Investments

Investments
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
February 06, 2024

Core banking platform Tuum has raised $26 million to expand to new parts of Europe. The Estonian company’s Series B funding round, announced Tuesday (Feb. 6), will allow the company to target new territories in central and southern Europe and the Middle East, enhance its direct sales and...

Investments
Finally Raises $10 Million to Expand Small Business Automation Solutions
February 06, 2024

FinTech startup Finally has raised $10 million in new funding to fuel its growth and expand its suite of solutions for small- to medium-sized businesses (SMBs). The company specializes in automating accounting and finance functions for SMBs, according to a Tuesday (Feb. 6) press release....

Investments
ProducePay Raises $38 Million to Expand Fresh Produce Industry Platform
February 05, 2024

ProducePay, an AgTech company focused on strengthening the fresh produce supply chain, has raised $38 million in Series D financing. With this capital infusion, the company plans to further develop its technology and services and accelerate its global expansion to Europe, Asia, Africa and Australia,...

Investments
Metronome Raises $43 Million to Expand Usage-Based Billing Platform
January 31, 2024

Metronome has secured $43 million in a Series B funding round to simplify and streamline usage-based billing for Software-as-a-Service (SaaS) companies. The company aims to address the challenges faced by businesses in building and maintaining usage-based and subscription billing infrastructure, Metronome said in a Wednesday (Jan....

Investments
Kore.ai Gets $150 Million to Develop Conversational AI Platform
January 30, 2024

Kore.ai has raised $150 million to develop its conversational/generative artificial intelligence platform technology. The funding round, announced Tuesday (Jan. 30), was led by FTV Capital and included a contribution from chip maker Nvidia. The Orlando, Florida-based company said it will use the funds to expand the use...

Investments
ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
January 30, 2024

Warsaw-based retail startup ZeroQs has reportedly secured 457,000 euros (about $496,000) in funding from Freya Capital. The firm will use the new funding to further develop its smart shopping cart technology and expand its market presence, EU Startups reported Tuesday (Jan. 30). “We plan full-scale implementations in retail chains both...

Investments
Tech Investors Stockpile Record $311 Billion in ‘Dry Powder’
January 30, 2024

Venture capitalists (VCs) reportedly have $311 billion in unspent cash as tech funding cools. VC groups in the U.S. raised a record $435 billion from their investors between 2020 and 2022 and have deployed just half of that amount, the Financial Times (FT) reported Tuesday...

Investments
PayPal Ventures Makes Stablecoin Investment in Mesh
January 29, 2024

PayPal Ventures invested in Mesh, an embedded finance platform for cryptocurrency transfers and payments. The funding was made almost entirely with PayPal USD and marks the first time PayPal Ventures has used PayPal’s in-house stablecoin for an investment, according to a Monday (Jan. 29) press...

Investments
Sema4.ai Secures $30.5 Million to Bring AI to Enterprise Work
January 29, 2024

Artificial intelligence (AI) company Sema4.ai has secured $30.5 million in funding to bring open source-powered AI to enterprise work.  The company aims to redefine the future of knowledge work by developing intelligent agents that transform how knowledge workers collaborate with AI, Sema4.ai said in a Monday (Jan....