Billogram Raises $13.9M to Expand Invoicing Platform in Europe

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Swedish invoicing platform Billogram has raised 150 million Swedish kronas ($13.9 million) in an investment round to accelerate its growth in the DACH region — Germany, Austria and Switzerland — as well as the rest of Europe.

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    Two-thirds of the total amount raised came from Swisscom Ventures, the venture company of Swiss telecom company Swisscom, which led the round and will work closely will Billogram to speed its growth, according to a Tuesday (Aug. 30) press release.

    “The fact that one of Europe’s largest telecom companies sees the potential in our business and the benefit of our platform is, of course, seen as very important evidence in our internationalization,” Billogram CEO Jonas Suijkerbuijk said in the release.

    Founded in 2011, Billogram offers an invoicing platform for businesses with recurring payments. Its customers include firms in the telecom, energy, mobility, finance and security industries, according to the release.

    The platform uses smart technology to help these companies lower costs, increase revenue and reduce churn by strengthening their relationships with customers and automating their payment processes, per the release.

    “Billogram is in many ways a unique player in Europe,” Swisscom Investment Partner Pär Lange said in the release. “Based on our expertise in, and experience from, the telecom industry, we are impressed by how they have managed to create a modern, digital customer experience with their platform and thus a future-proof invoicing solution.”

    This investment round comes a year after one that raised $45 million from global tech investor firm Partech, which participated in the latest round as well.

    Read more: Billogram Closes $45M Round for Digital Invoicing Expansion

    Partech General Partner Omri Benayoun said in September: “In our discussion with leading utilities, telecom, eHealth and all other clients across Europe, we realized how valuable Billogram was for them in order to engage with their end-users through a top-notch billing and payment experience.”

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    Anthropic Unveils Claude Opus 4.1 in Dueling Releases With OpenAI

    Anthropic, Claude, AI

    Anthropic unveiled the latest version of its flagship artificial intelligence model Tuesday (Aug. 5), the same day that OpenAI released its first two open reasoning models since 2019.

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      Claude Opus 4.1 is better at agentic tasks, coding and reasoning, according to a Tuesday company blog post. Leaks of Claude Opus 4.1 began appearing the day before on social platform X and TestingCatalog.

      Anthropic Chief Product Officer Mike Krieger said this release is different from previous model unveilings, Bloomberg reported Tuesday.

      “In the past, we were too focused on only shipping the really big upgrades,” Krieger said, per the report.

      Claude Opus 4.1 is a successor to Claude Opus 4, which launched May 22. Opus 4.1 shows gains on benchmarks such as SWE-Bench Verified, a coding evaluation test, where it scores two percentage points higher than the previous model, according to the blog post.

      The 4.1 model is also strong in agentic terminal coding, with a score of 43.3% on the Terminal-Bench benchmark compared with 39.2% for Opus 4, 30.2% for OpenAI’s o3, and 25.3% for Google’s Gemini 2.5 Pro, the post said.

      Customers such as Windsurf, a coding app being acquired by Cognition, and Japan’s Rakuten Group have reported quicker and more accurate completion of coding tasks using Claude Opus 4.1, per the post.

      The Claude Opus 4.1 release came amid signs that rival OpenAI is nearing the debut of GPT-5, the Bloomberg report said. OpenAI executives have been teasing its release, with some reports speculating it could be as soon as this month.

      “One thing I’ve learned, especially in AI as it’s moving quickly, is that we can focus on what we have — and what other folks are going to do is ultimately up to them,” Krieger said when asked about GPT-5, per the report.

      Anthropic, founded in 2021 by former OpenAI researchers, has focused on building safer, high-performing AI systems. The startup is generating about $5 billion in annualized revenue and is finalizing a funding round that could value it at $170 billion, the report said.

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      Read more:

      Anthropic Yanks OpenAI’s Access to Claude Model

      Anthropic Launches Claude for Financial Services to Power Data-Driven Decisions

      AI Agents Do Well in Simulations, Falter in Real-World Shopkeeping Test