Shein reportedly pledged a $271 million, five-year investment in Europe and the United Kingdom. The planned investment comes as the fast-fashion retailer is preparing for a possible listing in the U.K. and fends off criticism of its business model, Reuters reported Tuesday (July 9). While...
Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies....
Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. The company will use the new funding to grow its machine learning (ML) team and continue investing in its in-house...
Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. Verifying the identities of small and medium-sized businesses (SMBs) by screening for fraud and meeting local and international know your business (KYB) requirements is a major...
New York-based AI startup Hebbia has raised $130 in a new funding round. The company plans to use the funding, announced on its website Monday (July 8), as it continues to refine its tool, which uses artificial intelligence (AI) to search through documents and answer complex queries. The Series...
European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is the second fund from the VC firm that focuses on enterprise technology companies, targets those at the early growth stage,...
Israeli blockchain data management startup SendBlocks has raised $8.2 million in seed funding. The company, which has just emerged from stealth, announced the funding in a news release Wednesday (July 3) that also outlined its platform, which lets blockchain enterprises, ecosystems, protocols and applications “define...
Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6 billion, Reuters reported Wednesday (July 3), citing data from PitchBook. That figure marks a 47% increase over the $37.8 billion...
KarmaCheck has raised $45 million in a Series B funding round to accelerate the development of its technology-based solution for background checks, credentialing and compliance. The company will also scale its service levels and expand into new industry verticals, KarmaCheck said in a Thursday (June...
