Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and seed artificial intelligence (AI) startups. The company, which is an AI startup itself, will be an anchor investor in the fund, but outside limited partners will provide most of the...
Auditoria.AI raised $38 million in a Series B funding round to grow its agentic artificial intelligence (AI) for enterprise finance teams. The company will use the new capital to accelerate its growth, develop new products and expand its global market reach, according to a Tuesday...
Cryptocurrency-focused asset manager Bitwise completed a $70 million equity raise. The funding round, led by Electric Capital, will help Bitwise bolster its balance sheet and develop new investment capabilities and investor solutions, according to a Tuesday (Feb. 25) news release. “Following the path charted by...
Thoma Bravo has closed a fund of 1.8 billion euros ($1.89 billion) dedicated to European software deals. The private equity group announced the fund — its first for the region — on Tuesday (Feb. 25), saying it was targeting middle-market software firms across Europe. “Our first dedicated pool...
Before it goes public, the United Kingdom’s Monument Bank is reportedly in talks to raise money. The challenger bank is looking to raise 200 million pounds (about $253 million) in private funding before pursuing an initial public offering (IPO) in the United States, Sky News...
Trump Media and Technology Group (TMTG) plans to create a strategic acquisition fund with select investors and explore opportunities to partner, merge with or acquire other companies that would benefit from TMTG’s technology and branding. The firm aims to focus on participants in the “America...
Debt management platform CredCore has raised $16 million for its AI-powered solution. The New York-based company’s Series A funding round, announced Thursday (Feb. 20), will help it expand its artificial intelligence (AI) capabilities, add staff and enhance its platform to support a wider range of...
Together AI raised $305 million in a Series B funding round to expand its AI Acceleration Cloud that helps developers and enterprises train, fine-tune and run inference for generative artificial intelligence (AI) models. The round valued the company at $3.3 billion, Together AI said in...
Self-described “AI-powered workspace” Stacks says it is now $10 million richer. The company, founded by Uber and Plaid veteran Albert Malikov, announced Wednesday (Feb. 19) that it had raised $3 million in a pre-seed round led by EQT Ventures, followed by a $7 million seed round led by General Catalyst. The company says the funding will...
