Investments

Investments
Physical Intelligence Raises $400 Million to Develop Robot Software
November 04, 2024

Robotics startup Physical Intelligence has reportedly raised $400 million in early-stage funding. The funding round, which included participation from Amazon founder Jeff Bezos and OpenAI, values the company at $2 billion, Reuters reported Monday (Nov. 4), citing PitchBook data. According to the report, Physical Intelligence aims to develop software...

Investments
Melio to Grow AP/AR Platform With $150 Million Fundraise
November 01, 2024

Melio raised $150 million in a Series E funding round to fuel the growth of its accounts payable (AP) and accounts receivable (AR) platform by expanding its B2B partnerships. The company has seen its revenue increase tenfold over the past three years, driven by an...

Investments
Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
October 30, 2024

Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the year, targeting a $6 billion valuation, Bloomberg reported Wednesday (Oct. 30), citing unnamed sources. “As a rapidly scaling company, we...

Investments
UK’s CybaVerse Raises $1.4 Million to Expand Cybersecurity Team
October 29, 2024

U.K. cybersecurity firm CybaVerse is expanding its team after raising $1.4 million. The company announced the fundraise on its website Monday (Oct. 28), saying it would use the capital to speed the development of its platform and expand its team. It has already appointed three...

Investments
Capital One and USAA Invest in Security Firm Tidal Cyber
October 28, 2024

Security firm Tidal Cyber says it has landed investments from Capital One and USAA. The investments will help enhance the company’s enterprise edition platform and fuel the adoption of Tidal’s “threat-informed defense” offering, according to a Monday (Oct. 28) news release. In addition the investments will help accelerate Tidal’s go-to-market...

Investments
Visa-Backed Osigu Raises $25 Million for Healthcare Platform
October 25, 2024

Osigu has announced the first closing of its $25 million Series B funding round, saying it will use the funding to grow its healthcare revenue cycle and claims management platform in Latin America and the Caribbean. The platform uses artificial intelligence (AI) and real-time payments...

Investments
Waymo and WeRide Raise Funds for Continued Autonomous Vehicle Development
October 25, 2024

Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its initial public offering (IPO) and Pony AI filed for an IPO on Nasdaq, according to press releases and report. Waymo...

Investments
Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
October 21, 2024

Procurement startup Zip secured $190 million in Series D funding, increasing its valuation to $2.2 billion (up from $1.5 billion in 2023). The investment is one of the largest in procurement technology in more than 20 years, according to a Monday (Oct. 21) press release....

Investments
SandboxAQ Reportedly Seeks $5 Billion Valuation for AI Startup
October 18, 2024

Artificial intelligence startup SandboxAQ is reportedly plotting a fundraise that would value the company at $5 billion. The company, which spun off from Google parent company Alphabet, is in talks with possible investors about the equity funding round, Bloomberg reported Friday (Oct. 18), citing unnamed...