funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Light Raises $13 Million to Scale AI-Powered General Ledger
Light Raises $13 Million to Scale AI-Powered General Ledger
June 12, 2024  |  Investments

Light has come out of stealth and announced a $13 million financing round to scale its artificial intelligence (AI)-powered general ledger for multinational companies. With...

READ MORE >
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024  |  Artificial Intelligence

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6...

READ MORE >
TymeBank Raising $150 Million as It Prepares for IPO
TymeBank Raising $150 Million as It Prepares for IPO
June 12, 2024  |  IPO

The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with...

READ MORE >
Hawk Adds New Funding Amid Demand for AI-Powered Crime Fighting
Hawk Adds New Funding Amid Demand for AI-Powered Crime Fighting
June 11, 2024  |  Investments

Hawk is raising funds to support increasing demand for artificial intelligence (AI)-powered anti-financial crime technology. The company on Tuesday (June 11) announced the extension of its Series B...

READ MORE >
Mistral Raises $640 Million to ‘Push the Frontier of AI’
Mistral Raises $640 Million to ‘Push the Frontier of AI’
June 11, 2024  |  Investments

French artificial intelligence startup Mistral AI reportedly raised 600 million euros (about $640 million) in a Series B funding round. The fundraise values the startup...

READ MORE >
Italian AI Startup iGenius Aims to Raise $698 Million
Italian AI Startup iGenius Aims to Raise $698 Million
June 10, 2024  |  artificial intelligence

Italian artificial intelligence (AI) startup iGenius reportedly aims to raise 650 million euros ($698 million). This would give the startup a post-money valuation of 1.7...

READ MORE >
Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
June 10, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra is set to testify on Capitol Hill this week. He is scheduled to appear before the Senate Banking...

READ MORE >
Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
June 07, 2024  |  Investments

Seven AI raised $36 million in its initial round of funding to support its mission of arming companies with artificial intelligence-powered cybersecurity solutions. “With attackers...

READ MORE >
AI Agents Attract Funding, Aim to Transform Industries
AI Agents Attract Funding, Aim to Transform Industries
June 07, 2024  |  Artificial Intelligence

Artificial intelligence agents have reportedly caught the attention of tech investors, leading to a surge in funding for startups focused on building them. The interest...

READ MORE >