Observed Signal · Dec 12, 2024 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Embeddable Raises €6M Seed for Embedded Analytics Platform
Embeddable, a developer tool for embedded analytics, has raised €6 million in seed funding. The round was led by OpenOcean, with participation from existing investors Four Rivers and TechStars. Embeddable offers a headless analytics platform that allows software developers to embed interactive dashboards directly into their applications, enabling end-users to customize their data views through a no-code interface. The company has secured contracts with 36 companies and signs over $100k in new contracts monthly. It plans to use the funding to strengthen its team and build a developer community. CEO Tom Gardiner emphasized the importance of fast, flexible analytics tools compared to traditional BI solutions.
Funding for an analytics platform relevant to MarTech, but a small seed round with limited direct impact on AdTech.
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Key Takeaways & Evidence Grounding
- Embeddable raised €6 million in seed funding, led by OpenOcean.
- Existing investors Four Rivers and TechStars participated in the round.
- Embeddable is a headless embedded analytics platform with a no-code interface.
- The company had secured contracts with 36 companies and received over 800 beta program applications.
- Embeddable signs over $100k in new contracts each month.
Connected Companies & Entities
2 Entities mapped“OpenOcean led the round, with participation from existing investors: Four Rivers, and TechStars....”
“OpenOcean led the round, with participation from existing investors: Four Rivers, and TechStars....”
Ontology Mapping & Concepts
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Universal Quantum Raises Record $100M Series A
Universal Quantum, a University of Sussex spinout founded in 2018, has raised $100 million in a Series A funding round, described as the largest Series A for a UK-headquartered quantum firm. The company focuses on building fault-tolerant quantum computers with millions of error-corrected qubits. The round was co-led by DCVC and Firgun Ventures, with participation from EDBI, Integral GlobalTech, and others. Funds will accelerate global expansion in the US, Japan, and Germany, and support technology development. The company has contracts with the German government and partnerships with Rolls-Royce. Universal Quantum's technology includes the iQPU chip and UQConnect interconnect, aiming for scalable, room-temperature quantum computing.
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