Connected healthcare platform b.well has raised $40 million in a Series C funding round led by Leavitt Equity Partners. “The successful Series C round builds additional momentum around b.well’s mission to solve healthcare’s fragmentation problem,” the company said in a Monday (Feb. 26) news release. Healthcare companies use...
In an effort to boost Spain’s semiconductor and audiovisual industries, the country is set to launch a new state-owned technology investment company with a capital of €20 billion ($22 billion). Digital Transformation Minister Jose Luis Escriva, announced the creation of the Spanish Society for Technological...
SumUp is reportedly looking to raise 1 billion euros ($1.1 billion) from private credit lenders. The U.K. payments company would use the money to refinance existing debt, Bloomberg reported Friday (Feb. 23), citing unnamed sources. SumUp did not immediately reply to PYMNTS’ request for comment. The company’s...
Figure AI, a startup developing human-like robots, is reportedly in the process of raising $675 million in funding, with a pre-money valuation of roughly $2 billion. Among the investors are Jeff Bezos’ Explore Investments, Microsoft, Nvidia and an Amazon-affiliated fund, Bloomberg reported Friday (Feb. 23), citing unnamed sources. Other backers include Intel’s...
When it comes to the venture capital landscape, every year — and strategy — is different. Nearly no other investor segment deals with more reckonings and recalibrations than tech investors — or reaps such sky-high benefits when their big bets pay off. Against the backdrop...
Uber is reportedly considering joining other investors in a funding round for Moove, an African vehicle financing startup. The funding round could total between $75 million and $100 million and lift Moove’s value from its current $650 million to about $750 million, Bloomberg reported Friday...
Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts. Existing investors including Blue Cloud Ventures, FirstMark Capital, Spring Capital and 3L participated in the round, Crisp said in a Thursday (Feb. 22) news release announcing the funding....
Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution. The Montreal-based company announced the $7.7 million ($10.5 million CAD) Series A funding round Thursday (Feb. 22), saying it would use the funding to scale its growth in the U.S. and expand its payment offerings,...
Nvidia, the dominant player in the artificial intelligence (AI) chip market, has surged to a market value of $2 trillion, making it the third most valuable company in the U.S. The stock jumped 15% Thursday (Feb. 22) to a record high of $780.85, adding about...
