Investments

Investments
Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
July 10, 2024

Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies....

Investments
Captions Raises $60 Million for AI-Powered Video Creation Platform
July 09, 2024

Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. The company will use the new funding to grow its machine learning (ML) team and continue investing in its in-house...

Investments
Niva Raises $3.3 Million for AI-Powered Business ID Solution
July 08, 2024

Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. Verifying the identities of small and medium-sized businesses (SMBs) by screening for fraud and meeting local and international know your business (KYB) requirements is a major...

Investments
Hebbia Raises $130 Million for AI-Driven Complex Query Tool
July 08, 2024

New York-based AI startup Hebbia has raised $130 in a new funding round. The company plans to use the funding, announced on its website Monday (July 8), as it continues to refine its tool, which uses artificial intelligence (AI) to search through documents and answer complex queries. The Series...

Investments
Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
July 03, 2024

European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is the second fund from the VC firm that focuses on enterprise technology companies, targets those at the early growth stage,...

Investments
SendBlocks Raises $8.2 Million for Blockchain Data Management
July 03, 2024

Israeli blockchain data management startup SendBlocks has raised $8.2 million in seed funding. The company, which has just emerged from stealth, announced the funding in a news release Wednesday (July 3) that also outlined its platform, which lets blockchain enterprises, ecosystems, protocols and applications “define...

Investments
AI Projects Push Venture Funding to a Two-Year High
July 03, 2024

Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6 billion, Reuters reported Wednesday (July 3), citing data from PitchBook.  That figure marks a 47% increase over the $37.8 billion...

Investments
KarmaCheck Raises $45 Million for Background Check, Credentialing Platform
June 27, 2024

KarmaCheck has raised $45 million in a Series B funding round to accelerate the development of its technology-based solution for background checks, credentialing and compliance. The company will also scale its service levels and expand into new industry verticals, KarmaCheck said in a Thursday (June...

Investments
Dust Raises $16 Million to Help Companies Deploy AI Assistants
June 27, 2024

Generative artificial intelligence (AI) firm Dust has raised $16 million in additional funding to expand its platform that helps companies deploy AI assistants for internal use cases. The firm will use the new funding, which was led by Sequoia Capital, to add to its team...