peer-to-peer, open-source tool that promotes digital freedom, privacy, and control over data. Anytype raised $13.4 million in a funding round led by Balderton Capital, including Inflection, Square One, and angel investors.
NatureMetrics raises £10m as biodiversity moves up the ESG agenda - Founded and led by Kat Bruce, London-based NatureMetrics is working on DNA sampling tech to track the species present in different locations. It secured £9.8 million in new funding from undisclosed investors.
Former head of growth at Slack is building a growth-tracking platform for everyone - Co-founded and led by Merci Grace, Panobi, a San Francisco startup building a growth platform for product and marketing teams, raised a $5 million seed round. Index Ventures led the deal.
Ex-Pinterest Staffer Launches AI App to Beat Pinterest, Raises $5 Million - Founded by Anna Bofa, Crate analyzes content people like to give them personalized recommendations about what products they should buy. MaC Venture Capital, Bessemer, and Collide participated in the company’s seed round.
Kamma raises £3.6M for geospatial tech advancing climate change solutions - Co-founded and led by Orla Shields, UK-based Kamma is a property data firm that powers climate change solutions. Clean Growth Fund led the company’s £3.6 million round, with participation from previous backers Triple Point and Pi Labs, and new investors Conduit EIS Impact Fund and Kiilto Ventures.
Jellatech Raises $3.5M to Scale its Cell-Based Collagen Platform - The US-based startup, co-founded and led by Stephanie Michelsen, uses cellular agriculture to produce complex proteins at scale, including bio-identical bovine, porcine, and human cell-based collagen. It raised a $3.5 million seed round that byFounders led, with additional support from Milano Investment Partners, Joyful VC, Siddhi Capital, and Blustein.
Creatively Focused Raises $3M in Seed Funding - Elizabeth Orme is the founder and CEO of the US-based provider of tech tools for reducing special educator burnout. It raised $3 million in a seed funding round led by York IE, and joined by Mairs & Power Venture Capital, Groove Capital, and Gopher Angels.
Maria Shriver’s, Patrick Schwarzenegger’s MOSH noshes on $3M for retail expansion - The brain health brand co-founded by Maria Shriver, raised its first institutional capital of $3 million in Series A funding to accelerate its retail distribution strategy. Joyance Ventures, The Lab Capital Advisors, Verso Capital, and Entrepreneur Ventures are among the investors.
Backed by Peak XV and Jungle, Neurowyzr puts the focus on brain health - Co-founded and led by Pang Sze Yunn, the Singapore- and India-based startup, raised $2.1 million in seed funding for its digital neuroscience assessment tool, the Digital Brain Function Screen (DBFS). Jungle Ventures and Peak XV’s (formerly Sequoia India and Southeast Asia) Surge program co-led the oversubscribed round, with participation from angel investors.
Blanka raises $2 million seed round for 'disruptive' platform to launch beauty brands - Co-founded and led by Kaylee Astle, the Vancouver-based startup offers a platform for private labeling beauty and wellness products. It raised a $2 million seed round led by Dundee Venture Capital, and joined by Storytime Capital and Disruption Ventures.
Dipp uses AI to fix bottlenecks between marketing and design teams - Co-founded by Jennifer Chen, the Taipei-based AI-powered SaaS platform that automatically designs digital marketing content, raised $1.5 million in seed funding from investors including SparkLabs Taiwan and Palm Drive Capital.
VC: The State of Seed Stage Funding to Underrepresented Founders - BBG Ventures published its first report on Seed Stage Funding to Underrepresented Founders. It shows that out of 5,985 US-based venture capital firms (including Micro VCs and CVCs) investing at the seed stage, fewer than 45 made ≥49% of their investments in women- and BIPOC-led companies without an explicit mandate to invest in underrepresented founders.
Women’s Health: Utilizing AI Technology to Close the Gender Health Gap - Features Priyanka Jain, CEO and co-founder of Evvy, a startup on a mission to close the gender health gap by discovering and leveraging overlooked female biomarkers, starting with the vaginal microbiome.
‘Dirty red’: how periods have been stigmatised through history to the modern day
Business: Instacart files to go public on Nasdaq to try and unfreeze tech IPO market - Led by CEO Fidji Simo, US grocery delivery company Instacart plans to go public on the Nasdaq. Filed under the ticker “CART” it is poised to be the first significant venture-backed tech IPO since December 2021.
Norway fund wants more women on boards, concerned about excessive CEO pay - Norway’s wealth fund is pushing for more women on the boards of companies it invests in.
General Motors CEO Mary Barra on Embracing AI, GM's 'Barbie' Cameo, and the Power of Female Buyers
“It’s going to be *how* you do your job with AI. If you just say no to it, that’s probably the fastest path to not be relevant.” - Mary Barra, CEO of General Motors
Former Tesla marketing lead Corinne Aaron joins Einride as new CMO - Corinne Aaron joined Swedish freight mobility company, Einride, as its new CMO. She succeeds co-founder Linnéa Kornehed Falck, who stepped into the role of Deputy CEO and Executive Member of the Board.
Modern Meditations: Claire Hughes Johnson. The Stripe executive on leadership, linguistics, and literature. - An excellent profile featuring Claire Hughes Johnson, Corporate Officer and Advisor at Stripe, and author of Scaling People: Tactics for Management and Company Building
Sports: From turmoil to triumph, Spain earns its first Women’s World Cup title - Spain’s women’s soccer team won its first global title. It is also the first national team to hold the under-17, under-20, and senior women’s world titles at the same time. | Also read The Women’s World Cup broke even after years of financial losses
Mercury 13 launches a $100M fund to acquire women’s football clubs - Victoire Cogevina Reynal launched a new investment initiative named the Mercury 13 fund to acquire women’s football clubs in Europe and South America.
As always, thank you for reading FemWealth! 🥰 If you enjoyed this issue, please share it with a friend.
Until next Sunday,
Anamaria
Founder & Writer of FemWealth