Anthropic wants to meet with prospective investors ahead of a potential initial public offering that could take place as soon as October, Bloomberg News reported Wednesday (July 15). Banks leading the offering are scheduling investor meetings in the coming weeks, according to the report, which...
Lumin Digital has raised $115 million in new capital to further the expansion of its unified digital banking platform into a Compounding Growth Platform for banks and credit unions. The new capital includes $70 million in new investment from 15 of the company’s clients and...
Flex, a 3-year-old startup offering artificial intelligence-powered banking solutions for medium-sized business owners, was valued at $1.2 billion in a funding round, Reuters reported Tuesday (July 14), citing an unnamed source. The B1 round more than doubled Flex’s valuation from six months ago, according to...
Auger raised $50 million in a Series B funding round to accelerate its build of an autonomous operating system for supply chain operations, Auger Founder and CEO Dave Clark said in a Thursday (July 9) post on LinkedIn. The company is “reinventing the operating systems of the physical economy,” Clark said in the...
Gauntlet Networks, a digital asset risk and optimization firm, raised $125 million in a Series C funding round to support its continued development into a global organization. The company is a cryptocurrency industry yield curator that helps capital allocators, FinTechs, financial institutions and stablecoin issuers...
South Korean memory chipmaker SK hynix raised $26.5 billion in its U.S. market debut Friday (July 10), completing the largest-ever U.S. listing by a foreign company, the Financial Times reported Friday. The company’s U.S. market debut followed a first quarter in which SK hynix saw its revenue nearly triple year over...
U.K. digital lender Lendable finalized a deal Thursday (July 9) in which it will raise 500 million pounds (about $670 million) to support its effort to push further into lending, Bloomberg reported Thursday, citing unnamed sources. In the deal, Lendable will sell securities backed by a portfolio of unsecured...
GrubHub/Blue Apron owner Wonder is reportedly arranging hundreds of millions of dollars in new funding. That’s according to a Wednesday (July 8) report from The Information, which said the round—potentially Wonder’s last before going public—could value the company at $9 billion. Wonder has arranged to...
Prime Intellect raised $130 million in a Series A funding round to scale its tech stack and target new problems with its “open superintelligence stack.” The company trains open frontier models and provides customers with the compute, large-scale reinforcement learning (RL), environments, sandboxes, evaluations and...