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

UK’s CybaVerse Raises $1.4 Million to Expand Cybersecurity Team
UK’s CybaVerse Raises $1.4 Million to Expand Cybersecurity Team
October 29, 2024  |  Investments

U.K. cybersecurity firm CybaVerse is expanding its team after raising $1.4 million. The company announced the fundraise on its website Monday (Oct. 28), saying it...

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Capital One and USAA Invest in Security Firm Tidal Cyber
Capital One and USAA Invest in Security Firm Tidal Cyber
October 28, 2024  |  Investments

Security firm Tidal Cyber says it has landed investments from Capital One and USAA. The investments will help enhance the company’s enterprise edition platform and fuel the adoption of Tidal’s...

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Visa-Backed Osigu Raises $25 Million for Healthcare Platform
Visa-Backed Osigu Raises $25 Million for Healthcare Platform
October 25, 2024  |  Investments

Osigu has announced the first closing of its $25 million Series B funding round, saying it will use the funding to grow its healthcare revenue...

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Waymo and WeRide Raise Funds for Continued Autonomous Vehicle Development
Waymo and WeRide Raise Funds for Continued Autonomous Vehicle Development
October 25, 2024  |  Investments

Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its...

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Perplexity Says AI Search Engine Serves 100 Million Queries Per Week
Perplexity Says AI Search Engine Serves 100 Million Queries Per Week
October 25, 2024  |  artificial intelligence

Perplexity CEO Aravind Srinivas said Friday (Oct. 25) that the artificial intelligence (AI) search company is serving over 100 million queries per week. “Perplexity now...

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Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
October 24, 2024  |  artificial intelligence

In a flurry of funding announcements, Infinitus Systems secured $51.5 million to automate healthcare calls, TollBit raised $24 million to help publishers monetize artificial intelligence...

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Optiwise.ai Offers Olivia: AI Optimization Solution for Walmart Sellers
Optiwise.ai Offers Olivia: AI Optimization Solution for Walmart Sellers
October 22, 2024  |  Walmart

Optiwise.ai, a leading optimization solution provider for Walmart sellers, has secured $2.4 million in seed funding and launched a new AI-powered personal assistant called Olivia...

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In Connected Economy, SEEN Taps Digital Channels for Skin-Healthy Haircare
In Connected Economy, SEEN Taps Digital Channels for Skin-Healthy Haircare
October 22, 2024  |  Retail

In a world where first impressions are often shaped by digital interactions, SEEN is redefining what it means to be “seen” in the beauty industry....

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SandboxAQ Reportedly Seeks $5 Billion Valuation for AI Startup
SandboxAQ Reportedly Seeks $5 Billion Valuation for AI Startup
October 18, 2024  |  Investments

Artificial intelligence startup SandboxAQ is reportedly plotting a fundraise that would value the company at $5 billion. The company, which spun off from Google parent...

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