Hive AI, a San Francisco-based software company that uses artificial intelligence (AI) to moderate digital content, is reportedly working to raise $200 million in a funding round, with a valuation of up to $4 billion. The funding round comes two years after Hive was valued...
Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of a potential initial public offering (IPO). This is being done to realign its capital structure,...
Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. The funding will provide the brand the opportunity to further advance its mission of leveraging innovation to drive customer satisfaction and growth, Inspirato said in a Tuesday...
Novo has launched a new offering to help small businesses access working capital. The company has also secured a $125 million facility from Victory Park Capital (VPC) to provide working capital via the new offering, which is called Novo Funding, Novo said in a Tuesday...
Picture an entrepreneur pitching their business to a panel of investors to convince them that their idea is worth funding. That’s the concept of the popular TV series “Shark Tank,” which Columbia Business School professor and 37 Angels founder Angela Lee says has contributed to the rapid surge...
Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes within tech investing, Sequoia cut the size of its cryptocurrency fund to $200 million from its original $585 million, as...
GlossGenius has secured $28 million in Series C funding to continue building its platform for small business owners in the beauty and wellness industry. This is the second up-round for GlossGenius in the last 12 months and it brings the company’s total funding to date to...
Earned wage access company Immediate has closed a $16 million funding round to accelerate its trajectory in the workplace financial health sector. The funds, which include both growth equity and a working capital facility, will enable Immediate to better serve employees who are facing unexpected expenses and...
Business travel platform BizAway has received 10 million euros (about $11 million) of new medium-term funding to help propel its growth. BizAway will use the new capital from illimity’s Growth Credit division to further the development of its technology-driven business model, the company said in a July 17 press...
