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

Craigslist Founder Craig Newmark Says US ‘Under Attack’ From Hackers
Craigslist Founder Craig Newmark Says US ‘Under Attack’ From Hackers
September 18, 2024  |  Cybersecurity

Saying the United States is “under attack,” Craigslist founder Craig Newmark reportedly made a $100 million cybersecurity pledge. Newmark said the country is at risk...

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Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
September 18, 2024  |  Loans

For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. The global syndicated loan market, a $7 trillion-plus industry where...

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AI in Gaming: Kinetix Launches Fund for User Content as Cloud Deal is Inked
AI in Gaming: Kinetix Launches Fund for User Content as Cloud Deal is Inked
September 17, 2024  |  artificial intelligence

From boosting cloud gaming performance to enabling player-created content and lifelike characters, artificial intelligence (AI) opens up fresh possibilities for developers and gamers alike. AI...

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VC Firm Patron Raises $100 Million For Consumer Startups
VC Firm Patron Raises $100 Million For Consumer Startups
September 17, 2024  |  Investments

Early-stage venture capital firm Patron says its second fund has raised $100 million. The fund, announced Tuesday (Sept. 17), included investors such as Andreessen Horowitz Co-founder Marc Andreessen and General Partner Chris Dixon....

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Loop Raises $4.7 Million for Small Business Money Movement Service
Loop Raises $4.7 Million for Small Business Money Movement Service
September 17, 2024  |  Investments

Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million...

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World Labs Raises $230 Million to Build Spatially Intelligent AI
World Labs Raises $230 Million to Build Spatially Intelligent AI
September 13, 2024  |  Investments

World Labs, a newly formed company, said Friday (Sept. 13) that it has raised $230 million to build large world models (LWMs) that “perceive, generate...

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Nirvana Raises $24.2 Million to Expand Health Insurance Verification Platform
Nirvana Raises $24.2 Million to Expand Health Insurance Verification Platform
September 13, 2024  |  Investments

Nirvana has raised $24.2 million in a Series A funding round to add more specialties to its platform that provides insurance verification and cost estimates...

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This Week in B2B: Embracing Automation, Digitizing Payments, Unlocking Value
This Week in B2B: Embracing Automation, Digitizing Payments, Unlocking Value
September 12, 2024  |  B2B Payments

Digital transformation is a one-way street and a two-way journey — particularly within B2B. Embracing innovation is a one-way exercise in that businesses that realize...

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Illuma Labs Raises $9 Million for Bank Voice Verification
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024  |  Investments

Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact...

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