A next-generation artificial intelligence (AI) chip startup called Luminous has raised $9 million in a seed funding round and attracted investors like Microsoft Co-Founder Bill Gates, Uber CEO Dara Khosrowshahi and Uber Co-Founder Travis Kalanick, according to a report by CNBC. The investment illustrates that...
Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release, Biz2Credit said the Series B funding round was led...
PetSmart wants to take Chewy.com, its wildly successful online venture, public at a valuation of $7 billion, according to a report by Bloomberg. The company has recently had some trouble with PetSmart’s creditors and private equity investors after a portion of the Chewy unit was...
Fluree, a database management startup based in North Carolina, has raised $4.7 million in a funding round to develop blockchain and integrate it into its database technology, according to a report. The funding round was led by 4490 Ventures. Also participating in the round was...
WorldRemit, the mobile payments company, announced Monday (June 3) that it raised $175 million in venture funding. In a press release, WorldRemit said the Series D round of funding was led by TCV, Accel and Leapfrog Investments, who are returning investors. The company, which was...
Groupon Co-founder Eric Lefkofsky’s new company has raised another $200 million in funding. Tempus announced the new financing at a value of $3.1 billion. Founded in 2015, the company has raised $520 million in funding so far. The investors in this round included Baillie Gifford,...
SoftBank’s attempt to raise money for a second large investment fund is running into trouble, with some of the biggest money managers in the world showing little interest. The Wall Street Journal, citing people familiar with the matter, reported that SoftBank has made initial overtures...
A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according to a report. The app will connect with the loan provider and a person’s bank, and can then communicate with...
Credential and digital identity management solution company Dashlane announced Thursday (May 30) it raised $110 million in funding and appointed Joy Howard as chief marketing officer. In a press release, Dashlane said the Series D funding round was led by Sequoia Capital, with Jim Goetz...
