Egyptian online used car retailer Sylndr has raised a US$12.6 million pre-seed funding round to help expand its operational and technological infrastructure, increase brand awareness, and grow its team.
Merqueo, a digital supermarket that operates in Colombia, Mexico, and recently Brazil, received a US$22 million financing package from IDB Invest and Blue like an Orange. IDB Invest emphasized that the transaction would help Merqueo foster job creation and purchases from local suppliers, especially SMEs.
Sports marketing is another specialized area that has attracted CDPs in recent months. Sports app vendor FanReach has launched a new system with advanced audience segmentation, multi-variant messaging, and personalization. It might not be a CDP but it would certainly make good use of one.
It’s deal-making time for generative AI model builders and publishers who can provide them with quality data. Germany publishing giant Axel Springer is trading access to its data for Microsoft adtech, AI, and Azure hosting solutions. Meanwhile, The Financial Times has struck a deal with OpenAI to license its content with attribution of summaries and quotes.