DeepL has raised $300 million to continue growing its artificial intelligence (AI)-powered platform that provides translations and writing assistance for businesses. The funding round was led by Index Ventures and valued the company at $2 billion, DeepL said in a Wednesday (May 22) press release. DeepL’s Language AI platform solves...
Loop, a transportation logistics startup, has secured $35 million in a Series B funding round to grow its modern audit and payment platform for the supply chain. The company will use the new funding to continue building its solutions for the “next-gen supply chain,” Loop...
As of the close of trading Friday, the third quarter’s in the books. And in just a few weeks, the scoring begins in the form of earnings season, where investors reward, or punish, publicly-traded companies as they update their quarterly results. For the FinTech IPO Index,...
Venture capital firm Index Ventures has raised $3.1 billion toward helping new businesses started during the COVID-19 pandemic, of which there were around 4.4 million in the U.S. alone, a company blog said Thursday (July 22). The release said booms in new businesses also occurred...
December 12, 2018
One in every four consumers in the U.S. has touched this product. Some of them do so when they register their bank account credentials to their Venmo accounts, or set up an investment account with Robinhood, savings account with Acorns or loan repayment details with LendingClub. That product is Plaid — a tech platform that uses application […]
July 10, 2024
Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies. “It’s an incredibly exciting time to invest,” Jan Hammer, a partner at […]
May 22, 2024
DeepL has raised $300 million to continue growing its artificial intelligence (AI)-powered platform that provides translations and writing assistance for businesses. The funding round was led by Index Ventures and valued the company at...
October 03, 2023
Loop, a transportation logistics startup, has secured $35 million in a Series B funding round to grow its modern audit and payment platform for the supply chain. The company will...
July 22, 2021
Venture capital firm Index Ventures has raised $3.1 billion toward helping new businesses started during the COVID-19 pandemic, of which there were around 4.4 million in the U.S. alone, a...