Investments

Investments
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI), the ability to identify unique humans is becoming more important.  Altman’s comments came after reports emerged that Worldcoin is seeking...

Investments
Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
December 15, 2023

Shelpful has raised a $3 million seed investment to continue adding features and partnerships to its solution that helps people build lasting habits around health, happiness and self-care.  The Shelpful service offers members an artificial intelligence (AI)-powered productivity assistant, a real-human accountability coach or a combination...

Investments
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
December 14, 2023

Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. The Italian company makes software designed to help hosts boost their revenue via machine learning models. The funding round came from a mix of equity and bank credit lines, EU...

Investments
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United Kingdom.  With this investment, the firm has raised 7.9 million euros ($8.68 million) in 2023 and 12.1 million euros ($13.3...

Investments
Lolli Raises $8 Million to Grow Bitcoin Rewards Program
December 14, 2023

Lolli has raised $8 million to expand its bitcoin/cashback rewards program. Co-founder and CEO Alex Adelman told TechCrunch Thursday (Dec. 14) that the new financing — bringing its total funding to $28 million — will be used to bring the rewards program to partners such as exchanges,...

Investments
Kapital Raises $165 Million to Expand Banking Platform
December 14, 2023

Banking and technology platform Kapital has raised $165 million in new capital. The Mexico City-based company announced the funding — a $40 million Series B equity financing round and $125 million in debt financing — in a news release Thursday (Dec. 14), saying it plans to invest the money...

Investments
Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
December 14, 2023

Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and enhance partnerships with vendors, Bloomberg News reported Thursday (Dec. 14). The Series E round “fully funds our business plan,” said Vaibhav...

Investments
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s creation and two months after its 5 million euro (about $5.4 million) pre-seed round, Pivot said in a Wednesday (Dec....

Investments
Motive Partners Invests $50 Million for Controlling Stake in Splitit
December 12, 2023

Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13) as it also delisted from the Australian Stock Exchange. That delisting had been one of the requirements for Motive to...