PayShepherd has raised $7 million in a seed funding round for its vendor relationship management platform designed for heavy industry firms. “This new funding will accelerate the execution of our mission: protecting mission-critical relationships between industrial operators and their vendors and enabling our clients to...
Zama, a specialist in the field of cryptography, has secured $73 million in a Series A funding round to grow its Fully Homomorphic Encryption (FHE) solution. The company will use the new funding to advance its research, extend its runway and champion its partners who...
New York Community Bancorp (NYCB) announced a $1 billion equity investment and several leadership changes. The new investment comes from several sources, the lender said in a Wednesday (March 6) press release. Liberty Strategic Capital is expected to invest $450 million, Hudson Bay Capital will invest $250 million and Reverence Capital...
Cryptocurrency payments company Baanx has reportedly raised $20 million. The firm will use the Series A funding to help it introduce its services in the U.S. and Latin America, Chief Commercial Officer Simon Jones told Coindesk Tuesday (March 5). “Over the past 12 months, we have been building...
Coverdash has raised $13.5 million in Series A funding to expand its embedded insurance offering. The company will use the new funding to expand its embedded partner network, grow its internal team and broaden its insurance carrier panel, Coverdash said in a Wednesday (Feb. 28)...
Backpack, a cryptocurrency exchange led by former FTX and Alameda Research employees, raised $17 million. The Series A funding round values Backpack — whose offerings also include a crypto wallet and NFT collection — at $120 million, Bloomberg reported Wednesday (Feb. 28). Members of the...
Artificial intelligence startup Glean said it entered unicorn territory. The company raised more than $200 million from investors that include Citigroup, Capital One Ventures, Databricks and Sequoia, valuing the firm at $2.2 billion, according to a Tuesday (Feb. 27) blog post. “Our investors join us...
Embat, a FinTech company based in Madrid, Spain, has raised 14.7 million euros ($15.96 million) in a Series A round. The company plans to use the funding to grow its international presence, according to a Tuesday (Feb. 27) report from EU Startups. The round was led by...
NLX has raised $12 million in Series A funding to grow and develop its artificial intelligence (AI) platform for managing chat, voice and multimodal conversational applications. With its platform, brands can create, manage, deploy and analyze these applications; manage conversational deployments across their enterprise; and...
