CyberVadis has raised 7 million euros (about $7.5 million) to grow its Third Party Cyber Risk Management platform. “Breaking news! We have raised €7M in Series A funding to scale our #thirdpartyriskmanagement program and truly secure organizations’ global supply chains,” CyberVadis said in a Tuesday...
London’s Builder.ai has raised $250 million to expand its artificial intelligence (AI)-powered software platform. The Series D funding round was led by the Qatar Investment Authority and will allow the company to invest in talent, partnerships and technology, according to a Tuesday (May 23) press release. Builder.ai said in the release...
FinTech-focused venture capital firm QED Investors has closed two funds worth $925 million. The funds, announced Tuesday (May 23), consist of an early stage fund worth $650 million and a $275 million early growth-stage fund. This brings the total funds under management by QED to...
Private equity operations are reportedly gloomy about their portfolio companies regaining their high valuations. That’s according to an analysis published Tuesday (May 23) by the Financial Times (FT), which finds these firms are increasingly selling shares in those companies at a discounted rate compared to...
Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May 19). Sabi acknowledged the report by retweeting a tweet by Lexi Novitske, general partner at growth-stage investor Norrsken22, that said, “Well, I guess the news is out.” Well,...
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017 — Bloomberg News reported Wednesday (May 17), citing PitchBook data, which also shows that VCs...
Smart has raised $95 million in Series E funding to grow its retirement savings technology platform. The London-headquartered FinTech aims to continue to expand globally and build on its strong performance in Europe, the United States, the Middle East and Asia with its Keystone platform that...
Payables automation platform Tipalti has raised $150 million with the help of JPMorgan Chase. The incremental growth funding round, announced in a Monday (May 15) press release, also included Hercules Capital, and will help Tipalti to further invest in product innovation and supporting its clients....
M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to continue to grow and to improve financial and digital inclusion for underbanked consumers in the region, M-KOPA said in a Monday (May...
