fundraising

TymeBank Raising $150 Million as It Prepares for IPO
TymeBank Raising $150 Million as It Prepares for IPO
June 12, 2024  |  IPO

The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with...

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Ramp Valued at $7.6 Billion Following Series D Round
Ramp Valued at $7.6 Billion Following Series D Round
April 18, 2024  |  B2B Payments

Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April 18) announced it had reached that valuation as it wound down...

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Basemark Raises $23 Million For Augmented Reality Automotive Software
Basemark Raises $23 Million For Augmented Reality Automotive Software
April 09, 2024  |  Investments

Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that...

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Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump
Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump
March 10, 2024  |  Cybersecurity

Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The...

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Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
February 06, 2024  |  Investments

Core banking platform Tuum has raised $26 million to expand to new parts of Europe. The Estonian company’s Series B funding round, announced Tuesday (Feb. 6), will allow...

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Musk: Reports of xAI’s $20 Billion Valuation Target Not Accurate
Musk: Reports of xAI’s $20 Billion Valuation Target Not Accurate
January 21, 2024  |  artificial intelligence

Elon Musk is dismissing reports that his AI company has raised $500 million. “This is simply not accurate,” Musk wrote on his social media platform...

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Quantum Computing Firm Quantinuum Valued at $5 Billion 
Quantum Computing Firm Quantinuum Valued at $5 Billion 
January 16, 2024  |  artificial intelligence

Quantum computer firm Quantinuum has been valued at $5 billion following a $300 million fundraising round. The round, which included participation by JPMorgan, will help Quantinuum develop “the...

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OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn
OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn
January 07, 2024  |  Investments

Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan....

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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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