Safebooks has emerged from stealth and announced it raised $15 million in seed funding for its intelligent automation layer for quote-to-revenue finance operations. The Agentic Revenue Integrity (ARI) layer provides continuous monitoring, reconciliation and artificial intelligence-powered automation, eliminating the need for manual reviews, reconciliations and...
Italian robotics firm Generative Bionics has raised $81 million in new funding. The new funding round was one of the largest ever in Europe in the “humanoid robotics deep tech space,” Generative Bionics said in a Monday (Dec. 8) announcement. “Our mission is to build a future where...
Payments FinTech Airwallex has been valued at $8 billion after raising $330 million. The new funding, announced Monday (Dec. 8), will help finance the company’s ongoing growth in the U.S. and fuel expanded artificial intelligence (AI) hiring and product development. Airwallex, based in Australia, says...
Middle-market business-focused finance platform Flex raised $60 million in Series B funding. Flex’s annualized total payments volume has grown from $1 billion to $3 billion this year, according to a Thursday (Dec. 4) press release. “Traditional FinTech platforms have focused either on micro-businesses or sophisticated...
Anthropic is taking early-but-consequential steps toward a potential IPO that could arrive as soon as 2026. It’s a timeline that, if it holds, would put one of the most important generative AI vendors used across financial services onto public-market footing ahead of rival OpenAI. For...
Tutor Intelligence, which makes AI-powered robots for warehouse work, has raised $34 million in new funding. The company will use the new capital to speed commercialization of its robots, scale its consumer packaged goods (CPG) fleet and advance its central robot intelligence platform and research...
Business payments company Sokin has raised $50 million in a new funding round. The Series B round brings Sokin’s valuation to $300 million, and will help accelerate the company’s expansion, bolster its financial infrastructure and enhance its product capability, according to a Monday (Dec. 1) news release....
Tech investor Carles Reina has launched a fund focusing on artificial intelligence, robotics and defense. The $15 million Baobab Ventures fund will focus on pre-seed and seed technical teams and has already closed seven deals, Reina wrote in a LinkedIn post Wednesday (Nov. 26). “The thesis for Baobab is simple: Building...
South Korean cryptocurrency exchange Upbit is reportedly considering launching an initial public offering on Nasdaq once it completes a merger with South Korean internet firm Naver. CoinDesk reported these plans Monday (Nov. 24), citing multiple media reports. Upbit did not immediately reply to PYMNTS’ request...