Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that help automotive original equipment manufacturers (OEMs) to develop AR applications for their cars via its Rocksolid AR software development tools. The...
India-based “hyperlocal marketing-to-commerce” firm SingleInterface raised $40 million in new funding. The funding round was led by Asia Partners, with participation by PayPal Ventures, according to a Thursday (April 4) press release. Founded by entrepreneurs Tarun Sobhani and Harish Bahl, the company works with brands in India, Southeast Asia and the Middle East to...
FinTech infrastructure firm Brim Financial has raised $85 million in a Series C funding round. “This funding will accelerate Brim’s growth and fuel our international expansion,” Rasha Katabi, CEO and founder of Brim Financial, said in a news release Wednesday (April 3). She added that the funding will help Brim...
Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps clients fund their loan books with more speed and flexibility than working with banks or credit funds, the Swedish company...
Last year was the worst year for venture capital funding since 2016. So far, 2024 isn’t shaping up to be much better. Venture firms raised $30.4 billion from foundations, university endowments and other institutional investors in the first quarter of the year, a decline from 2023,...
Datavolo has raised $21 million to continue helping customers build scalable and secure multimodal data pipelines for artificial intelligence (AI). The company will use the new capital to harness Apache NiFi, which was created at the National Security Agency (NSA) to handle secure pipelines of...
Legal document-focused artificial intelligence (AI) firm Luminance has raised $40 million. The Series B funding round, announced Tuesday (April 2), will help Luminance strengthen its foothold in the U.S., which accounts for a third of its revenue, the British company said in a news release. “Luminance’s specialist legal...
Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used to scale operations as Gather AI tries to grow its customer base by solving supply chain issues with richer data...
Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of $1.25 billion that Amazon made in September and completes the commitment the company promised at that time to invest up...
