SAP has invested in and formed a partnership with artificial intelligence orchestration platform n8n to help enterprises scale agentic AI. The strategic investment that n8n secured from SAP that values n8n at $5.2 billion, which is more than double the previous valuation of $2.5 billion...
Robinhood announced a new venture fund that will raise capital to invest in early-stage and growth-stage private companies. The Robinhood Ventures Fund II (RVII) confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) to begin the process to register a public...
Global issuer-processor Paymentology landed a $175 million private equity investment, according to a Tuesday (May 12) news release provided to PYMNTS. The investment, co-led by Apis Partners and Aspirity Partners, will help finance Paymentology’s expansion, product development and hiring, per the release. “Despite the global...
Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). The company has tapped banking partners as it prepares to list in the U.S. in the second half of the year, Bloomberg News reported Monday (May 11), citing sources familiar with the matter. Bloomberg notes that...
Blockchain developer Digital Asset Holdings is reportedly wrapping a funding round that could value it at $2 billion. The financing is expected to bring in around $300 million, Bloomberg News reported Monday (May 11), citing sources with knowledge of the matter. These sources say the round is being headed...
Uber-backed eMobility company Lime is planning to go public. Lime parent Neutron Holdings filed paperwork with the Securities and Exchange Commission (SEC) Friday (May 8) for its initial public offering (IPO). Sources told the Financial Times (FT) that Lime is hoping to list at a...
San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A funding to automate accounts receivable (AR) and other financial tasks, bringing its total capital raised to $22 million, according to a Thursday (May 7) press release. Led by venture capital firm...
Kalshi completed a $1 billion Series F funding round that values the prediction market platform at $22 billion, according to a Thursday (May 7) company blog post. The new valuation represents a doubling of the New York-based firm’s $11 billion valuation established five months ago....
Robinhood’s first fund designed to expand retail investors’ access to private markets has drawn 150,000 retail investors, Robinhood CEO Vlad Tenev said Tuesday (May 5). Speaking at The Wall Street Journal’s Future of Everything event, Tenev said Robinhood took its Ventures Fund I public as...