Accel

Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024  |  Investments

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use...

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The Week in AI: Copilots, Unicorns and Calls for Oversight
The Week in AI: Copilots, Unicorns and Calls for Oversight
October 22, 2023  |  artificial intelligence

We are still in the first innings of generative artificial intelligence (AI). But the innovative and groundbreaking technology, which represents an entirely new computing paradigm,...

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Report: Generative AI Firms Make Up 60% of New Unicorns
Report: Generative AI Firms Make Up 60% of New Unicorns
October 17, 2023  |  artificial intelligence

If you’re searching for unicorns, you might want to look in the generative AI space. A report published Tuesday (Oct. 17) by venture firm Accel says generative artificial intelligence...

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AI-Enabled Source-to-Pay Solution Provider Aavenir Raises $6M
AI-Enabled Source-to-Pay Solution Provider Aavenir Raises $6M
March 22, 2022  |  Investments

Aavenir, an artificial intelligence (AI)-enabled source-to-pay (S2P) solution provider, raised $6 million in Series A funding, the company announced Tuesday (March 22). Aavenir said it...

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Accel Adds Former Instacart CFO Sagar Sanghvi to Investment Group
Accel Adds Former Instacart CFO Sagar Sanghvi to Investment Group
September 17, 2021  |  Personnel

Former Instacart CFO Sagar Sanghvi is now part of the Accel investment team, according to a blog post on the company’s website on Friday (Sept....

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Accel Leads Xendit’s $65 Million Fundraise For South East Asia’s Digital Payments
Accel Leads Xendit’s $65 Million Fundraise For South East Asia’s Digital Payments
March 02, 2021  |  Digital Payments

Digital payments infrastructure firm Xendit notched $64.6 million in a Series B funding round led by Accel, bringing the total raised to $88 million since...

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This Week In Payments: Accel’s Amit Jhawar On The Great Digital Shift
This Week In Payments: Accel’s Amit Jhawar On The Great Digital Shift
July 24, 2020  |  Innovation

If one were to attempt to boil this week’s payments news down to a single question, it would likely be: “What happens now?” Consumers and...

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Bitcoin Daily: FalconX Notches $17M In Funding; Venezuelans Now Can Use Bitcoin At POS Terminals
Bitcoin Daily: FalconX Notches $17M In Funding; Venezuelans Now Can Use Bitcoin At POS Terminals
May 18, 2020  |  Bitcoin

Digital currency trading platform FalconX has notched $17 million in an Accel-led funding round, CoinDesk reported. The funding will reportedly help with a larger trade...

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Deliveroo Investors Speak Out Against Regulator Scrutinizing Amazon Deal
Deliveroo Investors Speak Out Against Regulator Scrutinizing Amazon Deal
January 29, 2020  |  Amazon

Index Ventures and Accel, two early investors in Deliveroo, are speaking out against the Competition and Markets Authority (CMA) in the U.K., which is currently...

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