Artificial intelligence-driven automation company GreyOrange raised $135 million in a Series D funding round. The capital will support further adoption of GreyOrange’s fulfillment orchestration platform in warehouses, distribution centers and retail stores, according to a Thursday (Dec. 21) press release. “Not only has GreyOrange automated...
Commerce and logistics solutions provider Cart.com has received $30 million in financing from Trinity Capital. The growth capital will let Cart.com scale its operations and bolster its balance sheet, Trinity said in a news release Thursday (Dec. 21). The new financing follows a $60 million Series C round in June that...
Anthropic is reportedly in talks to raise $750 million with the help of Menlo Ventures. The artificial intelligence startup’s valuation before this round is $18.4 billion, Reuters reported Wednesday (Dec. 20), citing an unnamed source. Anthropic, whose co-founder siblings Dario Amodei and Daniela Amodei are...
Rewards-based social network Claim has emerged from stealth with $4 million in new funding. The company announced the seed round on its blog Wednesday (Dec. 20), as well as plans to roll out its platform across the U.S. in 2024 after being tested with more than 10,000 college students...
Funds managed by global investment firm Carlyle and global software investor Insight Partners have entered into a definitive agreement to provide majority investment in Exiger, a software-as-a-service (SaaS) firm focused on helping corporations, government agencies and banks manage supply chains. With this investment, Exiger will...
Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing Director Cenk Bayrakdar told Bloomberg News in an interview Monday (Dec. 18), with a focus on firms that develop AI and...
Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since Oct. 23, the day it began offering a 1% match on transferred brokerage accounts, the company told...
London-based startup Qogita has reportedly secured 80 million euros ($87.3 million) in a Series B round for its wholesale procurement platform for small- to medium-sized businesses (SMBs). The platform is designed to help retailers source products reliably and at competitive wholesale prices, leveling the playing field...
Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI), the ability to identify unique humans is becoming more important. Altman’s comments came after reports emerged that Worldcoin is seeking...
