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

Legal Tech Firm Robin AI Raises $26 Million 
Legal Tech Firm Robin AI Raises $26 Million 
January 03, 2024  |  Investments

Robin AI raised $26 million amid the legal profession’s continued embrace of artificial intelligence. The London and New York-based company announced the Series B funding...

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Report: Israeli Tech Funding Dips Amid War but Investors Remain Committed
Report: Israeli Tech Funding Dips Amid War but Investors Remain Committed
December 28, 2023  |  Investments

Israel’s conflict with Hamas hasn’t scared off investors. Israeli tech companies raised $1.5 billion during the fourth quarter, Reuters reported Thursday (Dec. 28), citing data...

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Report: Anthropic 2024 Revenue Could Approach $1 Billion
Report: Anthropic 2024 Revenue Could Approach $1 Billion
December 27, 2023  |  artificial intelligence

Artificial intelligence startup Anthropic has reportedly forecast revenues of more than $850 million next year. That’s according to a report Tuesday (Dec. 26) by The Information, citing...

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Ola Electric Mobility Aims to Raise $661 Million in IPO
Ola Electric Mobility Aims to Raise $661 Million in IPO
December 22, 2023  |  IPO

Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its...

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War Slows Funding for Tech Startups in Israel
War Slows Funding for Tech Startups in Israel
December 22, 2023  |  Investments

U.S. investors are showing support for Israeli technology firms during the war between Israel and Hamas. The high-tech sector in Israel, which is the world’s...

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This Week in AI: Standard Setting, Voice Interfaces and the Law
This Week in AI: Standard Setting, Voice Interfaces and the Law
December 22, 2023  |  Artificial Intelligence

This year was generative artificial intelligence’s big coming-out party. And this week served as a highlight reel. PYMNTS has covered how the novel technology has...

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Indian Cloud Kitchen Firm Kitchens@ Raises $65 Million
Indian Cloud Kitchen Firm Kitchens@ Raises $65 Million
December 22, 2023  |  Investments

Indian cloud kitchen firm Kitchens@ has secured $65 million in Series C funding from London-based emerging growth investment firm Finnest. The company will use the...

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Warehouse Automation Firm GreyOrange Raises $135 Million 
Warehouse Automation Firm GreyOrange Raises $135 Million 
December 21, 2023  |  Investments

Artificial intelligence-driven automation company GreyOrange raised $135 million in a Series D funding round. The capital will support further adoption of GreyOrange’s fulfillment orchestration platform...

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Cart.com Raises $30 Million to Scale Commerce Platform
Cart.com Raises $30 Million to Scale Commerce Platform
December 21, 2023  |  Investments

Commerce and logistics solutions provider Cart.com has received $30 million in financing from Trinity Capital. The growth capital will let Cart.com scale its operations and bolster its balance...

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