Investments

Investments
Carlyle and Insight Partners Invest in Supply Chain Firm Exiger
December 19, 2023

Funds managed by global investment firm Carlyle and global software investor Insight Partners have entered into a definitive agreement to provide majority investment in Exiger, a software-as-a-service (SaaS) firm focused on helping corporations, government agencies and banks manage supply chains. With this investment, Exiger will...

Investments
Revo Capital Launches $100 Million Effort for Turkish AI Firms
December 18, 2023

Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing Director Cenk Bayrakdar told Bloomberg News in an interview Monday (Dec. 18), with a focus on firms that develop AI and...

Investments
Robinhood Begins Pulling Customers From Larger Brokers
December 17, 2023

Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since Oct. 23, the day it began offering a 1% match on transferred brokerage accounts, the company told...

Investments
Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
December 15, 2023

London-based startup Qogita has reportedly secured 80 million euros ($87.3 million) in a Series B round for its wholesale procurement platform for small- to medium-sized businesses (SMBs).  The platform is designed to help retailers source products reliably and at competitive wholesale prices, leveling the playing field...

Investments
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI), the ability to identify unique humans is becoming more important.  Altman’s comments came after reports emerged that Worldcoin is seeking...

Investments
Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
December 15, 2023

Shelpful has raised a $3 million seed investment to continue adding features and partnerships to its solution that helps people build lasting habits around health, happiness and self-care.  The Shelpful service offers members an artificial intelligence (AI)-powered productivity assistant, a real-human accountability coach or a combination...

Investments
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
December 14, 2023

Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. The Italian company makes software designed to help hosts boost their revenue via machine learning models. The funding round came from a mix of equity and bank credit lines, EU...

Investments
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United Kingdom.  With this investment, the firm has raised 7.9 million euros ($8.68 million) in 2023 and 12.1 million euros ($13.3...

Investments
Lolli Raises $8 Million to Grow Bitcoin Rewards Program
December 14, 2023

Lolli has raised $8 million to expand its bitcoin/cashback rewards program. Co-founder and CEO Alex Adelman told TechCrunch Thursday (Dec. 14) that the new financing — bringing its total funding to $28 million — will be used to bring the rewards program to partners such as exchanges,...