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

Report: OpenAI Seeking $150 Billion Valuation in Funding Round
Report: OpenAI Seeking $150 Billion Valuation in Funding Round
September 11, 2024  |  artificial intelligence

OpenAI reportedly aims to raise $6.5 billion from investors at a valuation of $150 billion. The firm also is seeking to raise $5 billion in debt...

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VC Firm Upload Ventures Trades Credit FinTechs for AI Investments
VC Firm Upload Ventures Trades Credit FinTechs for AI Investments
September 11, 2024  |  Investments

Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. That’s according to a Bloomberg News interview Wednesday...

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Paymob Raises $22 Million to Expand in Egypt and GCC Countries
Paymob Raises $22 Million to Expand in Egypt and GCC Countries
September 11, 2024  |  Investments

Financial services enabler Paymob raised another $22 million to expand its offering in its core market of Egypt and its newer markets in Gulf Cooperation...

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French Startup Neat Raises $55 Million for Embedded Insurance Offering
French Startup Neat Raises $55 Million for Embedded Insurance Offering
September 10, 2024  |  Investments

French embedded insurance startup Neat has raised 50 million euros (about $55 million). This total includes about 60% in equity and 40% in debt, TechCrunch reported...

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Glean Raises $260 Million to Expand Work AI Platform
Glean Raises $260 Million to Expand Work AI Platform
September 10, 2024  |  Investments

Glean has raised $260 million in a Series E funding round to accelerate its artificial intelligence (AI) innovation, customer acquisition and global expansion of its...

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Atomico Raises $1.24 Billion to Invest in European Technology Companies
Atomico Raises $1.24 Billion to Invest in European Technology Companies
September 09, 2024  |  Investments

Atomico raised $1.24 billion for two funds to invest in European technology companies. The company’s new $754 million Atomico Growth VI partners with entrepreneurs from...

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Finally Raises $200 Million to Bolster Small Business Finance Suite
Finally Raises $200 Million to Bolster Small Business Finance Suite
September 09, 2024  |  Investments

Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan Capital and $150 million credit...

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Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
September 09, 2024  |  Banking

The Bank of London reportedly said Monday (Sept. 9) that it paid all its taxes after internal miscommunication caused a delay. The bank’s statement followed...

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Mangomint Raises $35 Million and Debuts Spa-Salon Automation Tool
Mangomint Raises $35 Million and Debuts Spa-Salon Automation Tool
September 08, 2024  |  Connected Economy

 Salon/spa software provider Mangomint has raised $35 million in a Series B funding round. The company announced the new financing Friday (Sept. 6), along with...

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