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

Report: Crypto-Focused VC Firm Paradigm Working to Raise New Fund
Report: Crypto-Focused VC Firm Paradigm Working to Raise New Fund
April 02, 2024  |  Cryptocurrency

Crypto-focused venture capital (VC) firm Paradigm is reportedly working to raise between $750 million and $850 million for a new fund. The company is currently...

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Social Commerce Platform Flip Raises $144 Million, Adds AI Advertising Engine
Social Commerce Platform Flip Raises $144 Million, Adds AI Advertising Engine
April 02, 2024  |  Social Commerce

Social commerce platform Flip has raised $144 million in a Series C funding round. The firm will also relaunch its marketing platform for brands to incorporate AXON...

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Luminance Raises $40 Million for Legal Industry AI Tools
Luminance Raises $40 Million for Legal Industry AI Tools
April 02, 2024  |  Investments

Legal document-focused artificial intelligence (AI) firm Luminance has raised $40 million. The Series B funding round, announced Tuesday (April 2), will help Luminance strengthen its foothold in the...

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Gather AI Raises $17 Million for AI-Powered Inventory Monitoring
Gather AI Raises $17 Million for AI-Powered Inventory Monitoring
March 27, 2024  |  Investments

Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used...

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Amazon Expands Investment in AI Firm Anthropic to $4 Billion
Amazon Expands Investment in AI Firm Anthropic to $4 Billion
March 27, 2024  |  Investments

Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of...

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PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
March 27, 2024  |  Investments

InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures.  The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its...

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Fieldguide Raises $30 Million to Combat CPA Shortage With AI
Fieldguide Raises $30 Million to Combat CPA Shortage With AI
March 26, 2024  |  Investments

Artificial intelligence (AI) startup Fieldguide has raised $30 million for its accounting industry offering. The Series B funding round, announced Tuesday (March 26), will let the company launch new...

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Bedrock Security Launches Platform to Tackle Cloud and AI Data Risks
Bedrock Security Launches Platform to Tackle Cloud and AI Data Risks
March 26, 2024  |  artificial intelligence

In response to the evolving challenges of cloud computing and the integration of generative artificial intelligence (AI) into business operations, Bedrock Security on Tuesday, (March...

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Goalsetter Raises $9.6 Million to Promote Financial Health
Goalsetter Raises $9.6 Million to Promote Financial Health
March 25, 2024  |  Personal Finance

Savings/financial education platform Goalsetter has raised $9.6 million in new funding. The company’s Series A extension round, announced Monday (March 25) was led by an affiliate of...

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