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

Iron Sheepdog Raises $10 Million to Bring AI to Short-Haul Trucking
Iron Sheepdog Raises $10 Million to Bring AI to Short-Haul Trucking
March 25, 2024  |  Investments

Iron Sheepdog has raised $10 million to expand its broker/contractor-focused trucking technology solution. “At its core, Iron Sheepdog is a tool that helps the broker as a small...

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This Week in AI: Human-Like Reasoning, Robots and Open Source
This Week in AI: Human-Like Reasoning, Robots and Open Source
March 22, 2024  |  Artificial Intelligence

This week in artificial intelligence (AI) news, a new technique, “Quiet-STaR,” teaches AI to think and chat more like humans by considering various ideas before...

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Content Monetization and Investments Define Entertainment’s Digital Transformation
Content Monetization and Investments Define Entertainment’s Digital Transformation
March 22, 2024  |  Ecosystems

As with other industries navigating digital transformation, the entertainment commerce landscape is undergoing a significant evolution. From streaming platforms transforming how people consume media to...

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Pandion Raises $41.5 Million to Expand Residential Parcel Delivery Network
Pandion Raises $41.5 Million to Expand Residential Parcel Delivery Network
March 21, 2024  |  Investments

Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. The company will use...

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Cohere Targets $5 Billion Valuation for ChatGPT Rival
Cohere Targets $5 Billion Valuation for ChatGPT Rival
March 21, 2024  |  artificial intelligence

Canadian artificial intelligence (AI) startup Cohere is reportedly in advanced discussions to raise $500 million. That funding would value the company — which makes foundation models to...

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Boulevard Launches Flexible Funding Offering for Salons and Spas
Boulevard Launches Flexible Funding Offering for Salons and Spas
March 20, 2024  |  Loans

Boulevard has added a new capital program to its client experience platform for self-care businesses like salons, barber shops, spas and med spas. The new...

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PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
March 20, 2024  |  Investments

NX Technologies raised 22 million euros (about $24 million) in a Series B funding round led by PayPal Ventures. The company will use the capital to strengthen...

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Marco Raises $12 Million to Support LatAm Trade Finance
Marco Raises $12 Million to Support LatAm Trade Finance
March 19, 2024  |  Investments

Miami-based trade finance platform Marco has raised $12 million in a Series A round. The funding will help support the company’s mission of helping small and medium-sized...

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Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
March 19, 2024  |  Investments

Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder,...

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