Investments

Investments
Elon Musk’s Startup xAI Raises $6 Billion to Accelerate R&D
May 27, 2024

Elon Musk’s artificial intelligence (AI) startup xAI has raised $6 billion in a Series B funding round, giving it a pre-money valuation of $18 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Rows Raises $8.7 Million to Expand AI-Powered Spreadsheet App
May 27, 2024

Rows has raised 8 million euros (about $8.7 million) to expand its cloud-based, artificial intelligence (AI)-powered spreadsheet app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Investments
Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada
May 27, 2024

Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to use buy now, pay later (BNPL) for their insurance premiums. Get the Full Story Complete the form to unlock this...

Investments
Report: Private Equity Sits on $3 Trillion as Dealmaking Slows
May 26, 2024

Private equity firms are reportedly holding onto a record 28,000 companies worth $3 trillion-plus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Abett Raises $11.6 Million for Health Plan Data Management Platform
May 24, 2024

Abett has raised $11.6 million to grow its software platform that helps large employers manage and analyze health plan data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Google to Invest in Flipkart, Help Modernize Digital Infrastructure
May 24, 2024

Google plans to invest in Indian digital commerce company Flipkart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Investments
New Backing Helps Elon Musk’s xAI Raise Nearly $6 Billion
May 23, 2024

Elon Musk’s artificial intelligence startup, xAI, reportedly secured new backing that puts it close to a $6 billion funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Investments
Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
May 22, 2024

Max Retail has raised $15 million in a Series A round to expand its marketplace that helps independent retailers and brands sell excess inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...