SEON Closes $80 Million Series C Led by Sixth Street Growth
SEON to Accelerate Global Expansion and Real-Time, AI-Powered Fraud Prevention Innovation SEON, the command center for fraud prevention and AML compliance, today announced the close of its $80 million Series C round of funding. The investment was led by Sixth Street Growth with participation from existing investors IVP, Creandum and Firebolt, and new investors including Hearst. […]
Pactum secures $54 million in Series C Funding to Scale Agentic AI in Procurement
Pactum, a leading Agentic AI platform for enterprise procurement, today announces its Series C fundraise of $54 million. This round, led by global software investor Insight Partners, brings the company’s total funding to date to more than $100 million and will help bolster enterprise procurement with Agentic AI solutions that work alongside humans to negotiate […]
Riptides Raises $3.3M in Hungary’s Largest Ever Pre-Seed Round
Riptides replaces API keys and passwords with auto-rotating, cryptographic identities—eliminating manual credential management. Hungarian security startup Riptides has raised $3.3 million in pre-seed funding to launch its platform for secure non-human identity management. This marks one of the largest Pre-Seed rounds in Central and Eastern Europe ever, and Hungary’s biggest one to date. The funding […]
Kodesage Raises €2.3M Pre-Seed to Revolutionize Legacy Software Modernization with AI
Kodesage, a pioneering startup specializing in AI-powered solutions for legacy software modernization, has raised €2.3 million in pre-seed funding led by Portfolion Capital Partners, with participation from prominent angel investors, including former UiPath executives. Kodesage’s AI-powered platform provides automated documentation, accelerates onboarding, and simplifies modernization efforts, ensuring compliance and data security for enterprises. With paying […]
Pactum Lands $20 Million in Maersk-Backed Funding Round
Pactum AI, a Silicon Valley-based software developer, has raised $20 million in venture capital from a consortium of backers, including Danish shipping giant Maersk, that’s betting on a future where many supplier deals are negotiated without humans. Pactum’s autonomous bots can contact thousands of suppliers simultaneously seeking the best pricing and terms for routine corporate […]
Commsignia announces funding of $15M in Series B round
This new investment round brings Commsignia and its partners closer to significantly reducing the number of traffic fatalities and injuries. Commsignia, Inc., the largest company focusing on Vehicle-to-Everything (V2X) solutions, announced the closing of an USD 15 million Series B fundraising round led by Portfolion Capital Partners, Inventure, Day One Capital and Inference Partners, together […]
FlowX.ai raises $35M for its AI-based approach to application integration
“Digital transformation” and AI remain very buzzy terms in the world of enterprise software, and today a startup operating in Romania that’s built a platform that taps into both concepts, and is seeing user traction in the financial sector, has raised a decent round of funding. FlowX.ai — which lets enterprises port legacy and newer […]
Portfolion welcomes Ontotext in the portfolio
Portfolion acquired a stake in Bulgarian Ontotext, a market leader in the field of graph databases, used to interpret and process accumulated big data assets, the Hungarian investor announced. Integral Venture Partners led the investment and was joined by Portfolion and Carpathian Partners. Following the transaction, the investors will focus on strengthening Ontotext’s international presence […]
0 (to 1) to 100 — Investing in SEON for the 5th time
A few days ago, our portfolio company, SEON, announced the largest Series B round — $94 million — ever raised by a Hungarian startup. This also marks the date when Portfolion has invested in the team of SEON for the 5th time — following its CEE all-stage investment strategy. This shared milestone of SEON and […]
SEON Raises $95 Million Series B
SEON, a London-based Anglo-Hungarian startup that powers online fraud prevention raised $95 million in Series B funding. Led by Silicon Valley-based IVP, the round also includes existing investors Creandum and Portfolion, as well as, angel investors including founders and senior executives from the very best product tech stories: Aiven, Coinbase, Datadog, Doordash, Figma, G2 Crowd, […]