Slope has secured $65 million in strategic equity and debt funding to scale its B2B payments platform for enterprise companies. The funding was provided by J.P. Morgan Payments, Y Combinator, Jack Altman and Max Altman’s new fund, Saga, Slope said in a Wednesday (July 17) press release. The company was not...
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time...
OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in Mexico, will use the new funding to fuel its expansion across the Americas and globally, OCN said in a Monday...
Adaptive raised $19 million in a Series A funding round to scale its artificial intelligence-powered financial platform for businesses in the construction industry. The platform was launched in February 2023 and now has more than 280 construction companies managing over $1.4 billion of project volume...
Partior has raised $60 million in a Series B funding round to add new capabilities and more currencies to its global unified ledger-based interbank rails for real-time clearing and settlement. The company’s infrastructure is used by major banks in financial markets that include London, New...
Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa. The new offerings will expand upon Nala’s app, which was launched in 2021 and now allows users in the United...
Skild AI has raised $300 million in a Series A funding round to build an artificial intelligence (AI) model for robotics. The company will use the new capital to expand its team and to continue scaling its model and training datasets in preparation for future...
Fireworks AI raised $52 million to expand its artificial intelligence product. The investment values the 2-year-old firm at $552 million, according to a Monday (July 8) company blog post. The company helps businesses access multiple AI models. “Unlike proprietary mega models that are generic, non-private,...
High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments, VC companies can still find plenty of opportunity. It’s a formula that Geneva-based Forestay Capital...
