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: Anthropic Plans $750 Million Fundraise With Menlo Ventures
Report: Anthropic Plans $750 Million Fundraise With Menlo Ventures
December 21, 2023  |  Investments

Anthropic is reportedly in talks to raise $750 million with the help of Menlo Ventures. The artificial intelligence startup’s valuation before this round is $18.4...

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Claim Debuts Rewards-Based Social Network With $4 Million in Funding
Claim Debuts Rewards-Based Social Network With $4 Million in Funding
December 20, 2023  |  Investments

Rewards-based social network Claim has emerged from stealth with $4 million in new funding. The company announced the seed round on its blog Wednesday (Dec. 20), as well as...

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Carlyle and Insight Partners Invest in Supply Chain Firm Exiger
Carlyle and Insight Partners Invest in Supply Chain Firm Exiger
December 19, 2023  |  Investments

Funds managed by global investment firm Carlyle and global software investor Insight Partners have entered into a definitive agreement to provide majority investment in Exiger,...

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BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
December 18, 2023  |  Buy Now Pay Later

Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a...

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Revo Capital Launches $100 Million Effort for Turkish AI Firms
Revo Capital Launches $100 Million Effort for Turkish AI Firms
December 18, 2023  |  Investments

Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing...

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Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
December 15, 2023  |  Investments

London-based startup Qogita has reportedly secured 80 million euros ($87.3 million) in a Series B round for its wholesale procurement platform for small- to medium-sized businesses...

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Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023  |  Investments

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI),...

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Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
December 15, 2023  |  Investments

Shelpful has raised a $3 million seed investment to continue adding features and partnerships to its solution that helps people build lasting habits around health, happiness...

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Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
December 14, 2023  |  Investments

Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. The Italian company makes software designed to help hosts boost...

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