Investments

Investments
Mews Raises $100 Million for Hospitality Tech Offering
September 26, 2024

Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion global travel and tourism sector, Mews said in a news release on Thursday (Sept. 26)....

Investments
Desia Raises $3.3 Million to Expand AI Applications for Investment Professionals
September 24, 2024

Desia has raised $3.3 million in pre-seed funding to fund the development and growth of its artificial intelligence (AI) applications for productivity, automation and analytics in the financial investment industry. The company’s product employs AI to help investment professionals use data and information in an...

Investments
Torq Raises $70 Million to Expand AI-First Cybersecurity Hyperautomation Solutions
September 24, 2024

Torq has raised $70 million in a Series C funding round to expand its artificial intelligence (AI)-first cybersecurity hyperautomation solutions. The company will use the new funding to add generative AI enhancements, hire additional talent and accelerate its expansion across the Europe, Middle East and...

Investments
LiveFlow Raises $13.5 Million for New Accounting Automation Products
September 24, 2024

Finance and accounting automation platform LiveFlow raised $13.5 million. The Series A round will help the company fund the launch of LiveFlow Next, a new line of reporting and analysis products, as it expands its go-to-market team and invests in research and development, according to...

Investments
Phacet Raises $4 Million to Bring AI Tools to Small Businesses
September 23, 2024

Artificial intelligence (AI) startup Phacet has reportedly raised $4.4 million for its small business-based solutions. The seed funding round comes as the Paris-based company is working to extend its AI applications for small and medium-sized enterprises (SMEs) across a range of sectors, including eCommerce, industry and finance,...

Investments
Jump Raises $12.2 Million to Grow Platform for French Freelancers
September 23, 2024

Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French CDI employment contracts, social protection, company health insurance and savings plans, Breega, which led the...

Investments
Report: Apollo Global Management Offers $5 Billion Investment in Intel
September 23, 2024

Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23), citing unnamed sources. The size of the potential investment could change, or the talks could come to nothing, according to...

Investments
PayPal Increases Investment in Blockchain Risk Management Firm Chaos Labs
September 20, 2024

PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept. 20) press release announcing the move did not report the amount of the investment. “Our continued investment in Chaos Labs reflects our belief in their vision...

Investments
Capmont Launches $111 Million Fund for B2B Tech Startups
September 19, 2024

Munich-based venture capital (VC) firm Capmont Technology has reportedly launched a $111 million fund. The company, which has raised $334 million since its founding in 2016, focuses on B2B tech startups from late seed to the Series B stage, EU Startups reported Thursday (Sept. 19). “Startups operate in a...