Uber is reportedly considering joining other investors in a funding round for Moove, an African vehicle financing startup. The funding round could total between $75 million and $100 million and lift Moove’s value from its current $650 million to about $750 million, Bloomberg reported Friday...
Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts. Existing investors including Blue Cloud Ventures, FirstMark Capital, Spring Capital and 3L participated in the round, Crisp said in a Thursday (Feb. 22) news release announcing the funding....
Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution. The Montreal-based company announced the $7.7 million ($10.5 million CAD) Series A funding round Thursday (Feb. 22), saying it would use the funding to scale its growth in the U.S. and expand its payment offerings,...
Nvidia, the dominant player in the artificial intelligence (AI) chip market, has surged to a market value of $2 trillion, making it the third most valuable company in the U.S. The stock jumped 15% Thursday (Feb. 22) to a record high of $780.85, adding about...
Spektr came out of stealth and announced it raised 5 million euros (about $5.4 million) in a seed round. The company offers advanced automation for compliance teams worldwide and can “turn ongoing due diligence into a revenue-generating asset for compliance,” according to a Wednesday (Feb....
Simetrik, a B2B financial automation platform founded in Colombia in 2019, raised $55 million in a Series B funding round. The new capital will help strengthen the company’s position in the evolving financial sector and expand its global reach, Alejandro Casas, the company’s co-founder and...
Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. The platform increases provider productivity by streamlining in-person and virtual visits with tools like conversational artificial intelligence, according to a Wednesday (Feb. 21)...
Recogni, an artificial intelligence (AI)-based computing firm, has closed a Series C funding round, securing $102 million. The funding will be used to drive the development of next-generation systems for AI inference solutions that aim to significantly boost performance and power efficiency while offering the...
Embedded finance workflows startup Monite added $6 million to its seed funding, bringing its total to $16 million. The firm will use the new funding to further enhance its standing in the European market and expand in the United States, Monite said in a Monday...
