OpenAI is reportedly close to finalizing what would be the largest funding round of all time. That $40 billion round is being led by Japanese conglomerate SoftBank, with other venture capital groups in talks to participate, Bloomberg News reported Wednesday (March 26), citing sources familiar with the matter. The...
Robinhood has launched a wealth management service targeting its less-wealthy clients. The financial services company on Thursday (March 27) unveiled “Robinhood Strategies,” a wealth management service for its premium “Gold” customers. The service comes with a 0.25% annual fee, capped at $250. The company is...
Tabit Insurance has announced the capitalization of its $40 million insurance facility. The fundraise, announced Monday (March 24), was provided entirely in bitcoin, which Tabit says is an industry first. “The company’s regulators and auditors can verify the funding in real time, marking a distinctive...
Paris-based wealth management FinTech RockFi has raised $19 million in new funding. The company says its Series A round, announced Monday (March 24), will help it pursue its goal of having $1 billion in assets under management by the end of next year. RockFi also plans to recruit 60...
GrubMarket has raised $50 million in a Series G funding round to accelerate the growth of its business and its artificial intelligence (AI) software and extend the reach of its B2B software solutions for the food supply chain industry. The company will increase its investment in...
BuildOps has raised $127 million in a Series C funding round to accelerate the deployment of artificial intelligence (AI) technology in its business platform for commercial contractors. The round makes the company a unicorn, with a valuation of $1 billion, and cements its position in...
Rerun has secured $17 million in seed funding as it works to build out its database and cloud data platform purpose-built for the physical artificial intelligence (AI) data and workflows needed for robotics, autonomous vehicles, drones and spatial computing devices. The database is designed to...
Pricing and revenue optimization firm Buynomics has raised $30 million in new funding. The German company said its Series B round, announced Thursday (March 20), will help it expand into new markets — with a focus on North America — and enhance its “Virtual Shoppers”...
Embedded finance platform NymCard has raised $33 million to extend its MENA region presence. The company’s Series B round, announced Wednesday (March 19), was led by QED Investors, and marks that group’s biggest investment in the MENA (Middle East and North Africa) region. NymCard says the funding will help...
