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Owl Labs Raises $25M

Boston, MA-based AI-powered 360-degree video conferencing solutions provider Owl Labs has raised $25 million in a Series C round. The funding round was led by HP Tech Ventures, the venture capital arm of HP. Sourcenext also participated in this round, along with existing investors Matrix Partners, Spark Capital, and Playground Global.

Angelo Del Priore, partner at HP Tech Ventures, has joined Owl Labs’ board of directors.

Owl Labs has raised $47 million to date.

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Spellbook raises $10.9M (Canada)

Toronto & St. John's, Newfoundland-based Spellbook has raised $10.9 million in funding.

Episode Six raises $48M

Austin, Texas-based Episode Six, a provider of enterprise-grade payment processing and digital ledger infrastructure, has raised a $48 million Series C funding round.

PartsTech raises $35M

Boston, Ma-based PartsTech, a B2B parts ordering platform for automotive repair, has raised a $35 million Series C round. The investment was led by OpenView.

Axelera AI raises $50M (The Netherlands)

Axelera AI announced the addition of new investors in its Series A round, thereby raising the total amount to $50 million.