PYMNTS-MonitorEdge-May-2024

funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Earned Wealth Raises $200 Million for Doctor-Focused Financial Services Platform
Earned Wealth Raises $200 Million for Doctor-Focused Financial Services Platform
July 10, 2024  |  Investments

Earned Wealth has raised $200 million for its business that advises doctors on their professional and personal finances. The company provides one interconnected platform that...

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Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
July 10, 2024  |  Investments

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...

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Captions Raises $60 Million for AI-Powered Video Creation Platform
Captions Raises $60 Million for AI-Powered Video Creation Platform
July 09, 2024  |  Investments

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....

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Niva Raises $3.3 Million for AI-Powered Business ID Solution
Niva Raises $3.3 Million for AI-Powered Business ID Solution
July 08, 2024  |  Investments

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...

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Hebbia Raises $130 Million for AI-Driven Complex Query Tool
Hebbia Raises $130 Million for AI-Driven Complex Query Tool
July 08, 2024  |  Investments

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...

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Synerise Raises $8.5 Million to Expand AI-Driven Behavioral Modeling Solutions
Synerise Raises $8.5 Million to Expand AI-Driven Behavioral Modeling Solutions
July 07, 2024  |  artificial intelligence

Synerise has raised $8.5 million in a Series B+ funding round to expand its artificial intelligence (AI)-driven behavioral modeling and big data solutions. The investment...

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Safle Gains New Leadership, Funding to Grow Cross-Chain Identity Solution
Safle Gains New Leadership, Funding to Grow Cross-Chain Identity Solution
July 07, 2024  |  Personnel

Safle, a self-sovereign identity protocol and non-custodial wallet, has overhauled its leadership and raised funds at a valuation of $77 million. Apoorv Shankar, who has...

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Sanctuary AI Marks $140 Million in Funding for ‘Humanlike’ Robots
Sanctuary AI Marks $140 Million in Funding for ‘Humanlike’ Robots
July 03, 2024  |  artificial intelligence

Canada’s Sanctuary AI has landed new funding to create “humanlike intelligence in general purpose robots.” The unspecified funding amount, announced Wednesday (July 3), came from venture...

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Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
July 03, 2024  |  Investments

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...

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